tomo logo

$489,999

Beds
2
Baths
2.0
sq ft
1,135

11800 Front Beach Rd Unit 2-504, Panama City Beach, FL 32407

11800 Front Beach Rd Unit 2-504

Panama City Beach, FL 32407

  • 244 days on market
    • Price drop $10,000↓
Welcome to Grand Panama Beach Resort--where luxury, convenience, and pet-friendly accommodations await in the heart of Panama City Beach! This meticulously maintained 2-bed, 2-bath condo, complete with bunks, boasts breathtaking Gulf views and comes fully furnished, with a few exceptions of personal decorations, for immediate enjoyment or rental income. Recent upgrades, including a newer HVAC, water heater, refrigerator, and stove, ensure modern comfort and reliability.Take advantage of the resort's extensive amenities, including a fitness center, onsite store and bistro, beachside Tiki Bar, heated pools, and hot tubs. With a covered walkway between towers for easy access and a prime location, Grand Panama is the ultimate destination for beach living. Don't miss out on this unparalleled opportunity!

Details

Property type

Condominium

Est. home value

$482,276

Lot size

Unknown

Price per sq ft

$432

Year built

2007

Annual property taxes

$4,606

Monthly HOA fee

$839.88

Price History

09/12/2024
CentralPanhandle

CentralPanhandle #756197

Price change
$489,999
-2%
07/24/2024
CentralPanhandle

CentralPanhandle #756197

Price change
$499,999
-1.96%
04/25/2024
CentralPanhandle

CentralPanhandle #756197

Listed
$509,999
+59.37%

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

$229,871
Asking price
$489,999
Closing costs (~8% of asking)
-$39,200
Est. remaining loan balance
-$220,928
Cash to seller
$229,871

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

Seller’s Loan History

Lender

Bank Of England

Loan start date

April 2021

Original loan amount

$240,000

Est. remaining balance

$220,928

Interest rate

3.02%

Loan type

New Conventional, 30 year

Seller

James Q Goodrich and Kathy S Goodrich

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: 12/26/2024 at 1:05 PM

Listing updated: 12/02/2024 at 11:20 AM

Listed by: Maggie Fowler, Lifes A Beach Real Estate, LLC Phone #: (850) 249-9111

MLS: CentralPanhandle #756197

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