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$570,000

Beds
3
Baths
2.0
sq ft
2,206

126 Palm Crossing Blvd, Panama City, FL 32408

126 Palm Crossing Blvd

Panama City Beach, FL 32408

  • 66 days on market
    • Price drop $20,000↓
Location! Location! Nestled in the charming Palm Bay neighborhood of Panama City Beach, FL., this beautiful home offers a tropical paradise surrounded by lush palm trees. Close to the stunning emerald green waters of the Gulf of Mexico, this home is perfect for those who love the beach life. 5-10 minutes to all of the favorite restaurants, Captain Anderson's, Off the Hook, Grand Marlin, Dirty Dick's Crab House. Watersport rentals are just down the road on Grand Lagoon that leads to the Gulf! Publix and other shopping close by on Thomas Drive. Updated in 2021, this home is also furnished. Porcelain tile throughout, cabinets, granite countertops, appliances, paint and fixtures, Roof, & water heater were replaced in 2019. The backyard (Heated) Pool area features a Tiki Bar! Walking sidewalk just outside of the neighborhood that leads to the beach. Come enjoy this beautiful home less than 5 minutes from the Gulf of Mexico!

Details

Property type

Single Family Residence

Est. home value

$604,628

Lot size

0.27 acres

Price per sq ft

$259

Year built

1993

Annual property taxes

$5,622

Monthly HOA fee

$48.33

Price History

09/11/2024
CentralPanhandle

CentralPanhandle #759777

Price change
$570,000
-3.39%
08/09/2024
CentralPanhandle

CentralPanhandle #759777

Price change
$590,000
-1.67%
07/29/2024
CentralPanhandle

CentralPanhandle #759777

Price change
$600,000
-1.64%

Schools & Community

Neighborhood: 

Upper Grand Lagoon

Elementary school: 

Patronis

Middle school: 

Surfside

High school: 

Arnold

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

$147,535
Asking price
$570,000
Closing costs (~8% of asking)
-$45,600
Est. remaining loan balance
-$376,865
Cash to seller
$147,535

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

Seller’s Loan History

Lender

Angel Oak Mortgage Solutions Llc

Loan start date

August 2021

Original loan amount

$404,000

Est. remaining balance

$376,865

Interest rate

2.93%

Loan type

New Conventional, 30 year

Seller

Luz Ortegon and Alexander Ortegon

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: 09/16/2024 at 2:05 PM

Listing updated: 09/11/2024 at 9:49 AM

Listed by: Julie M Macgregor, Berkshire Hathaway HomeServices Beach Properties of Florida Phone #: (850) 252-4160

MLS: CentralPanhandle #759777

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