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$4,699,000

Beds
6
Baths
7.0
sq ft
3,910

12401 Front Beach Rd, Panama City Beach, FL 32407

12401 Front Beach Rd

Panama City Beach, FL 32407

  • 185 days on market
Step into a realm of coastal luxury with this magnificent 6 bedroom/6 bathroom 2 half bath beachfront retreat, designed to accommodate up to 16 guests in unparalleled comfort. Nestled against the shoreline, this haven offers an array of exceptional amenities that promise an unforgettable escape. Immerse yourself in the allure of outdoor leisure with a dedicated lawn game area featuring foot pool, cornhole, and mini golf. A symphony of style awaits within, where each corner is adorned with tasteful decor. A fully equipped kitchen and a convenient kitchenette cater to your culinary desires, ensuring every meal is a delight. There is an indoor elevator equipped in this home to help quickly and conveniently navigate between floors. This beachfront gem also showcases private walkout balconies with soothing Gulf views on every floor, accessible from each bedroom.

Details

Property type

Single Family Residence

Est. home value

$4,481,845

Lot size

9,060 sq ft

Price per sq ft

$1,202

Year built

2022

Annual property taxes

$41,487

HOA

No

Price History

06/20/2024
CentralPanhandle

CentralPanhandle #758926

Listed
$4,699,000
+4.42%
06/08/2023
CentralPanhandle

CentralPanhandle #739259

Sold
$4,500,000
+7.14%
03/04/2022
CentralPanhandle

CentralPanhandle #717404

Sold
$4,200,000

Schools & Community

Elementary school: 

Hutchison Beach

Middle school: 

Surfside

High school: 

Arnold

Community features: 

Pool, Golf, 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

$785,711
Asking price
$4,699,000
Closing costs (~8% of asking)
-$375,920
Est. remaining loan balance
-$3,537,369
Cash to seller
$785,711

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

Seller’s Loan History

Lender

Hsbc Bank Usa

Loan start date

June 2023

Original loan amount

$3,600,000

Est. remaining balance

$3,537,369

Interest rate

6.39%

Loan type

New Conventional, 30 year

Seller

John Elden Mashtare Jr

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?

Similar Homes Nearby

CentralPanhandle
$4,500,000
6 bd
|
6.5 ba
|
3,990 sq ft
|
House

13643 Front Beach Rd, Panama City Beach, FL 32413

Status: Active

Tomo last checked: 12/23/2024 at 6:10 PM

Listing updated: 12/02/2024 at 10:50 AM

Listed by: Tyler Poole, Holiday Beach Real Estate Inc Phone #: (850) 660-5108

MLS: CentralPanhandle #758926

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