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$568,000

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

  • 41 days on market
    • Price drop $11,000↓
Updated and significant improvements made by current owner. Furniture and golf cart negotiable. This Charming 3 bedroom, 2 bath concrete block Beach House is located on the desirable West end of Panama City Beach and only 1 1/2 blocks to the Sugar White Sand Beaches of the Gulf of Mexico! From the minute you walk onto the covered front porch into the home you will love the open design of the living room, kitchen and bonus room. There are 2 bedrooms on the left with a bathroom and the master bedroom and bathroom are on the right. Walk out the back door to a covered deck, beautiful tropical landscaped yard and crystal clear in-ground pool. There is a yard building that will hold all of your pool and beach toys plus mower. All new pool equipment includes pump, salt chlorinator and sand. Well pump is new and HVAC unit is brand new (just installed). This immaculate home has been well maintained and would be the perfect for year round living, vacation home or great investment for long term rentals. This is a Great Location and is only a block and one half to the beach, a couple miles to Pier Park, 10 miles to Northwest Florida International Airport 7 miles to S Walton County and close to hospitals, schools and shopping. Short term rentals not allowed.

Details

Property type

Single Family Residence

Est. home value

$527,506

Lot size

7,405 sq ft

Price per sq ft

$495

Year built

1962

Price History

12/20/2024
EmeraldCoast

EmeraldCoast #962872

Price change
$568,000
-1.9%
11/12/2024
EmeraldCoast

EmeraldCoast #962872

Listed
$579,000
+7.22%
07/06/2023
CentralPanhandle

CentralPanhandle #732064

Sold
$540,000

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

$330,755
Asking price
$568,000
Closing costs (~8% of asking)
-$45,440
Est. remaining loan balance
-$191,805
Cash to seller
$330,755

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

$191,805

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: 12/23/2024 at 5:20 AM

Listing updated: 12/21/2024 at 11:19 AM

Listed by: Mike Herring, Mike Herring, Mike Herring, Mike Herring, Keller Williams Realty SRB Phone #: (850) 654-2900

MLS: EmeraldCoast #962872

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