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$575,000

Beds
2
Baths
2.5
sq ft
1,102

9900 S Thomas Dr Unit 220, Panama City, FL 32408

9900 S Thomas Dr Unit 220

Panama City Beach, FL 32408

  • <1 day on market
This delightful condo has been well cared for and has many updates. There are 2 bedrooms plus a large cozy bunk room. The double balcony is perfect for enjoying the scenery. This beautiful low floor unit has some of the most beautiful views of the Gulf of Mexico and the beautiful grounds and resort style pool. One of the best perks about this particular unit is the convenient deeded parking spot on the same level as the the condo. Just go through the 24/7 gated security to the second floor and walk right in to your room. Shores of Panama has so many great amenities, you will love the beautiful resort/lagoon style pool, a heated indoor pool, hot tubs, tiki huts serving food and drinks, state of the art fitness center, and so much more. Shores of Panama is conveniently located close to everything Panama City Beach has to offer.

Details

Property type

Condominium

Est. home value

$511,232

Lot size

Unknown

Price per sq ft

$522

Year built

2007

Annual property taxes

$5,132

Monthly HOA fee

$1,004.36

Price History

02/24/2025
CentralPanhandle

CentralPanhandle #769292

Listed
$575,000
+38.55%
07/01/2021
CentralPanhandle

CentralPanhandle #711628

Sold
$415,000

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

$227,491
Asking price
$575,000
Closing costs (~8% of asking)
-$46,000
Est. remaining loan balance
-$301,509
Cash to seller
$227,491

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

Seller’s Loan History

Lender

Fbt Mortgage Llc

Loan start date

June 2021

Original loan amount

$327,200

Est. remaining balance

$301,509

Interest rate

2.94%

Loan type

New Conventional, 30 year

Seller

Keith A Overstreet

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: 02/24/2025 at 7:45 PM

Listing updated: 02/24/2025 at 3:59 PM

Listed by: Michelle Rydeski, Robert Slack, LLC Phone #: (352) 363-6982

MLS: CentralPanhandle #769292

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