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$1,350,000

Beds
3
Baths
3.0
sq ft
1,392

15817 Front Beach Rd Unit 1-101, Panama City Beach, FL 32413

15817 Front Beach Rd Unit 1-101

Panama City Beach, FL 32413

  • 146 days on market
Stunning Ground Floor Gulf Front Condo!Welcome to your dream condo, recently renovated, and offering three full bedrooms and three bathrooms. This spacious ground floor unit features a large living area with breathtaking views of the Calypso pools and the sugar-white sands of Panama City Beach. Enjoy the convenience of easy parking and unloading with two deeded parking spots, 1P-15 and 1p-16, right under Calypso Tower I. No need to wait for elevators or deal with heights - just walk into paradise.Calypso Resort boasts a fully renovated fitness center, two beautiful Gulf-facing pools, and a fun tiki bar offering blended frozen drinks and your favorite beverages. With direct boardwalk access to the beach, you're just steps away from the sugar white sands of Panama City Beach and beautiful views of the Gulf of Mexico.For shopping enthusiasts, Pier Park Outdoor Mall is right across the street, perfect for a day of shopping and dining. Anglers will love the proximity to Russell Fields City Pier, renowned for its fantastic fishing opportunities with catches like Cobia, King Mackerel, Redfish, and more.This unit is not only ideal for full-time residents, but also a fantastic vacation rental, with rental projections from Panhandle Getaways estimating around $95,000 annually. Don't miss this opportunity to own a piece of paradise on Panama City Beach!

Details

Property type

Condominium

Est. home value

$1,024,873

Lot size

Unknown

Price per sq ft

$970

Year built

2006

Annual property taxes

$6,068

Monthly HOA fee

$883.63

Price History

07/27/2024
CentralPanhandle

CentralPanhandle #760579

Listed
$1,350,000
+196.7%
03/20/2015
CentralPanhandle

CentralPanhandle #624832

Sold
$455,000

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

$1,027,377
Asking price
$1,350,000
Closing costs (~8% of asking)
-$108,000
Est. remaining loan balance
-$214,623
Cash to seller
$1,027,377

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

Seller’s Loan History

Lender

Regions Mortgage

Loan start date

November 2012

Original loan amount

$300,000

Est. remaining balance

$214,623

Interest rate

3.39%

Loan type

New Conventional, 30 year

Seller

Anil Malik and Kusum Gill

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 10:15 AM

Listing updated: 12/02/2024 at 11:20 AM

Listed by: Heather H Neubauer, ERA Neubauer Real Estate Inc Phone #: (850) 785-1551

MLS: CentralPanhandle #760579

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