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$524,000

Beds
2
Baths
2.0
sq ft
1,076

12011 Front Beach Rd Unit 1704B, Panama City Beach, FL 32407

12011 Front Beach Rd Unit 1704B

Panama City Beach, FL 32407

  • <1 day on market
Isn't it time for you to own your own piece of paradise? Wouldn't it be great if others would help you pay the mortgage? This condo is a proven winner for vacation rentals--should you decide to share! As soon as you walk through the door, the first thing you'll notice will be the phenomenal views! Then take a moment to look around at this fully furnished, two-bedroom, two full baths condo. The easy-care laminate flooring is ideal for beachfront living. There are unique touches throughout this condo, to include the corrugated tin panel on the island and shiplap headboard on the primary bedroom bed. There are views from the kitchen/family room and the primary bedroom. Note the sturdy, all-weather furniture on the balcony. This condo sleeps 6. Washer & Dryer in the unit. See it today!

Details

Property type

Condominium

Est. home value

$533,156

Lot size

Unknown

Price per sq ft

$487

Year built

2005

Annual property taxes

$5,220

Monthly HOA fee

$864

Price History

09/16/2024
CentralPanhandle

CentralPanhandle #763945

Listed
$524,000
+52.77%
11/19/2020
CentralPanhandle

CentralPanhandle #679312

Sold
$343,000

Schools & Community

Elementary school: 

Hutchison Beach

Middle school: 

Surfside

High school: 

Arnold

Community features: 

Pool, Fitness Center, Park

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

$262,815
Asking price
$524,000
Closing costs (~8% of asking)
-$41,920
Est. remaining loan balance
-$219,265
Cash to seller
$262,815

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

Seller’s Loan History

Lender

Fbt Mortgage Llc

Loan start date

November 2020

Original loan amount

$240,100

Est. remaining balance

$219,265

Interest rate

2.9%

Loan type

New Conventional, 30 year

Seller

Joseph R Baker and Patricia A Baker

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: 10/18/2024 at 2:20 AM

Listing updated: 10/17/2024 at 2:30 PM

Listed by: Paige T King, ERA American Real Estate Phone #: (850) 651-2454

MLS: CentralPanhandle #763945

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