tomo logo

$535,000

Beds
2
Baths
2.0
sq ft
1,055

11483 Front Beach Rd Unit 208, Panama City Beach, FL 32407

11483 Front Beach Rd Unit 208

Panama City Beach, FL 32407

  • 418 days on market
    • Price drop $10,000↓
Looking for a vacation get-a-way or an investment property? Look no further, this 2-bedroom, fully furnished, gulf front condo. This is a highly sought lower 2nd floor unit in Tower 1 with spectacular panoramic view of the emerald green waters of the Gulf of Mexico from your own private balcony. The moment you walk through the door you will be greeted by the stunning Gulf and main pool views. The HIGHLY DESIRABLE Edgewater Resort has UNSURPASSED AMENITIES which include a Tropical Lagoon Pool, hot tubs, Oceans Restaurant & Bar, Fitness Center, Golf, Tennis and so much more!! Located in the heart of PCB close to shopping, dining, entertainment and the best the beach has to offer.

Details

Property type

Condominium

Est. home value

$529,241

Lot size

Unknown

Price per sq ft

$508

Year built

1985

Annual property taxes

$3,743

Monthly HOA fee

$1,028.79

Price History

05/08/2024
CentralPanhandle

CentralPanhandle #747215

Price change
$535,000
-1.83%
09/28/2023
CentralPanhandle

CentralPanhandle #747215

Listed
$545,000
+94.64%
04/08/2020
CentralPanhandle

CentralPanhandle #691671

Sold
$280,000

Schools & Community

Elementary school: 

Hutchison Beach

Middle school: 

Surfside

High school: 

Arnold

Community features: 

Pool, Gated, Fitness Center, Golf, 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

$428,964
Asking price
$535,000
Closing costs (~8% of asking)
-$42,800
Est. remaining loan balance
-$63,236
Cash to seller
$428,964

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

Seller’s Loan History

Lender

Regions Bank

Loan start date

January 2001

Original loan amount

$151,000

Est. remaining balance

$63,236

Interest rate

7.54%

Loan type

Not Provided, 30 year

Seller

Kelly R Groff

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: 11/19/2024 at 7:35 PM

Listing updated: 09/26/2024 at 10:30 AM

Listed by: Anthony M Nguyen, VIP Beach Destinations Phone #: (832) 455-8260

MLS: CentralPanhandle #747215

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