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$650,000

Beds
4
Baths
3.0
sq ft
3,164

2527 Pelican Bay Dr, Panama City, FL 32408

2527 Pelican Bay Dr

Panama City, FL 32408

  • 136 days on market
    • Price drop $20,000↓
Welcome to your new home in the prestigious coastal community of Pelican Bay. Nestled along the serene shores of Panama City's Grand Lagoon, this tranquil and inviting neighborhood is the perfect place to call home.As you arrive at this elegant two-story residence, you'll be greeted by the quiet dignity of its manicured lawn and picturesque palm trees, all evoking a quintessential seaside vibe. Step inside, and you'll be welcomed by soaring ceilings and an abundance of windows that bathe the space in the warm Florida sunshine.The grand foyer sets the tone for this sophisticated home. To your right, a cozy bedroom that can easily double as an office or music room. To your left, a formal dining room, perfect for hosting elegant dinners, which can also transform into a home office or workout space.Just a few steps further, and you'll find yourself in the heart of the home. The open floor plan seamlessly connects the living room, kitchen, and breakfast room, all with views of the sparkling pool and private, tree-lined backyard that borders a dedicated preservation area. This level also includes a convenient laundry room and a full bath.The private master suite on the first floor is a true retreat. It features a spacious walk-in closet, a spa-like master bath, and direct access to the screened back porch, perfect for enjoying quiet mornings or peaceful evenings.Upstairs, you'll find a sizable 36 x 15 bonus room, which can serve as a fifth bedroom, media room, or playroom. Additionally, there are two more bedrooms, an abundance of storage space, another full bath, and a 240-square-foot balcony that overlooks the yard and pool. Be sure to keep an eye out for the attention to detail and thoughtful design in every area of the home.Step outside, and you're just yards away from the community clubhouse, which offers its own pool, hot tub, and a dock on the bay with spectacular views. You'll also be minutes from the vibrant dining and entertainment options of Panama City and Panama City Beach, as well as the world's most beautiful white sand beaches.Don't miss the opportunity to experience luxurious coastal living in Pelican Bay. Schedule your private showing today and discover the perfect blend of elegance, comfort, and seaside charm.Note: All measurements are approximate. Information is believed to be accurate but should be verified by the buyer if important.

Details

Property type

Single Family Residence

Est. home value

$824,210

Lot size

0.32 acres

Price per sq ft

$206

Year built

2002

HOA fee

$751

Price History

08/02/2024
CentralPanhandle

CentralPanhandle #757634

Price change
$650,000
-2.99%
07/19/2024
CentralPanhandle

CentralPanhandle #757634

Price change
$670,000
-0.74%
07/04/2024
CentralPanhandle

CentralPanhandle #757634

Price change
$675,000
-2.88%

Schools & Community

Neighborhood: 

Upper Grand Lagoon

Elementary school: 

Patronis

Middle school: 

Surfside

High school: 

Arnold

Community features: 

Pool, Clubhouse

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Bank One National Assn

Loan start date

August 2002

Original loan amount

$50,000

Est. remaining balance

Not provided

Interest rate

6.03%

Loan type

Credit Line (Revolving), 15 year

Seller

R Brett Royer and Jeanne Lee Carden

Lender

The Bank

Loan start date

July 2001

Original loan amount

$185,000

Est. remaining balance

Not provided

Interest rate

7.2%

Loan type

Building or Construction Loan

Seller

R Brett Royer and Jeanne Lee Carden

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: 10/07/2024 at 6:55 PM

Listing updated: 09/26/2024 at 11:11 PM

Listed by: Clay Owens, Compass Florida, LLC Phone #: (305) 851-2820

MLS: CentralPanhandle #757634

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