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$599,900

Beds
2
Baths
2.0
sq ft
1,366

11483 Front Beach Rd Unit 206, Panama City Beach, FL 32407

11483 Front Beach Rd Unit 206

Panama City Beach, FL 32407

  • 53 days on market
Edgewater Beach is a well-known resort, located on the Gulf of Mexico, providing stunning beachfront views and easy access to the beautiful white sand beaches that Panama City Beach is known for. Edgewater provides a resort-style living experience, with access to various activities and events for residents and guests. This can include golf, water sports, tropical lagoon pools, Ocean restaurants & bars, hot tubs, tennis, fitness center & plenty of parking. This is a gated community with 24-hour security, providing a sense of safety and privacy for residents and guests.Many condo units are used as vacation rentals, allowing owners to generate income when they are not using the property. This particular unit is not on a rental program. However it is a low floor, close to elevator, center of Tower I. There is new carpet in bedrooms, quality furnishings with a full size washer & dryer. 2019 Improvements:TV HIDDEN ON BALCONYCabinets, custom granite, raised ceiling in kitchen, tile flooring, wainscoting in hallway, paint, stainless appliances, replaced sliding glass doors & plantation shutters.

Details

Property type

Condominium

Est. home value

$729,915

Lot size

Unknown

Price per sq ft

$440

Year built

1985

Monthly HOA fee

$1,028.79

Price History

08/12/2024
CentralPanhandle

CentralPanhandle #761214

Listed
$599,900
-6.25%
06/01/2024
CentralPanhandle

CentralPanhandle #748295

Removed
$639,900
04/30/2024
CentralPanhandle

CentralPanhandle #748295

Price change
$639,900
-8.57%

Schools & Community

Elementary school: 

Hutchison Beach

Middle school: 

Surfside

High school: 

Arnold

Community features: 

Pool, Gated, Clubhouse, Fitness Center, Golf, 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

$354,823
Asking price
$599,900
Closing costs (~8% of asking)
-$47,992
Est. remaining loan balance
-$197,085
Cash to seller
$354,823

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

Seller’s Loan History

Lender

Access Mortgage Corp

Loan start date

March 2005

Original loan amount

$359,650

Est. remaining balance

$197,085

Interest rate

5.66%

Loan type

Not Provided, 30 year

Seller

T Bruce Wade Ii and Erica S Wade

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 1:20 AM

Listing updated: 08/19/2024 at 5:14 PM

Listed by: Rita B Hansen, Counts Real Estate Group Inc Phone #: (850) 249-3615

MLS: CentralPanhandle #761214

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