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$625,000

Beds
4
Baths
3.0
sq ft
1,873

2402 Allison Ave, Panama City, FL 32408

2402 Allison Ave

Panama City, FL 32408

  • 1 day on market
Your Coastal Escape Awaits - Fully Furnished & Rental Ready! Tucked just minutes from the beach and booked through June, this beautifully styled 4-bedroom, 3-bath home is more than just a property - it's an experience. Whether you're looking for a high-performing short-term rental or your own slice of paradise, 2402 Allison Ave delivers. Step inside and feel the difference: themed bedrooms like the ''Cowgirl Room'' and primary ''Surfboard Room'' charm every guest, while the open-concept living space flows seamlessly into a designer kitchen with quartz countertops, stainless appliances, and a cozy dining nook. The primary suite offers a spa-like retreat with a freestanding tub, oversized walk-in shower, and double vanity. But the true highlight? The backyard. Grill out under the pergola, sip wine by the fire pit, or serve up fun on your very own bocce ball court! This home was made for entertaining, relaxing, and maximizing the Florida lifestyle. Built in 2022, located in Flood Zone X, and offered fully furnished (exclusions apply), this property is turn-key ready! Just 1 mile from the Gulf, with no HOA and room to grow.Income-producing, memory-making, and beautifully move-in ready - this one checks all the boxes!

Details

Property type

Single Family Residence

Est. home value

$541,940

Lot size

7,125 sq ft

Price per sq ft

$334

Year built

2022

Annual property taxes

$5,240

HOA

No

Price History

03/31/2025
CentralPanhandle

CentralPanhandle #771167

Listed
$625,000
+20.19%
01/27/2023
CentralPanhandle

CentralPanhandle #732975

Sold
$520,000
+383.72%
06/24/2022
CentralPanhandle

CentralPanhandle #726452

Sold
$107,500

Schools & Community

Neighborhood: 

Upper Grand Lagoon

Elementary school: 

Breakfast Point

Middle school: 

Breakfast Point

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

$195,126
Asking price
$625,000
Closing costs (~8% of asking)
-$50,000
Est. remaining loan balance
-$379,874
Cash to seller
$195,126

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

Seller’s Loan History

Lender

Homebridge Financial Services Inc

Loan start date

January 2023

Original loan amount

$390,000

Est. remaining balance

$379,874

Interest rate

6.33%

Loan type

New Conventional, 30 year

Seller

Jeremy Farrell and Amberleigh Farrell

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: 04/02/2025 at 2:15 AM

Listing updated: 03/31/2025 at 2:40 PM

Listed by: Elinore K Renyer, EXP Realty LLC Phone #: (888) 883-8509

MLS: CentralPanhandle #771167

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