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$274,900

Beds
2
Baths
1.0
sq ft
620

17614 Front Beach Rd Unit A31, Panama City Beach, FL 32413

17614 Front Beach Rd Unit A31

Panama City Beach, FL 32413

  • 217 days on market
    • Price drop $20,000↓
Discover the perfect blend of comfort, convenience, and investment potential with this beautifully maintained property located at the heart of Panama City Beach. Offering a strong rental history, this residence is not just a home; it's a wise investment in one of Florida's most sought-after beach destinations. Nestled just across the street from the pristine sands and crystal-clear waters of Panama City Beach, this condo promises an endless summer vibe. Whether you're looking to soak up the sun, enjoy a sunset, or dive into water sports, the beach is practically your backyard. A myriad of shopping options, tantalizing restaurants, and vibrant entertainment venues are all within a couple miles, ensuring your days and nights are filled with unforgettable experiences. This condo boasts a robust rental history, making it an attractive option for investors seeking a property with proven income potential. Whether you're considering short-term rentals to beach-goers or long-term leasing, this property is primed to generate substantial returns. Inside you'll find a thoughtfully designed interior that combines coastal elegance with comfort. Each space is crafted to maximize relaxation and enjoyment, ensuring every moment spent here feels like a vacation.Don't miss the chance to own a piece of paradise. Schedule a viewing today and experience firsthand the potential and beauty of this exceptional property.

Details

Property type

Condominium

Est. home value

$268,340

Lot size

Unknown

Price per sq ft

$444

Year built

1985

Annual property taxes

$2,495

Monthly HOA fee

$400

Price History

08/07/2024
CentralPanhandle

CentralPanhandle #753572

Price change
$274,900
-6.78%
04/01/2024
CentralPanhandle

CentralPanhandle #753572

Price change
$294,900
-3.31%
03/01/2024
CentralPanhandle

CentralPanhandle #753572

Listed
$305,000
+59.69%

Schools & Community

Elementary school: 

West Bay

Middle school: 

Surfside

High school: 

Arnold

Community features: 

Pool, Clubhouse, Fitness Center, 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

$113,448
Asking price
$274,900
Closing costs (~8% of asking)
-$21,992
Est. remaining loan balance
-$139,460
Cash to seller
$113,448

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

October 2020

Original loan amount

$152,800

Est. remaining balance

$139,460

Interest rate

2.86%

Loan type

New Conventional, 30 year

Seller

Cassandra Elise Brinkley

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: 09/26/2024 at 11:09 PM

Listed by: Geoffrey B Goodsell, Coldwell Banker Realty Phone #: (850) 863-4563

MLS: CentralPanhandle #753572

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