tomo logo

$599,900

Beds
2
Baths
2.0
sq ft
1,358

16701 Front Beach Rd Unit 1602, Panama City Beach, FL 32413

16701 Front Beach Rd Unit 1602

Panama City Beach, FL 32413

  • 19 days on market
**2 BEDROOM, 2 BATHROOM, BUNK ROOM, ~1,368SF, GULF FRONT MASTER WITH BALCONY ACCESS, STERLING BREEZE CONDOMINIUMS IN PANAMA CITY BEACH, FL**. Sterling Breeze is a low density high rise on the West side of Panama City Beach and is the closest building to the West of Pier Park. This condo has an established rental history with bookings for 2025 that can convey to new owner with new management contract. Great size and price point for a 2 bedroom. Offers a Bunk Room instead of in the hallway. Also comes with a deeded exterior storage closet right outside the condo door that is super convenient for owner storage or for beach toy storage for guests. Short walk to Pier Park and all the activities, shops, restaurants and events that are constantly happening. Come check it out!!

Details

Property type

Condominium

Est. home value

$653,806

Lot size

Unknown

Price per sq ft

$442

Year built

2008

Annual property taxes

$6,379

Monthly HOA fee

$945

Price History

02/05/2025
CentralPanhandle

CentralPanhandle #768294

Listed
$599,900
+34.81%
12/23/2020
CentralPanhandle

CentralPanhandle #702324

Sold
$445,000

Schools & Community

Elementary school: 

Hutchison Beach

Middle school: 

Surfside

High school: 

Arnold

Community features: 

Pool, 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

$269,792
Asking price
$599,900
Closing costs (~8% of asking)
-$47,992
Est. remaining loan balance
-$282,116
Cash to seller
$269,792

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

Seller’s Loan History

Lender

Us Bank Na

Loan start date

December 2020

Original loan amount

$311,500

Est. remaining balance

$282,116

Interest rate

2.78%

Loan type

New Conventional, 30 year

Seller

Sharon L Them and John Buettgen

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?

Similar Homes Nearby

Price drop
CentralPanhandle
$620,000
2 bd
|
2 ba
|
1,249 sq ft
|
Condo

14825 Front Beach Rd Unit 2103, Panama City Beach, FL 32413

Price drop
CentralPanhandle
$599,000
2 bd
|
2 ba
|
1,238 sq ft
|
Condo

17545 Front Beach Rd Unit 2201, Panama City Beach, FL 32413

Price drop
CentralPanhandle
$550,000
2 bd
|
2 ba
|
1,182 sq ft
|
Condo

16819 Front Beach Rd Unit 2300, Panama City Beach, FL 32413

Status: Active

Tomo last checked: 02/24/2025 at 7:55 PM

Listing updated: 02/05/2025 at 5:49 PM

Listed by: Lauren G Cottrell, Engel & Volkers 30A Beaches Phone #: (850) 213-2800

MLS: CentralPanhandle #768294

CentralPanhandle logo