tomo logo

$540,000

Beds
2
Baths
3.0
sq ft
1,184

9900 S Thomas Dr Unit 1024, Panama City, FL 32408

9900 S Thomas Dr Unit 1024

Panama City, FL 32408

  • 64 days on market
If you're seeking a standout, upgraded unit at Shores of Panama, this is the one to see. Experience coastal living in this beautifully renovated 2-bedroom condo, plus a private hall bedroom with a double bed and barn door for added privacy. Each sleeping area is complemented by its own dedicated full bathroom. This sought-after ''K'' floor plan is situated on the east wing of the 10th floor, offering stunning balcony views of both the resort's iconic lagoon pool and the Gulf. Enjoy the rare perk of a deeded parking spot conveniently located on the same level.Thoughtfully designed with a touch of European elegance, this unit features modern-style furniture and finishes, ceramic tile flooring throughout, a sleek farm sink, and waterfall quartz countertops. Italian furniture, a sofa bed, and a Bose sound system add to the refined ambiance.All bathrooms are updated with stylish half-wall tiles, custom showers with glass enclosures, and European vanities, faucets, lighting, backlit mirrors, and Euro-style commodes. The unit comes fully furnished and is rental-ready, making it a perfect investment or personal getaway.Shores of Panama Resort Condominiums are renowned for their massive resort-style lagoon pool, complete with hot tubs and Tiki bars. Additional amenities include an indoor heated pool, spa, fitness center, sauna, steam room, and in-resort shopping. All information and HOA fees are deemed accurate, but buyers are encouraged to verify if important.

Details

Property type

Condominium

Est. home value

$504,826

Lot size

Unknown

Price per sq ft

$457

Year built

2007

Annual property taxes

$5,074

Monthly HOA fee

$1,263.74

Price History

10/19/2024
CentralPanhandle

CentralPanhandle #764045

Listed
$540,000
+36.53%
11/15/2021
CentralPanhandle

CentralPanhandle #713555

Sold
$395,520

Schools & Community

Elementary school: 

Breakfast Point

Middle school: 

Breakfast Point

High school: 

Arnold

Community features: 

Pool, Clubhouse, Fitness Center, Playground, Park

Number of units in community: 

709

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

$304,208
Asking price
$540,000
Closing costs (~8% of asking)
-$43,200
Est. remaining loan balance
-$192,592
Cash to seller
$304,208

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

Seller’s Loan History

Lender

A&D Mortgage Llc

Loan start date

November 2021

Original loan amount

$206,275

Est. remaining balance

$192,592

Interest rate

3.01%

Loan type

New Conventional, 30 year

Seller

Tung Nguyen and Edith Nguyen

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 2:45 AM

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

Listed by: Sean P Casilli, Coldwell Banker Realty Phone #: (850) 234-6696

MLS: CentralPanhandle #764045

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