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$1,485,000

Beds
3
Baths
2.0
sq ft
1,350

206 Village Way, Panama City Beach, FL 32413

206 Village Way

Panama City Beach, FL 32413

  • 15 days on market
This 3 BR 2b cottage, nestled amongst a grove of native live oaks on an over-sized (almost double) lot in the heart of Carillon, close to Beach walkover and gulf-front pool, offers a rare opportunity to establish roots in Carillon Beach at a manageable price. This is a unique chance to acquire the only 3 story carriage house in Carillon with a large lot, affording the construction of a sizable main home, with 3rd floor tower, of at least 2625 square feet, plus private pool. (All construction subject to approval of Carillon Design Review Committee). Boasting 3900 linear ft of pristine, re-nourished, never-crowded, sugary sand beach, Carillon Beach is a quaint one-of-a-kind gated community offering 3 community pools (two heated year 'round), tennis and pickle ball courts, children's play area, full court basketball, meeting house as well as select shops and dining opportunities. The upscale shopping and restaurants of Rosemary Beach and 30AVENUE are but a 5 minute drive away. Carillon will never experience the heavy traffic associated with certain other high-end areas due to its being gated and buffered on the west by Lake Powell and the state park, allowing you to enjoy proximity to all of the many benefits of 30A with none of the burdens. Unlike several communities to the west, golf carts are permitted in Carillon. Offered for sale furnished, ''AS-IS.'' All lot, home, room dimensions are approximate and should be independently verified. Vacation rental projection for the cottage provided by Carillon Beach Rentals is 70-72k per year.

Details

Property type

Single Family Residence

Est. home value

$1,335,588

Lot size

6,299 sq ft

Price per sq ft

$1,100

Year built

1992

Annual property taxes

$10,584

Monthly HOA fee

$472.17

Price History

12/05/2024
CentralPanhandle

CentralPanhandle #765906

Listed
$1,485,000
+99.33%
01/16/2020
CentralPanhandle

CentralPanhandle #669510

Sold
$745,000

Schools & Community

Elementary school: 

West Bay

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

$1,032,628
Asking price
$1,485,000
Closing costs (~8% of asking)
-$118,800
Est. remaining loan balance
-$333,572
Cash to seller
$1,032,628

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

Seller’s Loan History

Lender

Renasant Bank

Loan start date

January 2020

Original loan amount

$370,000

Est. remaining balance

$333,572

Interest rate

3.68%

Loan type

New Conventional, 30 year

Seller

William Jay Suggs and Katerina Elena Suggs

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: 12/22/2024 at 10:20 AM

Listing updated: 12/08/2024 at 9:49 PM

Listed by: Martin L Sandel, SANDELS BY THE SEA, LLC Phone #: (216) 214-0145

MLS: CentralPanhandle #765906

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