tomo logo

$359,000

Beds
2
Baths
2.0
sq ft
907

9900 S Thomas Dr Unit 1215, Panama City, FL 32408

9900 S Thomas Dr Unit 1215

Panama City Beach, FL 32408

  • Pending
    • Price drop $25,900↓
High Rental Income Producer...located in the HEART of complex, i.e. the very GEO-CENTER, MIDWAY FROM SIDE TO SIDE AND HALFWAY FROM TOP TO BOTTOM... with superb parking spot...Space is only a few steps from your front door, thus all you have to do is drive up - unpack - HIT THE BEACH or any of our notable restaurants - many within a brisk walk , or quick drive from this extraordinary complex.Rental income should exceed 60K gross annually and excellent Rental Manager in place today with numerous advance bookings which are all for you to take advantage. By the way, ask aboutRental Manager's special ''get acquainted'' rate for first year new customers.

Details

Property type

Condominium

Est. home value

$407,516

Lot size

Unknown

Price per sq ft

$396

Year built

2007

Annual property taxes

$4,271

Monthly HOA fee

$952.64

Price History

09/10/2024
CentralPanhandle

CentralPanhandle #759028

Pending
$359,000
08/29/2024
CentralPanhandle

CentralPanhandle #759028

Price change
$359,000
-6.73%
06/24/2024
CentralPanhandle

CentralPanhandle #759028

Listed
$384,900
+4.03%

Schools & Community

Elementary school: 

Breakfast Point

Middle school: 

Breakfast Point

High school: 

Arnold

Community features: 

Pool, Clubhouse, Fitness Center

Number of units in community: 

700

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

Central State Bank

Loan start date

November 2021

Original loan amount

$284,000

Est. remaining balance

Not provided

Interest rate

2.99%

Loan type

Commercial

Seller

Mk Hope 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?

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9900 S Thomas Dr Unit 517, Panama City, FL 32408

Status: Pending/Under Contract

Tomo last checked: 10/04/2024 at 11:05 PM

Listing updated: 09/26/2024 at 11:10 PM

Listed by: Michael Jones, Lifes A Beach Real Estate, LLC Phone #: (850) 249-9111

MLS: CentralPanhandle #759028

CentralPanhandle logo

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