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$899,900

Beds
3
Baths
3.0
sq ft
1,965

16819 Front Beach Rd Unit 3002, Panama City Beach, FL 32413

16819 Front Beach Rd Unit 3002

Panama City Beach, FL 32413

  • 275 days on market
    • Price drop $30,000↓
MOTIVATED SELLER! Welcome to 16819 Front Beach Road 3002, a prestigious address within the Tidewater Condominiums of Panama City Beach, FL 32413. Prepare to be swept away by the allure of this extraordinary penthouse condo - a true masterpiece that demands your attention! Offering sweeping vistas of the Gulf, this penthouse delivers an unmatched coastal living experience. Immerse yourself in the splendor of turquoise waters and sugar-white sands right from the comfort of your own abode.This impeccably designed residence features three spacious bedrooms and three finely appointed bathrooms, ensuring ample space for indulgent vacations with your loved ones. Beyond its luxurious comforts, this condo presents an enticing investment opportunity, perfectly suited for short-term rentals. Capitalize on its prime location and breathtaking views to establish a coveted destination for vacationers, promising an impressive return on investment.The Tidewater Condominium community spoils residents with resort-style amenities that enrich daily life. Bask in the sunshine at multiple pools, or maintain your fitness regimen at the well-equipped workout facility. For moments of relaxation, retreat to the poolside snack and drink cabanas - a blissful sanctuary to unwind and savor the laid-back beach lifestyle.Tidewater Condominiums epitomize the perfect fusion of luxury, comfort, and convenience, offering a wealth of top-tier amenities and a tranquil ambiance that epitomizes coastal living at its finest. Do not let this exceptional opportunity slip through your fingers. Whether you seek a private family sanctuary or a lucrative investment, this penthouse condo fulfills all your desires. Schedule a viewing today and prepare to be enchanted by the unparalleled beauty and splendor of this remarkable property.

Details

Property type

Condominium

Est. home value

$904,061

Lot size

Unknown

Price per sq ft

$458

Year built

2007

Annual property taxes

$5,891

Monthly HOA fee

$1,032.62

Price History

05/25/2024
CentralPanhandle

CentralPanhandle #750898

Price change
$899,900
-3.23%
01/03/2024
CentralPanhandle

CentralPanhandle #750898

Listed
$929,900
+16.24%
10/31/2022
CentralPanhandle

CentralPanhandle #731883

Sold
$800,000
+95.12%

Schools & Community

Elementary school: 

Hutchison Beach

Middle school: 

Surfside

High school: 

Arnold

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

$286,611
Asking price
$899,900
Closing costs (~8% of asking)
-$71,992
Est. remaining loan balance
-$541,297
Cash to seller
$286,611

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

Seller’s Loan History

Lender

Broker Solutions Inc

Loan start date

October 2022

Original loan amount

$555,000

Est. remaining balance

$541,297

Interest rate

5.89%

Loan type

New Conventional, 30 year

Seller

Alton Derrick Smith and Jessica Marie Smith

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: 10/04/2024 at 11:45 PM

Listing updated: 09/25/2024 at 11:19 PM

Listed by: Adrian Welle, Waves & Woods Realty, LLC Phone #: (850) 895-1256

MLS: CentralPanhandle #750898

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