tomo logo

$339,998

Beds
2
Baths
1.5
sq ft
972

149 Damon Cir, Panama City Beach, FL 32407

149 Damon Cir

Panama City Beach, FL 32407

  • 141 days on market
    • Price drop $10,000↓
Indulge in the perfect blend of revenue potential and coastal charm with this meticulously upgraded townhouse in the sought-after Gulf Highlands community. This exceptional residence, currently a booked vacation rental on track to achieve over $40,000 in rental revenue since the new year, offers not just a home but an investment opportunity with remarkably low insurance costs.Step inside and be captivated by the modern allure of this turnkey property. The interiors have been transformed with exquisite upgrades, including quartz countertops, new cabinets, and renovated bathrooms. Immerse yourself in the comfort of all-new furnishings and flooring that contribute to an elevated living experience.The kitchen, a focal point of this residence, features top-tier stainless steel appliances and high-end fixtures, adding a touch of brilliance to each room. The attention to detail is apparent throughout, ensuring that every corner reflects a commitment to quality and aesthetics.Gulf Highlands, situated in a prime location, offers beach access, a selection of pools, shuffleboard, tennis, and more. It's not just a residence; it's a lifestyle. Enjoy the convenience of nearby shopping and dining, making every day a coastal retreat. Don't miss the chance to own a piece of paradise that doubles as a lucrative investment.

Details

Property type

Townhouse

Est. home value

$349,599

Lot size

784 sq ft

Price per sq ft

$350

Year built

1985

Monthly HOA fee

$363.38

Price History

05/31/2024
CentralPanhandle

CentralPanhandle #755921

Price change
$339,998
-2.86%
04/19/2024
CentralPanhandle

CentralPanhandle #755921

Listed
$349,998
+40%
04/20/2023
CentralPanhandle

CentralPanhandle #738345

Sold
$250,000

Schools & Community

Elementary school: 

Hutchison Beach

Middle school: 

Surfside

High school: 

Arnold

Community features: 

Pool, Gated

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Whitney Bank

Loan start date

April 2023

Original loan amount

$187,500

Est. remaining balance

Not provided

Interest rate

6.65%

Loan type

Future Advance Clause / Open End Mortgage

Seller

Jr On 30A Investment Company

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: 09/08/2024 at 5:25 AM

Listing updated: 06/25/2024 at 2:44 PM

Listed by: Jossalyn A Wallace, EXP Realty LLC Phone #: (888) 883-8509

MLS: CentralPanhandle #755921

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