tomo logo

$769,000

Beds
3
Baths
3.0
sq ft
1,944

17878 Front Beach Rd Unit E1, Panama City Beach, FL 32413

17878 Front Beach Rd Unit E1

Panama City Beach, FL 32413

  • <1 day on market
What's better than one beach condo? Two beach condos in one! Welcome to 17878 Front Beach Road, E1... This incredible investment beach property with Gulf Views has 2 separate lockout condos housed in the same townhome doubling your investment! Enter the left to find an adorable condo on the first floor with full kitchen efficiency studio living, complete with its own outdoor patio and brand new landscaping. Enter to the right to discover a second floor large open floor plan with massive living room, full kitchen, master suite and wrap around balconies. The third level boasts an enormous bunk room with eight beds! In total, both condos sleep 14+. The home comes fully furnished with the most adorable and cozy beach decor you have ever seen. Stunning Gulf Views from the third level balcony are the absolute cherry on top of this perfect beach home! An investor's dream come true, you are buying a well established business with years of growth, actual rental history, amazing customer reviews, and repeat guests as opposed to starting from scratch. Major renovations have been made this past year, including structural updates so you can sleep well knowing your investment is solid as a rock. This business is a well oiled machine, worth its weight in gold. The Palms community is located in the most fabulous part of Panama City Beach, The West End, within walking distance of the iconic Thomas Donuts and Carousel Groceries and literally less than 300 steps from the beach! Once your guests park in their spacious covered carport, they will never need to be in their cars again. If they do feel like exploring all the Emerald Coast has to offer, they are less than 10 minutes away from Pier Park and less than 10 minutes away from 30A. Truly the perfect spot and perfect starter investment or investment to add to your portfolio! Your beach business awaits...

Details

Property type

Townhouse

Est. home value

$698,111

Lot size

Unknown

Price per sq ft

$396

Year built

2005

Annual property taxes

$6,208

Monthly HOA fee

$350

Price History

02/06/2025
CentralPanhandle

CentralPanhandle #768316

Listed
$769,000
+50.78%
10/20/2021
CentralPanhandle

CentralPanhandle #716799

Sold
$510,000
+47.83%
10/16/2020
CentralPanhandle

CentralPanhandle #700829

Sold
$345,000

Schools & Community

Elementary school: 

West Bay

Middle school: 

Surfside

High school: 

Arnold

Community features: 

Pool

Number of units in community: 

3

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

$291,386
Asking price
$769,000
Closing costs (~8% of asking)
-$61,520
Est. remaining loan balance
-$416,094
Cash to seller
$291,386

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

Seller’s Loan History

Lender

Fbt Mortgage Llc

Loan start date

October 2021

Original loan amount

$448,200

Est. remaining balance

$416,094

Interest rate

2.87%

Loan type

New Conventional, 30 year

Seller

Kimberly R Girod and Lara M Arndts

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: 02/06/2025 at 4:55 PM

Listing updated: 02/06/2025 at 2:10 PM

Listed by: Brian Clowdus, Counts Real Estate Group Inc Phone #: (850) 249-1414

MLS: CentralPanhandle #768316

CentralPanhandle logo

Recently listed in Panama City Beach