tomo logo

$429,000

Beds
3
Baths
2.0
sq ft
1,262

9860 S Thomas Dr Unit 1208, Panama City, FL 32408

9860 S Thomas Dr Unit 1208

Panama City, FL 32408

  • 23 days on market
Fantastic GULF VIEWS from this 12th-floor unit at Laketown Wharf in Panama City Beach, Florida. The 8th stack is closer to the east end of the building, offering remarkable views from the living room, master bedroom, and large balcony of the sugary sands and emerald-colored waters of the world's most beautiful beaches.This beautifully renovated 2-bedroom condo with a private bunk room creates three distinct sleeping areas. It is one of the most elegantly updated units on the market and has been well-maintained, having been used as a primary residence.Sold fully furnished and rental-ready, the interior is highlighted by luxury vinyl plank flooring throughout, upgraded ceiling fans, and light fixtures. The kitchen features recessed lighting, updated plumbing fixtures, quartz countertops, a marble backsplash, stainless steel appliances, and white and blue cabinetry. The spacious master suite includes a king-size bed and sliding glass door access to the large balcony. The master bathroom features an oversized tiled walk-in shower, double vanities with quartz countertops, and an additional closet for ample storage. Windows with plantation shutters offer elegance and privacy, and a front-loading stacked washer and dryer are hidden behind the bunk room barn door. A new water heater was installed in 2020 for peace of mind.Enjoy resort-style living with many shops on the ground level, along with the 52,000 sq. ft. of lakefront boardwalk and a nightly fountain and light show. Also, home to Juan Taco, the best taqueria in PCB! Reasonable HOA fees include water, sewer, cable/TV, and pest control, plus amenities such as gated beach access, 5 community pools (1 heated year-round), a kids' playground, hot tubs, mini-golf, Splash Bar & Grill, a fitness center with gulf views, 2 covered parking garages, and a dedicated gated beach access right next to Pineapple Willy's. All information is deemed correct; buyers should verify if important.

Details

Property type

Condominium

Est. home value

$458,227

Lot size

Unknown

Price per sq ft

$340

Year built

2008

Annual property taxes

$3,993

Monthly HOA fee

$927.87

Price History

08/27/2024
CentralPanhandle

CentralPanhandle #761845

Listed
$429,000
+78.75%
07/15/2019
CentralPanhandle

CentralPanhandle #685417

Sold
$240,000

Schools & Community

Elementary school: 

Breakfast Point

Middle school: 

Breakfast Point

High school: 

Arnold

Community features: 

Pool, Clubhouse, Golf

Number of units in community: 

765

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

$266,340
Asking price
$429,000
Closing costs (~8% of asking)
-$34,320
Est. remaining loan balance
-$128,340
Cash to seller
$266,340

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

July 2019

Original loan amount

$180,000

Est. remaining balance

$128,340

Interest rate

3.51%

Loan type

New Conventional, 15 year

Seller

Shane Charlson and Joy Charlson

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: 09/19/2024 at 8:55 PM

Listing updated: 09/09/2024 at 7:19 PM

Listed by: Sean P Casilli, Coldwell Banker Realty Phone #: (850) 234-6696

MLS: CentralPanhandle #761845

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