tomo logo

$2,750,000

Beds
6
Baths
5.5
sq ft
6,436

107 Alabama Ave, Lynn Haven, FL 32444

107 Alabama Ave

Lynn Haven, FL 32444

  • 2 days on market
    • Open house Nov 23
Get swept away by the epitome of waterfront luxury with this one-of-a-kind custom bayfront estate tucked away at the end of a quiet road in the heart of Lynn Haven. Offering breathtaking panoramic views of the bay, this three-story masterpiece combines timeless elegance with modern convenience. From thoughtfully designed living spaces to exquisite finishes, this home delivers a lifestyle of unmatched comfort and beauty. On the first floor, a spacious living area opens to the pool, perfect for indoor-outdoor living. The second floor features an elegant formal dining area framed by decorative columns, a gourmet kitchen, spacious island and stainless steel appliances. The kitchen and living room boast stunning bay views from nearly every angle, allowing you to soak in the serene waterfront setting. Hardwood floors and expansive closets complete the additional bedrooms on this level. The entire third floor is dedicated to the expansive master suite, which includes a private balcony overlooking the bay, a large walk-in closet and a spa-like bathroom with dual vanities, a soaking tub and a walk-in shower. Whether it's a private reading nook, a home office or an exercise area, this suite offers endless possibilities for relaxation and rejuvenation. This home has an array of premium features, including an elevator servicing all three floors, crown molding, recessed lighting and a comprehensive home security system. Step outside to enjoy the landscaped yard, in-ground pool and multiple dock options with deepwater access -- perfect for boating enthusiasts. Recent upgrades totaling more than $215,000, including a whole-house generator, on-demand water heaters, a new front porch, new pool pump, exterior LED lighting, new rear windows and gutters, a new roof and boat lift improvements, ensure this home is both beautiful and functional. If you're seeking a private oasis that offers easy access to city amenities while embracing the tranquil waterfront lifestyle, this bayfront gem in Lynn Haven is a must-see.

Details

Property type

Single Family Residence

Est. home value

$1,967,505

Lot size

0.72 acres

Price per sq ft

$428

Year built

2010

Annual property taxes

$24,737

HOA

No

Price History

11/18/2024
CentralPanhandle

CentralPanhandle #765226

Listed
$2,750,000
+27.91%
05/23/2022
CentralPanhandle

CentralPanhandle #722439

Sold
$2,150,000

Schools & Community

Elementary school: 

Lynn Haven

Middle school: 

Mowat

High school: 

Mosley

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

$994,868
Asking price
$2,750,000
Closing costs (~8% of asking)
-$220,000
Est. remaining loan balance
-$1,535,132
Cash to seller
$994,868

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

Seller’s Loan History

Lender

Regions Bank

Loan start date

May 2022

Original loan amount

$1,600,000

Est. remaining balance

$1,535,132

Interest rate

4.67%

Loan type

New Conventional, 30 year

Seller

David Steverson and Rebecca Steverson

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: 11/21/2024 at 4:20 PM

Listing updated: 11/19/2024 at 12:44 PM

Listed by: Christina Knox, Scenic Sotheby's International Realty Phone #: (850) 231-6052

MLS: CentralPanhandle #765226

CentralPanhandle logo

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