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$395,000

Beds
1
Baths
2.0
sq ft
903

11800 Front Beach Rd Unit 1202, Panama City Beach, FL 32407

11800 Front Beach Rd Unit 1202

Panama City Beach, FL 32407

  • 68 days on market
    • Price drop $20,000↓
Welcome to the Grand Panama Beach Resort! This 1 bedroom, 2 bath corner unit condo measures almost 1000 square feet and has the most amazing views of the Gulf of Mexico. It comes fully furnished with many new updates, ready for a turn key short term vacation rental. The open concept living room and kitchen has a newer TV, new sleeper sofa, new recliner, new Whirlpool stainless appliances. The interior looks and feels like brand new making it a very appealing place for vacationers to rent and enjoy. There are bunkbeds in the hallway for more sleeping space for guests. A dedicated storage cage is included with this sale. Come see why Panama City Beach is the most popular vacation spot on the coast and invest in your future at Grand Panama. Call your Realtor today.

Details

Property type

Condominium

Est. home value

$394,451

Lot size

Unknown

Price per sq ft

$438

Year built

2007

Annual property taxes

$3,762

Monthly HOA fee

$197.33

Price History

09/12/2024
CentralPanhandle

CentralPanhandle #760592

Price change
$395,000
-4.82%
07/28/2024
CentralPanhandle

CentralPanhandle #760592

Listed
$415,000
+70.43%
07/20/2020
CentralPanhandle

CentralPanhandle #697799

Sold
$243,500

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

$232,191
Asking price
$395,000
Closing costs (~8% of asking)
-$31,600
Est. remaining loan balance
-$131,209
Cash to seller
$232,191

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

Seller’s Loan History

Lender

Us Bank Na

Loan start date

July 2020

Original loan amount

$144,000

Est. remaining balance

$131,209

Interest rate

3.18%

Loan type

New Conventional, 30 year

Seller

Mark Winston Hill

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 5:20 AM

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

Listed by: Jeff Payne, Keller Williams Success Realty Phone #: (850) 249-0313

MLS: CentralPanhandle #760592

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