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$540,000

Beds
3
Baths
3.0
sq ft
1,681

9860 S Thomas Dr Unit 1421, Panama City, FL 32408

9860 S Thomas Dr Unit 1421

Panama City Beach, FL 32408

  • 21 days on market
Discover unparalleled coastal living in this beautifully updated gulf-view condo at Laketown Wharf. This true three-bedroom unit, complete with an additional bunk room and three full baths, offers an ideal blend of modern comfort and luxury, making it perfect for investors or those seeking a turnkey vacation rental. Step inside to find a space that has been thoughtfully renovated with attention to detail. The kitchen is a chef's delight, featuring brand-new quartz countertops, a stylish new backsplash and stainless steel appliances, all updated in the past four years. The master bath has been elegantly updated, and the entire condo boasts fresh lighting, new LVP flooring and freshly painted cabinets, creating a contemporary and inviting atmosphere. The latest in home technology

Details

Property type

Condominium

Est. home value

$493,536

Lot size

Unknown

Price per sq ft

$322

Year built

2008

Monthly HOA fee

$1,235.93

Price History

08/29/2024
EmeraldCoast

EmeraldCoast #958063

Listed
$540,000
+71.43%
12/02/2019
CentralPanhandle

CentralPanhandle #689934

Sold
$315,000

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

$240,633
Asking price
$540,000
Closing costs (~8% of asking)
-$43,200
Est. remaining loan balance
-$256,167
Cash to seller
$240,633

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

November 2019

Original loan amount

$283,500

Est. remaining balance

$256,167

Interest rate

3.57%

Loan type

New Conventional, 30 year

Seller

Bradley Duane Benson and Sandra K Bishop

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 5:50 PM

Listing updated: 09/03/2024 at 12:54 PM

Listed by: Kandace N Tomes-Holland, Kandace N Tomes-Holland, Scenic Sotheby's International Realty Phone #: (850) 231-6052

MLS: EmeraldCoast #958063

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