tomo logo

$649,900

Beds
2
Baths
2.0
sq ft
1,146

17545 Front Beach Rd Unit 2004, Panama City Beach, FL 32413

17545 Front Beach Rd Unit 2004

Panama City Beach, FL 32413

  • 22 days on market
Welcome to paradise at Emerald Isle, where stunning Gulf of Mexico views and beachside luxury await you! This exquisite 2-bedroom, 2-bathroom condo is the perfect blend of relaxation and investment opportunity, located on the desirable west end of Panama City Beach. Enjoy panoramic ocean views right from your expansive balcony, an ideal space for soaking up sunrises with a morning coffee or unwinding with a sunset cocktail. This outdoor haven is your personal retreat, providing unobstructed vistas of sugar-white sands and turquoise waters.Inside, the open living area and primary bedroom both showcase breathtaking Gulf-front views, offering the perfect backdrop for coastal living. Recent upgrades make this unit move-in ready, featuring brand-new flooring, fresh paint, and elegant, contemporary lighting that enhances the airy, beach-inspired decor. A new AC unit was installed on 11/4/24, ensuring year-round comfort for you and future guests. Plus you will enjoy the added benefit of heat pump efficiency and cost savings.Emerald Isle boasts a wealth of amenities designed for relaxation and entertainment. Take a dip in one of the two refreshing pools--one of which is heated seasonally--or unwind in the inviting hot tub. When it's time to hit the beach, just step outside, and your toes are in the sand. With plenty of parking options, including a dedicated parking space and an additional deck across the street, convenience is always at hand.This property's prime location and luxurious amenities make it an excellent choice for short-term rentals, offering a lucrative opportunity in a popular beach destination. Alternatively, it serves as a stunning personal retreat or vacation home. The added outdoor storage space is perfect for all your beach gear, keeping everything you need for an oceanfront lifestyle within easy reach.Don't miss your chance to own a piece of the Emerald Coast at Emerald Isle. Whether for investment or personal use, this condo is a true gem in paradise, ready to provide you with unforgettable beachfront experiences for years to come.Gross rental income:2022-$39,901.262023-$58,173.25January- September 2024-$56,467

Details

Property type

Condominium

Est. home value

$643,473

Lot size

Unknown

Price per sq ft

$568

Year built

2005

Annual property taxes

$5,952

Monthly HOA fee

$831

Price History

10/30/2024
CentralPanhandle

CentralPanhandle #764520

Listed
$649,900
+36.82%
06/04/2021
CentralPanhandle

CentralPanhandle #709832

Sold
$475,000

Schools & Community

Elementary school: 

West Bay

Middle school: 

Surfside

High school: 

Arnold

Community features: 

Pool, Fitness Center, Park

Number of units in community: 

199

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

$233,686
Asking price
$649,900
Closing costs (~8% of asking)
-$51,992
Est. remaining loan balance
-$364,222
Cash to seller
$233,686

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

Seller’s Loan History

Lender

Renasant Bank

Loan start date

May 2021

Original loan amount

$392,700

Est. remaining balance

$364,222

Interest rate

3.13%

Loan type

New Conventional, 30 year

Seller

Paula Ann Zeller and Thomas Ray Mcelroy

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?

Status: Active

Tomo last checked: 11/22/2024 at 11:10 PM

Listing updated: 11/19/2024 at 12:47 PM

Listed by: Rebekah A Peterson, Seashore Realty LLC Phone #: (850) 235-4444

MLS: CentralPanhandle #764520

CentralPanhandle logo