tomo logo

$545,000

Beds
3
Baths
3.0
sq ft
1,823

2400 Grandiflora Blvd Unit E601, Panama City, FL 32408

2400 Grandiflora Blvd Unit E601

Panama City, FL 32408

  • 12 days on market
BAYFRONT LIVING AT MAGNOLIA BAY! Welcome to your coastal oasis at Magnolia Bay! This exceptional 3-bedroom, 3-bathroom condominium nestled on the serene bayfront, offers a lifestyle of luxury and convenience. Featured are two master bedrooms and private bathrooms, with an added bonus of a generously sized bonus room, perfect for a second bedroom or your home office. This condo features stainless steel VIKING appliances, custom granite countertops, tile and luxury vinyl plank flooring throughout, a custom marble wall under the kitchen bar area, plantation blinds and custom drapes, new hot water heater 2017, and new HVAC and dishwasher. The open concept design seamlessly leads to an expansive, wrap around, corner balcony, inviting you to enjoy bayfront views, including those mesmerizing sunsets! This bayfront condo is a coastal living haven, just a short boat ride away from the emerald waters of the Gulf of Mexico. This gated community boasts a wealth of amenities for your pleasure to include a waterfront fitness room, a community room complete with a pool table and a pool that is heated during several months. For outdoor enthusiasts, a pier and kayak rack are available, ensuring you can make the most of the bay at your leisure. This unit comes with one covered parking space. Don't miss the chance to experience bayfront living in this splendid coastal condominium! As always, dimensions are approximate. Buyer to verify if deemed important.

Details

Property type

Condominium

Est. home value

$532,898

Lot size

Unknown

Price per sq ft

$299

Year built

2008

Annual property taxes

$2,360

Monthly HOA fee

$1,011.35

Price History

12/09/2024
CentralPanhandle

CentralPanhandle #765989

Listed
$545,000
-0.89%
02/03/2024
CentralPanhandle

CentralPanhandle #744656

Removed
$549,900
08/02/2023
CentralPanhandle

CentralPanhandle #744656

Listed
$549,900

Schools & Community

Neighborhood: 

Upper Grand Lagoon

Elementary school: 

Patronis

Middle school: 

Surfside

High school: 

Arnold

Community features: 

Pool, Gated, Clubhouse, Fitness Center, Fishing, Playground

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

$355,379
Asking price
$545,000
Closing costs (~8% of asking)
-$43,600
Est. remaining loan balance
-$146,021
Cash to seller
$355,379

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

Seller’s Loan History

Lender

Pnc Bank Na

Loan start date

October 2021

Original loan amount

$178,000

Est. remaining balance

$146,021

Interest rate

2.19%

Loan type

New Conventional, 15 year

Seller

James R Herrington Jr and Sherry A Herrington

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: 12/22/2024 at 4:35 AM

Listing updated: 12/09/2024 at 9:59 PM

Listed by: Kelly Hamlin, Home Town Realty Partners LLC Phone #: (850) 725-2000

MLS: CentralPanhandle #765989

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