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$410,000

Beds
3
Baths
2.5
sq ft
1,380

16246 E Lullwater Dr, Panama City Beach, FL 32413

16246 E Lullwater Dr

Panama City Beach, FL 32413

  • 90 days on market
    • Price drop $9,000↓
    • Open house Feb 09
This fabulous location is less than a mile to the nearest public beach access and approximately a 1/2 mile to Pier Park. The world famous 30A is less than 30 minutes to the west. There are many well known restaurants nearby. This very well built 3 bedrooms and 2 1/2 baths home has double panes hurricane windows and 2x6 studs. The two large covered porches are a great place for the family to relax.Seller appreciates our veteran community and is offering to cover all closing costs for a full price offer using VA financing.

Details

Property type

Single Family Residence

Lot size

7,579 sq ft

Price per sq ft

$298

Year built

2022

Annual property taxes

$3,190

HOA

No

Price History

02/07/2025
CentralPanhandle

CentralPanhandle #764901

Price change
$410,000
-2.15%
01/20/2025
CentralPanhandle

CentralPanhandle #764901

Price change
$419,000
-2.33%
01/02/2025
CentralPanhandle

CentralPanhandle #764901

Price change
$429,000
-9.68%

Schools & Community

Elementary school: 

Hutchison Beach

Middle school: 

Surfside

High school: 

Arnold

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

$14,399
Asking price
$410,000
Closing costs (~8% of asking)
-$32,800
Est. remaining loan balance
-$362,801
Cash to seller
$14,399

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

Seller’s Loan History

Lender

Castle Mortgage Corp

Loan start date

June 2022

Original loan amount

$377,000

Est. remaining balance

$362,801

Interest rate

5.3%

Loan type

New Conventional, 30 year

Seller

Southernmost Homes Inc

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: 02/08/2025 at 6:55 PM

Listing updated: 02/07/2025 at 3:40 PM

Listed by: Kelly R McGrath, Realty One Group Emerald Coast Phone #: (850) 238-8338

MLS: CentralPanhandle #764901

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