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$399,000

Beds
3
Baths
3.0
sq ft
1,681

9860 S Thomas Dr Unit 412, Panama City, FL 32408

9860 S Thomas Dr Unit 412

Panama City Beach, FL 32408

  • 318 days on market
    • Price drop $11,000↓
Beautifully updated turn-key unit with bunk room offers breathtaking views from the main living area, main bed and spacious balcony on this premium floor. Easy access to avoid the elevators and located on the ''quiet south end.'' Occupancy is 12 guests maximizing your family space, or rentability. The open floor plan is great for entertaining. This gorgeous unit comes fully furnished with luxury coastal accents. Notice the updates to the kitchen, floors, lighting, barn door, etc, plus SS appliances and washer/dryer. Tourists LOVE it's style! This complex boasts some of the largest units on PCB with 9' ceilings. The bedrooms are large and the bunk room provides more storage. Main bath boasts large garden tub and walk in shower. Amenities include 5 pools, 2 hot tubs, putting green, large fitness room overlooking the Gulf, light show nightly at 8pm. It's within walking distance to Walmart, shopping, Pineapple Willies, and 3 public beach accesses directly across the street. All measurments to be verified by buyer if important

Details

Property type

Condominium

Est. home value

$495,493

Lot size

Unknown

Price per sq ft

$238

Year built

2008

Annual property taxes

$5,649

Monthly HOA fee

$1,235.93

Price History

09/18/2024
CentralPanhandle

CentralPanhandle #752558

Price change
$399,000
-2.68%
06/28/2024
CentralPanhandle

CentralPanhandle #752558

Price change
$410,000
-5.31%
06/06/2024
CentralPanhandle

CentralPanhandle #752558

Price change
$433,000
-2.26%

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

$111,610
Asking price
$399,000
Closing costs (~8% of asking)
-$31,920
Est. remaining loan balance
-$255,470
Cash to seller
$111,610

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

Seller’s Loan History

Lender

Fbt Mortgage Llc

Loan start date

May 2021

Original loan amount

$276,000

Est. remaining balance

$255,470

Interest rate

3.13%

Loan type

New Conventional, 30 year

Seller

David Vermeuel Jr and Erin Piller

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: 12/23/2024 at 10:05 AM

Listing updated: 12/16/2024 at 12:09 PM

Listed by: Heather Fox, Beachy Beach Real Estate Phone #: (850) 532-6262

MLS: CentralPanhandle #752558

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