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Back C142/5717 Thomas Drive
Off Market

C142/5717 Thomas Drive

Lower Grand Lagoon FL 32408

1
2
730 sq. ft.
Condo
Last sold for $220,000
Mike HerringMike Herring, last sold this property on 27 June 2025 after 27 days on market.

Overview

UNDER CONTRACT WITH CONTINGENCIES; SELLER ACCEPTING BACKUP OFFERS. PERFECT FLIP SCENARIO: 1.) Assume loan or $159,000 (may be lower by closing date). 2.) Cash or financing for difference between loan amount and purchase price. 3.) Remodel the condo (materials already purchased, listed below). 4.) Put the property back on the market at today's remodeled market price of $340,000 - $350,000 5.) PROFIT, PROFIT, PROFIT Gulf view from balcony. Here are the materials that have already been purchased and paid for by the seller: - Cabinets and appliances and custom plantation shutters -Sheetrock and sheetrock mud to complete covering of open areas in the ceiling bedroom and full bathroom on main entrance level. -42 inch complete fiberglass shower unit (pan was with rest of unit outside of box). -toilet for full bathroom lower level (not damaged). -mirrored door to be reattached to maintenance closet bedroom. -ring box for doorbell under sink in bathroom adjacent to bedroom. Not activated at this time but ring doorbell has been mounted on entrance door. -plywood to cover the main level bathroom floor only. -gray paint in 2 - 5-gallon buckets (Sherman Williams - big chill is color gray paint). Enough to paint entire unit. -new pocket door for new bathroom on main level is on top floor out of way for structure repair. louvered door for laundry is in storage unit.** **A louvered door that goes on the washer/dryer closet in bedroom is located inside unit 142 storage unit outside bedroom entrance. The door will require a new door frame; the actual door should be fine as stored in dry space. Teak high bar seat (goes outside 3rd floor bedroom door. Gray wicker chair with side table goes on top floor balcony. There is furniture in a storage unit that can be purchased separately via cashier's check to seller at closing. *Furniture inventory can be confirmed once under contract. Storage unit on 3rd flood is deeded to C142.

Features

1 bedroom
2 bathrooms
730 sq. ft. floor area
Condo

Estimated Value

Based on this property and similar 1 bedroom condos sold in Lower Grand Lagoon over the last 12 months, the estimated median property value of C142/5717 Thomas Drive is $286k.

Median value
$286k
Estimated value range
$100k - $420k
Median days on market
92
Estimated value trend
-8%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Lower Grand Lagoon. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for C142/5717 Thomas Drive

2025
Sold
$220,000
27 Jun 2025 by Mike Herring, of Keller Williams Realty SRB

Happy sellers in Lower Grand Lagoon

89%
89% of sellers in Lower Grand Lagoon reported that their sale price either exceeded or met their price expectations.

Lower Grand Lagoon stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 19 reviews in Lower Grand Lagoon over the last 12 months.

Local market activity for 1 bedroom condos in Lower Grand Lagoon

In the last 12 months, 141 one-bedroom condos similar to C142/5717 Thomas Drive, have been sold.

This represents a 4% increase in one-bedroom condos sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Lower Grand Lagoon

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Zack Seltzer

Zack Seltzer is an award winning recommended agent for Lower Grand Lagoon.  They have 28 local sales and collected 10 local reviews across the last 12 months.

  •   5   (68 reviews)
  •  10 Reviews in Lower Grand Lagoon
  •  28 Sales in Lower Grand Lagoon
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Alice de La Penha

Alice de La Penha is an award winning recommended agent for Lower Grand Lagoon.  They have 20 local sales and collected 7 local reviews across the last 12 months.

  •   5   (144 reviews)
  •  7 Reviews in Lower Grand Lagoon
  •  20 Sales in Lower Grand Lagoon
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Sean Casilli

Sean Casilli is a recommended agent for Lower Grand Lagoon.  They have collected 6 local reviews across the last 12 months.

  •   5   (21 reviews)
  •  6 Reviews in Lower Grand Lagoon
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Tyler S Smith

Sellers who recommend Tyler S Smith have praised them for being clear communication, responsive, local expert, great negotiation, detail-oriented, proactive, and friendly

  •   5   (64 reviews)
  •  6 Reviews in Lower Grand Lagoon
  •  6 Sales in Lower Grand Lagoon
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