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$414,900

Beds
1
Baths
1.0
sq ft
787

16819 Front Beach Rd Unit 2418, Panama City Beach, FL 32413

16819 Front Beach Rd Unit 2418

Panama City Beach, FL 32413

  • 60 days on market
    • Price drop $5,000↓
This is a rare 'N' floor plan, 1 bedroom, hallway bunks, and 1 bathroom. This unit also comes with 2 storage units as well. Beautiful expansive views of the gulf from living area and balcony! This unit has been freshly painted and is 100% turnkey rental ready. The unit features light colored wood-like tile floors in the main living room and bedroom. Very nice furnishings throughout. The kitchen features granite countertops, white shaker style cabinets, and a stainless-steel refrigerator. The unit has a stacked washer and dryer. Similar units in this building are making over $60,000 in rental income per year! Tidewater has almost 640ft of sandy beach frontage, 2 large pools, 1 indoor pool, business room, covered parking, 3rd floor walk-over, fitness center and a movie/media room. All measurements are approx. and should be verified by the buyer.

Details

Property type

Condominium

Est. home value

$420,523

Lot size

Unknown

Price per sq ft

$528

Year built

2007

Annual property taxes

$4,482

Monthly HOA fee

$609.81

Price History

10/01/2024
CentralPanhandle

CentralPanhandle #760946

Price change
$414,900
-1.19%
09/11/2024
CentralPanhandle

CentralPanhandle #760946

Price change
$419,900
-2.33%
08/14/2024
CentralPanhandle

CentralPanhandle #760946

Price change
$429,900
-2.27%

Schools & Community

Elementary school: 

Hutchison Beach

Middle school: 

Surfside

High school: 

Arnold

Community features: 

Pool, Clubhouse, Fitness Center

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

$70,629
Asking price
$414,900
Closing costs (~8% of asking)
-$33,192
Est. remaining loan balance
-$311,079
Cash to seller
$70,629

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

Seller’s Loan History

Lender

Northpointe Bank

Loan start date

March 2023

Original loan amount

$316,875

Est. remaining balance

$311,079

Interest rate

6.12%

Loan type

New Conventional, 30 year

Seller

Mark B Grzymala and Aneta Grzymala

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: 10/05/2024 at 1:20 AM

Listing updated: 10/01/2024 at 10:19 AM

Listed by: Matthew T Jones MBA, Coastal Heritage Real Estate LLC Phone #: (850) 249-0521

MLS: CentralPanhandle #760946

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