tomo logo

$385,000

Beds
1
Baths
1.0
sq ft
725

10509 Front Beach Rd Unit 702, Panama City Beach, FL 32407

10509 Front Beach Rd Unit 702

Panama City Beach, FL 32407

  • 2 days on market
**OVER $42K IN RENTALS IN 2024 AND OVER $14K IN RENTALS ALREADY ON THE BOOKS FOR 2025** Experience coastal living at its finest in this 1BR beachfront condo at Long Beach Resort, where floor-to-ceiling glass provides breathtaking views from every room, including the bedroom. Natural light floods the open, airy living space, enhanced by durable wood-look tile flooring that combines elegance with easy maintenance. The bedroom features a king-sized bed, double vanity, and a generously sized shower in the ensuite bathroom, ensuring comfort. The kitchen boasts granite countertops and stainless steel appliances. Step onto the expansive balcony and enjoy uninterrupted views of Panama City Beach's famous sugar white sands and emerald waters, creating a seamless indoor-outdoor experience. Long Beach Resort is renowned for its exceptional amenities: three gulf-front pools (seasonally heated, with a Polynesian-style oasis), hot tubs, a fitness center, BBQ grills, a tiki bar, and private beach access. The resort is gated with security, and HOA dues cover cable, internet, sewage, water, and more - maximizing value and minimizing hassle. Located steps from some of the area's best local dining, shopping, and attractions, this condo makes an ideal vacation retreat or rental property. Start the new year living your best beach life - get in touch to schedule a showing!

Details

Property type

Condominium

Est. home value

$457,560

Lot size

Unknown

Price per sq ft

$532

Year built

1997

Annual property taxes

$4,145

Monthly HOA fee

$740.75

Price History

01/01/2025
CentralPanhandle

CentralPanhandle #766639

Listed
$385,000
01/01/2025
CentralPanhandle

CentralPanhandle #766639

Removed
$385,000
12/18/2024
CentralPanhandle

CentralPanhandle #766639

Listed
$385,000
-14.43%

Schools & Community

Elementary school: 

Hutchison Beach

Middle school: 

Surfside

High school: 

Arnold

Community features: 

Pool, Gated

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

$161,409
Asking price
$385,000
Closing costs (~8% of asking)
-$30,800
Est. remaining loan balance
-$192,791
Cash to seller
$161,409

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

Seller’s Loan History

Lender

Renasant Bank

Loan start date

April 2019

Original loan amount

$215,200

Est. remaining balance

$192,791

Interest rate

4.35%

Loan type

New Conventional, 30 year

Seller

Robert E Henckel and Gillian Henckel

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: 01/02/2025 at 9:30 PM

Listing updated: 01/02/2025 at 11:20 AM

Listed by: Duran Group, Berkshire Hathaway HomeServices Beach Properties of Florida Phone #: (850) 252-4160

MLS: CentralPanhandle #766639

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