tomo logo

$410,700

Beds
3
Baths
3.0
sq ft
1,485

2400 Grandiflora Blvd Unit E707, Panama City, FL 32408

2400 Grandiflora Blvd Unit E707

Panama City Beach, FL 32408

  • 125 days on market
Welcome to Magnolia Bay Club gated community with fantastic views of St. Andrews Bay. One of the sweetest opportunities in the Panama City Beach area. This well constructed condominium is one of the best kept secrets in the area. The kitchen overlooks the living room with pristine views of the Bay/Harbor. The master has it own personal view of bay and large walk-in closet, separate shower and whirlpool. 2nd bedroom offer private bath. 3rd bedroom could be office, etc. This unit comes fully furnished, ready to occupy, all appliances to remain with home. Amenities include a beautiful lagoon pool overlooking the bay, exercise room in addition to a meeting room that can be used for family gatherings, or just to shoot a friendly game of pool . Unit comes with one assigned covered parking spot and additional parking available. Seller offering up to $5000 Flooring allowance.

Details

Property type

Condominium

Est. home value

$408,171

Lot size

Unknown

Price per sq ft

$277

Year built

2008

Annual property taxes

$4,296

Monthly HOA fee

$1,066.74

Price History

08/19/2024
CentralPanhandle

CentralPanhandle #761541

Listed
$410,700
+0.17%
04/06/2022
CentralPanhandle

CentralPanhandle #723172

Sold
$410,000
+26.15%
06/25/2021
CentralPanhandle

CentralPanhandle #705179

Sold
$325,000

Schools & Community

Neighborhood: 

Upper Grand Lagoon

Elementary school: 

Patronis

Middle school: 

Surfside

High school: 

Arnold

Community features: 

Pool, Gated, Clubhouse, Fitness Center, Curbs, Sidewalks

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

$104,969
Asking price
$410,700
Closing costs (~8% of asking)
-$32,856
Est. remaining loan balance
-$272,875
Cash to seller
$104,969

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

Seller’s Loan History

Lender

Primelending

Loan start date

April 2022

Original loan amount

$287,000

Est. remaining balance

$272,875

Interest rate

3.92%

Loan type

New Conventional, 30 year

Seller

Jerry David Nole and Penny Nole

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: 12/23/2024 at 9:25 AM

Listing updated: 12/23/2024 at 8:09 AM

Listed by: Betty Brewer LLC, Berkshire Hathaway HomeServices Beach Properties of Florida Phone #: (850) 252-4160

MLS: CentralPanhandle #761541

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