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$688,000

Beds
3
Baths
2.0
sq ft
1,418

21723 Palm Ave, Panama City Beach, FL 32413

21723 Palm Ave

Panama City Beach, FL 32413

  • <1 day on market
Welcome to The Calm Palm, your perfect beach getaway or high-performing rental property on the desirable West End of Panama City Beach! This beautifully maintained 3-bedroom, 2-bath home offers the ideal blend of comfort, style, and proven rental income.Step inside to find an inviting open-concept living space with coastal decor, lvp flooring, a fully equipped kitchen with stainless steel appliances, and spacious bedrooms designed for relaxation. The primary suite features an en-suite bath, while the two guest rooms provide ample space for family and friends.Outdoor living at its finest, your fully landscaped backyard is an oasis of privacy and entertainment, featuring a hot tub, outdoor seating, pergola, firepit, hot tub, and maintenance free landscaping--perfect for unwinding after a day at the beach.Located just minutes from white sand beaches, 30A, Pier Park, and top local attractions, this home is a proven short-term rental powerhouse with excellent income numbers. Whether you're looking for a turnkey investment or a private coastal retreat, this one checks all the boxes!This property averages 65k - 70k per year in gross rental and has bookings stretching all the way into 2026. Please ask your agent for detailed rental and expense records.Don't miss out--schedule your showing today!

Details

Property type

Single Family Residence

Est. home value

$575,451

Lot size

5,227 sq ft

Price per sq ft

$486

Year built

2014

Annual property taxes

$5,249

HOA

No

Price History

04/03/2025
CentralPanhandle

CentralPanhandle #771357

Listed
$688,000
+36.24%
07/12/2021
CentralPanhandle

CentralPanhandle #711716

Sold
$505,000
+50.75%
01/09/2020
CentralPanhandle

CentralPanhandle #690598

Sold
$335,000
+36.18%

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

$366,177
Asking price
$688,000
Closing costs (~8% of asking)
-$55,040
Est. remaining loan balance
-$266,783
Cash to seller
$366,177

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

Seller’s Loan History

Lender

Crosscountry Mortgage Llc

Loan start date

July 2021

Original loan amount

$404,600

Est. remaining balance

$266,783

Interest rate

2.27%

Loan type

New Conventional, 10 year

Seller

Ned A Larson and Elizabeth A Larson

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: 04/03/2025 at 2:05 PM

Listing updated: 04/03/2025 at 4:20 AM

Listed by: Christopher C Jennings, Bay to 30A Realty Phone #: (850) 532-9449

MLS: CentralPanhandle #771357

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