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$440,000

Beds
2
Baths
2.5
sq ft
1,066

9900 S Thomas Dr Unit 1918, Panama City, FL 32408

9900 S Thomas Dr Unit 1918

Panama City Beach, FL 32408

  • 294 days on market
    • Price drop $15,900↓
MASSIVE PRICE DROP! Welcome to an incredible opportunity at the popular Shores of Panama condo complex! This stunning 2-bedroom, 2.5-bath condo offers 1066 square feet of coastal living at its finest. Revel in the Gulf views and breathtaking sunsets from your large private balcony, now complete with new outdoor furniture. Step inside and discover the turn-key investment you've been searching for. The kitchen and all bathroom cabinets have been resurfaced, and a new washer/dryer set has been installed for your convenience. Enjoy leisurely days by the pool or grab a drink at the on-site bar and restaurant. The prime location of this condo means you are a short distance from restaurants, shops, grocery stores and local highlights, making it easy to enjoy everything Panama City Beach has to offer. Don't miss out on this property, featuring a recent price drop--it won't last long! Schedule your viewing today and make this spectacular Gulf-view condo yours!

Details

Property type

Condominium

Est. home value

$520,920

Lot size

Unknown

Price per sq ft

$413

Year built

2007

Annual property taxes

$3,733

Monthly HOA fee

$1,142

Price History

09/09/2024
CentralPanhandle

CentralPanhandle #749821

Price change
$440,000
-3.49%
09/09/2024
CentralPanhandle

CentralPanhandle #749821

Price change
$455,900
-1.08%
08/31/2024
CentralPanhandle

CentralPanhandle #749821

Listed
$460,900

Schools & Community

Elementary school: 

Breakfast Point

Middle school: 

Breakfast Point

High school: 

Arnold

Community features: 

Pool, Fitness Center

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

$148,423
Asking price
$440,000
Closing costs (~8% of asking)
-$35,200
Est. remaining loan balance
-$256,377
Cash to seller
$148,423

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

Seller’s Loan History

Lender

Crosscountry Mortgage Llc

Loan start date

May 2021

Original loan amount

$276,000

Est. remaining balance

$256,377

Interest rate

3.09%

Loan type

New Conventional, 30 year

Seller

Howard David Dodson and Simona Dodson

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: 09/20/2024 at 8:10 PM

Listing updated: 09/09/2024 at 2:49 PM

Listed by: Marcy L O'Donnell, Luxe Coastal Realty Group LLC Phone #: (848) 220-5555

MLS: CentralPanhandle #749821

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