tomo logo

$378,500

Beds
1
Baths
2.0
sq ft
903

11800 Front Beach Rd Unit 1002, Panama City Beach, FL 32407

11800 Front Beach Rd Unit 1002

Panama City Beach, FL 32407

  • <1 day on market
1BD plus bunk area with 2 FULL BATHS. Stainless steel appliances. FULLY FURNISHED AND RENTAL READY. The finish work in Grand Panama is higher end than most condos on the beach. Undermounted sink in kitchen island. Great gulf-views from the balcony. 10th floor is the perfect floor height, not too high but high enough for great views. Make sure you see this one.

Details

Property type

Condominium

Est. home value

$396,610

Lot size

Unknown

Price per sq ft

$420

Year built

2007

Annual property taxes

$3,762

Monthly HOA fee

$668.2

Price History

11/07/2024
CentralPanhandle

CentralPanhandle #764832

Listed
$378,500
+98.17%
05/11/2018
CentralPanhandle

CentralPanhandle #662933

Sold
$191,000

Schools & Community

Elementary school: 

Hutchison Beach

Middle school: 

Surfside

High school: 

Arnold

Community features: 

Pool, Clubhouse, Fitness Center

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

$256,197
Asking price
$378,500
Closing costs (~8% of asking)
-$30,280
Est. remaining loan balance
-$92,023
Cash to seller
$256,197

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

Seller’s Loan History

Lender

Trustmark National Bank

Loan start date

May 2018

Original loan amount

$143,250

Est. remaining balance

$92,023

Interest rate

3.91%

Loan type

New Conventional, 15 year

Seller

Brian Charrles Velvis and Brenne Marie Velvis

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: Active

Tomo last checked: 11/08/2024 at 7:00 AM

Listing updated: 11/07/2024 at 9:00 PM

Listed by: Gabriel Stephani, Pineapple Properties Phone #: (850) 814-4640

MLS: CentralPanhandle #764832

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