tomo logo

$499,000

Beds
3
Baths
3.0
sq ft
1,681

9860 S Thomas Dr Unit 821, Panama City, FL 32408

9860 S Thomas Dr Unit 821

Panama City Beach, FL 32408

  • 9 days on market
Have you been searching for the best-priced 3-bedroom, gulf-facing unit in Laketown Wharf? Look no further! Unit 821 offers breathtaking views and an additional bunk room, making it perfect as a rental property or second home. Laketown Wharf boasts world-class amenities, including five pools, a full gym, a children's playground, a putting green, covered parking, an events center, and numerous shops and restaurants right on the property. Plus, you can easily access the beach through the private entrance next to Pineapple Willy's, directly across the street. Don't miss out on this incredible opportunity! Make unit 821 yours today

Details

Property type

Condominium

Est. home value

$497,998

Lot size

Unknown

Price per sq ft

$297

Year built

2008

Annual property taxes

$5,511

Monthly HOA fee

$1,332.91

Price History

02/13/2025
CentralPanhandle

CentralPanhandle #768778

Listed
$499,000
-0.18%
01/03/2025
CentralPanhandle

CentralPanhandle #758898

Removed
$499,900
06/18/2024
CentralPanhandle

CentralPanhandle #758898

Listed
$499,900
+53.82%

Schools & Community

Elementary school: 

Breakfast Point

Middle school: 

Breakfast Point

High school: 

Arnold

Community features: 

Pool, Clubhouse, Fitness Center, Fishing, Playground, Park, 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

$272,485
Asking price
$499,000
Closing costs (~8% of asking)
-$39,920
Est. remaining loan balance
-$186,595
Cash to seller
$272,485

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

$243,750

Est. remaining balance

$186,595

Interest rate

2.26%

Loan type

New Conventional, 15 year

Seller

Harikanth Dommaraju and Mahesh Vidiyala

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?

Similar Homes Nearby

CentralPanhandle
$538,000
3 bd
|
3 ba
|
1,681 sq ft
|
Condo

9860 S Thomas Dr Unit 921, Panama City, FL 32408

Price drop
CentralPanhandle
$439,000
3 bd
|
3 ba
|
1,681 sq ft
|
Condo

9902 S Thomas Dr Unit 933, Panama City, FL 32408

Price drop
CentralPanhandle
$485,000
3 bd
|
3 ba
|
1,483 sq ft
|
Condo

9860 S Thomas Dr Unit 1001, Panama City, FL 32408

Status: Active

Tomo last checked: 02/22/2025 at 6:20 PM

Listing updated: 02/21/2025 at 9:50 AM

Listed by: Nathan Lawrence, Legacy Premier Agency Phone #: (850) 468-2100

MLS: CentralPanhandle #768778

CentralPanhandle logo