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$525,000

Beds
2
Baths
2.0
sq ft
1,091

10901 Front Beach Rd Unit 1707, Panama City Beach, FL 32407

10901 Front Beach Rd Unit 1707

Panama City Beach, FL 32407

  • 68 days on market
    • Price drop $25,000↓
Welcome to Majestic Beach Condominum #1707, your new piece of Paradise. Located on the shores of the Gulf of Mexico, on the Worlds Most Beautiful Beaches, this 2 bedroom, 2 bath unit comes furnished and turn key ready for vacation rentals. The views from 17th floor balcony go on forever! The interior of the unit shows very well with newer paint, new appliances and an AC unit that was replaced in 2019. This particular floorplan is very popular due to a master suite with a private bath and a second bedroom with another full bath. The kitchen and living area is open and spacious and perfect for entertaining. The balcony is very private for enjoying the view. This condo comes fully furnished, ready for your vacation or your turn key investment. Call your Realtor today

Details

Property type

Condominium

Est. home value

$536,826

Lot size

Unknown

Price per sq ft

$482

Year built

2005

Annual property taxes

$5,533

Monthly HOA fee

$720.13

Price History

09/19/2024
CentralPanhandle

CentralPanhandle #760589

Price change
$525,000
-4.55%
07/29/2024
CentralPanhandle

CentralPanhandle #760589

Listed
$550,000
+54.06%
02/24/2021
CentralPanhandle

CentralPanhandle #705980

Sold
$357,000
+37.31%

Schools & Community

Elementary school: 

Hutchison Beach

Middle school: 

Surfside

High school: 

Arnold

Community features: 

Clubhouse, Fitness Center, Restaurant

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

$284,671
Asking price
$525,000
Closing costs (~8% of asking)
-$42,000
Est. remaining loan balance
-$198,329
Cash to seller
$284,671

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

February 2021

Original loan amount

$216,000

Est. remaining balance

$198,329

Interest rate

2.67%

Loan type

New Conventional, 30 year

Seller

David Gabrielle and Kimberley B Gabrielle

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: 10/05/2024 at 5:25 AM

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

Listed by: Jeff Payne, Keller Williams Success Realty Phone #: (850) 249-0313

MLS: CentralPanhandle #760589

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