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$325,000

Beds
1
Baths
2.0
sq ft
1,047

9860 S Thomas Dr Unit 1004, Panama City, FL 32408

9860 S Thomas Dr Unit 1004

Panama City, FL 32408

  • 1 day on market
This beautifully updated 1-bedroom, 2-bathroom condo at Laketown Wharf in Panama City Beach, FL, offers stunning views of the Gulf of America and resort-style living. Conveniently located just steps away from the elevator, this unit provides easy access to all the fantastic amenities the resort has to offer. Recently upgraded in 2024, the condo features new flooring and modern kitchen appliances, giving it a fresh, stylish feel. The open-concept layout seamlessly connects the kitchen, dining, and living areas, making it perfect for relaxing or entertaining.Laketown Wharf provides an array of amenities, including five pools, such as a rooftop pool with breathtaking views, a zero-entry pool, and a heated pool for year-round enjoyment. The fully equipped fitness center is perfect for staying active, while the private lakefront boardwalk offers a serene spot for relaxing strolls. The new 810 Billiards & Bowling venue on-site adds even more entertainment options with bowling, billiards, and dining. Additionally, the property features on-site restaurants, boutique shopping, and easy access to the white sandy beaches and emerald waters of the Gulf, just a short walk away.Located in the heart of Panama City Beach, this condo is close to dining, shopping, and popular attractions. Whether you're looking for a vacation home, investment property, or your own retreat, this condo has it all. Schedule a showing today to make this coastal gem yours!

Details

Property type

Condominium

Est. home value

$331,559

Lot size

Unknown

Price per sq ft

$311

Year built

2008

Annual property taxes

$3,337

Monthly HOA fee

$830.19

Price History

01/28/2025
CentralPanhandle

CentralPanhandle #767842

Listed
$325,000
+5.18%
02/16/2024
CentralPanhandle

CentralPanhandle #747588

Removed
$309,000
10/06/2023
CentralPanhandle

CentralPanhandle #747588

Listed
$309,000
+47.14%

Schools & Community

Elementary school: 

Breakfast Point

Middle school: 

Breakfast Point

High school: 

Arnold

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

$190,470
Asking price
$325,000
Closing costs (~8% of asking)
-$26,000
Est. remaining loan balance
-$108,530
Cash to seller
$190,470

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

Seller’s Loan History

Lender

Inlanta Mortgage Inc

Loan start date

July 2020

Original loan amount

$120,000

Est. remaining balance

$108,530

Interest rate

3.24%

Loan type

New Conventional, 30 year

Seller

Douglas A Kesselring and Marlene Kesselring

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?

Status: Active

Tomo last checked: 01/30/2025 at 2:15 AM

Listing updated: 01/29/2025 at 12:39 PM

Listed by: Alex Morris, Dalton Wade Inc Phone #: (888) 668-8283

MLS: CentralPanhandle #767842

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