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$458,000

Beds
1
Baths
2.0
sq ft
914

16701 Front Beach Rd Unit 1605, Panama City Beach, FL 32413

16701 Front Beach Rd Unit 1605

Panama City Beach, FL 32413

  • 546 days on market
    • Price drop $3,000↓
6/5 Update: The new buyer will receive a $10,000 decorating credit!Welcome to Sterling Breeze #1605, an exceptional property offering breathtaking Gulf views. This 16th-floor, one-bedroom, two-bath condo is a must-see, featuring numerous updates and stunning features. Step into the spacious living area flooded with natural light, courtesy of floor-to-ceiling windows that showcase panoramic Gulf views. Meticulously updated, the condo offers a modern and stylish living environment. Accommodating up to 6 guests, this fully furnished unit is rental-ready, with projected gross rentals of $45k-$50k. The well-designed layout includes a primary bedroom, two bathrooms, and ample living space for privacy and functionality. It's an ideal option for vacation rentals, a second home, or a full-time residence.

Details

Property type

Condominium

Est. home value

$470,140

Lot size

Unknown

Price per sq ft

$502

Year built

2008

Annual property taxes

$3,390

Monthly HOA fee

$728

Price History

10/09/2024
CentralPanhandle

CentralPanhandle #741984

Listed
$458,000
10/01/2024
CentralPanhandle

CentralPanhandle #741984

Removed
$458,000
07/03/2024
CentralPanhandle

CentralPanhandle #741984

Price change
$458,000
-0.65%

Schools & Community

Elementary school: 

Hutchison Beach

Middle school: 

Surfside

High school: 

Arnold

Community features: 

Pool, Fitness Center

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

Sullivan Bank

Loan start date

March 2022

Original loan amount

$355,000

Est. remaining balance

Not provided

Interest rate

3.69%

Loan type

Future Advance Clause / Open End Mortgage, 5 year

Seller

Jscrh 30A 1 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: 11/23/2024 at 2:15 AM

Listing updated: 10/09/2024 at 10:48 AM

Listed by: Brad Hilderbrand, Coastal Abode Phone #: (850) 246-1809

MLS: CentralPanhandle #741984

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