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$1,050,000

Beds
4
Baths
4.0
sq ft
2,669

125 12th St, Panama City Beach, FL 32413

125 12th St

Panama City Beach, FL 32413

  • <1 day on market
Welcome to this beautifully designed, custom-built coastal retreat in Laguna Beach Estates, just 0.1 miles from Beach Access #77! This three-story home with a private elevator features four bedrooms and four bathrooms, thoughtful architecture, elegant design, and modern conveniences, making it ideal for beachside living, entertaining, or investment.Step inside to soaring ceilings and an open-concept layout, where natural light enhances granite countertops, custom cabinetry, and premium finishes. The private elevator provides seamless access to all three levels, while the spacious balconies invite you to soak in the Gulf breeze and stunning sunsets. The entire third floor is a private primary suite with gulf views. a spa-like en-suite bath with a whirlpool tub, creating the ultimate retreat.Designed with both luxury and functionality in mind, this home is equipped with a built-in speaker system on the 2nd and 3rd floors, perfect for creating the ideal ambiance. Smart home security with Google cameras provides peace of mind, while an outdoor shower offers a refreshing way to rinse off after a day at the beach. There is a garage and space for four additional vehicles, ensuring ample room for guests. With the flexibility for short-term rentals, this property presents a prime investment opportunity while offering the perfect setting for a full-time residence or a relaxing vacation home by the beach. Located minutes from Pier Park, Frank Brown Park, Thomas Donut & Snack Shop, and Dusty's Oyster Bar, this home offers the perfect blend of relaxation, convenience, and timeless design.Don't miss out on this exceptional coastal homea''schedule your private tour today and seize the opportunity to make it yours!

Details

Property type

Single Family Residence

Est. home value

$1,082,138

Lot size

1,481 sq ft

Price per sq ft

$394

Year built

2006

Annual property taxes

$8,671

Monthly HOA fee

$135

Price History

02/15/2025
CentralPanhandle

CentralPanhandle #769267

Listed
$1,050,000
+36.36%
09/08/2021
EmeraldCoast

EmeraldCoast #877617

Sold
$770,000

Schools & Community

Elementary school: 

West Bay

Middle school: 

Surfside

High school: 

Arnold

Community features: 

Gated

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

$459,942
Asking price
$1,050,000
Closing costs (~8% of asking)
-$84,000
Est. remaining loan balance
-$506,058
Cash to seller
$459,942

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

Seller’s Loan History

Lender

Draper & Kramer Mortgage Corp

Loan start date

September 2021

Original loan amount

$548,000

Est. remaining balance

$506,058

Interest rate

2.78%

Loan type

New Conventional, 30 year

Seller

Sonja L Byrd and Eivind K Lorgen

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: 02/24/2025 at 5:00 AM

Listing updated: 02/24/2025 at 1:59 AM

Listed by: Brad Amerson, Compass Florida, LLC Phone #: (305) 851-2820

MLS: CentralPanhandle #769267

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