tomo logo

$339,000

Beds
1
Baths
2.0
sq ft
1,047

9860 S Thomas Dr Unit 2014, Panama City, FL 32408

9860 S Thomas Dr Unit 2014

Panama City, FL 32408

  • 111 days on market
    • Price drop $10,900↓
**Penthouse***Penthouse***Penthouse**Welcome to Laketown Wharf Resort. This amazing condo has wonderful views of the Gulf of Mexico from the 20th floor. The great thing about the 20th floor is that these units all have higher ceilings throughout and bonus transom windows above the storm door and storm rated windows for letting even more sunshine in. The 152 sq. ft. balcony will delight you while overlooking the 5 pools, the private gulf access gate & walkway, An expansive lighted boardwalk, and many nice retail shopping outlets, restaurants and more. The best secret about the COA fee's is that it includes INSURANCE, Cable, Internet, Water, Garbage, Pest Control Service, Grilling areas, A Pickleball Court, Gazebo's, Pool chairs, tables and umbrellas for your use, plus: Amenity access to all pools, a 2-story gym, a putting green, multiple bars, the boardwalk, owners USPS mailroom and has 24 hour gated security / property patrol. All exterior maintenance included and more. *** THIS UNIT features 1047 sq ft of living space which is way more than those 600-850 units in other condos nearby! Owners PETS allowed, Parking Garage use too! This one is fully furnished (without TV's), sold as is and includes all furniture, all stainless kitchen appliances including the stacked washer/dryer and nice pub style-poly furniture on patio too! This is an owners vacation home only, a non-rental unit in pristine condition and can be shown anytime.Has a very calming beachy decor and rental projections would be between $40,000-$50,000 per year. Make this your next investment and call for an appointment to see this one today!

Details

Property type

Condominium

Est. home value

$336,433

Lot size

Unknown

Price per sq ft

$324

Year built

2008

Annual property taxes

$3,659

Monthly HOA fee

$769.79

Price History

11/05/2024
CentralPanhandle

CentralPanhandle #762146

Price change
$339,000
-3.12%
09/17/2024
CentralPanhandle

CentralPanhandle #762146

Price change
$349,900
-1.44%
09/02/2024
CentralPanhandle

CentralPanhandle #762146

Listed
$355,000
-2.74%

Schools & Community

Elementary school: 

Breakfast Point

Middle school: 

Breakfast Point

High school: 

Arnold

Community features: 

Pool, Clubhouse, Fitness Center, Golf, Gated, Sidewalks

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

$180,086
Asking price
$339,000
Closing costs (~8% of asking)
-$27,120
Est. remaining loan balance
-$131,794
Cash to seller
$180,086

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

January 2021

Original loan amount

$169,900

Est. remaining balance

$131,794

Interest rate

2.26%

Loan type

New Conventional, 15 year

Seller

Daniel A Fernandez and Brandi Fernandez

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: 12/23/2024 at 11:30 AM

Listing updated: 11/05/2024 at 2:20 PM

Listed by: Mark A Chambliss, Coastal Palms Real Estate Phone #: (716) 912-1447

MLS: CentralPanhandle #762146

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