tomo logo

$410,000

Beds
3
Baths
2.0
sq ft
1,262

9860 S Thomas Dr Unit 1411, Panama City, FL 32408

9860 S Thomas Dr Unit 1411

Panama City, FL 32408

  • 106 days on market
    • Price drop $10,000↓
Welcome to LAKETOWN WHARF 1411! STUNNING GULF VIEW - It's all about the view and it doesn't get much better than this! This updated and spacious condo has two bedrooms, two bathrooms, a bunk area and a sleeper sofa. Tile plank throughout! Updated quartz counters! The primary bedroom has a king size bed with an OCEAN VIEW, direct balcony access and a large en-suite with a garden tub, walk-in shower and double vanity. Laketown Wharf Resort, in Panama City Beach, is in the heart of all the fun. It is located near many attractions, restaurants and water activities, with its very own private beach access located directly across the street. Laketown Wharf Resort holds an impressive reputation as one of the largest resorts in PCB. This property is situated along more than 50,000 feet of Lakefront Boardwalk and has a seemingly endless list of amenities to choose from. Resort Amenities: 5 Pools-Kiddie Pool-Island Pool-10th Floor Rooftop Pool-Splash Pool-Zero entry Pool 2 Hot Tubs Beach Access Fitness Center fully equipped Putting Green Gift and Souvenir shop Nightly fountain and light show on the lake Eateries in Laketown Wharf (Juan Taco, Lulu's, The Tipsy Turtle, The Wharf Seafood Buffet, Candymaker Ice Cream Shop, In Cahoots breakfast) On-site Security WiFi.... Nearby Attractions: Pineapple Willy's (across the street) Walmart Pier Park (5.1 miles) Frank Brown Park (5.7 miles) St. Andrew's State Park (4.9 miles) Emerald Falls Amusement Park (1 mile) Cobra Amusement Park (0.6 mile) Shipwreck Island Water Park (1.9 miles) Zoo World Ripley's Believe it or Not Museum Wonderworks Gulf Worldand coming in Spring, 2025: ''Bowling and Billiards'' on site.

Details

Property type

Condominium

Est. home value

$494,337

Lot size

Unknown

Price per sq ft

$325

Year built

2008

Annual property taxes

$4,978

Monthly HOA fee

$927.87

Price History

11/18/2024
CentralPanhandle

CentralPanhandle #761083

Price change
$410,000
-2.38%
08/09/2024
CentralPanhandle

CentralPanhandle #761083

Listed
$420,000
-6.67%
12/30/2021
CentralPanhandle

CentralPanhandle #720575

Sold
$450,000
+87.5%

Schools & Community

Elementary school: 

Breakfast Point

Middle school: 

Breakfast Point

High school: 

Arnold

Community features: 

Pool, Fitness Center, Park

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

$104,834
Asking price
$410,000
Closing costs (~8% of asking)
-$32,800
Est. remaining loan balance
-$272,366
Cash to seller
$104,834

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

December 2021

Original loan amount

$322,500

Est. remaining balance

$272,366

Interest rate

2.35%

Loan type

New Conventional, 16 year

Seller

Erik Belinfante and Lita Belinfante

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: 11/22/2024 at 11:30 PM

Listing updated: 11/18/2024 at 3:12 PM

Listed by: Laurie W McKay, Coastal Living Realty & Associates Phone #: (404) 401-2444

MLS: CentralPanhandle #761083

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