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$336,622Estimated home value

Beds
2
Baths
2.5
sq ft
972

185 White Sandy Dr, Panama City Beach, FL 32407

185 White Sandy Dr

Panama City Beach, FL 32407

  • Off market
    • Price drop $22,900↓
REDUCED for a quick sale, this one won't last with the built in current revenue stream! Welcome to this fully furnished & rental ready townhome in the heart of PCB. Turn key rental machine with great guest reviews. It comes with future rental income, $22,090 booked for the rest of 2024 with a lot more to book so you can start making money right away. Projected GRI of 40k+! VA & FHA approved! This unit backs out to the putt putt course and 2 community pools for extra privacy, 5 min walk to the beach, 2 assigned parking spots in front of the unit, fenced back patio for your furry friends, huge smart touch screen panel for great guest experience and so much more. Step out onto the spacious patio and take in the warm Florida sunshine or enjoy a refreshing drink while overlooking the lush greenery surrounding the property. You'll have access to a range of fantastic amenities. Enjoy a refreshing dip in one of the community pools, dine in at the community's exclusive Gulf-front restaurant & pool, challenge your friends to a game of tennis or shuffleboard, or take a short stroll to the pristine sandy beaches for a day of sun and surf. Whether you're looking for a permanent residence, a vacation home, or an investment property, this is an incredible opportunity not to be missed. Give me a call TODAY! HOA includes: 11 pools(5 heated), shuffleboards, gulf-front restaurant & pool, pickle ball, mini golf, exercise room, tennis courts, playground, WIFI, cable, pest control, termite bond, trash, ground keeping, property patrol, gated community etc.

Details

Property type

Townhouse

Est. home value

$336,622

Lot size

Unknown

Price per sq ft

$335

Year built

1988

Annual property taxes

$2,673

Monthly HOA fee

$363.38

Price History

08/12/2024
CentralPanhandle

CentralPanhandle #757894

Removed
$325,000
06/05/2024
CentralPanhandle

CentralPanhandle #757894

Price change
$325,000
-6.58%
05/30/2024
CentralPanhandle

CentralPanhandle #757894

Listed
$347,900
+93.28%

Schools & Community

Elementary school: 

Hutchison Beach

Middle school: 

Surfside

High school: 

Arnold

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

$51,971
Asking price
$325,000
Closing costs (~8% of asking)
-$26,000
Est. remaining loan balance
-$247,029
Cash to seller
$51,971

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

Seller’s Loan History

Lender

Citadel Servicing Corporation

Loan start date

February 2023

Original loan amount

$252,000

Est. remaining balance

$247,029

Interest rate

6.31%

Loan type

New Conventional, 30 year

Seller

Matthew Mccollum

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: Off Market

Tomo last checked: 10/04/2024 at 11:10 PM

Listing updated: 08/10/2024 at 1:43 PM

Listed by: Andrei Cunitin, Dalton Wade Inc Phone #: (888) 668-8283

MLS: CentralPanhandle #757894

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