tomo logo

$369,900

Beds
1
Baths
2.0
sq ft
864

9900 S Thomas Dr Unit 2008, Panama City, FL 32408

9900 S Thomas Dr Unit 2008

Panama City, FL 32408

  • 136 days on market
    • Price drop $5,000↓
PRICE IMPROVEMENT PLUS PRICE INCLUDES Seller paying the upcoming assessment of up to $11,038! Stunning Gulf front Condo! GREAT INVESTMENT OPPORTUNITY! Enjoy amazing views from this tastefully remodeled 1BR+Bunk, 2BA condo. This unit comfortably sleeps 6, is being offered fully furnished, and rental ready. Notice the details! The master bedroom has beautiful, upgraded furniture and mattress; the bunkroom has custom bunkbeds, a custom barn door, and a full wall mural. The furniture and decor are perfect for this beachfront home or rental, full of upgraded kitchen amenities. Note! This condo has a separate rental storage unit on the same floor, with shelving included, that is available for new owner to take over for only $20/mo. paid to COA. 2024 has been paid in full.The Shores of Panama has an excellent location on Panama City Beach and is within walking distance to many area restaurants and entertainment venues. Shores of Panama is a very popular gulf front vacation resort in Panama City Beach! Amenities include: 14,000+ sq ft outdoor pool and hot tub, heated indoor pool and hot tub, sauna, 2 pool front tiki bars, coffee & donut shop, fitness center, across from Super Walmart, next door to Waffle House, and the famous Pineapple Willys! All info must be verified by Buyers if important.* Important Note: An upcoming assessment is being voted on 9/6/24 to meet state requirements regarding the exterior building project. The assessment for this ''A'' type unit is expected to be $11,038. to be paid in 8 qty. payments beginning Jan. 2025.

Details

Property type

Condominium

Est. home value

$370,058

Lot size

Unknown

Price per sq ft

$429

Year built

2007

Annual property taxes

$3,808

Monthly HOA fee

$1,100.99

Price History

08/17/2024
CentralPanhandle

CentralPanhandle #756708

Price change
$369,900
-1.33%
05/13/2024
CentralPanhandle

CentralPanhandle #756708

Price change
$374,900
-1.06%
05/06/2024
CentralPanhandle

CentralPanhandle #756708

Listed
$378,900

Schools & Community

Elementary school: 

Breakfast Point

Middle school: 

Breakfast Point

High school: 

Arnold

Number of units in community: 

730

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

$190,228
Asking price
$369,900
Closing costs (~8% of asking)
-$29,592
Est. remaining loan balance
-$150,080
Cash to seller
$190,228

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

April 2021

Original loan amount

$187,125

Est. remaining balance

$150,080

Interest rate

2.34%

Loan type

New Conventional, 15 year

Seller

Melissa A Camp and H Stephen Camp

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: 09/19/2024 at 6:25 PM

Listing updated: 09/01/2024 at 1:59 PM

Listed by: Carla D Singleton, Ohana Real Estate Services Phone #: (850) 890-8457

MLS: CentralPanhandle #756708

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