tomo logo

$475,000

Beds
2
Baths
3.0
sq ft
1,148

9900 S Thomas Dr Unit 1504, Panama City, FL 32408

9900 S Thomas Dr Unit 1504

Panama City Beach, FL 32408

  • 1 day on market
Beachfront updated condo turn key ready for your stay or rentals. Recent paint, furniture, bathroom fixtures and lighting throughout. Two bedroom suites - one with a king bed, one with a queen bed with private bathrooms. Hall bunkroom with third bathroom. Living room features a queen sofa sleeper. Condo sold fully furnished with confirmed future bookings. Balcony with amazing views of beach. Resort features lagoon style pool, jacuzzi, heated indoor pool, tiki bar and grill, fitness center, and grilling area. Conveniently located to restaurants and shopping. Reserved parking space available for an additional fee.

Details

Property type

Condominium

Est. home value

$493,758

Lot size

Unknown

Price per sq ft

$414

Year built

2007

Annual property taxes

$4,855

Monthly HOA fee

$1,393.33

Price History

10/17/2024
CentralPanhandle

CentralPanhandle #763966

Listed
$475,000
+1.28%
03/29/2023
CentralPanhandle

CentralPanhandle #732963

Sold
$469,000
+21.82%
05/28/2021
CentralPanhandle

CentralPanhandle #711315

Sold
$385,000
+40%

Schools & Community

Elementary school: 

Hutchison Beach

Middle school: 

Surfside

High school: 

Arnold

Community features: 

Gated

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

$91,684
Asking price
$475,000
Closing costs (~8% of asking)
-$38,000
Est. remaining loan balance
-$345,316
Cash to seller
$91,684

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

Seller’s Loan History

Lender

The Jacksboro National Bank

Loan start date

March 2023

Original loan amount

$351,750

Est. remaining balance

$345,316

Interest rate

6.12%

Loan type

New Conventional, 30 year

Seller

Brown Str 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?

Status: Active

Tomo last checked: 10/18/2024 at 8:40 PM

Listing updated: 10/17/2024 at 6:49 PM

Listed by: Jason Saphire, HomeZu.com of Florida Phone #: (877) 249-5478

MLS: CentralPanhandle #763966

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