tomo logo

$179,000

Beds
2
Baths
1.0
sq ft
1,008

1603 Louisiana Ave, Panama City, FL 32405

1603 Louisiana Ave

Panama City, FL 32405

  • 59 days on market
HUGE INVESTMENT! - Discover an incredible opportunity with this CASH FLOWING INVESTMENT property, perfect for the investor seeking a gem with minor work. This rare 2-bedroom home is a true find, featuring a welcoming living room at the front of the house, spacious kitchen updated in 2022 with sleek new cabinets, stylish butcher block countertops, and beautiful white backsplash. The bathroom is situated between both of the bedrooms consisting of a walk in shower. Additional property features include NEW WINDOWS THROUGHOUT(2021), a charming front porch for relaxing in the evenings, and a sizable backyard for entertaining or gardening. Positioned in a prime location convenient to all the restaurants, shops, and doctor's offices on 23rd street. You'll also have quick access to HWY 231 and HWY 77 for easy commuting in and out of the city. FLOOD ZONE X - NO HOA - This property won't last long. Call your Realtor today for showing details.

Details

Property type

Single Family Residence

Est. home value

$151,698

Lot size

6,970 sq ft

Price per sq ft

$178

Year built

1947

HOA

No

Price History

10/21/2024
CentralPanhandle

CentralPanhandle #764214

Listed
$179,000

Schools & Community

Elementary school: 

Cedar Grove

Middle school: 

Jinks

High school: 

Bay

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

Boyd Loan Funding I Llc

Loan start date

January 2022

Original loan amount

$68,750

Est. remaining balance

Not provided

Interest rate

3.1%

Loan type

Commercial

Seller

1603 Louisiana Avenue Llc

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: 12/23/2024 at 2:40 AM

Listing updated: 10/24/2024 at 4:10 PM

Listed by: Katilyn Scott, Compass Florida, LLC Phone #: (305) 851-2820

MLS: CentralPanhandle #764214

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