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$390,268Estimated home value

Beds
3
Baths
2.0
sq ft
1,444

118 Lakeside Cir, Panama City Beach, FL 32413

118 Lakeside Cir

Panama City Beach, FL 32413

  • Sold On 4/1/2023
The advantages of this captivating Florida Cottage on the west end area of Panama City Beach become apparent before you even step into open concept floor plan within. The swimming pool, a splash of blue included and set among a beautiful deck and landscaped back yard. The home is within minutes of the beaches and is walkable to shopping & restaurants in Pier Park, concerts and events in Aaron Bessant Park and sports and recreational activities at Frank Brown Park. All top rated schools are within 5 miles of this amazing Florida cottage. Bonus is this property allows for short term rentals and can be a investors dream. Don't miss out on this opportunity to live on the desirable west end of Panama City Beach or own a rental investment machine just minutes to the white sugar sand beaches.

Details

Property type

Single Family Residence

Est. home value

$390,268

Lot size

7,318 sq ft

Price per sq ft

$291

Year built

1988

Annual property taxes

$1,127

HOA

No

Price History

04/02/2025
CentralPanhandle

CentralPanhandle #771231

Removed
$485,000
04/01/2025
CentralPanhandle

CentralPanhandle #771231

Listed
$485,000
+40.58%
03/31/2023
CentralPanhandle

CentralPanhandle #736281

Sold
$345,000

Schools & Community

Elementary school: 

Hutchison Beach

Middle school: 

Surfside

High school: 

Arnold

Community features: 

Pool

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

$116,501
Asking price
$419,200
Closing costs (~8% of asking)
-$33,536
Est. remaining loan balance
-$269,163
Cash to seller
$116,501

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

Seller’s Loan History

Lender

Nfm Inc

Loan start date

March 2023

Original loan amount

$276,000

Est. remaining balance

$269,163

Interest rate

6.12%

Loan type

New Conventional, 30 year

Seller

Ronald A Farran Jr and Tania M Farran

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?

Status: Off Market

Tomo last checked: 04/02/2025 at 10:25 AM

Listing updated: 09/24/2024 at 11:21 PM

Listed by: Steve Bailey, Bluewater Realty of Bay County Inc Phone #: (850) 832-0950

MLS: CentralPanhandle #736281

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