tomo logo

$865,000

Beds
3
Baths
3.0
sq ft
1,917

11800 Front Beach Rd Unit 1403, Panama City Beach, FL 32407

11800 Front Beach Rd Unit 1403

Panama City Beach, FL 32407

  • 136 days on market
    • Price drop $10,000↓
Experience the ultimate in beachfront luxury with this stunning 3BR & 3BA penthouse unit boasting breathtaking panoramic Gulf views! Step into this spacious, 1900+ SF oasis featuring a beautifully updated interior with a large living area and an expansive balcony perfect for soaking in the sunsets. The oversized kitchen, granite countertops, and stainless-steel appliances make entertaining a breeze. Each bedroom offers an en-suite with sleeping arrangements for eight. The primary suite offers endless views of the emerald coast and opens to the expansive balcony with large floor-to-ceiling slider doors. Enjoy the convenience of a reserved parking space across from the elevators. The Grand Panama Resort offers a plethora of amenities, from deeded beach access to 2 heated pools, a large fitness center, Tiki bar for food and refreshments, hot tubs, onsite general store, conference room, and owners' library. Don't miss out on this incredible opportunity for a beach investment property with excellent rental potential. Come and experience beachfront living at its finest!

Details

Property type

Condominium

Est. home value

$742,707

Lot size

Unknown

Price per sq ft

$452

Year built

2007

Monthly HOA fee

$1,418.55

Price History

11/01/2024
CentralPanhandle

CentralPanhandle #759595

Price change
$865,000
-1.14%
08/29/2024
CentralPanhandle

CentralPanhandle #759595

Price change
$875,000
-2.23%
07/05/2024
CentralPanhandle

CentralPanhandle #759595

Listed
$895,000

Schools & Community

Elementary school: 

Hutchison Beach

Middle school: 

Surfside

High school: 

Arnold

Community features: 

Pool, 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

$428,113
Asking price
$865,000
Closing costs (~8% of asking)
-$69,200
Est. remaining loan balance
-$367,687
Cash to seller
$428,113

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

Seller’s Loan History

Lender

Caliber Home Loans Inc

Loan start date

October 2019

Original loan amount

$409,500

Est. remaining balance

$367,687

Interest rate

3.56%

Loan type

New Conventional, 30 year

Seller

Carl Stuart Dobbs and Laura Ann Dobbs

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: 11/19/2024 at 6:10 PM

Listing updated: 11/01/2024 at 11:20 AM

Listed by: Abbott Martin Group, EXP Realty LLC Phone #: (850) 460-2900

MLS: CentralPanhandle #759595

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