tomo logo

$399,000

Beds
1
Baths
2.0
sq ft
864

9900 S Thomas Dr Unit 809, Panama City, FL 32408

9900 S Thomas Dr Unit 809

Panama City, FL 32408

  • 29 days on market
Beachfront updated one bedroom plus bunk room condo with parking space steps from front door. Ready for immediate use or rentals. Completely furnished with new furnishings, lvp flooring, recent paint, new lighting and bath hardware throughout. Wonderful views of ocean and resort amenities from balcony and living and kitchen area. Master bedroom features king sized bed and private bathroom with tub/shower combination. Bunk room has two twin beds with private bathroom with shower. Queen sized murphy cabinet in living room to sleep 6 in unit. Good rental history. Shores of Panama has a lagoon style pool and hot tub, tiki bar, heated indoor pool, gym, grills, gated beach access. Conveniently located to restaurants and shopping. A must see!

Details

Property type

Condominium

Est. home value

$356,518

Lot size

Unknown

Price per sq ft

$462

Year built

2007

Annual property taxes

$3,668

Monthly HOA fee

$1,048.67

Price History

10/24/2024
CentralPanhandle

CentralPanhandle #764189

Listed
$399,000
+12.3%
02/16/2023
CentralPanhandle

CentralPanhandle #729036

Sold
$355,300

Schools & Community

Elementary school: 

Breakfast Point

Middle school: 

Surfside

High school: 

Arnold

Community features: 

Pool, Fitness Center

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

$106,248
Asking price
$399,000
Closing costs (~8% of asking)
-$31,920
Est. remaining loan balance
-$260,832
Cash to seller
$106,248

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

Seller’s Loan History

Lender

The Jacksboro National Bank

Loan start date

February 2023

Original loan amount

$266,250

Est. remaining balance

$260,832

Interest rate

6.42%

Loan type

New Conventional, 30 year

Seller

Brown Str Llc

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: 11/22/2024 at 7:25 PM

Listing updated: 10/24/2024 at 9:50 AM

Listed by: Cliff Glansen, FLATFEE.COM Phone #: (954) 965-3990

MLS: CentralPanhandle #764189

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