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$560,000

Beds
2
Baths
2.0
sq ft
975

10811 Front Beach Rd Unit 1503, Panama City Beach, FL 32407

10811 Front Beach Rd Unit 1503

Panama City Beach, FL 32407

  • 17 days on market
Welcome to the epitome of beachfront living at Majestic Beach Towers II in Panama City Beach. This stunning two-bedroom, two-bathroom condo offers a gorgeous retreat where luxury and comfort come together in perfect harmony. Boasting a prime location directly on the Gulf of Mexico, this 975-sq.-ft. condo offers breathtaking views of the emerald green waters and sugar white sands of the Florida Panhandle. Step inside and discover an open-concept living area featuring a spacious living room and a fully-equipped kitchen with stainless steel appliances. But, the true highlight of this luxury condo is its breathtaking gulf-front balcony, where you can soak up the sun, dine al fresco and watch the waves roll in.

Details

Property type

Condominium

Est. home value

$551,207

Lot size

Unknown

Price per sq ft

$575

Year built

2006

Annual property taxes

$4,895

Monthly HOA fee

$689.43

Price History

11/05/2024
CentralPanhandle

CentralPanhandle #764702

Listed
$560,000
04/24/2024
CentralPanhandle

CentralPanhandle #748287

Removed
$560,000
10/24/2023
CentralPanhandle

CentralPanhandle #748287

Listed
$560,000
+24.72%

Schools & Community

Elementary school: 

Hutchison Beach

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

$195,096
Asking price
$560,000
Closing costs (~8% of asking)
-$44,800
Est. remaining loan balance
-$320,104
Cash to seller
$195,096

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

Seller’s Loan History

Lender

Fbt Mortgage Llc

Loan start date

March 2022

Original loan amount

$336,750

Est. remaining balance

$320,104

Interest rate

3.69%

Loan type

New Conventional, 30 year

Seller

Samuel Uyu

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: 11/22/2024 at 11:25 PM

Listing updated: 11/05/2024 at 2:20 PM

Listed by: Kendra Sheikho, Coldwell Banker Realty Phone #: (850) 682-4300

MLS: CentralPanhandle #764702

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