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$525,000

Beds
2
Baths
3.0
sq ft
1,148

9900 S Thomas Dr Unit 1307, Panama City, FL 32408

9900 S Thomas Dr Unit 1307

Panama City Beach, FL 32408

  • 366 days on market
    • Price drop $25,000↓
MAMMOTH RENTAL MACHINE... 13TH FLOOR 2/3 with 2 MASTER BEDROOMS WITH KING BEDS EACH ROOM WITH THEIR OWN MASTER BATH...SEPARATE BUNK ROOM WHICH HAS IT'S OWN FULL SIZE BATHROOM (BUNK ROOM JUST CANNOT BE CONSIDERED A BEDROOM AS NO WINDOW OR CLOSET. IT DOES HAVE A BARN DOOR TO CLOSE IT OFF FROM MAIN AREA) DEEDED PARALLEL NO DOOR DINGS PARKING SPACE TO CONVEY NUMBER 503 ON FIFTH FLOOR FEW STEPS TO ELEVATOR. 2022 and 2023 GROSS RENTAL numbers 80K plus. Current rentals will convey with sale if new owner contracts with current rental manager. LARGE BALCONY with amazing view.... STAINLESS STEEL APPLIANCES.... LARGE flat screen TV's Shores of Panama offers TONS OF AMENITIES to include a 13,966 sq ft million dollar Gulf side, zero entry lagoon style pool and hot tub, heated indoor pool, beautiful new resort entryway

Details

Property type

Condominium

Est. home value

$506,080

Lot size

Unknown

Price per sq ft

$458

Year built

2007

Annual property taxes

$3,541

Monthly HOA fee

$1,241.95

Price History

10/02/2024
CentralPanhandle

CentralPanhandle #750599

Price change
$525,000
-4.55%
09/03/2024
CentralPanhandle

CentralPanhandle #750599

Price change
$550,000
-4.35%
12/22/2023
CentralPanhandle

CentralPanhandle #750599

Listed
$575,000
+10.6%

Schools & Community

Elementary school: 

Breakfast Point

Middle school: 

Surfside

High school: 

Arnold

Community features: 

Pool, Fitness Center

Number of units in community: 

709

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

Renasant Bank

Loan start date

April 2022

Original loan amount

$389,925

Est. remaining balance

Not provided

Interest rate

4.25%

Loan type

New Conventional, 30 year

Seller

Jared Smallwood and Denise Smallwood

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 2:15 AM

Listing updated: 12/02/2024 at 11:20 AM

Listed by: Sassy French, Keller Williams Success Realty Phone #: (850) 249-0313

MLS: CentralPanhandle #750599

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