tomo logo

$385,000

Beds
1
Baths
2.0
sq ft
951

9900 S Thomas Dr Unit 1630, Panama City, FL 32408

9900 S Thomas Dr Unit 1630

Panama City, FL 32408

  • 13 days on market
Priced to sell! Welcome to Shores of Panama Unit 1630, a haven of comfort and convenience located in the heart of Panama City Beach. This exceptional condo sits at the end cap of the 30-stack, which makes it unique in offering unobstructed, breathtaking Gulf-front views. A spacious layout, bonus bunk room, sleeper sofa, and two full baths provide ample space for relaxation and enjoyment. The condo features trendy coastal furnishings, numerous upgrades, and is fully equipped, which makes for the perfect spot to create lasting memories as well as generating rental income. Living spaces are finished with high-quality LVP flooring and the kitchen is complete with stainless steel appliances, tile backsplash, and a breakfast bar wrapped in marble tile. The guest shower features a glass door and the primary bathroom has an updated vanity. For additional convenience this unit also comes with a deeded parking space. This exceptional condo at Shores of Panama offers the ultimate coastal lifestyle and lucrative investment potential. Enjoy direct access to 500 feet of pristine beachfront, along with a wealth of resort-style amenities designed to delight every guest. Splash into the sprawling lagoon-style pool, unwind in the heated indoor pool or hot tubs, or grab a refreshing drink at one of the two tiki bars. Stay active in the fully-equipped fitness center, or simply relax with a cup of coffee from the on-site coffee shop. Its prime location, right on the sand and next door to the iconic Pineapple Willy's, puts you in the heart of Panama City Beach's vibrant dining and entertainment scene. There is also easy access to shopping at the nearby Walmart. Schedule your viewing today and discover the perfect blend of luxury, convenience, and investment potential at Shores of Panama.

Details

Property type

Condominium

Est. home value

$425,037

Lot size

Unknown

Price per sq ft

$405

Year built

2007

Annual property taxes

$4,158

Monthly HOA fee

$1,000

Price History

09/05/2024
CentralPanhandle

CentralPanhandle #762340

Listed
$385,000
-2.78%
05/10/2024
CentralPanhandle

CentralPanhandle #754006

Sold
$396,000
-0.98%
04/30/2024
CentralPanhandle

CentralPanhandle #754006

Pending
$399,900

Schools & Community

Elementary school: 

Breakfast Point

Middle school: 

Breakfast Point

High school: 

Arnold

Community features: 

Pool

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

$182,477
Asking price
$385,000
Closing costs (~8% of asking)
-$30,800
Est. remaining loan balance
-$171,723
Cash to seller
$182,477

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

Seller’s Loan History

Lender

Everett Financial Inc

Loan start date

December 2020

Original loan amount

$187,500

Est. remaining balance

$171,723

Interest rate

2.8%

Loan type

New Conventional, 30 year

Seller

Scott V Gorman

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: 09/19/2024 at 11:55 AM

Listing updated: 09/05/2024 at 9:59 PM

Listed by: Courtney Pantalena, Coldwell Banker Realty Phone #: (850) 650-4563

MLS: CentralPanhandle #762340

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