tomo logo

$2,000,000

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

  • 86 days on market
    • Price drop $100,000↓
Welcome to a private WATERFRONT estate where transitional finishes meet modern luxuries on over .5 acre with 100' water frontage. You will relish in the most incredible sunsets with this home that faces due south with 180 degrees of pure bay views. This waterfront home is all about the lifestyle you'll be enjoying. It's about getting off the boat from Shell Island and cannonballing into the pool. It's about sitting on the back patio enjoying the sea breeze year-round. This home is about living your best life.This estate features unmatched privacy on the waterfront with a pool, lush landscaping and a boat dock and 4,189 square feet of living space. The interior of this home offers remarkable finishes with 3 bedrooms, 4.5 baths, a bonus game room/flex room, wine room and home office. With beautiful white oak, oiled-finish hardwood floors flowing throughout, a Chef's kitchen, spacious interiors and these waterfront views - this is sure to be the perfect forever home on the water. Nestled on the shores of the Bay, sits a truly quaint and peaceful oasis of natural coastal beauty and a home of remarkable contemporary and modern design. This private estate was recently fully renovated and masterfully re-designed with the highest quality of construction and spans mostly one single level with impeccable pure Bay views offering expansive outdoor living areas, an incredible boat dock and a luxurious pool. With the open Bay at your fingertips and the pass opening to the Gulf of Mexico just 6 nautical miles away with NO idle speed zones in between, this luxury residence provides endless opportunities for fishing and boating enthusiasts. The 2019-built dock has been thoughtfully designed and is perfect for your center console or bay boat featuring high-end ThruFlow grated decking, a 10k lb Golden boat lift with boat house, low-profile solar lighting, security motion cameras and comes ready to enjoy with 2 large gear deck boxes and Polywood adirondak chairs and table! Upon initial approach, you are welcomed by a gated entrance with natural native landscaping and the soothing sounds of the Bay. This impressive waterfront home is framed by picturesque views of the Bay, surrounded by cascading sounds of the saltwater pool and seemingly blur the line between indoors and out. The home includes a remarkable outdoor entertaining area including multiple seating areas, covered and open, a 36'' Cowboy Cauldron Fire Pit and plenty of room for the kids to run from the dock to the backyard after a day on the boat! Situated on a large homesite at over .5 acre, this estate and its amenities are designed for enjoying boating, kayaking, paddleboarding, fishing, sunbathing and relaxing - everything Florida's waterfront lifestyle has to offer! Step into the charming, covered entry and as you enter the main level, you'll be drawn to the alluring ceiling with meticulous millwork and immediately your eyes will go to the stunning waterfront views. You'll be captivated by a great room that offers tranquility and relaxation. This area features high ceilings and full-glass windows and doors leading out onto the covered and open patios where you'll enjoy both pool and Bay. From here you can take in gorgeous year-round sunsets as they sink into the horizon each evening. The Chef's kitchen is located just off the living area and offers an oversized island with upgraded Samsung appliances and a walk-in pantry. Connecting the perfect entertaining area, the dining room is open to the living room and one of the most incredible features of this home: a 600+ bottle capacity wine room that is foam-encapsulated and temperature controlled. It's luxury features like this that are second-to-none and make this house the forever home for entertaining!

Details

Property type

Single Family Residence

Est. home value

$872,673

Lot size

0.54 acres

Price per sq ft

$478

Year built

1954

Annual property taxes

$6,390

HOA

No

Price History

11/09/2024
CentralPanhandle

CentralPanhandle #761936

Price change
$2,000,000
-4.76%
08/28/2024
CentralPanhandle

CentralPanhandle #761936

Listed
$2,100,000
+271.68%
09/09/2013
EmeraldCoast

EmeraldCoast #578155

Sold
$565,000

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

$347,623

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?

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Status: Active

Tomo last checked: 11/22/2024 at 11:10 PM

Listing updated: 11/09/2024 at 10:50 AM

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

MLS: CentralPanhandle #761936

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