tomo logo

$449,000

Beds
1
Baths
2.0
sq ft
914

16701 Front Beach Rd Unit 605, Panama City Beach, FL 32413

16701 Front Beach Rd Unit 605

Panama City Beach, FL 32407

  • 200 days on market
    • Price drop $13,000↓
Welcome to your seaside retreat, where stunning Gulf views and modern comfort combine effortlessly. This freshly painted, 1-bedroom, 2-bathroom condo is a gem along the coast, offering not just a home, but an experience. Step inside to discover a beautifully renovated space featuring quartz countertops, elegant finishes, and new, stylish furniture. The living area is spacious, inviting you to unwind and soak in the breathtaking views of the Gulf from the comfort of your own home. The bedroom is a tranquil oasis, offering privacy and relaxation. With two full bathrooms, including an en-suite master bath, convenience is at your fingertips. One unique feature of this condo is the hallway bunk beds, providing additional sleeping space for guests or family members. This condo isn't just a place to liveit's also a lucrative investment opportunity. With its prime Gulf-front location and desirable amenities, it has great potential as a short-term rental, allowing you to generate income while enjoying your own piece of paradise. Don't miss out on this incredible opportunity to own a Gulf-front condo with both comfort and investment potential. Schedule your viewing today!

Details

Property type

Condominium

Est. home value

$479,582

Lot size

Unknown

Price per sq ft

$492

Year built

2008

Monthly HOA fee

$845

Price History

07/03/2024
EmeraldCoast

EmeraldCoast #949289

Price change
$449,000
-2.81%
05/29/2024
EmeraldCoast

EmeraldCoast #949289

Price change
$462,000
-1.49%
05/07/2024
EmeraldCoast

EmeraldCoast #949289

Listed
$469,000
+21.35%

Schools & Community

Elementary school: 

Hutchinson 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

$217,470
Asking price
$449,000
Closing costs (~8% of asking)
-$35,920
Est. remaining loan balance
-$195,610
Cash to seller
$217,470

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

Seller’s Loan History

Lender

Fbt Mortgage Llc

Loan start date

June 2019

Original loan amount

$217,600

Est. remaining balance

$195,610

Interest rate

4.1%

Loan type

New Conventional, 30 year

Seller

Brian E Wiese and Angela L Wiese

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 2:35 AM

Listing updated: 11/14/2024 at 12:16 PM

Listed by: Chad A Roig, 1 Percent Lists Florida Coast Phone #: (850) 376-3865

MLS: EmeraldCoast #949289

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