tomo logo

$345,000

Beds
3
Baths
2.5
sq ft
1,320

11611 Sand Castle Ln, Panama City Beach, FL 32407

11611 Sand Castle Ln

Panama City Beach, FL 32407

  • 110 days on market
Discover this beautifully decorated and fully furnished 3-bedroom, 2-bathroom gem in the gated community of Palm Cove--perfect as an investment property or a second home. Located just blocks from The World's Most Beautiful Beaches, this charming home is truly move-in ready. The open floor plan features a spacious living area, a King-sized master suite with a walk-in closet, a Queen-sized second bedroom, and a cozy third bedroom with a double bed.Recent upgrades include new vinyl flooring - no carpet anywhere, and a new AC unit with a 10-year warranty. The kitchen is equipped with sleek steel appliances, and the home also includes a washer/dryer set. Seller will replace the roof with an acceptable offer.Enjoy the serene outdoor space with a front porch and a screened-in back patio offering added privacy with no houses directly behind. Guest parking is conveniently located just across the street, and the playground is just next door!Palm Cove offers low HOA fees that cover access to two community pools, a playground, trash service, power washing, ground maintenance, and security gates. With a garage, two parking spaces, and so much to offer, this property is a must-see!

Details

Property type

Single Family Residence

Est. home value

$371,072

Lot size

2,555 sq ft

Price per sq ft

$262

Year built

2005

Annual property taxes

$3,628

Monthly HOA fee

$165

Price History

09/02/2024
CentralPanhandle

CentralPanhandle #762224

Listed
$345,000
+64.29%
05/23/2019
CentralPanhandle

CentralPanhandle #681779

Sold
$210,000

Schools & Community

Elementary school: 

Hutchison Beach

Middle school: 

Surfside

High school: 

Arnold

Community features: 

Pool, Gated, Playground

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

$67,495
Asking price
$345,000
Closing costs (~8% of asking)
-$27,600
Est. remaining loan balance
-$249,905
Cash to seller
$67,495

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

Seller’s Loan History

Lender

Ocmbc Inc

Loan start date

June 2023

Original loan amount

$254,100

Est. remaining balance

$249,905

Interest rate

6.35%

Loan type

New Conventional, 30 year

Seller

Alzhan Nurumbetov and Arailym Mergenova

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?

Similar Homes Nearby

Price drop
CentralPanhandle
$299,900
3 bd
|
2.5 ba
|
1,432 sq ft
|

166 White Cap Way, Panama City Beach, FL 32407

Price drop
CentralPanhandle
$325,000
3 bd
|
2.5 ba
|
1,432 sq ft
|

171 White Cap Way, Panama City Beach, FL 32407

CentralPanhandle
$365,000
3 bd
|
2.5 ba
|
1,434 sq ft
|

162 W Leslie Ln, Panama City Beach, FL 32407

Status: Active

Tomo last checked: 12/23/2024 at 3:10 PM

Listing updated: 12/02/2024 at 11:20 AM

Listed by: Ramil Zartdinov, Local Insight Realty Phone #: (850) 832-9417

MLS: CentralPanhandle #762224

CentralPanhandle logo