tomo logo

$475,000

Beds
3
Baths
2.0
sq ft
1,262

9860 S Thomas Dr Unit 1806, Panama City, FL 32408

9860 S Thomas Dr Unit 1806

Panama City, FL 32408

  • 25 days on market
Fully renovated 3BR/2BA GULF-VIEW condo at the beautiful Laketown Wharf Beach Resort . This 1262 sqft unit offers spectacular gulf views from the 18th floor of the breathtaking Gulf of Mexico and the Emerald Coast and all it has to offer. This unit is being sold fully-furnished and everything you see in the photos convey. This unit is turn-key and any/all future bookings will transfer to new owner. Gross Rental Income 2021/$67,264, 2022/$56,890, 2023/$57,975, and 2024 YTD $54,463. Step into the coastal ambience of this beautifully themed condo with touches of rich blues, whites, and creams. Your kitchen gives ample space to cook up that delicious meal as you return home from the emerald coast waters and white sugary sands of the PCB coast, all just a few minutes walk, with convenient access for Laketown Wharf guests. Your kitchen features white cabinets, granite countertops and LED lighting throughout. Nestled close by you can relax on your large oversized couch, next to your electric fireplace with a large TV above. Step onto your private patio, overlooking Panama City Beach with gorgeous city and lake views below. Be mesmerized each night by the fountain and light show dancing on the lake waters below, right next to the boardwalk, where restaurants and shopping line. Soak up the rays during the day, all enjoyed in the privacy of your own balcony deck with views most dream of.Escape to your master suite with adjoining master bath and soak your cares away in your large master soaking tub. Master bath also includes dual vanities and shower. There are two additional bedrooms with a shared bathroom, also with a shower and tub combo.This unit sleeps 6 comfortably but can accommodate up to 8 people so it's perfect for large families and entertaining.Laketown Wharf Resort is in the heart of all the fun & excitement of Panama City Beach. Just steps away from the world's most beautiful white-sand beaches, shopping, dining and entertainment. Amenities include: convenient beach access, 5 unique pools, a kids funscape playground, Splash Bar & Grill, Gulf View Fitness Center & covered garage parking. Laketown Wharf Offers A Variety Of views Including The Gulf Of Mexico, Lake & Golf Course. Enjoy the nightly fountain & light show & market shops along the 52,000 sqft Of Lakefront Boardwalk.

Details

Property type

Condominium

Est. home value

$454,650

Lot size

Unknown

Price per sq ft

$377

Year built

2008

Annual property taxes

$4,822

Monthly HOA fee

$789

Price History

11/26/2024
CentralPanhandle

CentralPanhandle #765579

Listed
$475,000
10/01/2024
CentralPanhandle

CentralPanhandle #758165

Removed
$475,000
08/11/2024
CentralPanhandle

CentralPanhandle #758165

Price change
$475,000
-2.26%

Schools & Community

Elementary school: 

Breakfast Point

Middle school: 

Breakfast Point

High school: 

Arnold

Community features: 

Pool, Gated, Clubhouse, Fitness Center, Golf, Playground, Park, Restaurant, Sidewalks

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

$249,245
Asking price
$475,000
Closing costs (~8% of asking)
-$38,000
Est. remaining loan balance
-$187,755
Cash to seller
$249,245

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

February 2021

Original loan amount

$242,250

Est. remaining balance

$187,755

Interest rate

2.21%

Loan type

New Conventional, 15 year

Seller

Nina C Ocampo

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: 12/22/2024 at 9:50 AM

Listing updated: 12/03/2024 at 5:50 PM

Listed by: Shantel Peterson, Real Broker LLC Phone #: (855) 450-0442

MLS: CentralPanhandle #765579

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