tomo logo

$420,000

Beds
3
Baths
2.0
sq ft
1,262

9860 S Thomas Dr Unit 825, Panama City, FL 32408

9860 S Thomas Dr Unit 825

Panama City, FL 32408

  • 93 days on market
    • Price drop $10,000↓
Welcome to your dream coastal getaway! This beautiful 3-bedroom, 2-bathroom condo offers breathtaking Gulf views and an unparalleled lifestyle in the heart of Panama City Beach. As you step inside, you'll be greeted by modern luxuries including Luxury Vinyl Plank flooring throughout, stylish ceiling fans, an updated hot water heater, and chic light fixtures that enhance the bright, airy atmosphere.The expansive Gulf-facing balcony is perfect for savoring sunrises and sunsets, offering spellbinding vistas that make every moment special. The spacious bedrooms provide a peaceful retreat, with one featuring a convenient en-suite bathroom and ample closet space for all your storage needs.This fully turnkey condo is an ideal choice for those seeking a second home or a lucrative investment opportunity. Enjoy resort-style living at Laketown Wharf, the largest single-building condominium vacation resort in the area. With an incredible array of amenities, including five sparkling pools, two hot tubs, a state-of-the-art gym, private beach access, and covered parking, your every need is catered to.As night falls, watch the vibrant light show from the choreographed fountain just outside your door, complete with dancing water, lights, and music, celebrating another beautiful day on the beach.Laketown Wharf also features five exquisite restaurants, a convenient market shop, and a delightful pool bar, making it easy to enjoy delicious meals and refreshing drinks without ever leaving the resort. Don't miss your chance to own a piece of paradise! Verify all measurements with ease to ensure the perfect fit for your dreams. Seize this extraordinary opportunity to make this luxurious Panama City Beach condo your personal haven. Contact us today for an exclusive viewing!YTD Gross Revenue - $45,699.90 - ASK ME FOR MORE FINANCIALS!

Details

Property type

Condominium

Est. home value

$424,104

Lot size

Unknown

Price per sq ft

$333

Year built

2008

Annual property taxes

$4,822

Monthly HOA fee

$927.67

Price History

12/02/2024
CentralPanhandle

CentralPanhandle #762945

Price change
$420,000
-2.33%
09/17/2024
CentralPanhandle

CentralPanhandle #762945

Listed
$430,000
+3.61%
02/02/2024
CentralPanhandle

CentralPanhandle #747281

Sold
$415,000

Schools & Community

Elementary school: 

Breakfast Point

Middle school: 

Breakfast Point

High school: 

Arnold

Community features: 

Pool, Gated, Clubhouse, Fitness Center

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

$101,454
Asking price
$420,000
Closing costs (~8% of asking)
-$33,600
Est. remaining loan balance
-$284,946
Cash to seller
$101,454

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

Seller’s Loan History

Lender

Lendsure Mortgage Corp

Loan start date

January 2024

Original loan amount

$287,350

Est. remaining balance

$284,946

Interest rate

7.03%

Loan type

New Conventional, 30 year

Seller

Angela M Ludwig

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: 12/23/2024 at 7:30 AM

Listing updated: 12/02/2024 at 11:21 AM

Listed by: Tyler S Smith, Beach Haven Realty Phone #: (770) 596-6599

MLS: CentralPanhandle #762945

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