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8730 Thomas Drive
Panama City Beach, FL 32408
$400,000
Conventional
Property
Bedroom
3
Bathroom
3
Property Type
Conventional
Square ft
1322
Property Description
Welcome to your own piece of paradise at St. Thomas Square - Unit 409! This unit is a great investment projected to gross over 50K with plenty of rentals already on the books for 2024 and no special assessments have been assessed! This spacious residence, spanning 1,322 sqft, boasts three bedrooms and three bathrooms, providing the perfect blend of luxury and coastal living. Wake up to panoramic views of St Andrews Bay from your private balcony, offering a front-row seat to spectacular sunsets. Immerse yourself in contemporary elegance with high-end finishes, sleek flooring, and an open-concept layout that maximizes space and natural light. The well-appointed kitchen features newer appliances, and ample cabinet space. Retreat to the spacious master suite with Grand Lagoon views, a luxurious en-suite bathroom, and a walk-in closet. Enjoy resort-style living with exclusive access to amenities such as a sparkling pool, private boat dock, tennis courts, shuffle board, fire pit, community grills, and direct beach access just steps away. Conveniently located near renowned dining, entertainment, and shopping destinations, this residence offers the perfect balance of tranquility and accessibility. Whether you're seeking a permanent residence, a vacation getaway, or an investment property with high rental potential, this home ticks all the boxes. Don't miss out on the chance to make this beachfront haven your own. Schedule a viewing today and experience the epitome of coastal living in Panama City Beach!
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
1984
MLS Number
751373
Location
Address
8730 Thomas Drive
City
Panama City Beach
State
FL
Zip Code
32408
County
BAY (WEST)
Listing
Provider
Real Broker LLC, original listing
Name
Real Broker LLC
Phone
(863) 206-5755
Office Name
Real Broker LLC
Office Phone
(855) 450-0442
Agent Name
Heather Curry

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Foreclosure Listings Increasing

HUD Foreclosures

HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest. The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered. VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

Free Foreclosure Listings

USHUD.com is a website that simplifies the process of finding foreclosures and HUD properties. Everyone thinks they are a real estate web surfing pro until they search for foreclosure homes and stumble upon a numerous sites that want to charge a fee to see their listings. With USHUD.com that’s not the case. When searching for HUD properties or a home finding website for foreclosure it is important to know what you are looking for. It is important to use a niche company that specializes in foreclosures like USHUD.com. We have put together 2 tools that have made the real estate search process of our website much easier to navigate. The Homesearch online tool is filled with foreclosure lists and free listings of hud homes for sale. Most of our users start with a broad search with the homesearch online tool to see the most HUD properties and foreclosure lists in your area and narrow their search down with the Homefinder online tool. The homefinder online tool is a custom filter system that we breakdown the area based upon filters such as convention and foreclosure listings. This give you the option to filter out conventional listings and focus on just the foreclosures in the market. We thank you for making us Americas top home finding website for foreclosure and Hud properties. Free listings of hud homes for sale are hard to come by but should always be free and that’s the way things are going to stay on our website.

Foreclosure Listings Increasing

As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale. This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments. Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.