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$358,000

Beds
Unknown
Baths
1.0
sq ft
429

10901 Front Beach Rd Unit 2112, Panama City Beach, FL 32407

10901 Front Beach Rd Unit 2112

Panama City Beach, FL 32407

  • 68 days on market
This Immaculate studio size condo located at Majestic Beach Towers is a true gem. Exclusively used as a second home, it boasts breathtaking views of the beach and Gulf of Mexico from its 21st floor private balcony. The spacious interior features an updated vinyl flooring that flows throughout the condo. Not only does the flooring enhance the overall appeal but also offers ease of care, making maintenance a breeze. The full kitchen is well-equipped with a four burner electric range, microwave, refrigerator, dishwasher, a pantry, and abundant cabinet space and storage shelves. A recently purchased bed, along with a convertible sofa, enhances comfort, complemented by two strategically placed TVs for your entertainment. The modern bathroom includes a stylish light fixture, single vanity and a tub/shower combo. Some Majestic Beach Tower studios don't include a washer/dryer, however this unit includes a convenient LG Dual Inverter Heat Pump dryer and LG washer, ensuring you have everything you need for laundry during your stay. For enhanced security, you'll enter through a separate exterior door before accessing the condo itself. Majestic Beach Towers offers exceptional amenities for an enjoyable and entertaining stay. Owners delight in the use of two outdoor pools and a kiddie pool, as well as two indoor pools and two spas. A poolside bar and grill serves refreshing drinks and tasty meals, while a convenience store is available for snacks, coffee, or forgotten essentials. Additional amenities include a well-equipped fitness center with steam rooms and saunas, a movie theater, tennis courts, and an owner's lounge.

Details

Property type

Condominium

Est. home value

$368,764

Lot size

Unknown

Price per sq ft

$835

Year built

2005

Annual property taxes

$3,290

Monthly HOA fee

$293.65

Price History

09/17/2024
CentralPanhandle

CentralPanhandle #762709

Listed
$358,000
09/16/2024
CentralPanhandle

CentralPanhandle #762709

Removed
$358,000
09/15/2024
CentralPanhandle

CentralPanhandle #762709

Listed
$358,000
+2.29%

Schools & Community

Elementary school: 

Hutchison Beach

Middle school: 

Surfside

High school: 

Arnold

Community features: 

Pool, Clubhouse, Fitness Center, Tennis Court(s)

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

$164,444
Asking price
$358,000
Closing costs (~8% of asking)
-$28,640
Est. remaining loan balance
-$164,916
Cash to seller
$164,444

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

November 2021

Original loan amount

$200,000

Est. remaining balance

$164,916

Interest rate

2.12%

Loan type

New Conventional, 15 year

Seller

Pamela J Bryant

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: 11/23/2024 at 2:10 AM

Listing updated: 11/16/2024 at 2:10 PM

Listed by: Darlene Tate, RC Real Estate Group Phone #: (850) 249-6100

MLS: CentralPanhandle #762709

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