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$1,275,000

Beds
4
Baths
3.5
sq ft
2,248

219 Sands St, Panama City Beach, FL 32413

219 Sands St

Panama City Beach, FL 32413

  • 64 days on market
MONEY MAKER IS FOR SALE!!! This exquisite property offers the ultimate combination of luxury, convenience,functionality AND GREAT INCOME!!. Situated just one block from the pristine shores of the Gulf of Mexico, this stunning home boasts a private pool and is OFFERED FULLY FURNISHED with top-of-the-line upgrades, Nestled on the coveted West End of Panama City Beach, this property offers easy access to the beach, ensuring endless days of sun, sand, and surf making it a IDEAL vacation rental property with a FOUR YEAR DOCUMENTED track record of WELL OVER 100K rental income! Located just 10 minutes from Pier Park and the new Dolly Parton ''Pirate'' theme park and restaurant opening soon, this property offers fantastic access to entertainment, dining, and shopping options. Don't miss out on the chance to own this exceptional vacation retreat in Panama City Beach. Whether you're seeking a lucrative investment property or a luxurious escape for yourself, 219 Sands Street offers 2 Master bedrooms with one on the main 1st floor and each having over-sized walk-in showers, turf grass backyard providing ZERO maintenance and a great landscape look, a private heated pool capitalizing on the off season enjoyment for guests (pool heater 2 years old) and a climate controlled storage building! The open kitchen is PERFECT for entertaining and boasts a large walk-in pantry! This home has the perfect blend of luxury, convenience, and ultimate comfort! 2021 Rental History $174,900, 2022 Rental History$160,000, 2023 Rental History.$101,900 ( decrease in 2023 is due to both owners using the home increased due to the sale of another property in this area). Sellers will provide their ENTIRE BOOK OF BUSINESS of previous guests consisting of MANY repeat visitors to the next owners to ensure CONTINUED SUCCESS!! SO you are not just buying a gorgeous property, but also a 4 YEAR established business with an undeniably SUPER IMPRESSIVE, CONSISTENT, VERIFIABLE production history. The home stays very booked all year and showings are usually limited to turn days!

Details

Property type

Single Family Residence

Est. home value

$1,050,055

Lot size

6,098 sq ft

Price per sq ft

$568

Year built

2018

Annual property taxes

$9,224

Monthly HOA fee

$26.67

Price History

09/05/2024
CentralPanhandle

CentralPanhandle #762326

Listed
$1,275,000
-1.54%
07/19/2024
CentralPanhandle

CentralPanhandle #754771

Removed
$1,295,000
03/25/2024
CentralPanhandle

CentralPanhandle #754771

Listed
$1,295,000
+127.31%

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

$861,441
Asking price
$1,275,000
Closing costs (~8% of asking)
-$102,000
Est. remaining loan balance
-$311,559
Cash to seller
$861,441

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

Seller’s Loan History

Lender

Everett Financial Inc

Loan start date

July 2020

Original loan amount

$412,500

Est. remaining balance

$311,559

Interest rate

2.62%

Loan type

New Conventional, 15 year

Seller

Taylor Eubank Weaver and Nicole T Lamb

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: 11/08/2024 at 8:40 PM

Listing updated: 09/18/2024 at 8:00 PM

Listed by: Scott S Suber, Beach Haven Realty Phone #: (770) 596-6599

MLS: CentralPanhandle #762326

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