tomo logo

$325,000

Beds
1
Baths
2.0
sq ft
1,047

9860 S Thomas Dr Unit 1305, Panama City, FL 32408

9860 S Thomas Dr Unit 1305

Panama City, FL 32408

  • 214 days on market
    • Price drop $10,000↓
**PRICE REDUCED**GULFVIEW, Unit 1305 MOVE IN READY! SELLER IS OFFERING $5,000 for upgraded FLOORING TO BUYER. Spacious balcony looking out at the gulf! Smart TVs., Washer/Dryer. This condo is on the 13th floor with marvelous Gulf views. Great Natural Lighting. Rental revenue is great. One King bed, one full bed and also a sofa sleeper. Sleeps up to Six. The kitchen features full size appliances, breakfast bar and a pantry for extra storage. The unit has been tastefully decorated with beautiful furnishings.. Enjoy a lifestyle of ease in this beautifully landscaped condominium. Laketown Wharf Resort is in the heart of all the fun in Panama City Beach and boasts 5 pools including a 10th floor roof top pool and a kiddie pool, 2 hot tubs, Large two-floor gym, private access to the beach, covered parking, nightly light water show, five restaurants, retail shops, a pool bar, pickleball court, 24 hr security and BBQ area. (Walmart across the street). Great vacation home or starter Investment Property! ** Something great is about to happen to the convention center (on property). It will be called ''810''. There will be Bowling and Billiards, Bar/Food, Ice Cream area, Arcades and so much more. Whether raining or cool weather, it will be open everyday. (to be completed by end of 2024)

Details

Property type

Condominium

Est. home value

$361,086

Lot size

Unknown

Price per sq ft

$311

Year built

2008

Annual property taxes

$3,826

Monthly HOA fee

$769.79

Price History

10/26/2024
CentralPanhandle

CentralPanhandle #755927

Listed
$325,000
10/20/2024
CentralPanhandle

CentralPanhandle #755927

Removed
$325,000
08/09/2024
CentralPanhandle

CentralPanhandle #755927

Price change
$325,000
-2.99%

Schools & Community

Elementary school: 

Breakfast Point

Middle school: 

Breakfast Point

High school: 

Arnold

Community features: 

Pool, Gated, Fitness Center, Park

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

$52,459
Asking price
$325,000
Closing costs (~8% of asking)
-$26,000
Est. remaining loan balance
-$246,541
Cash to seller
$52,459

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 2022

Original loan amount

$286,841

Est. remaining balance

$246,541

Interest rate

3.14%

Loan type

New Conventional, 15 year

Seller

Suzanne Dougherty

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: 11/19/2024 at 12:45 PM

Listing updated: 10/26/2024 at 1:59 PM

Listed by: Randy R Wood, Saltwater Real Estate of PCB Phone #: (850) 752-5841

MLS: CentralPanhandle #755927

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