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$750,000

Beds
2
Baths
1.0
sq ft
704

20618 Front Beach Rd, Panama City Beach, FL 32413

20618 Front Beach Rd

Panama City Beach, FL 32413

  • 135 days on market
    • Price drop $75,000↓
This waterfront dreamy coastal cottage in Laguna Beach is steps away from white sandy beaches with a rare waterfront backyard on a coastal lake. Whether swimming in the emerald waters of the Gulf of Mexico, kayaking the lake, or relaxing by the fire and watching the stars, serenity awaits you. Minutes to groceries, dining, shopping, and Pier Park with fishing pier, sports park, entertainment, parades, and more! This cottage was built to last with solid concrete block construction, new metal roof, 2021 AC & water heater, newer windows, and updates throughout. You may also desire to take advantage of the amazing lot (Density restrictions may allow up to 2 units) by building a new home or business, your imagination is your limit! With a 45 ft height restriction you could have views of the gulf from 2nd or 3rd floors, and lake views from all. Versatile property is zoned C-2 Plaza Commercial, also allowing for numerous commercial uses at an excellent location for your small business! Whether looking for your ready-to-go personal beach getaway, luxury home site, or unique location for your small business, this location has it all. Virtual & video tours, additional zoning, and usage information are available upon request. All uses, zoning, sizes, dimensions, and feasibility to be verified by buyer.

Details

Property type

Single Family Residence

Est. home value

$546,610

Lot size

7,841 sq ft

Price per sq ft

$1,066

Year built

1952

Annual property taxes

$4,770

HOA

No

Price History

11/20/2024
CentralPanhandle

CentralPanhandle #761104

Price change
$750,000
-9.09%
08/01/2024
CentralPanhandle

CentralPanhandle #761104

Listed
$825,000
+144.08%
01/25/2021
CentralPanhandle

CentralPanhandle #697776

Sold
$338,000

Schools & Community

Elementary school: 

West Bay

Middle school: 

Surfside

High school: 

Arnold

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

Compass Mortgage Inc

Loan start date

August 2021

Original loan amount

$385,000

Est. remaining balance

$357,549

Interest rate

2.9%

Loan type

New Conventional, 30 year

Seller

William J Mccarthy

Lender

Compass Mortgage Inc

Loan start date

August 2021

Original loan amount

$385,000

Est. remaining balance

$357,549

Interest rate

2.9%

Loan type

New Conventional, 30 year

Seller

William J Mccarthy

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 7:10 PM

Listing updated: 11/20/2024 at 10:00 AM

Listed by: Dennis Nelson, Keller Williams Success Realty Phone #: (850) 249-0313

MLS: CentralPanhandle #761104

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