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$659,000

Beds
3
Baths
2.0
sq ft
1,248

105 5th St, Panama City Beach, FL 32413

105 5th St

Panama City Beach, FL 32413

  • 115 days on market
    • Price drop $36,000↓
Welcome to your own piece of paradise at 105 5th Street. This charming bungalow exudes Old Florida style and offers beachy vibes just a stone's throw from the gulf. With 3 bedrooms and 2 bathrooms spread across 1248 square feet, the interior boasts an updated kitchen and master bath creating a seamless blend of classic and modern beach house aesthetics. The kitchen features a breakfast bar, pantry, and new appliances including a dishwasher, stove, and refrigerator. Step outside onto the deck and breathe in the salty sea air with views of the gulf and take a short stroll to the deeded beach access for a day of sun and surf.

Details

Property type

Single Family Residence

Est. home value

$695,335

Lot size

4,356 sq ft

Price per sq ft

$529

Year built

1979

Annual property taxes

$6,324

HOA

No

Price History

09/04/2024
CentralPanhandle

CentralPanhandle #758417

Price change
$659,000
-5.18%
07/02/2024
CentralPanhandle

CentralPanhandle #758417

Price change
$695,000
-3.47%
06/10/2024
CentralPanhandle

CentralPanhandle #758417

Listed
$720,000
+44%

Schools & Community

Elementary school: 

West Bay

Middle school: 

Surfside

High school: 

Arnold

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

$160,718
Asking price
$659,000
Closing costs (~8% of asking)
-$52,720
Est. remaining loan balance
-$445,562
Cash to seller
$160,718

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

Seller’s Loan History

Lender

Guaranteed Rate Affinity Llc

Loan start date

November 2021

Original loan amount

$475,000

Est. remaining balance

$445,562

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

Hannah G Alford

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?

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Status: Active

Tomo last checked: 10/04/2024 at 11:00 PM

Listing updated: 09/26/2024 at 11:09 PM

Listed by: Josh Jimenez, Compass Phone #: (305) 851-2820

MLS: CentralPanhandle #758417

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