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$300,000

Beds
1
Baths
1.0
sq ft
609

9850 S Thomas Dr Unit 403W, Panama City, FL 32408

9850 S Thomas Dr Unit 403W

Panama City Beach, FL 32408

  • 115 days on market
    • Price drop $5,000↓
PRICE IMPROVEMENT.....HURRY BEFORE ITS GONE!!!!! GREAT INVESTMENT AND RENTAL POTENTIAL!!! BACK ON MARKET DUE TO ZERO FAULT OF THE SELLERS!!!COST TO OWN BEACH PROPERTY AND LOW FLOOR ALERT! WEST SIDE VIEW! POPULAR SUNBIRD CONDO!!! BEACH LIVING AT ITS BEST! AMAZING INVESTMENT FOR RENTAL INCOME OR SECOND HOME AT THE BEACH GETAWAY. SHARED STORAGE SPACE CONVEYS....... SPECIAL OWNER GATE ACCESS TO PINEAPPLE WILLIES FOR YOUR FOOD AND ENTERTAINMENT! 24 HOUR GATED COMMUNITY WITH GUARD GATE SECURITY Recently updated building with all new slider doors and windows looking straight at the Gulf of Mexico. The views from this 1 bed, 1 bath condominium are immaculate. This cozy ''C'' floor plan unit is turnkey. The kitchen includes all white appliances and a stainless steel double-compartment sink. The ceiling-to-floor windows in the living area leave you no option but to admire the amazing emerald waters of the Gulf! All windows and sliding doors are brand new and were replaced w/ hurricane rated windows and doors. NEW LAST YEAR 1.2-MILLION DOLLAR composite deck with 3 swimming pools, a gym, and a tennis court WITH NEW PICKLE BALL COURT BEING COMPLETED AS WE SPEAK! Enjoy the PCB tourist attraction experience with a location near shops, restaurants, and nightlife!

Details

Property type

Condominium

Est. home value

$321,718

Lot size

Unknown

Price per sq ft

$493

Year built

1984

Annual property taxes

$3,048

Monthly HOA fee

$701.8

Price History

10/24/2024
CentralPanhandle

CentralPanhandle #760544

Price change
$300,000
-1.64%
10/16/2024
CentralPanhandle

CentralPanhandle #760544

Price change
$305,000
-3.17%
10/02/2024
CentralPanhandle

CentralPanhandle #760544

Price change
$315,000
-3.08%

Schools & Community

Elementary school: 

Breakfast Point

Middle school: 

Breakfast Point

High school: 

Arnold

Community features: 

Pool, Gated, Fitness Center, Park, Tennis Court(s)

Number of units in community: 

288

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$53,381
Asking price
$300,000
Closing costs (~8% of asking)
-$24,000
Est. remaining loan balance
-$222,619
Cash to seller
$53,381

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Peoplessouth Bank

Loan start date

March 2023

Original loan amount

$240,000

Est. remaining balance

$222,619

Interest rate

5.25%

Loan type

Not Provided, 15 year

Seller

Jeffrey Dwight Stith and Karen Lee Statom

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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9850 S Thomas Dr Unit 1104E, Panama City, FL 32408

Status: Active

Tomo last checked: 11/19/2024 at 10:30 AM

Listing updated: 10/24/2024 at 8:00 PM

Listed by: Sassy French, Keller Williams Success Realty Phone #: (850) 249-0313

MLS: CentralPanhandle #760544

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