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$377,500

Beds
1
Baths
2.0
sq ft
907

9900 S Thomas Dr Unit 2311, Panama City, FL 32408

9900 S Thomas Dr Unit 2311

Panama City Beach, FL 32408

  • 138 days on market
    • Price drop $400↓
Enjoy Majestic views from this Penthouse level money machine! All CARPET has been removed the condo has LVP flooring. This condo sleeps like a true two bedroom with the bunk room being closed off for privacy. Dependable earner for the last 8 years with the same awesome rental manager who keeps this unit occupied! This well appointed condo has a gulf front master with a private bath an amazing beach views while the front bedroom also has a complete full bath and bunks. This condo will easily sleep 6 guests when you add in the pull out sofa. This condo is well managed and pays for itself year in and year out, current management fee is only 17%! The condo features LVP flooring throughout (no carpet) with both the HVAC and water heater being replaced in 2018. This turn key condo is being sold completely furnished. If you are not familiar with the resort this units ''C'' plan is the most popular in the resort, and features a oversized balcony that spans the entire length of the condo and offers million-dollar views of the Gulf! The resort features one of the largest resort pools in the area with it's own bar and grill ,a heated indoor pool , fitness center and there's even an Ice Cream shop! The covered parking garage has ample parking for owners and guests and the resort is located just steps to over nine dining options and a short ten minute walk to Wonderworks or Ripley's! Your HOA fees cover all but the electric and the seller has paid the assessment in full.

Details

Property type

Condominium

Est. home value

$407,077

Lot size

Unknown

Price per sq ft

$417

Year built

2007

Annual property taxes

$3,855

Monthly HOA fee

$952.64

Price History

12/19/2024
CentralPanhandle

CentralPanhandle #760988

Price change
$377,500
-0.11%
12/09/2024
CentralPanhandle

CentralPanhandle #760988

Listed
$377,900
12/05/2024
CentralPanhandle

CentralPanhandle #760988

Removed
$377,900

Schools & Community

Elementary school: 

Patronis

Middle school: 

Surfside

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

$213,810
Asking price
$377,500
Closing costs (~8% of asking)
-$30,200
Est. remaining loan balance
-$133,490
Cash to seller
$213,810

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

September 2019

Original loan amount

$149,100

Est. remaining balance

$133,490

Interest rate

3.75%

Loan type

New Conventional, 30 year

Seller

Mark Campbell

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 9:05 PM

Listing updated: 12/19/2024 at 10:20 AM

Listed by: Scott Stanford, Coastal Living Realty & Associates Phone #: (404) 401-2444

MLS: CentralPanhandle #760988

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