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$988,631

Beds
3
Baths
3.5
sq ft
1,368

16328 Front Beach Rd Unit 18, Panama City Beach, FL 32413

16328 Front Beach Rd Unit 18

Panama City Beach, FL 32413

  • 65 days on market
    • Price drop $10,000↓
Across the street from the beach!''Step into the home of your dreams, complete with high-end luxury finishes, breathtaking Gulf views, and just minutes from Pier Park! This stunning **3-story, fully furnished beach retreat** offers the perfect coastal lifestyle, All the flooring is vinyl plank, except for the baths that have tile.Unwind on your private third-floor balcony, where you can enjoy panoramic views of the Gulf and catch those iconic cotton candy sunsets. With the ocean breeze in your face, this home offers a rare blend of elegance, comfort, and unbeatable location. **Don't miss out--this one will go fast!**''

Details

Property type

Condominium

Est. home value

$741,690

Lot size

Unknown

Price per sq ft

$723

Year built

2002

Annual property taxes

$7,655

Monthly HOA fee

$315

Price History

11/16/2024
CentralPanhandle

CentralPanhandle #764038

Price change
$988,631
-1%
10/18/2024
CentralPanhandle

CentralPanhandle #764038

Listed
$998,631
+249.17%
09/24/2013
CentralPanhandle

CentralPanhandle #506558

Sold
$286,000

Schools & Community

Elementary school: 

Hutchison Beach

Middle school: 

Surfside

High school: 

Arnold

Community features: 

Pool

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

$768,677
Asking price
$988,631
Closing costs (~8% of asking)
-$79,090
Est. remaining loan balance
-$140,864
Cash to seller
$768,677

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

Seller’s Loan History

Lender

Together Cu

Loan start date

November 2021

Original loan amount

$171,500

Est. remaining balance

$140,864

Interest rate

2.28%

Loan type

New Conventional, 15 year

Seller

Gregory J Backstrom and Rita L Backstrom

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 6:35 PM

Listing updated: 11/20/2024 at 5:11 PM

Listed by: Beth A Jones, Blue Swell Realty Phone #: (855) 233-7037

MLS: CentralPanhandle #764038

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