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$839,000

Beds
4
Baths
2.5
sq ft
3,792

118 Twilight Bay Dr, Panama City Beach, FL 32407

118 Twilight Bay Dr

Panama City Beach, FL 32407

  • 64 days on market
    • Price drop $10,000↓
Waterfront Beauty located right on the bayou leading to West Bay. Take your jet ski, kayak, or paddle board right out to West Bay with direct access to Shell Island and the Gulf of Mexico. New seawall and dock along with a oversized lot on approximately half an acre. This home is positioned toward the back of the lot for ultimate privacy off Twilight Bay Drive and has ample room for parking a boat, RV, or additional vehicles.This 4-bedroom, 2.5-bathroom home features an open floor plan with custom kitchen cabinets, granite countertops, hardwood floors, newer custom tile in the kitchen and bathrooms, updated vanities, new paint, and tiled showers. Built to withstand 185+ MPH winds, this home also features hurricane shutters throughout, spray foam insulation, and a commercial-grade seawall and dock. No shortcuts were taken during construction or renovations. The master suite includes a travertine shower with dual shower heads, double vanity, and a clawfoot tub with a whirlpool and heater. On the second level, there are two HUGE bonus rooms perfect for a game room, media room, yoga studio, and more. Colony Club is conveniently located close to Highway 98, Pier Park, Panama City International Airport, and ample shopping and restaurants. There is no HOA in Colony Club which makes this home an absolute winner in terms of overall value and ease-of-living. Come find out why 118 Twilight Bay Drive is an absolute show-stopper of a home where waterfront living comes to life!

Details

Property type

Single Family Residence

Est. home value

$833,836

Lot size

0.41 acres

Price per sq ft

$222

Year built

2007

HOA

No

Price History

09/20/2024
CentralPanhandle

CentralPanhandle #760017

Price change
$839,000
-1.18%
08/29/2024
CentralPanhandle

CentralPanhandle #760017

Listed
$849,000
08/18/2024
CentralPanhandle

CentralPanhandle #760017

Pending
$849,000

Schools & Community

Elementary school: 

Hutchison Beach

Middle school: 

Surfside

High school: 

Arnold

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

$429,768
Asking price
$839,000
Closing costs (~8% of asking)
-$67,120
Est. remaining loan balance
-$342,112
Cash to seller
$429,768

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

Seller’s Loan History

Lender

Waterstone Mortgage Corp

Loan start date

June 2017

Original loan amount

$399,910

Est. remaining balance

$342,112

Interest rate

4.03%

Loan type

VA, 30 year

Seller

Harold M Edward Iii and Ariela L Edward

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 1:15 AM

Listing updated: 09/26/2024 at 11:11 PM

Listed by: Mike S Herring, Keller Williams Realty Emerald Phone #: (850) 654-2900

MLS: CentralPanhandle #760017

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