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$515,000

Beds
1
Baths
2.0
sq ft
923

16819 Front Beach Rd Unit 1712, Panama City Beach, FL 32413

16819 Front Beach Rd Unit 1712

Panama City Beach, FL 32413

  • 175 days on market
GREAT FLOOR PLAN, Gulf Front views from the living area and the main bedroom. Bunk area near guest bath. There are a limited number of the L floor plan. This unit has a Contemporary flair and really all the work has been done to make it a turnkey opportunity. The addition of a storage area sets it apart from the other 1 bedroom Tidewater units. Property has 7 elevators, 3 pools (1 inside), theater, exercise and sauna, onsite dining. You will never have to leave the property. However if you chose to leave the premises you can enjoy Pier Park and all the surrounding restaurants. Lots of activities to appeal to everyone. You will be happy you decided to purchase at Tidewater!

Details

Property type

Condominium

Est. home value

$495,202

Lot size

Unknown

Price per sq ft

$558

Year built

2007

Annual property taxes

$4,704

Monthly HOA fee

$629.71

Price History

05/25/2024
CentralPanhandle

CentralPanhandle #757903

Listed
$515,000
+87.27%
10/03/2016
CentralPanhandle

CentralPanhandle #645755

Sold
$275,000

Schools & Community

Elementary school: 

Hutchison Beach

Middle school: 

Surfside

High school: 

Arnold

Community features: 

Pool, Clubhouse, Fitness Center, Gated, Restaurant

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

$368,157
Asking price
$515,000
Closing costs (~8% of asking)
-$41,200
Est. remaining loan balance
-$105,643
Cash to seller
$368,157

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

Seller’s Loan History

Lender

Trustmark National Bank

Loan start date

October 2016

Original loan amount

$206,250

Est. remaining balance

$105,643

Interest rate

2.74%

Loan type

New Conventional, 15 year

Seller

David A Foltz and Katherine M Foltz

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 2:30 AM

Listing updated: 11/11/2024 at 5:00 PM

Listed by: Tula A Tucker, Beachy Beach Real Estate Phone #: (850) 231-3060

MLS: CentralPanhandle #757903

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