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$255,000

Beds
4
Baths
3.0
sq ft
1,400

1203 Lighthouse Rd, Panama City Beach, FL 32407

1203 Lighthouse Rd

Panama City Beach, FL 32407

  • <1 day on market
A spectacular opportunity to own a stunning ground floor condominium in picturesque Panama City Beach. Boasting four bedrooms and three bathrooms, this property provides ample space and comfort for all your accommodation needs. As you step through the threshold of this ground floor unit, you'll be greeted by recently installed wood look LVP floors that seamlessly enhance the overall aesthetics of the space. Enjoy privacy in the primary suite, complete with an ensuite bath and a double walk-in closet, thoughtfully separated from the additional three bedrooms and two full bathrooms. The modern kitchen features granite countertops, tile flooring, and stainless-steel appliances, (all new in the last two years). With its convenient location just half a mile away from the mesmerizing sandy white beach, you'll have easy access to the coastline's beauty and tranquility. Nautilus Cove is a gated condominium community that ensures both privacy and security. The community offers resort-style amenities, including a sparkling in-ground pool, a fitness center, playground, and BBQ grills. Convenience is at its finest with this property. Just 1.6 miles from Pier Park, you'll have quick access to a hub of entertainment, dining, and shopping options. Additionally, the proximity to ECP airport, a mere 14 miles away, ensures hassle-free travel experiences for you and your guests. Imagine stepping out of your door and immersing yourself in the scenic bike paths that wind through the vibrant surroundings! This coveted amenity offers endless possibilities for outdoor activities and exploration.Don't miss out on this incredible opportunity - Act now and make this sought-after property your own, indulging in the unparalleled lifestyle that Panama City Beach has to offer. HOA fees include water and sewer, so no water bill!

Details

Property type

Condominium

Est. home value

$290,381

Lot size

Unknown

Price per sq ft

$183

Year built

2007

Annual property taxes

$1,280

Monthly HOA fee

$472.09

Price History

02/01/2025
CentralPanhandle

CentralPanhandle #768295

Listed
$255,000
-6.93%
03/19/2024
CentralPanhandle

CentralPanhandle #746052

Removed
$274,000
02/20/2024
CentralPanhandle

CentralPanhandle #746052

Price change
$274,000
-0.36%

Schools & Community

Elementary school: 

Hutchison Beach

Middle school: 

Surfside

High school: 

Arnold

Community features: 

Pool, Gated, Clubhouse, Fitness Center, Playground

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

$24,852
Asking price
$255,000
Closing costs (~8% of asking)
-$20,400
Est. remaining loan balance
-$209,748
Cash to seller
$24,852

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

Seller’s Loan History

Lender

Navy Fcu

Loan start date

November 2021

Original loan amount

$225,000

Est. remaining balance

$209,748

Interest rate

3.05%

Loan type

VA, 30 year

Seller

Christopher J Sutton and Alexandra Silva Teixeira Sutton

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?

Status: Active

Tomo last checked: 02/05/2025 at 9:35 PM

Listing updated: 02/05/2025 at 6:20 PM

Listed by: Ronald S Shover, ERA Neubauer Real Estate, Inc Phone #: (850) 872-3434

MLS: CentralPanhandle #768295

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