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$285,000

Beds
1
Baths
2.0
sq ft
1,047

9860 S Thomas Dr Unit 204, Panama City, FL 32408

9860 S Thomas Dr Unit 204

Panama City Beach, FL 32408

  • 5 days on market
This luxurious condo presents not only an exquisite living space that has been COMPLETELY RENOVATED but also a lucrative chance to secure a prime income stream.With upgrades worth over $34,000 completed in 2022, the unit showcases stunning commercial-grade luxury vinyl plank flooring flowing throughout the whole unit. Featuring the desirable ''C'' floor plan; you will not have any issues sleeping a large family of 6 with the extra bunk room. The primary bedroom boasts ample space with an ensuite bathroom including updated lighting, and a new faucet and showerhead.The kitchen is a chef's dream with granite countertops, stainless steel appliances, a stylish backsplash, and a large island overlooking the living room and the balcony. From the moment you step inside, you'll be captivated by the tastefully decorated decor with a charming beach theme. This fully furnished unit offers an impressive turnkey investment opportunity as well as the perfect second home getaway. You won't have to worry about laundry either, as the unit comes with a washer and dryer. You will have the convenience of a Ring doorbell and a Lockly Smart Lock that you can control from anywhere making check-in a smooth and stress-free process. Laketown Wharf offers an array of amenities to enhance your investment. Laketown Wharf has recently opened 810 Billiards and Bowling, a fantastic attraction that is located in the convention center. This has a positive impact both financially and for family-friendly activities, attracting more guests. Enjoy five pools, two hot tubs, a fully equipped gym, exclusive beach access, practice putting green, covered parking, a nightly light show, five restaurants, market shops, and a poolside bar along the 52,000 square feet of Lakefront Boardwalk! You are also within walking distance to Walmart and local shops and restaurants. Detailed rental projections, a full list of updates, and helpful information about monthly utilities are available upon request.

Details

Property type

Condominium

Est. home value

$327,611

Lot size

Unknown

Price per sq ft

$273

Year built

2008

Annual property taxes

$3,548.78

Monthly HOA fee

$830.19

Price History

01/17/2025
CentralPanhandle

CentralPanhandle #767411

Listed
$285,000
-9.52%
07/28/2024
CentralPanhandle

CentralPanhandle #756577

Removed
$315,000
05/02/2024
CentralPanhandle

CentralPanhandle #756577

Listed
$315,000
+8.25%

Schools & Community

Elementary school: 

Breakfast Point

Middle school: 

Breakfast Point

High school: 

Arnold

Community features: 

Pool, Clubhouse, Fitness Center, Park, Sidewalks

Number of units in community: 

765

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Renasant Bank

Loan start date

December 2021

Original loan amount

$212,600

Est. remaining balance

Not provided

Interest rate

3.75%

Loan type

New Conventional, 30 year

Seller

Michael Asiatico and Simona Asiatico

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?

Status: Active

Tomo last checked: 01/22/2025 at 6:15 PM

Listing updated: 01/17/2025 at 6:00 PM

Listed by: Liz A Wright, Keller Williams Success Realty Phone #: (850) 249-0313

MLS: CentralPanhandle #767411

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