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$850,000

Beds
5
Baths
5.0
sq ft
3,042

205 S Wells St, Panama City Beach, FL 32413

205 S Wells St

Panama City Beach, FL 32413

  • 196 days on market
    • Price drop $100,000↓
MOTIVATED SELLER - HUGE PRICE REDUCTION! Welcome to your new beach home! This stunning retreat is located on the serene West End of Panama City Beach. Built in 2020, this 5-bedroom house features a newly installed heated in-ground pool and a beautifully designed hardscape patio. Just a short stroll from the powdery white sands, it's the perfect place for beach living. The first floor offers ample space for entertaining, with an open-concept living room and kitchen that boasts vaulted ceilings. The master bathroom is elegantly designed with a double vanity, soaking tub, and tiled shower. With charming shiplap accents and a climate-controlled 2-car garage, this home has everything you need!

Details

Property type

Single Family Residence

Est. home value

$1,013,250

Lot size

7,187 sq ft

Price per sq ft

$280

Year built

2020

Annual property taxes

$10,420

HOA

No

Price History

12/02/2024
CentralPanhandle

CentralPanhandle #758369

Price change
$850,000
-10.53%
08/18/2024
CentralPanhandle

CentralPanhandle #758369

Price change
$950,000
-19.15%
08/16/2024
CentralPanhandle

CentralPanhandle #758369

Pending
$1,175,000

Schools & Community

Elementary school: 

West Bay

Middle school: 

Surfside

High school: 

Arnold

Community features: 

Pool

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

Raymond James Bank Na

Loan start date

July 2022

Original loan amount

$745,950

Est. remaining balance

Not provided

Interest rate

3.5%

Loan type

New Conventional, 30 year

Seller

Christopher Miglino

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: 12/23/2024 at 10:35 AM

Listing updated: 12/02/2024 at 10:50 AM

Listed by: Opey W Russ, Gulf Life Real Estate Inc Phone #: (850) 699-1996

MLS: CentralPanhandle #758369

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