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$825,000

Beds
3
Baths
3.0
sq ft
1,643

21516 Dolphin Ave, Panama City Beach, FL 32413

21516 Dolphin Ave

Panama City Beach, FL 32413

  • 150 days on market
    • Price drop $5,000↓
Expected to generate $72,988 in rental income this year, this gorgeous three bedroom home is a premier investment property only 7 minutes from Rosemary Beach. Designed for the ultimate vacation, this lovely getaway features a new heated pool, stunning pool deck & unbelievable location. This beautifully decorated residence is short walk from the beach. Featuring 3 bedrooms & 3 full bathrooms, the property can easily accommodate 10-12 guests. Every detail in this home has been meticulously crafted for peak rental income. Positioned on a spacious lot, the property has a large front yard with a beautiful oak tree. In the backyard, guests are treated to one of the largest heated pools in the area. Located in a neighborhood with no HOA fees, this home is set up perfectly to enjoy all that the area has to offer with low-operating costs. The home will be sold fully-furnished and ready for its new owner. Official rental projections are at $72,988 annually. Inquire today to set up a tour!

Details

Property type

Single Family Residence

Est. home value

$524,062

Lot size

Unknown

Price per sq ft

$503

Year built

1995

Price History

01/16/2025
EmeraldCoast

EmeraldCoast #957735

Price change
$825,000
-0.6%
01/08/2025
EmeraldCoast

EmeraldCoast #957735

Price change
$830,000
-1.19%
01/06/2025
EmeraldCoast

EmeraldCoast #957735

Price change
$840,000
-1.18%

Schools & Community

Elementary school: 

Breakfast Point

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

$267,802
Asking price
$825,000
Closing costs (~8% of asking)
-$66,000
Est. remaining loan balance
-$491,198
Cash to seller
$267,802

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

Seller’s Loan History

Lender

Northpoint Mortgage Inc

Loan start date

August 2023

Original loan amount

$498,750

Est. remaining balance

$491,198

Interest rate

6.81%

Loan type

New Conventional, 30 year

Seller

Craig Lomonico

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: 01/23/2025 at 7:05 AM

Listing updated: 01/16/2025 at 12:09 PM

Listed by: 30A Escapes Sales Team, The Dixon Team, 30A Homes Sales Phone #: (850) 517-0007

MLS: EmeraldCoast #957735

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