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$260,000

Beds
Unknown
Baths
1.0
sq ft
330

14401 Front Beach 402 Road Unit 402, Panama City Beach, FL 32413

14401 Front Beach 402 Road Unit 402

Panama City Beach, FL 32413

  • 133 days on market
    • Price drop $5,000↓
Welcome to the historic Fontaine Bleau in Panama City Beach, where coastal chic meets classic elegance. This recently remodeled studio condo offers a unique blend of style and comfort, making it the perfect beachside retreat for couples or girls getaways. Upon entering, you'll be captivated by the open concept living area featuring beautiful granite countertops and sleek stainless steel appliances. The cozy atmosphere and thoughtful design make this studio a true gem. With a sleeper sofa, this unit comfortably accommodates up to 3 people.The rental potential of this condo is outstanding, with a potential ROI of up to 45k. Whether you're considering it as an investment property or a personal vacation home, it's the ideal opportunity to generate substantial income while enjoying the benefits of coastal living.The Fontaine Bleau offers a myriad of amenities to enhance your stay. Take advantage of the two laundry facilities, ensuring your convenience during your time here. Relax by the large beachside pool, soak up the sun, and indulge in the tranquil atmosphere. Additionally, the community room provides the perfect space to gather with friends or neighbors.Although there are assessments, the advantage is that the exterior of the building is undergoing a complete overhaul, promising a refreshed and revitalized appearance akin to a brand new property. You'll have the pleasure of owning a condo in a building that embodies both historical charm and modern allure.As an owner at the Fontaine Bleau, you'll also have the opportunity to appreciate the various outdoor sitting areas, allowing you to revel in the natural beauty that surrounds you. Enjoying leisure walks along the nearby shoreline, this coastal paradise offers an abundance of memorable experiences. Whether you seek a serene coastal getaway or an investment opportunity that promises lucrative returns, this studio condo is the perfect choice. Don't miss out on this chance to experience the ultimate beachside escape.

Details

Property type

Condominium

Est. home value

$253,645

Property condition

Under Construction
Updated/Remodeled

Lot size

Unknown

Price per sq ft

$788

Year built

1965

Annual property taxes

$1,456

Monthly HOA fee

$795

Price History

03/06/2024
CentralPanhandle

CentralPanhandle #749926

Price change
$260,000
-1.89%
01/19/2024
CentralPanhandle

CentralPanhandle #749926

Listed
$265,000
+1.92%
12/05/2023
CentralPanhandle

CentralPanhandle #749926

Listed
$260,000

Schools & Community

Elementary school: 

Hutchison Beach

Middle school: 

Surfside

High school: 

Arnold

Tracey, Home Search Advisor
Tracey
Home Search Advisor

How can I help? Hi, I’m Tracey, your real estate expert. Send me your questions about this listing or about shopping for homes.

Response time: 20 min or less

or text or call (404) 738-5385

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

$96,007
Asking price
$260,000
Closing costs (~8% of asking)
-$20,800
Est. remaining loan balance
-$143,193
Cash to seller
$96,007

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

Seller’s Loan History

Lender

Clinton Shaver Etal

Loan start date

April 2023

Original loan amount

$155,000

Est. remaining balance

$143,193

Interest rate

5.76%

Loan type

New Conventional, 10 year

Seller

Gonzalo Gonzalez Jr and Lisa Lynn Gonzalez

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: 04/16/2024 at 6:35 PM

Listing updated: 03/11/2024 at 2:26 PM

Listed by: Sandi Smith, Keller Williams Success Realty Phone #: (850) 249-0313

MLS: CentralPanhandle #749926

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The data relating to real estate for sale on this website comes in part from the Internet Data exchange program of Central Panhandle Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2024 Central Panhandle Association of REALTORS®. All Rights Reserved.