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$439,000

Beds
1
Baths
2.0
sq ft
914

16701 Front Beach Rd Unit 603, Panama City Beach, FL 32413

16701 Front Beach Rd Unit 603

Panama City Beach, FL 32413

  • 248 days on market
    • Price drop $1,000↓
AMAZING RENTAL HISTORY WITH 2022 PRODUCING $55,514.93 AND 2023 PRODUCING $53,043.16! $43K YTD with another $3K on the books for 2024! Great condo in excellent condition! This one of a kind property conjures up images of sun-splashed days of swimming, biking, and relaxing. It lives like a beach house but comes with all the benefits of owning a condo. This property has been upgraded to the owners discerning taste and then meticulously maintained. Hard surface flooring throughout and conveys with all furnishings, window treatments, and artwork that welcome you to lie back, relax, and enjoy panoramic views of the pool, beach and ocean. Condo has 9' ceilings throughout. Efficient floor-plan allows for fabulous Gulf and sunset views from balcony, living room, dining room, kitchen, providing the ultimate alfresco living and entertaining environment! New HVAC in 2022 and rental history for the last two years exceeds 50K!!

Details

Property type

Condominium

Est. home value

$463,151

Lot size

Unknown

Price per sq ft

$481

Year built

2008

Annual property taxes

$4,644

Monthly HOA fee

$845

Price History

10/23/2024
CentralPanhandle

CentralPanhandle #754312

Price change
$439,000
-0.23%
10/23/2024
CentralPanhandle

CentralPanhandle #754312

Price change
$440,000
-2.22%
07/29/2024
CentralPanhandle

CentralPanhandle #754312

Price change
$450,000
-4.26%

Schools & Community

Elementary school: 

Hutchison Beach

Middle school: 

Surfside

High school: 

Arnold

Community features: 

Pool, Fitness Center, Fishing

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

Fbt Mortgage

Loan start date

December 2021

Original loan amount

$304,000

Est. remaining balance

Not provided

Interest rate

3.14%

Loan type

Commercial, 30 year

Seller

Sterling Breeze 603 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: 11/19/2024 at 8:30 AM

Listing updated: 10/23/2024 at 5:10 PM

Listed by: John B Skinner Jr., Keller Williams Realty Emerald Phone #: (850) 654-2900

MLS: CentralPanhandle #754312

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