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$545,000

Beds
3
Baths
2.0
sq ft
1,148

207 S Wells St, Panama City Beach, FL 32413

207 S Wells St

Panama City Beach, FL 32413

  • 54 days on market
    • Price drop $10,000↓
Welcome to a dreamy beach retreat just 0.3 miles from the sugar-white sands (or a breezy 1.15-minute golf cart ride!). Whether you're looking for the perfect second home or a full-time slice of paradise, this West End gem checks all the boxes.Step onto the huge front porch, complete with a wooden swing, and feel right at home. Inside, the open-concept 3-bed, 2-bath split floor plan boasts stylish new LVP flooring, a double oven for the home chef, and hurricane shutters for peace of mind. Need extra space? The bonus room is ready to be your office, dining room, or whatever fits your lifestyle.Out back, your covered patio leads to a tropical oasis--hello, low-maintenance saltwater pool! Surrounded by lush palm trees, it's the ultimate spot to relax. The new sand filter keeps things crystal clear, and the double gate allows extra parking for a vehicle or beach toys. New HVAC in 2024.No HOA! Golf cart negotiable. This home is beach life without the hassle-schedule your showing today before it's gone!

Details

Property type

Single Family Residence

Est. home value

$527,506

Lot size

7,405 sq ft

Price per sq ft

$475

Year built

1962

Annual property taxes

$4,215.93

HOA

No

Price History

03/10/2025
CentralPanhandle

CentralPanhandle #768415

Price change
$545,000
-1.8%
02/06/2025
CentralPanhandle

CentralPanhandle #768415

Listed
$555,000
-2.29%
01/18/2025
EmeraldCoast

EmeraldCoast #962872

Removed
$568,000

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

$310,190
Asking price
$545,000
Closing costs (~8% of asking)
-$43,600
Est. remaining loan balance
-$191,210
Cash to seller
$310,190

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

Seller’s Loan History

Lender

Das Acquisition

Loan start date

July 2023

Original loan amount

$195,000

Est. remaining balance

$191,210

Interest rate

6.39%

Loan type

New Conventional, 30 year

Seller

Lesa Brooks Scanlan

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: 04/02/2025 at 5:05 PM

Listing updated: 03/20/2025 at 10:40 AM

Listed by: Michelle D Stewart, RE/MAX Freedom Phone #: (850) 806-2288

MLS: CentralPanhandle #768415

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