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$215,000

Beds
Unknown
Baths
1.0
sq ft
410

101 Cain Rd Unit B, Panama City Beach, FL 32413

101 Cain Rd Unit B

Panama City Beach, FL 32413

  • 297 days on market
    • Price drop $19,000↓
Don't miss out on this fully furnished, renovated studio in Pirates Cove! Renovation included a new AC, new plumbing & electrical panel. The owner spared no expense by updating the bathroom, kitchen, and flooring throughout the condominium. Short term rentals are allowed, and this building has a very low monthly HOA fee that includes water, sewer, trash, lawn & pool maintenance. Pirates Cove complex has two community pools, a boat launch and dock on Lake Powell! This unit is move in ready so bring your clothes or turn this condo into a vacation rental machine! All information deemed accurate but not guaranteed. Buyer to confirm accuracy and information.

Details

Property type

Condominium

Est. home value

$236,206

Property condition

Updated/Remodeled

Lot size

Unknown

Price per sq ft

$525

Year built

1990

Annual property taxes

$1,292

Monthly HOA fee

$220

Price History

10/03/2023
CentralPanhandle

CentralPanhandle #747399

Listed
$215,000
+109.76%
12/29/2020
CentralPanhandle

CentralPanhandle #700726

Sold
$102,500

Schools & Community

Elementary school: 

West Bay

Middle school: 

Surfside

High school: 

Arnold

Community features: 

Fishing, Pool

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

$131,631
Asking price
$215,000
Closing costs (~8% of asking)
-$17,200
Est. remaining loan balance
-$66,169
Cash to seller
$131,631

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

Seller’s Loan History

Lender

Advance Mortgage & Investment Co Inc

Loan start date

December 2020

Original loan amount

$71,750

Est. remaining balance

$66,169

Interest rate

2.84%

Loan type

New Conventional, 30 year

Seller

Samantha Markowitz

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?

Status: Active

Tomo last checked: 07/27/2024 at 1:40 AM

Listing updated: 03/26/2024 at 10:18 PM

Listed by: Ricky L Ingram, Solis Real Estate of Florida Phone #: (850) 249-2350

MLS: CentralPanhandle #747399

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