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$139,500

Beds
Unknown
Baths
1.0
sq ft
330

14401 Front Beach Rd Unit 303, Panama City Beach, FL 32413

14401 Front Beach Rd Unit 303

Panama City Beach, FL 32413

  • 149 days on market
    • Price drop $2,500↓
Step into coastal charm and modern comfort with this beautifully renovated studio at Fontainebleau Terrace, Unit 303! Fully furnished and ready for you to move in or welcome guests, this studio is a turn-key opportunity for short-term rental income or your own relaxing retreat. Currently listed with Vacasa, it's already poised to start generating returns from day one.Inside, you'll find thoughtfully updated interiors, including stylish furnishings, new mattresses, a refreshed bathroom, and a recently upgraded AC unit for year-round comfort. The attention to detail ensures an inviting and carefree living experience.Fontainebleau Terrace itself has undergone significant updates over the past two years, offering peace of mind with its recent renovations. The complex boasts fantastic amenities, including expansive viewing decks, a 9-ft pool, an owner's lounge, and a grilling patio--perfect for enjoying life by the beach. Onsite laundry facilities and a newly acquired adjacent property for additional parking add to the convenience.Priced under $140K, this is a rare find for a beachfront studio with so much to offer! While a building assessment is in place, it's hard to match the incredible value and potential this property provides. Don't miss this chance to own a slice of paradise at an unbeatable price.The motivated seller is ready to make your dream of beachside living or investment a reality. Schedule your showing today--this gem won't last long!

Details

Property type

Condominium

Est. home value

$180,974

Lot size

Unknown

Price per sq ft

$423

Year built

1965

Annual property taxes

$1,950

Monthly HOA fee

$795

Price History

11/19/2024
CentralPanhandle

CentralPanhandle #760536

Price change
$139,500
-1.76%
11/05/2024
CentralPanhandle

CentralPanhandle #760536

Price change
$142,000
-3.4%
10/18/2024
CentralPanhandle

CentralPanhandle #760536

Price change
$147,000
-2%

Schools & Community

Elementary school: 

Hutchison Beach

Middle school: 

Surfside

High school: 

Arnold

Community features: 

Pool, Clubhouse, Fitness Center

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

$48,103
Asking price
$139,500
Closing costs (~8% of asking)
-$11,160
Est. remaining loan balance
-$80,237
Cash to seller
$48,103

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

Seller’s Loan History

Lender

Renasant Bank

Loan start date

April 2021

Original loan amount

$101,250

Est. remaining balance

$80,237

Interest rate

2.38%

Loan type

New Conventional, 15 year

Seller

Tyler Whorton and Natalie Whorton

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: 12/22/2024 at 7:35 PM

Listing updated: 12/15/2024 at 3:09 PM

Listed by: Tyler S Smith, Beach Haven Realty Phone #: (770) 596-6599

MLS: CentralPanhandle #760536

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