tomo logo

$356,000

Beds
3
Baths
2.0
sq ft
1,738

213 Pelican Way, Panama City, FL 32408

213 Pelican Way

Panama City Beach, FL 32408

  • 3 days on market
Turnkey 3BR/2BA Vacation Home - Fully Furnished & Rental-Ready!Looking for the perfect beach getaway or income-producing vacation rental? This beautifully furnished 3-bedroom, 2-bathroom home in Panama City Beach is move-in ready and ideally located near top attractions!✨ Features You'll Love:✔️ Fully Furnished - Just bring your suitcase!✔️ Prime Location - Minutes from the beach, state parks, and local hotspots.✔️ Outdoor Paradise - Enjoy fishing, boating, and nature trails nearby.✔️ Income Potential - Ideal for vacation rentals with high demand in the area.✔️ Spacious & Comfortable - Open floor plan, modern finishes, and plenty of natural light.Whether you're looking for a second home, an investment property, or a place to call your own, this beachside retreat checks all the boxes. Don't miss this opportunity--schedule a showing today!New Roof 2018New appliance package 2021New Ac & HWH 2021The seller self manages and averages about 16,000 a year in passive income after expenses including mortgage, taxes, insurance, utilities, cleaning, yard maintenance, and property maintenance.

Details

Property type

Single Family Residence

Est. home value

$346,629

Lot size

9,583 sq ft

Price per sq ft

$205

Year built

1984

Annual property taxes

$3,030

Monthly HOA fee

$14.58

Price History

03/18/2025
CentralPanhandle

CentralPanhandle #770983

Listed
$356,000
+39.61%
06/14/2021
CentralPanhandle

CentralPanhandle #708226

Sold
$255,000

Schools & Community

Neighborhood: 

Upper Grand Lagoon

Elementary school: 

Patronis

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

$116,839
Asking price
$356,000
Closing costs (~8% of asking)
-$28,480
Est. remaining loan balance
-$210,681
Cash to seller
$116,839

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

Seller’s Loan History

Lender

Inlanta Mortgage Inc

Loan start date

June 2021

Original loan amount

$229,500

Est. remaining balance

$210,681

Interest rate

2.97%

Loan type

New Conventional, 30 year

Seller

Ali R Abdule As Salaam

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?

Status: Active

Tomo last checked: 03/30/2025 at 1:45 PM

Listing updated: 03/27/2025 at 7:20 AM

Listed by: Wanda L Miller, Adventure Realty Group LLC Phone #: (850) 832-0922

MLS: CentralPanhandle #770983

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