tomo logo

$695,000

Beds
2
Baths
3.0
sq ft
1,305

11347 Front Beach Rd Unit 1205, Panama City Beach, FL 32407

11347 Front Beach Rd Unit 1205

Panama City Beach, FL 32407

  • 237 days on market
    • Price drop $24,000↓
*PENDING WITH A KICKOUT CLAUSE* Gorgeous 2 bedroom/3 bath, fully furnished Penthouse Unit with an additional LOFT/BONUS ROOM featuring a kitchenette, bathroom and private 20x30 rooftop balcony on the 2nd story. Tons of updates include remodeled ceilings throughout, all new paint, recessed lighting, granite counter tops, new decor and beautifully remodeled master bath on the 1st floor. The spacious third bedroom also features a jack and jill bathroom that leads out to the hallway for convenience. This Penthouse features two balconies, that both boast incredible sunrises and sunsets. Edgewater also offers numerous amenities including a par-3 golf course, sports courts for basketball, pickleball, shuffleboard and tennis,11 pools, including a lagoon style pool, multiple hot tubs, a children's splash area, fitness facility, training studio, business center, and a variety of onsite restaurants that offer pizza, hand-dipped ice cream and poolside daiquiris. Complimentary tram service is available throughout the resort.Call today to schedule your showing.

Details

Property type

Condominium

Est. home value

$661,468

Property condition

Updated/Remodeled

Lot size

Unknown

Price per sq ft

$533

Year built

1990

Annual property taxes

$5,891

Monthly HOA fee

$1,264

Price History

08/12/2024
CentralPanhandle

CentralPanhandle #752640

Listed
$695,000
08/11/2024
CentralPanhandle

CentralPanhandle #752640

Removed
$695,000
05/29/2024
CentralPanhandle

CentralPanhandle #752640

Price change
$695,000
-3.34%

Schools & Community

Elementary school: 

Hutchison Beach

Middle school: 

Surfside

High school: 

Arnold

Community features: 

Pool, Gated, Fitness Center, Park, 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

$621,778
Asking price
$695,000
Closing costs (~8% of asking)
-$55,600
Est. remaining loan balance
-$17,622
Cash to seller
$621,778

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

Seller’s Loan History

Lender

Christopher P Janes

Loan start date

October 2022

Original loan amount

$400,000

Est. remaining balance

$17,622

Interest rate

5.89%

Loan type

Not Provided, 2 year

Seller

Ronald Don Strobo

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 1:15 AM

Listing updated: 09/25/2024 at 11:20 PM

Listed by: Crystal Duncan, Paradise Properties of NW Florida Phone #: (850) 588-7136

MLS: CentralPanhandle #752640

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