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$409,900

Beds
1
Baths
2.0
sq ft
849

16819 Front Beach Rd Unit 1806, Panama City Beach, FL 32413

16819 Front Beach Rd Unit 1806

Panama City Beach, FL 32413

  • 293 days on market
    • Price drop $5,000↓
A Tidewater Beach Resort favorite! This fully furnished 1-bed, 2-bath with custom bunks ''F'' plan unit is your turnkey investment opportunity. Situated right on the Gulf, it's a rental machine bringing in $50k in 2023 and renters already on the books for 2024! One of the few units that comply with the new fire code for Short-Term Rentals (STRs), ensuring hassle-free ownership. This well maintained unit features an open living floor plan with stunning Gulf views from the living room and balcony--perfect for relaxing after a day at the beach.Tidewater Beach Resort offers two outdoor pools with hot tubs, a heated indoor pool, an onsite restaurant, a tiki bar, a fitness room, Roman spas, and even a movie theater! Don't miss out on this prime opportunity. Grab it before it's gone!

Details

Property type

Condominium

Est. home value

$424,772

Lot size

Unknown

Price per sq ft

$483

Year built

2007

Annual property taxes

$4,088

Monthly HOA fee

$522.36

Price History

12/10/2024
CentralPanhandle

CentralPanhandle #753775

Price change
$409,900
-1.21%
10/03/2024
CentralPanhandle

CentralPanhandle #753775

Price change
$414,900
-1.19%
09/19/2024
CentralPanhandle

CentralPanhandle #753775

Price change
$419,900
-0.5%

Schools & Community

Elementary school: 

Hutchison Beach

Middle school: 

Surfside

High school: 

Arnold

Community features: 

Pool, Fitness Center

Number of units in community: 

570

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

$151,933
Asking price
$409,900
Closing costs (~8% of asking)
-$32,792
Est. remaining loan balance
-$225,175
Cash to seller
$151,933

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

Seller’s Loan History

Lender

Caliber Home Loans Inc

Loan start date

August 2020

Original loan amount

$248,400

Est. remaining balance

$225,175

Interest rate

2.98%

Loan type

New Conventional, 30 year

Seller

Kenneth Michael Quiller and Kandace Brooke Quiller

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: 12/24/2024 at 11:10 AM

Listing updated: 12/23/2024 at 7:20 PM

Listed by: Tristan C Matthews, Coastal Heritage Real Estate LLC Phone #: (850) 249-0521

MLS: CentralPanhandle #753775

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