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$399,900

Beds
2
Baths
2.0
sq ft
907

9900 S Thomas Dr Unit 517, Panama City, FL 32408

9900 S Thomas Dr Unit 517

Panama City Beach, FL 32408

  • 300 days on market
    • Price drop $100↓
Absolutely the BEST pool and GULF views! DEEDED parking spot on the same level can be purchased for an additional $35k! This unit has been well cared for by the first and only owners who are self-managing as a short term vacation rental with a long list of returning customers. The primary bedroom on the GULF SIDE of the unit features gulf views from the bedroom window and direct straight balcony views of the pool and turquoise waters of the Gulf of Mexico in Panama City Beach, Florida! Shores of Panama 517 is a 1 Bedroom plus a private bunk room with door, 2 Bathrooms with laundry that conveys fully furnished and rental-ready. Tastefully decorated, this ''C'' floor plan has tile and wood flooring and new appliances plus a deeded parking spot on the same floor, which is a VERY short distance from your front door.Shores of Panama Resort Condominiums are world-renowned for their massive resort-style lagoon pool complete with hot tub and Tiki bars. Other amenities include an indoor heated pool, spa, fitness center, sauna, steam room, and in-resort shopping. All information and HOA Fees are deemed correct, buyers should verify if they are important.

Details

Property type

Condominium

Est. home value

$431,146

Lot size

Unknown

Price per sq ft

$441

Year built

2007

Annual property taxes

$2,976

Monthly HOA fee

$952.64

Price History

04/26/2024
CentralPanhandle

CentralPanhandle #749178

Price change
$399,900
-0.03%
11/12/2023
CentralPanhandle

CentralPanhandle #749178

Listed
$400,000

Schools & Community

Elementary school: 

Breakfast Point

Middle school: 

Breakfast Point

High school: 

Arnold

Community features: 

Pool, Fitness Center, Park

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

$185,389
Asking price
$399,900
Closing costs (~8% of asking)
-$31,992
Est. remaining loan balance
-$182,519
Cash to seller
$185,389

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

Seller’s Loan History

Lender

Suntrust Mortgage Inc

Loan start date

July 2011

Original loan amount

$253,250

Est. remaining balance

$182,519

Interest rate

4.55%

Loan type

New Conventional, 30 year

Seller

Wayne N Willis and Rose M Willis

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: 09/07/2024 at 5:15 PM

Listing updated: 09/01/2024 at 3:09 PM

Listed by: Sean P Casilli, Coldwell Banker Realty Phone #: (850) 234-6696

MLS: CentralPanhandle #749178

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