tomo logo

$510,000

Beds
2
Baths
2.0
sq ft
960

228 14th St, Panama City Beach, FL 32413

228 14th St

Panama City Beach, FL 32413

  • 121 days on market
    • Price drop $20,000↓
Discover an exceptional investment opportunity with this charming 2-bedroom, 2-bathroom beachside retreat, ideally located in the heart of PCB with dedicated beach access 78.. Just a short stroll from the world-renowned white sands and emerald waters of the Gulf of Mexico, this property is perfectly positioned to capitalize on the short-term rental market .The property features an open-concept living space that is bright and inviting, with abundant natural light. The spacious living area flows effortlessly into a contemporary kitchen, equipped with granite countertops, stainless steel appliances, ideal for hosting vacationing guests. this property is a standout choice for investors seeking a lucrative short-term rental. Add this coastal gem to your portfolio> SOLD FURNISHED

Details

Property type

Single Family Residence

Est. home value

$497,229

Lot size

0.25 acres

Price per sq ft

$532

Year built

2019

HOA

No

Price History

10/28/2024
CentralPanhandle

CentralPanhandle #760395

Price change
$510,000
-3.77%
08/20/2024
CentralPanhandle

CentralPanhandle #760395

Price change
$530,000
-1.85%
07/24/2024
CentralPanhandle

CentralPanhandle #760395

Listed
$540,000
+13.68%

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

$59,032
Asking price
$510,000
Closing costs (~8% of asking)
-$40,800
Est. remaining loan balance
-$410,168
Cash to seller
$59,032

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

Seller’s Loan History

Lender

Renasant Bank

Loan start date

May 2022

Original loan amount

$427,500

Est. remaining balance

$410,168

Interest rate

4.67%

Loan type

New Conventional, 30 year

Seller

Tyler Thompson and Stacy Thompson

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: 11/23/2024 at 2:40 AM

Listing updated: 10/28/2024 at 2:00 PM

Listed by: Brian M Raymond, Berkshire Hathaway HomeServices PenFed Phone #: (850) 267-0013

MLS: CentralPanhandle #760395

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