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$277,723Estimated home value

Beds
3
Baths
2.5
sq ft
1,545

1874 Annabellas Dr, Panama City Beach, FL 32407

1874 Annabellas Dr

Panama City Beach, FL 32407

  • Sold On 4/3/2024
    • Price drop $4,100↓
Welcome to Annabella's Townhomes, a gated community where modern amenities and affordable living converge. This competitively priced townhome is an ideal choice for first-time homebuyers or investors seeking a lucrative rental property in the heart of Panama City Beach. The townhome includes a series of recent updates, ensuring a move-in-ready experience. Enjoy the sleek look of LVP flooring and fresh paint throughout, complemented by new LED lighting. The kitchen features a brand-new refrigerator, enhancing the culinary space. Practical improvements include an updated outside AC unit, a four-year-old water heater, and a roof that was replaced in 2019, post-Hurricane Michael, adding to the home's reliability and comfort. The townhome includes a garage with a newly epoxy-coated floor, adding a touch of durability to the space. Residents of Annabella's Townhomes enjoy access to a range of amenities. The community pool and fitness center offer leisure and wellness options right at your doorstep. The clubhouse provides a perfect setting for social gatherings, while the gated entry ensures privacy and security. For investors, this property presents a fantastic opportunity, with the potential to bring in upwards of $24,000 per year as a long-term rental. This property is not just a home; it's a lifestyle choice that combines the ease of modern living with the excitement of Panama City Beach. Just minutes away from white sandy beaches, Pier Park, and a plethora of dining, shopping, and entertainment options, this townhome is perfectly positioned for enjoyment and convenience. Buyer to verify all data. Room dimensions are approximate.

Details

Property type

Townhouse

Est. home value

$277,723

Lot size

Unknown

Price per sq ft

$178

Year built

2006

Annual property taxes

$2,570

HOA fee

$1,259.23

Price History

03/05/2025
CentralPanhandle

CentralPanhandle #764994

Removed
$269,000
02/24/2025
CentralPanhandle

CentralPanhandle #764994

Price change
$269,000
-1.82%
12/26/2024
CentralPanhandle

CentralPanhandle #764994

Price change
$274,000
-3.86%

Schools & Community

Elementary school: 

Breakfast Point

Middle school: 

Breakfast Point

High school: 

Arnold

Community features: 

Pool, Clubhouse, Fitness Center, Gated

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

$139,947
Asking price
$274,900
Closing costs (~8% of asking)
-$21,992
Est. remaining loan balance
-$112,961
Cash to seller
$139,947

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

Seller’s Loan History

Lender

Whitney Bank

Loan start date

January 2018

Original loan amount

$132,000

Est. remaining balance

$112,961

Interest rate

3.95%

Loan type

New Conventional, 30 year

Seller

Jeffrey D Munday and Teressa Munday

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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Price drop
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Status: Off Market

Tomo last checked: 04/03/2025 at 8:10 AM

Listing updated: 09/25/2024 at 11:20 PM

Listed by: Dana Ford, Scenic Sotheby's International Realty Phone #: (850) 231-6052

MLS: CentralPanhandle #751798

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