tomo logo

$379,000

Beds
1
Baths
2.0
sq ft
903

11800 Front Beach Rd Unit 2-803, Panama City Beach, FL 32407

11800 Front Beach Rd Unit 2-803

Panama City Beach, FL 32407

  • 369 days on market
    • Price drop $16,000↓
Grand Panama Beach Resort is one of the top premiere resorts in Panama City Beach & is centrally located close to great restaurants, shopping & many area attractions! This fully furnished condo sleeps 6 comfortably, features a large patio where you can relax & enjoy amazing views of the Gulf of Mexico, one bedroom plus bunks, two full baths, granite countertops, stainless-steel appliances & new HCAC in 2021. Grand Panama Beach Resort offers many great amenities including a beachfront resort style heated pool, a rooftop heated pool, hot tubs, beach side tiki bar, BBQ grills, large fitness center, onsite general store, onsite bistro, 24-hour security & covered garage parking.

Details

Property type

Condominium

Est. home value

$397,320

Lot size

Unknown

Price per sq ft

$420

Year built

2007

Annual property taxes

$2,903

Monthly HOA fee

$668.2

Price History

05/01/2024
CentralPanhandle

CentralPanhandle #747327

Listed
$379,000
05/01/2024
CentralPanhandle

CentralPanhandle #747327

Removed
$379,000
03/28/2024
CentralPanhandle

CentralPanhandle #747327

Listed
$379,000

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

$23,410
Asking price
$379,000
Closing costs (~8% of asking)
-$30,320
Est. remaining loan balance
-$325,270
Cash to seller
$23,410

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

Seller’s Loan History

Lender

Lendsure Mortgage Corp

Loan start date

June 2022

Original loan amount

$336,200

Est. remaining balance

$325,270

Interest rate

5.3%

Loan type

New Conventional, 30 year

Seller

Robert Hollingsworth and Rosalyn Hollingsworth

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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11800 Front Beach Rd Unit 2-302, Panama City Beach, FL 32407

Status: Active

Tomo last checked: 10/05/2024 at 3:20 AM

Listing updated: 09/25/2024 at 11:09 PM

Listed by: Dee Anderson, Saltwater Real Estate of PCB Phone #: (850) 752-5841

MLS: CentralPanhandle #747327

CentralPanhandle logo

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