tomo logo

$325,000

Beds
1
Baths
2.0
sq ft
1,047

9860 S Thomas Dr Unit 1916, Panama City, FL 32408

9860 S Thomas Dr Unit 1916

Panama City Beach, FL 32408

  • 132 days on market
BREATHTAKING VIEW OF THE GULF****Step into the elegance of LAKETOWN WHARF 1916, where a stunningly Gulf-view condo awaits. With a spacious 1,047 square feet of indoor luxury, this exquisite condo offers a generously sized kitchen and living area, complemented by a grand balcony that offers captivating views of the Gulf. The bedroom exudes sophistication, providing ample space, an ensuite bathroom, and a large closet. The additional bunk room boasts easy access to a second bathroom. This turnkey condo is an ideal choice for those seeking a second home or a savvy investment property. Located in the heart of Panama City Beach, Laketown Wharf Resort offers a premier beachfront living experience with an array of amenities. Enjoy five pools, two hot tubs, a fully equipped gym, exclusive beach access, covered parking, a nightly light show, five restaurants, market shops, and a poolside bar. For accurate measurements, verification is recommended. Don't miss this opportunity to own a piece of luxury in Panama City Beach! Contact me for more details and to schedule a viewing.

Details

Property type

Condominium

Est. home value

$335,715

Lot size

Unknown

Price per sq ft

$311

Year built

2007

Monthly HOA fee

$769.67

Price History

05/01/2024
CentralPanhandle

CentralPanhandle #756917

Listed
$325,000
+62.58%
06/19/2020
CentralPanhandle

CentralPanhandle #694683

Sold
$199,900

Schools & Community

Elementary school: 

Breakfast Point

Middle school: 

Breakfast Point

High school: 

Arnold

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

$185,443
Asking price
$325,000
Closing costs (~8% of asking)
-$26,000
Est. remaining loan balance
-$113,557
Cash to seller
$185,443

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

June 2020

Original loan amount

$149,925

Est. remaining balance

$113,557

Interest rate

2.77%

Loan type

New Conventional, 15 year

Seller

Raghavan Gomatham and Avanthi Gottam

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 6:40 PM

Listing updated: 05/10/2024 at 2:06 PM

Listed by: Phyllis Holloway, Saltwater Real Estate of PCB Phone #: (850) 752-5841

MLS: CentralPanhandle #756917

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