tomo logo

$427,900

Beds
1
Baths
1.0
sq ft
737

10901 Front Beach Rd Unit 1313, Panama City Beach, FL 32407

10901 Front Beach Rd Unit 1313

Panama City Beach, FL 32407

  • 292 days on market
    • Price drop $2,100↓
Gulf Front - Short Term Rental Machine! The kitchen boasts endless granite countertops, white storybook cabinetry, custom 'Mother of Pearl' backsplash + so much more! NEW HVAC and Newer furnishings, The unit showcases a VERY consistent year-round short term rental. Washer/Dryer located Inside the unit. Majestic Beach provides various amenities including indoor/outdoor pools, an onsite bar and grill, fitness center, Starbucks Coffee market, tennis courts, movie theater, and a spacious community room. With easy access to Pier Park, this property is a lucrative investment for your vacation destination.

Details

Property type

Condominium

Est. home value

$394,049

Lot size

Unknown

Price per sq ft

$581

Year built

2005

Annual property taxes

$3,725

Monthly HOA fee

$508

Price History

12/02/2024
CentralPanhandle

CentralPanhandle #753771

Price change
$427,900
-0.49%
11/01/2024
CentralPanhandle

CentralPanhandle #753771

Removed
$430,000
03/18/2024
CentralPanhandle

CentralPanhandle #753771

Listed
$430,000

Schools & Community

Elementary school: 

Hutchison Beach

Middle school: 

Surfside

High school: 

Arnold

Community features: 

Pool, Clubhouse, Park

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

$243,046
Asking price
$427,900
Closing costs (~8% of asking)
-$34,232
Est. remaining loan balance
-$150,622
Cash to seller
$243,046

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

July 2019

Original loan amount

$168,000

Est. remaining balance

$150,622

Interest rate

4.06%

Loan type

New Conventional, 30 year

Seller

Vaughn Vallet and Tinna Vallet

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: 12/23/2024 at 2:20 PM

Listing updated: 12/02/2024 at 10:50 AM

Listed by: Chad Hatfield, RealJoy Realty LLC Phone #: (813) 376-5621

MLS: CentralPanhandle #753771

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