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$485,000

Beds
3
Baths
3.0
sq ft
1,481

9860 S Thomas Dr Unit 1001, Panama City, FL 32408

9860 S Thomas Dr Unit 1001

Panama City Beach, FL 32408

  • 397 days on market
    • Price drop $5,900↓
VIEWS VIEWS VIEWS AS GOOD AS IT GETS. READY TO RENT, SAME FLOOR AS POOL, this condo has 3 Bedrooms, 3 Baths, Bunk Room & Can Easily Accommodate Over 10 People. . Laketown Wharf Resort has a Dedicated/Gated Beach Access through a private boardwalk at Pineapple Willys. Mini Golf area, Grilling area, All the Fun & Excitement in Panama City Beach! This Beachside Resort Offers Amenities with Convenient Beach Access, 5 Unique Pools, Splash Bar & Grill, Gulf View Fitness Center & Covered Garage Parking. LTW Offers a Variety of Views Including the Gulf of Mexico, Lake & Golf Course. Enjoy The Nightly Fountain & Light Show & Market Shops Along The Lakefront Boardwalk.

Details

Property type

Condominium

Est. home value

$505,723

Lot size

Unknown

Price per sq ft

$328

Year built

2008

Monthly HOA fee

$1,058.67

Price History

06/28/2024
EmeraldCoast

EmeraldCoast #937159

Price change
$485,000
-1.2%
05/01/2024
EmeraldCoast

EmeraldCoast #937159

Listed
$490,900
05/01/2024
EmeraldCoast

EmeraldCoast #937159

Removed
$490,900

Schools & Community

Elementary school: 

Breakfast Point

Middle school: 

Breakfast Point

High school: 

Arnold

Community features: 

Pool

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

$222,410
Asking price
$485,000
Closing costs (~8% of asking)
-$38,800
Est. remaining loan balance
-$223,790
Cash to seller
$222,410

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

Seller’s Loan History

Lender

Renasant Bank

Loan start date

April 2021

Original loan amount

$285,000

Est. remaining balance

$223,790

Interest rate

2.21%

Loan type

New Conventional, 15 year

Seller

Venkata Subba Rao Kastala and Kanjatha Nalini Kastala

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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Status: Active

Tomo last checked: 12/23/2024 at 2:35 AM

Listing updated: 12/01/2024 at 9:49 AM

Listed by: Mike Rylee, Mike Rylee, Beach Time Realty Inc Phone #: (850) 381-3156

MLS: EmeraldCoast #937159

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