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$325,000

Beds
2
Baths
1.5
sq ft
972

175 Gulf Highlands Blvd, Panama City Beach, FL 32407

175 Gulf Highlands Blvd

Panama City Beach, FL 32407

  • 69 days on market
This beautifully updated end-unit townhome offers the perfect combination of style, comfort, and convenience. Featuring all-new LVP flooring, hardwood stairs, fresh paint, and brand-new furniture and accessories, this home is move-in ready. Upstairs, you'll find two spacious bedrooms and a fully renovated bathroom, ideal for relaxing or hosting guests. The property's outdoor space is just as inviting--step onto the large patio and soak up the Florida sunshine while enjoying views of lush greenery. With two assigned parking spots right in front, you'll have easy access and convenience. This home is also an incredible investment opportunity with short-term rentals allowed and a strong projected ROI. Enjoy the resort-style amenities that come with this property, including 11 community pools (5 heated), tennis and shuffleboard courts, mini golf, an exercise room, and a private beachside cafe with a pool. Just a short stroll from the beach, this is the perfect location for a permanent residence, vacation home, or rental property. The HOA covers everything from pools and groundskeeping to WiFi, cable, and pest control, making this a hassle-free living experience in a gated community.

Details

Property type

Townhouse

Est. home value

$324,753

Lot size

Unknown

Price per sq ft

$335

Year built

1985

Annual property taxes

$3,256

Monthly HOA fee

$363.38

Price History

10/15/2024
CentralPanhandle

CentralPanhandle #763872

Listed
$325,000
-4.13%
07/05/2023
CentralPanhandle

CentralPanhandle #742234

Sold
$339,000
+9.35%
12/07/2022
CentralPanhandle

CentralPanhandle #732887

Sold
$310,000

Schools & Community

Elementary school: 

Hutchison Beach

Middle school: 

Surfside

High school: 

Arnold

Community features: 

Pool, Fitness Center, Fishing, Golf, Playground, Park, Restaurant, Tennis Court(s), Sidewalks

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

$65,618
Asking price
$325,000
Closing costs (~8% of asking)
-$26,000
Est. remaining loan balance
-$233,382
Cash to seller
$65,618

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

June 2023

Original loan amount

$237,300

Est. remaining balance

$233,382

Interest rate

6.35%

Loan type

New Conventional, 30 year

Seller

Keena Santos and Victor Doan

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 12:05 PM

Listing updated: 12/02/2024 at 11:21 AM

Listed by: Jessica Melton, Corcoran Reverie Phone #: (850) 231-5030

MLS: CentralPanhandle #763872

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