tomo logo

$349,000

Beds
2
Baths
2.0
sq ft
1,261

9902 S Thomas Dr Unit 830, Panama City, FL 32408

9902 S Thomas Dr Unit 830

Panama City Beach, FL 32408

  • 210 days on market
    • Price drop $26,000↓
Remarks: **REDUCED** A CLASS UNIT. The moment you walk in you will see how well the unit has been taken care of. Welcome to your paradise! Unit 830 at the spectacular Laketown Wharf Resort. A great rental investment. It's efficient open floor plan and expansive floor to ceiling windows enhances the view. Over $15,000 spent on all upgrades. New HVAC, Hot water heater, New kitchen appliances . New washer/dryer 2022. Beautiful new leather living room furniture (sofa bed with upgrade gel mattress) with a 72' in TV. and with upscale decor. 2 King size beds and bunks. Sleeps up to 8 people. Laketown offers 5 pools, 2 Hot tubs, covered parking garage, private beach access, a fitness center, putting green and a great grilling area. Managed 24 hr security, boardwalk, several restaurants, several shops and a fountain water show at night. There is also a pool side ''Sunshine'' bar/grill. This unit is across the street from Walmart which makes it very accessible. Easy walk to Pineapple Willy's. Private beach access. There are times you will not need to get on the elevator (unless you go to the ground floor). Park on the 6th floor walk over and 2 stairwells steps to the 8th floor to unit and because you are on the 8th floor you only have 2 stairwells to go to the 10th floor pool. This is a great plus when the elevators are busy.**Something great is about to happen to the convention center (on Property). It will be called, ''810''. For year around activities, there will be Bowling and Billiards, Large Tv's, Bar/Food, Ice Cream area, Arcades and so much more. Whether raining or cool weather, it will be open everyday. (to be completed by the end of 2024).

Details

Property type

Condominium

Est. home value

$378,149

Lot size

Unknown

Price per sq ft

$277

Year built

2007

Monthly HOA fee

$927.87

Price History

10/26/2024
CentralPanhandle

CentralPanhandle #756096

Price change
$349,000
-6.93%
10/23/2024
CentralPanhandle

CentralPanhandle #756096

Removed
$375,000
09/21/2024
CentralPanhandle

CentralPanhandle #756096

Price change
$375,000
-5.04%

Schools & Community

Elementary school: 

Breakfast Point

Middle school: 

Breakfast Point

High school: 

Arnold

Community features: 

Pool, Gated, Clubhouse, 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

$195,549
Asking price
$349,000
Closing costs (~8% of asking)
-$27,920
Est. remaining loan balance
-$125,531
Cash to seller
$195,549

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

Seller’s Loan History

Lender

Inlanta Mortgage Inc

Loan start date

September 2019

Original loan amount

$140,000

Est. remaining balance

$125,531

Interest rate

3.6%

Loan type

New Conventional, 30 year

Seller

James R Wood and Christa J Wood

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: 11/19/2024 at 8:15 PM

Listing updated: 10/27/2024 at 11:30 AM

Listed by: Christa J Wood, Saltwater Real Estate of PCB Phone #: (850) 752-5841

MLS: CentralPanhandle #756096

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