tomo logo

$1,850,000

Beds
3
Baths
4.5
sq ft
4,189

1212 E Park St, Panama City, FL 32404

1212 E Park St

Panama City, FL 32404

  • 2 days on market
Welcome to an exquisite private WATERFRONT estate, where transitional finishes seamlessly blend with modern luxuries. Situated on over half an acre with 100 feet of water frontage, this home offers unparalleled south-facing bay views and breathtaking sunsets. The lifestyle here is all about enjoying the water--whether it's diving into the pool after a day at Shell Island or relaxing on the back patio with a year-round sea breeze.This gated waterfront state ensures ultimate privacy with lush landscaping, a boat dock and lift, pool and 4,189 square feet of living space. Inside, you'll find exceptional finishes, including white oak, oiled-finish hardwood floors throughout, a Chef's kitchen with exquisite water views, and spacious interiors. This home features 3 bedrooms, 4.5 baths, a bonus game room/flex room with wet bar, a 600-bottle, foam-encapsulated and temperature-controlled wine room, and a home office, making it the perfect forever home on the water.Recently renovated with the highest quality of construction, this contemporary and modern design spans mostly one level, offering expansive outdoor living areas, an incredible boat dock and boat lift, and a luxurious pool. The 2019-built dock is designed for boating enthusiasts, featuring high-end ThruFlow grated decking, a 10k lb Golden boat lift with a covered boat house, low-profile solar lighting, security motion cameras, and ample gear storage.Upon arrival, a gated entrance with natural native landscaping and the soothing sounds of the Bay welcome you. The outdoor entertaining area includes multiple seating areas, a 36'' Cowboy Cauldron Fire Pit next to the pool, and plenty of space for activities like boating, kayaking, paddleboarding, fishing, and sunbathing. This location is well-known for it's proximity to the new sports complex that residents can enjoy including pickleball, basketball and a dog park. This home is also just minutes from Tyndall Air Force Base as well as a short drive to the World's Most Beautiful Beaches!As you step into the charming covered entry, you'll be captivated by the meticulous millwork and stunning waterfront views. The great room, with its high ceilings and full-glass windows and doors, leads to covered and open patios where you can enjoy both the pool and the Bay. The Chef's kitchen, located just off the living area, features an oversized island, high end Samsung stainless appliances, and a walk-in pantry. The dining room, open to the living room, connects to a 600-bottle capacity custom wine room, making this home ideal for entertaining on the waterfront.This estate offers everything Florida's waterfront lifestyle has to offer, making it the perfect sanctuary for those seeking luxury and tranquility. Don't miss this opportunity to live your best life...on the water in Panama City, Florida!

Details

Property type

Single Family Residence

Est. home value

$872,673

Lot size

0.54 acres

Price per sq ft

$442

Year built

1954

HOA

No

Price History

01/24/2025
CentralPanhandle

CentralPanhandle #767684

Listed
$1,850,000
-7.5%
01/21/2025
CentralPanhandle

CentralPanhandle #761936

Removed
$2,000,000
11/09/2024
CentralPanhandle

CentralPanhandle #761936

Price change
$2,000,000
-4.76%

Schools & Community

Elementary school: 

Parker

Middle school: 

Rutherford Middle

High school: 

Rutherford

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Bank Of America Na

Loan start date

November 2021

Original loan amount

$372,100

Est. remaining balance

$346,201

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

Kenneth Thomas and Kelly Thomas

Lender

Bank Of America Na

Loan start date

January 2017

Original loan amount

$100,000

Est. remaining balance

Not provided

Interest rate

3.12%

Loan type

Credit Line (Revolving), 30 year

Seller

Kenneth Thomas and Kelly Lisa Thomas

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: 01/26/2025 at 11:05 PM

Listing updated: 01/24/2025 at 6:20 PM

Listed by: Sostheim Group, Corcoran Reverie Phone #: (850) 231-5030

MLS: CentralPanhandle #767684

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