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$859,950

Beds
3
Baths
3.0
sq ft
1,713

1112 Prospect Promenade Unit 104, Panama City Beach, FL 32413

1112 Prospect Promenade Unit 104

Panama City Beach, FL 32413

  • <1 day on market
This beautifully remodeled first-floor corner condo is a showstopper! It is situated in the Dawn building at Lakeside Lodge within the gated Wild Heron community. Its highly desirable location offers direct, unobstructed views of Lake Powell. The open floor plan allows for immediate lake views upon entering, with modern finishes throughout, heated tile floors in the primary bathroom and a gas fireplace. The condo has been updated with a custom hutch and pantry, the utility area now features a new sink and cabinet, and new flooring has been installed in all bedrooms and closets. The dishwasher was replaced in 2023, while the refrigerator, range, and oven were replaced in 2024. The garbage disposal and kitchen faucet were updated in 2023, and a new retractable screen door was installed for the deck. The HVAC system was upgraded with a dehumidifier and a new hot water heater was installed in 2023 and both have been recently serviced. Residents of Wild Heron enjoy access to a dock, fitness center, pool, hot tub, and boardwalks. The community offers well-maintained common areas and a peaceful lakeside setting. New assessment has been paid in full, and CDD bond has been paid off.

Details

Property type

Condominium

Est. home value

$755,324

Lot size

Unknown

Price per sq ft

$503

Year built

2004

Annual property taxes

$7,289

Monthly HOA fee

$1,578.3

Price History

02/24/2025
CentralPanhandle

CentralPanhandle #769474

Listed
$859,950
+10.96%
04/28/2023
CentralPanhandle

CentralPanhandle #738997

Sold
$775,000
+14.81%
06/03/2022
CentralPanhandle

CentralPanhandle #725886

Sold
$675,000
+55.35%

Schools & Community

Elementary school: 

West Bay

Middle school: 

Surfside

High school: 

Arnold

Community features: 

Pool, Gated, Fitness Center, Fishing, Playground, Park, Sidewalks

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

$562,075
Asking price
$859,950
Closing costs (~8% of asking)
-$68,796
Est. remaining loan balance
-$229,079
Cash to seller
$562,075

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

Seller’s Loan History

Lender

Trustmark National Bank

Loan start date

December 2020

Original loan amount

$294,000

Est. remaining balance

$229,079

Interest rate

2.34%

Loan type

New Conventional, 16 year

Seller

Charles A Schott and Janice G Schott

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: 02/27/2025 at 10:15 PM

Listing updated: 02/27/2025 at 2:51 PM

Listed by: Lori E Roland, Corcoran Reverie Phone #: (850) 231-5030

MLS: CentralPanhandle #769474

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