tomo logo

$379,000

Beds
1
Baths
1.0
sq ft
743

11347 Front Beach Rd Unit 508, Panama City Beach, FL 32407

11347 Front Beach Rd Unit 508

Panama City Beach, FL 32407

  • 9 days on market
This is your chance to own a piece of paradise. Welcome to this stunning 1-bedroom, 1-bathroom condo located in the renowned Edgewater Beach Resort in the heart of Panama City Beach.Featuring Breathtaking Gulf of Mexico ViewsEnjoy unobstructed, panoramic views of emerald waters and pristine white sand from your spacious balcony. The renovated unit includes granite countertops, custom cabinets, an added pantry for convenience, and stainless steel appliances in the kitchen, updated bathroom, and tile flooring. The unit comes tastefully furnished and ready for use. In addition to your own personal luxury retreat, you can have a turn key investment opportunity generating income. Edgewater Beach Resort Offers Unparalleled Resort Amenities including a Polynesian lagoon-style pool and 10 additional pools, Hot tubs and a dedicated children's splash pad Fitness center, spa, and aerobics room 9-hole golf course, tennis courts, and shuffleboard Kids Club and fun family activities On-site dining options, poolside bars, and more Situated in the heart of Panama City Beach (PCB), this gated resort is just minutes from premier dining, shopping, and entertainment. Whether you're exploring the vibrant local scene or relaxing on the beach, everything is at your fingertips. Your Slice of Paradise Awaits Imagine sipping coffee on your balcony at sunrise or enjoying a cocktail as the sun sets over the Gulf of Mexico. Don't let this opportunity pass you by! Schedule your private showing today to experience the luxury and beauty of the Emerald Coast at Edgewater Beach Resort.

Details

Property type

Condominium

Est. home value

$384,181

Lot size

Unknown

Price per sq ft

$511

Year built

1990

Monthly HOA fee

$889.11

Price History

01/17/2025
EmeraldCoast

EmeraldCoast #966638

Listed
$379,000
-3.56%
06/02/2023
CentralPanhandle

CentralPanhandle #738163

Sold
$393,000
+63.75%
01/15/2021
CentralPanhandle

CentralPanhandle #705047

Sold
$240,000

Schools & Community

Elementary school: 

Hutchinson Beach

Middle school: 

Surfside

High school: 

Arnold

Community features: 

Gated, Pool, 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

$59,480
Asking price
$379,000
Closing costs (~8% of asking)
-$30,320
Est. remaining loan balance
-$289,200
Cash to seller
$59,480

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

Seller’s Loan History

Lender

Newrez Llc

Loan start date

June 2023

Original loan amount

$294,750

Est. remaining balance

$289,200

Interest rate

6.27%

Loan type

New Conventional, 30 year

Seller

Jeanie Lundy

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: 01/26/2025 at 1:55 AM

Listing updated: 01/18/2025 at 7:19 AM

Listed by: Naomi L Akers, Blue Anchor Realty LLC Phone #: (850) 450-9787

MLS: EmeraldCoast #966638

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