Villa 314 in St Thomas Square in Panama City Beach, Fl 32408 sold for $148/sq ft for a total of $148,000 and closed on 6/10/16. This is the highest sale per square foot for a villa in this complex since 2008 when this same unit sold for the same amount. You must go back ten years to 2006 to find a higher sold price per square foot when Villa 410 sold for $227.64/sq ft.
This sale comes in second for the highest dollar amount paid for a villa in the last ten years as well. It came within $1500 of first place, which was a 1322 square foot unit that sold for $149,500. That unit was 30% larger and sold at $113.09/sq ft which is a price 30% less per square foot than Villa 314.
Villa 314 needed upgrading. Built in 1985, all kitchen and bathroom cabinets and counter tops were original. Appliances were dated and the carpet's remaining life is limited.
I marketed and coordinated the sale of Villa 314. Last week on 6/3/16 Plaza unit 1301A sold and closed. It sold in 25 days.
Villa inventory is always limited. There is only one lagoon front villa offered for sale now which is a 1BR 1BA condo. See all available units at St Thomas Square.
Interested in this unique complex? Call me at 850-329-5910 to find out more.
Want to sell your St Thomas Square condo? I live there and literally watch the market! It's getting hot. Call me at 850-329-5910 and I will evaluate and diagnose your condo for a customized plan to sell your condo quickly as possible and for the most money.
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