tomo logo

$449,999

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

  • 342 days on market
    • Price drop $10,000↓
Great short-term rental opportunity. As one of the few beach condos that welcome your guests to bring pets, it stands out in the rental market. With Spring and Summer 2025 nearly fully booked, you'll benefit from immediate rental income and peace of mind. This meticulously maintained 2-bedroom, 2-bathroom condo with hallway bunks offers stunning Gulf views and is fully furnished, ready for immediate enjoyment of rental income. Recent upgrades--including a new HVAC system, water heater, refrigerator, and stove--ensure modern comfort and reliability. The resort's amenities, such as a fitness center, on-site store and bistro, beachside Tiki Bar, heated pools, and hot tubs, provide everything needed for a relaxing stay. A covered walkway between towers ensures easy access throughout the property. Given the high demand and limited pet-friendly options, this condo presents a lucrative investment opportunity.Don't miss this chance to own a slice of paradise that offers both relaxation and a profitable investment. Schedule your showing today!

Details

Property type

Condominium

Est. home value

$482,276

Lot size

Unknown

Price per sq ft

$397

Year built

2007

Annual property taxes

$4,606

Monthly HOA fee

$839.88

Price History

03/19/2025
CentralPanhandle

CentralPanhandle #756197

Price change
$449,999
-2.17%
02/26/2025
CentralPanhandle

CentralPanhandle #756197

Price change
$459,999
-2.13%
01/26/2025
CentralPanhandle

CentralPanhandle #756197

Price change
$469,999
-2.08%

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

$194,450
Asking price
$449,999
Closing costs (~8% of asking)
-$36,000
Est. remaining loan balance
-$219,549
Cash to seller
$194,450

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

$219,549

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: 04/03/2025 at 12:35 PM

Listing updated: 03/19/2025 at 5:20 PM

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

MLS: CentralPanhandle #756197

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