tomo logo

$375,000

Beds
3
Baths
3.0
sq ft
1,681

9860 S Thomas Dr Unit 221, Panama City, FL 32408

9860 S Thomas Dr Unit 221

Panama City, FL 32408

  • 37 days on market
    • Price drop $14,000↓
Welcome to your dream beachside retreat at Laketown Wharf Resort! This beautifully remodeled 3-bedroom, 3-bathroom condo is perfect for short-term rentals or as a primary residence. The unit underwent a $50K remodel in 2024, featuring a brand-new HVAC system, new appliances, and a water heater that's only a few years old. The condo is adorned with luxurious Life Proof brand LVP flooring throughout, adding both elegance and durability. The kitchen boasts all-new soft-close solid wood cabinets--no particle board here!--and the entire unit, including the trim, has been freshly painted.A standout feature is the 2.5% assumable VA loan, available to anyone, offering a fantastic financing opportunity.Laketown Wharf Resort offers an incredible array of amenities, including beach access, a fully equipped fitness center, a putting green, outdoor gazebos, and a massive 52,000 sq. ft. boardwalk. Enjoy breathtaking views of the lake and beach, relax by one of the five outdoor pools (including a heated seasonal pool), and feel secure with on-site security. Pool sun loungers provide the perfect spot to soak up the Florida sunshine.Located within walking distance of a variety of restaurants, vibrant nightlife, and the stunning Gulf of Mexico, this condo offers the ultimate coastal lifestyle. With white sand beaches, emerald green waters, and unforgettable sunsets just steps away, your paradise awaits.Don't miss this rare opportunity--schedule a showing today and make this exceptional property yours! Come visit today!

Details

Property type

Condominium

Est. home value

$469,316

Lot size

Unknown

Price per sq ft

$224

Year built

2008

Annual property taxes

$4,517

Monthly HOA fee

$1,236

Price History

09/11/2024
CentralPanhandle

CentralPanhandle #761245

Price change
$375,000
-3.6%
08/12/2024
CentralPanhandle

CentralPanhandle #761245

Listed
$389,000
+41.45%
02/16/2021
CentralPanhandle

CentralPanhandle #706267

Sold
$275,000

Schools & Community

Elementary school: 

Breakfast Point

Middle school: 

Breakfast Point

High school: 

Arnold

Community features: 

Pool, Clubhouse, Fitness Center, 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

$92,498
Asking price
$375,000
Closing costs (~8% of asking)
-$30,000
Est. remaining loan balance
-$252,502
Cash to seller
$92,498

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Mortgage Research Center Llc

Loan start date

February 2021

Original loan amount

$275,000

Est. remaining balance

$252,502

Interest rate

2.67%

Loan type

VA, 30 year

Seller

Joseph Watson

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 8:40 PM

Listing updated: 09/11/2024 at 12:39 PM

Listed by: Team Don and Bubba, Counts Real Estate Group Inc Phone #: (850) 249-3615

MLS: CentralPanhandle #761245

CentralPanhandle logo

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