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$419,000

Beds
2
Baths
3.0
sq ft
1,184

9900 S Thomas Dr Unit 1921, Panama City, FL 32408

9900 S Thomas Dr Unit 1921

Panama City, FL 32408

  • 60 days on market
    • Price drop $20,000↓
Private parking spot with the deed! A 2bed/3 bath and bunk room allows you to comfortably sleep 6-8 people. $25K worth of renovations in this condo in the last couple of years: every wall painted, all new matching LVP flooring throughout, new hide-a-bed sofa, artwork, mattresses, blinds and curtains, new refrigerator, washer and dryer, and water heater. Two Master bedrooms, each with a bathroom, and a full bath for the bunk room as well. Shores of Panama boasts the largest lagoon-style pool in the area, complete with hot tub, tiki-bar and snack shop. Located within walking distance to multiple restaurants, and Walmart across the street, and the beach just steps away, Shores of Panama is not just a luxurious getaway, but also a savvy investment.

Details

Property type

Condominium

Est. home value

$495,167

Lot size

Unknown

Price per sq ft

$354

Year built

2007

Annual property taxes

$4,871

Monthly HOA fee

$1,263.74

Price History

10/24/2024
CentralPanhandle

CentralPanhandle #764169

Price change
$419,000
-4.56%
09/25/2024
CentralPanhandle

CentralPanhandle #764169

Listed
$439,000

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

$171,964
Asking price
$419,000
Closing costs (~8% of asking)
-$33,520
Est. remaining loan balance
-$213,516
Cash to seller
$171,964

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

Seller’s Loan History

Lender

Renasant Bank

Loan start date

August 2021

Original loan amount

$264,960

Est. remaining balance

$213,516

Interest rate

2.24%

Loan type

New Conventional, 15 year

Seller

Sabharipriya Arumugam and Meiyappan Kalidass

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: 12/22/2024 at 7:25 PM

Listing updated: 12/13/2024 at 6:29 PM

Listed by: Laurie W McKay, Coastal Living Realty & Associates Phone #: (404) 401-2444

MLS: CentralPanhandle #764169

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