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$265,000

Beds
2
Baths
1.5
sq ft
1,120

17620 Front Beach Rd Unit 1U, Panama City Beach, FL 32413

17620 Front Beach Rd Unit 1U

Panama City Beach, FL 32413

  • Pending
    • Price drop $10,000↓
$35,000 BELOW Appraised Value!!! LOWEST PRICED 2-Bedroom 1+ Bathroom Condo on the ENTIRE BEACH!!! Let's be completely honest... Most condos on the beach are simply overpriced. With inventory levels growing each and every day, a savvy investor knows that they have abundant opportunities to pick and choose the perfect place. The owners of Portside #U1 know this, have aggressively priced this incredible condo lower than all the comps, and are ready to talk business. Spend the day checking out all the other comps, then come be our guest and see why this hidden gem is unlike anything else you will find on the beach!This adorable 2 bedroom / 1.5 bathroom condo is 100% rental ready and was just added on the rental program. Many of the big ticket items have already been updated, (HVAC System, Water Heater, LVP Flooring, Carpet, Storm Doors, 6 Panel Interior Doors, Washing Machine, Etc.), so you are walking into this incredible condo with thousands in instant equity, and with amazing peace of mind knowing that your investment is covered for years to come!Not only is this condo a GREAT deal for all it offers on the inside, the location simply can't be beat. End units are highly coveted in the Portside Community, and this gem also backs up to natural woodlands - ensuring ample peace and quiet! Portside is one of the most unique Beach Communities in the area, and is located in the highly desirable west end of the Beach. Perfectly situated right across the street from the sugar white sand, famous local staples like Thomas Donut, Carousel Supermarket, and Mikes Oyster Bar are all within walking distance. With Beach Access #71 being mere steps away, it's hard to picture a better location for rentals - or for calling home!And when it comes to amenities, Portside is second to none... The Breathtaking Waterfall Pool with gulf views is well known throughout the area, but this community offers so much more! Several wonderful pools, a jacuzzi, tennis courts, pickleball, shuffleboard, a fitness center, and a large community room (offering pool/ping pong/cornhole/and reading library) ensure that no matter what activities speak to your heart, Portside offers something truly special for everyone to enjoy!Being one of the only pet friendly complexes on the Beach for renters, Portside typically does much better than similar condos when it comes to rental income - especially snow birds! Pair that with the fact that you can park directly at your front door in this ground floor unit, and you have everything needed to ensure rental success!And did I mention that all this comes with some of the lowest HOA's on the Beach?!? That's right... Being only 2 stories tall, Portside has a distinct advantage over nearly every other condo community in that it is exempt from the new Florida Condo Laws!!! This condo truly has it all. LOWEST PRICE on the beach, INSTANT EQUITY, PRIME LOCATION, and INCREDIBLE AMENITIES you can't find anywhere else. Simply put... this one won't last!!!

Details

Property type

Condominium

Est. home value

$296,790

Lot size

Unknown

Price per sq ft

$237

Year built

1984

Annual property taxes

$2,875

Monthly HOA fee

$560

Price History

09/11/2024
CentralPanhandle

CentralPanhandle #761410

Pending
$265,000
09/03/2024
CentralPanhandle

CentralPanhandle #761410

Price change
$265,000
-3.64%
08/16/2024
CentralPanhandle

CentralPanhandle #761410

Listed
$275,000
+10%

Schools & Community

Elementary school: 

West Bay

Middle school: 

Surfside

High school: 

Arnold

Community features: 

Pool, Clubhouse, Fitness Center, Sidewalks, Tennis Court(s)

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Community Bank Of Parkersburg

Loan start date

May 2023

Original loan amount

$165,965

Est. remaining balance

Not provided

Interest rate

6.28%

Loan type

Closed-end Mortgage, 30 year

Seller

John J Huffman and Vicky W Huffman

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: Pending/Under Contract

Tomo last checked: 09/19/2024 at 11:50 PM

Listing updated: 09/11/2024 at 7:59 PM

Listed by: Garrett S Aune, Beachy Beach Real Estate Phone #: (850) 233-4351

MLS: CentralPanhandle #761410

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