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$924,924

Beds
4
Baths
4.5
sq ft
2,324

215 16th St, Panama City Beach, FL 32413

215 16th St

Panama City Beach, FL 32413

  • 26 days on market
    • Price drop $15,015↓
REVEDY SHORT TERM RENTAL PROJECTION OVER $124,000!!! MAKE THIS YOUR BEACH RETREAT!Discover your ideal getaway at this modern beach home located in the serene Laguna Beach neighborhood of Panama City Beach. Fully furnished and designed for comfort, this short-term rentable property is perfect for families and friends looking to relax and enjoy the sun.Outdoor Features:Just a block and a half from public beach access #80, you'll love the convenience of walking to the sandy shores. The property offers parking for up to three cars, with a one-car garage stocked with four bicycles and beach toys for your enjoyment. Unwind on the covered porch, complete with Polywood Adirondack chairs and ceiling fans, or fire up the grill on the back patio for a delightful BBQ. The side yard provides a fantastic space for outdoor games or sunbathing, all enclosed by a privacy fence and two double gates for added security. Low-maintenance landscaping and hurricane shutters ensure peace of mind.Interior Highlights:Step inside to find high ceilings and an inviting open floor plan that seamlessly connects the kitchen, living, and dining areas. The kitchen features Whirlpool appliances, generous cabinet space, and a convenient island with a sink and dishwasher, perfect for meal prep and entertaining. The dining table accommodates eight, with additional seating for three at the kitchen island.The king bedroom on the main floor includes a walk-in closet and an en suite bathroom with a large shower, double vanity, and granite countertops, providing a private retreat. Upstairs Comfort:The second floor features a cozy landing with a living room area, furnished with a sleeper sofa and a comfy beanbag chair, ideal for family movie nights or game sessions. You'll find three additional bedrooms upstairs: a bunk room with twin over twin bunks and a twin trundle, a king bedroom that opens to a balcony with Gulf views, and another king bedroom with its own ensuite bath. The shared large bathroom between one king and the bunk bedroom features closet space, two toilet areas, two sinks, and a shower/tub combo, ensuring convenience for all guests. Each bathroom is equipped with granite countertops, combining style and functionality.With cordless blinds throughout and a restful color palette, this home is designed to provide a peaceful retreat after a day at the beach. Whether you're looking to relax or explore the vibrant surroundings, this modern beach home in Laguna Beach is the perfect destination for your next vacation. Make an offer today and experience the best of Panama City Beach for years to come!

Details

Property type

Single Family Residence

Est. home value

$989,520

Lot size

5,663 sq ft

Price per sq ft

$398

Year built

2019

Annual property taxes

$9,214

HOA

No

Price History

09/03/2024
CentralPanhandle

CentralPanhandle #761777

Price change
$924,924
-1.6%
08/26/2024
CentralPanhandle

CentralPanhandle #761777

Price change
$939,939
-0.43%
08/24/2024
CentralPanhandle

CentralPanhandle #761777

Listed
$944,000

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

$76,877
Asking price
$924,924
Closing costs (~8% of asking)
-$73,994
Est. remaining loan balance
-$774,053
Cash to seller
$76,877

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

Seller’s Loan History

Lender

Movement Mortgage

Loan start date

April 2022

Original loan amount

$810,000

Est. remaining balance

$774,053

Interest rate

3.92%

Loan type

New Conventional, 30 year

Seller

Steven Wemple and Shannon Wemple

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: 09/20/2024 at 1:45 AM

Listing updated: 09/03/2024 at 6:39 PM

Listed by: January Johnson, EXP Realty LLC Phone #: (888) 883-8509

MLS: CentralPanhandle #761777

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