tomo logo

$280,000

Beds
1
Baths
2.0
sq ft
1,047

9902 S Thomas Dr Unit 1237, Panama City, FL 32408

9902 S Thomas Dr Unit 1237

Panama City Beach, FL 32408

  • 219 days on market
    • Price drop $19,000↓
SELLER MOTIVATED TO SELL Discover your next investment opportunity in this beautifully updated 1-bedroom, 2-bath PLUS BUNK ROOM condo located on the 12th floor of Laketown Wharf. This stunning unit boasts breathtaking ocean views from the master bedroom and picturesque lake views from the private balcony. Enjoy a vibrant lifestyle with access to multiple pools and restaurants, bars, shopping areas, and private beach access just steps away. With Pineapple Willy's right across the street, fun and relaxation are always within reach.The condo features modern updates including new lighting, fresh paint, and upgraded flooring, making it a perfect blend of comfort and style. The seller is highly motivated and reprice it for a quick sale, ensuring this gem won't be on the market for long. Don't miss your chance to own this slice of paradise!

Details

Property type

Condominium

Est. home value

$340,794

Lot size

Unknown

Price per sq ft

$268

Year built

2007

Annual property taxes

$2,991

Monthly HOA fee

$507.22

Price History

03/08/2025
CentralPanhandle

CentralPanhandle #761779

Price change
$280,000
-12.47%
08/24/2024
CentralPanhandle

CentralPanhandle #743971

Removed
$319,900
+6.99%
08/24/2024
CentralPanhandle

CentralPanhandle #761779

Listed
$299,000
-6.53%

Schools & Community

Elementary school: 

Breakfast Point

Middle school: 

Breakfast Point

High school: 

Arnold

Community features: 

Pool, Fitness Center, Golf, Playground, Sidewalks, Tennis Court(s)

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

$179,844
Asking price
$280,000
Closing costs (~8% of asking)
-$22,400
Est. remaining loan balance
-$77,756
Cash to seller
$179,844

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

December 2020

Original loan amount

$101,000

Est. remaining balance

$77,756

Interest rate

2.35%

Loan type

New Conventional, 16 year

Seller

Kevin Nguyen and Tuyet Van Thi Nguyen

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: 04/01/2025 at 6:00 AM

Listing updated: 03/08/2025 at 7:59 PM

Listed by: Mowayne Copeland, Keller Williams Success Realty Phone #: (850) 249-0313

MLS: CentralPanhandle #761779

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