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$349,900

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

  • 32 days on market
Stunning Gulf front Condo! GREAT INVESTMENT OPPORTUNITY! Enjoy amazing views from this tastefully remodeled 1BR+Bunk, 2BA Rental Ready Condo. This unit comfortably sleeps 6, is being offered fully furnished. It's all in the details! You'll enjoy new appliances, beautiful upgraded furniture and mattress in the master bedroom; and in the bunk room is a custom bunkbed, a full beach themed wall mural, and a custom barn door for privacy. The furniture and decor are perfect for this beachfront home or rental, also full of upgraded small kitchen appliances and 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.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.Shores of Panama resort has added a temporary assessment to all condos for two years in order to complete the state requirements regarding the exterior building project. This assessment will be paid out in 8 quarters, in the amount of $1155, beginning Jan. 2025.

Details

Property type

Condominium

Est. home value

$370,058

Lot size

Unknown

Price per sq ft

$405

Year built

2007

Monthly HOA fee

$1,100.99

Price History

11/19/2024
CentralPanhandle

CentralPanhandle #765261

Listed
$349,900
-5.41%
11/07/2024
CentralPanhandle

CentralPanhandle #756708

Removed
$369,900
08/17/2024
CentralPanhandle

CentralPanhandle #756708

Price change
$369,900
-1.33%

Schools & Community

Elementary school: 

Breakfast Point

Middle school: 

Breakfast Point

High school: 

Arnold

Number of units in community: 

720

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

$174,657
Asking price
$349,900
Closing costs (~8% of asking)
-$27,992
Est. remaining loan balance
-$147,251
Cash to seller
$174,657

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

$147,251

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?

Status: Active

Tomo last checked: 12/22/2024 at 2:30 PM

Listing updated: 11/20/2024 at 12:50 PM

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

MLS: CentralPanhandle #765261

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