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$515,000

Beds
2
Baths
2.0
sq ft
1,076

12011 Front Beach Rd Unit 1405B, Panama City Beach, FL 32407

12011 Front Beach Rd Unit 1405B

Panama City Beach, FL 32407

  • 276 days on market
    • Price drop $10,000↓
Enjoy Spectacular views of the Gulf and fishing Pier straight from this oversized balcony! With a connecting master bedroom and spacious living room, this unit is sure to impress with its easy accessibility and views from each room! This unit makes a great rental and has been upgraded with new stainless steel appliances, washer/dryer, AC unit and furniture! Close to Pier Park and local restaurants. Enjoy activities such as fishing, arcades, miniature golf, go karts, bowling, Shipwreck island water park and so much more! Book your water adventures right off the beach or enjoy relaxing by the pool.Centrally located and just 17 miles from the airport, Sterling Reef is a family oriented complex and excellent choice for a vacation rental or second home. Come see it today!

Details

Property type

Condominium

Est. home value

$521,820

Lot size

Unknown

Price per sq ft

$479

Year built

2005

Monthly HOA fee

$785

Price History

05/10/2024
CentralPanhandle

CentralPanhandle #753065

Price change
$515,000
-1.9%
02/20/2024
CentralPanhandle

CentralPanhandle #753065

Listed
$525,000

Schools & Community

Elementary school: 

Hutchison Beach

Middle school: 

Surfside

High school: 

Arnold

Community features: 

Clubhouse, 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

$268,940
Asking price
$515,000
Closing costs (~8% of asking)
-$41,200
Est. remaining loan balance
-$204,860
Cash to seller
$268,940

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

January 2021

Original loan amount

$264,000

Est. remaining balance

$204,860

Interest rate

2.28%

Loan type

New Conventional, 15 year

Seller

Vu T Le and Ha Hoang

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: 11/23/2024 at 2:25 AM

Listing updated: 09/25/2024 at 11:20 PM

Listed by: Jessica Langeloh, Counts Real Estate Group Inc Phone #: (850) 249-3615

MLS: CentralPanhandle #753065

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