$93,000
Panama City, FL 32408
MLS# 507056
Status: Sold
1 beds | 1 baths | 622 sqft
1 / 14
Property Description
FORECLOSURE!!! Great oppotunity to own a charming gulf front one bedroom 1 bath Condo on the beautiful Gulf of Mexico. This property is eligible under the Freddie Mac First Look Initiative through 06/20/2012. During the first 15 days a home is listed for sale in the MLS, only offers from owner-occupants, public entities or their designated partners will be considered. Offers from investors may be submitted, but they will not be considered until after the initial 15 days of the listing. Seller will offer an allowance up to $500 to owner-occupant buyers towards the buyer's purchase of a home warranty of their choice. IN ADDITION to normal Buyer closing costs, Buyer pays Doc Stamps on the Deed, closing fee of $250 and electronic recording fee of $4.50. If asking for closing cost
Details
Maps
Contract Info
Status: Sold
List Date: 2012-06-06
List Price: $95,500
List Price/SqFt: 153.54
Current Price: $93,000
Location
Area: 03 - Bay County - Beach
Street #: 6205
Street Name: Thomas
Street Suffix: Drive
Unit #: B7
State: FL
Zip Code: 32408
County: Bay
Sub Area: 0323 - Beach - South of Grand Lagoon
Subdivision: Nautical Watch I
Waterfront: Yes
Parcel ID: 30585-922-000
Elementary School: Patronis
Middle School: Surfside
High School: Arnold
Directions: From Hathaway Bridge to Thomas Dr. Condo complex is on the beachside of Thomas Dr.
Legal Description: Nautical Watch I Unit 7, BLDG BORB 2010 P 1049, Unit 1BR 1B 622 H&C.
General Property Info
Sub-Type: Condominium
Design: Low-Rise (1-3 floors)
Apx SqFt(Htd/Cooled): 622
SqFt Source: Prop App Site
Bedrooms: 1
Full Baths: 1
Total Baths: 1
Year Built: 1983
Immediate Occupancy: Yes
Construction Status: Construction Complete
Assigned Spaces: 1
Lot Dimensions: 0X0
Status Change Info
Under Contract Date: 2012-06-14
Sold Date: 2012-07-13
Sold Price: $93,000
Sold Price/SqFt: 149.52
Property Features
Appliances: Water Heater - Electric
Assumable Mtg Typ: Other-See Remarks
Full Bathroom: First
Master Bedroom: First
Cooling: Central Air; Electric
Heating: Central; Electric
Exterior: Balcony
Association Fees Include: Accounting; TV Cable; Insurance; Ground Keeping; Pest Control; Pool; Sewer; Trash Disposal; Water
Financing: Cash; Conventional
Kitchen: First
Lot Features: Waterfront
Lot Access: City Street
Balcony: First
Dining Room: First
Laundry: First
Pool Features: Inground
Parking Features: Assigned
Association Amenities: Dumpster; Pool; Other - See Remarks
Rooms: Balcony; Dining Room; Full Bathroom; Kitchen; Laundry; Master Bedroom
Sale Type: As Is; REO
Utilities: All Utilities; Public Sewer - Connected; Water Connected
Waterfront Type: Gulf
Waterview: Gulf
Present Zoning: Resid Multi-Family
Supplements
assistance the maximum they will consider is 3% of the purchase price for owner occupants with financing or 1% of the purchase price for owner-occupied cash sales. Investor sales are not eligible for buyer closing cost assistance. Closing cost assistance cannot go towards transfer taxes (doc stamps on the deed, doc stamps on the mortgage, intangible tax on the note). EMD must be in the form of a cashier check or money order. Please send prequalification letter from lender with type of financing & LTV, or, if all cash, proof of funds letter from bank. Freddie Mac does not complete mold or problem drywall remediation or provide any type of clearance or certification to the buyer.
Room Information
| Room Name | Level | Dimensions | Length | Width | Dimensions | Remarks |
| Dining Room | First | 15 x 10 | 15.00 | 10.00 | 15 x 10 | Dining/Living Combo |
| Kitchen | First | 12 x 7 | 12.00 | 7.00 | 12 x 7 | |
| Master Bedroom | First | 13 x 11 | 13.00 | 11.00 | 13 x 11 | |
| Full Bathroom | First | 8 x 5 | 8.00 | 5.00 | 8 x 5 | |
| Laundry | First | 3 x 3 | 3.00 | 3.00 | 3 x 3 | |
| Balcony | First | 15 x 7 | 15.00 | 7.00 | 15 x 7 |
Listing Office: Overstreet Realty
Last Updated: December - 18 - 2024
Information deemed reliable but not guaranteed.