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$545,000

Beds
4
Baths
2.5
sq ft
2,491

2402 Pelican Bay Ct, Panama City, FL 32408

2402 Pelican Bay Ct

Panama City Beach, FL 32408

  • 372 days on market
    • Price drop $29,900↓
25K Price Drop! Welcome to 2402 Pelican Bay Court, in the desirable East End of PCB. This spacious 2500-square-foot home offers four roomy bedrooms, including a master suite with ample room and walk in closet space.As you step inside, you'll find an inviting open layout with the kitchen featuring a bar that flows into a cozy breakfast nook and spacious family room. For those special occasions, there's a formal dining room that's ready for gatherings or your lifestyle as a home school, office, or playroom.Outside, this property is a gem with its large lot, fenced backyard, and a covered back porch that's perfect for unwinding or hosting BBQs as well as the expansive side yard, ideal for outdoor activities.Also, space for the vehicles and storage, the oversized 2-car garage has room for two cars and more.The master suite at the back of the house features an updated master bath and walk-in closets, ensuring your comfort and convenience. Three additional bedrooms cater to family and guests. Hardwood and tile flooring are a bonus. One of the standout features of this home is its proximity to the community pool, clubhouse, and boat dock, offering views of St. Andrews Bay and the Hathaway Bridge. Whether you're in the mood for a swim, some fishing, or a leisurely golf cart ride, it's all just around the corner.Convenience is key here, with grocery stores, golf courses, a variety of restaurants, and those breathtaking Gulf of Mexico sunsets just minutes away.2402 Pelican Bay Court is the complete package, checking all the boxes for a comfortable and enjoyable lifestyle on Panama City Beach's East End. Come see it for yourself today!

Details

Property type

Single Family Residence

Est. home value

$584,768

Lot size

0.31 acres

Price per sq ft

$219

Year built

1998

Annual property taxes

$2,422

HOA fee

$800

Price History

06/25/2024
CentralPanhandle

CentralPanhandle #746512

Price change
$545,000
-5.2%
03/09/2024
CentralPanhandle

CentralPanhandle #746512

Price change
$574,900
+21.06%
03/09/2024
CentralPanhandle

CentralPanhandle #746512

Price change
$474,900
-20.72%

Schools & Community

Neighborhood: 

Upper Grand Lagoon

Elementary school: 

Patronis

Middle school: 

Surfside

High school: 

Arnold

Community features: 

Pool, Clubhouse

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

$170,983
Asking price
$545,000
Closing costs (~8% of asking)
-$43,600
Est. remaining loan balance
-$330,417
Cash to seller
$170,983

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

Seller’s Loan History

Lender

Broker Solutions Inc

Loan start date

October 2021

Original loan amount

$353,000

Est. remaining balance

$330,417

Interest rate

2.87%

Loan type

New Conventional, 30 year

Seller

George A Butchikas Ii and Rebekah Butchikas

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: 09/19/2024 at 10:35 PM

Listing updated: 09/06/2024 at 3:49 PM

Listed by: Team Don and Bubba, Counts Real Estate Group Inc Phone #: (850) 249-3615

MLS: CentralPanhandle #746512

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