tomo logo

$339,000

Beds
1
Baths
2.0
sq ft
1,047

9860 S Thomas Dr Unit 519, Panama City, FL 32408

9860 S Thomas Dr Unit 519

Panama City, FL 32408

  • 182 days on market
    • Price drop $6,000↓
Welcome to Laketown Wharf, Panama City Beach's largest condominium complex with the best amenities too! This Gulf View unit is a 1 Bedroom plus a full bunkroom with 2 full bathrooms. What's special about this place is that both bathrooms have extended double vanities with fresh white paint. This clean fresh concept extends into the kitchen where the cabinets have fresh paint and matching white appliances. There is an island bar for gathering, barstools and granite. The kitchen and grand-room gives you a direct view of the Gulf. Laketown Wharf is actually across the street, but you have dedicated beach access through a coded gate between Pineapple Willys and Shores of Panama Condo. You can also access two other quieter beach access points at PCB#33 & #34.Check out the wood laminate flooring in the master bedroom and grand-room. Its great to have NO CARPET and the wood tones are warm and inviting. This is currently a short term rental with VRBO & AIRBNB.. talk about a great investment that will pay for itself!!!You can expect between $38,000- $45,000 in STR income if you wish to rent. It would also make a great owners retreat as well. There are many full time owners who meet regularly for pickleball, mini golf, workouts at the 2 story gym and have beverages at the many restaurants and bars on property. FYI the COA dues includes Hazard Insurance, Cable, Internet, Pest Control, Water and Garbage too. Plus access to all the 5 pools 2 hot-tubs and sundecks. Check out this amazing unit today!

Details

Property type

Condominium

Est. home value

$389,828

Lot size

Unknown

Price per sq ft

$324

Year built

2008

Annual property taxes

$3,826

Monthly HOA fee

$769.79

Price History

11/05/2024
CentralPanhandle

CentralPanhandle #757676

Price change
$339,000
-1.74%
09/15/2024
CentralPanhandle

CentralPanhandle #757676

Price change
$345,000
-5.48%
05/24/2024
CentralPanhandle

CentralPanhandle #757676

Listed
$365,000
-2.67%

Schools & Community

Elementary school: 

Breakfast Point

Middle school: 

Breakfast Point

High school: 

Arnold

Community features: 

Pool, Clubhouse, Fitness Center, Golf, Gated, 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

Pacific Sun Mortgage

Loan start date

June 2022

Original loan amount

$225,000

Est. remaining balance

Not provided

Interest rate

3.5%

Loan type

New Conventional, 30 year

Seller

Xe Properties Llc

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: 11/22/2024 at 11:30 PM

Listing updated: 11/05/2024 at 4:10 PM

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

MLS: CentralPanhandle #757676

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