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$275,000

Beds
Unknown
Baths
1.0
sq ft
425

10509 Front Beach Rd Unit 500E, Panama City Beach, FL 32407

10509 Front Beach Rd Unit 500E

Panama City Beach, FL 32407

  • 286 days on market
    • Price drop $24,000↓
Gulf front unit located on the 5th floor of tower 1! Not only will you have gulf views but you will also have a view of the gorgeous lagoon style pool! Long Beach showcases 2 other pools, 3 spas, The Hangout bar & grill poolside, 24 hour security plus it is in a gated complex. This is one of the most desirable complexes on the beach due to the location and it's reputation of great rental income potential. You will be within walking distance to shops, restaurants, bars and local attractions! This studio is an end unit and fully furnished!

Details

Property type

Condominium

Est. home value

$315,154

Lot size

Unknown

Price per sq ft

$648

Year built

1997

Annual property taxes

$2,276

Monthly HOA fee

$623.22

Price History

09/09/2024
CentralPanhandle

CentralPanhandle #754376

Price change
$275,000
-8.03%
05/06/2024
CentralPanhandle

CentralPanhandle #754376

Price change
$299,000
-5.08%
04/25/2024
CentralPanhandle

CentralPanhandle #754376

Price change
$315,000
-3.08%

Schools & Community

Elementary school: 

Hutchison Beach

Middle school: 

Surfside

High school: 

Arnold

Community features: 

Pool, Gated

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Wells Fargo Bank Na

Loan start date

September 2005

Original loan amount

$200,000

Est. remaining balance

Not provided

Interest rate

5.82%

Loan type

Fannie Mae/Freddie Mac, 30 year

Seller

Ray Thompson and Rhonda Cowart

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: 12/28/2024 at 12:25 PM

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

Listed by: Justin Cater, EXP Realty LLC Phone #: (888) 883-8509

MLS: CentralPanhandle #754376

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