tomo logo

$650,000

Beds
3
Baths
3.0
sq ft
1,908

17878 Front Beach Rd Unit B1, Panama City Beach, FL 32413

17878 Front Beach Rd Unit B1

PANAMA CITY BEACH, FL 32413

  • 85 days on market
    • Price drop $30,000↓
Contact your local agent for a showing today! This stunning corner unit, townhome-style condo near the world’s most beautiful beaches is now available at a reduced price of $650K, making it an unbeatable deal you won’t want to pass up. With its prime location, just steps from beach access and offering low HOA fees, this property is ideal for those looking for a coastal retreat or a versatile investment opportunity. Freshly painted in bright, neutral tones, this condo is flooded with natural light and boasts Gulf views from the 2nd and 3rd levels. Enjoy multiple patios and decks overlooking the pool and ocean, perfect for relaxing in the coastal breeze while watching your family enjoy the pool. First Floor Efficiency with BRAND NEW Luxury Vinyl Plank Flooring adds exceptional rental flexibility, allowing you to maximize income potential by turning this property into two separate units. You can rent the efficiency on its own or combine it with the main two-story living space for a spacious 3-bedroom setup. Stay in one and rent the other for added convenience and privacy. Unbeatable Location – Live the beach life with a short walk across the street to soak up the sun, sand, and surf. The soothing sounds of the ocean can be heard from your balcony, enhancing your experience in this coastal paradise. Within 20 minutes, you’ll find everything you need for fun and relaxation. Shop, dine, and enjoy entertainment at Pier Park, swim with dolphins at Gulf World, or rent a kayak from Coldwater Excursions to explore the beautiful waters. Golf lovers will appreciate having three golf courses within 7 miles of the home. Whether you’re looking for a beautiful beachside retreat or a profitable investment property, this condo has it all. Contact your local agent for a showing today—don’t miss out on this opportunity to own a piece of paradise in Panama City Beach!

Details

Property type

Townhouse

Est. home value

$687,946

Lot size

1,331 sq ft

Price per sq ft

$341

Year built

1996

Annual property taxes

$5,979.51

Monthly HOA fee

$300

Price History

09/15/2024
StellarMLS

StellarMLS #T3540939

Price change
$650,000
-4.41%
07/28/2024
StellarMLS

StellarMLS #T3540939

Price change
$680,000
-2.16%
07/12/2024
StellarMLS

StellarMLS #T3540939

Price change
$695,000
-2.8%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool

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

$311,654
Asking price
$650,000
Closing costs (~8% of asking)
-$52,000
Est. remaining loan balance
-$286,346
Cash to seller
$311,654

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

October 2021

Original loan amount

$392,000

Est. remaining balance

$286,346

Interest rate

2.18%

Loan type

New Conventional, 10 year

Seller

Thomas Brown

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 5:20 AM

Listing updated: 09/16/2024 at 9:38 AM

Listed by: Kathryn Wingad, BHHS FLORIDA PROPERTIES GROUP Phone #: (813) 933-1761

MLS: StellarMLS #T3540939

StellarMLS logo