tomo logo

$725,000

Beds
4
Baths
3.5
sq ft
2,132

311 Wisteria Ln, Panama City Beach, FL 32413

311 Wisteria Ln

Panama City Beach, FL 32413

  • 77 days on market
Welcome to your perfect investment property nestled in the heart of Panama City Beach! This stunning home offers partial views of the Gulf from its balcony, adding to its allure as a lucrative option for vacation rentals. With already $30,000 in bookings for 2024, this property promises a steady income stream from day one. The expansive backyard and open concept layout are tailor-made for entertaining, accommodating large or multiple families seeking an unforgettable vacation experience. Featuring a master bedroom and bath on the first floor, two additional bedrooms on the second floor, and a cozy loft bedroom on the third floor, this home offers ample space for relaxation and privacy. Plus, with plenty of parking space, convenience is never an issue.Centrally located between 30A and Pier Park, residents will enjoy easy access to a myriad of shopping and dining options, ensuring endless entertainment possibilities. Surrounded by new construction, this area is poised for continued growth, making it an ideal investment for savvy buyers seeking long-term appreciation.Don't miss out on this prime opportunity to own a piece of paradise in one of Florida's most sought-after destinations. Schedule your showing today and start turning dreams into reality!

Details

Property type

Single Family Residence

Est. home value

$618,979

Lot size

6,098 sq ft

Price per sq ft

$341

Year built

2005

HOA

No

Price History

09/06/2024
CentralPanhandle

CentralPanhandle #762354

Listed
$725,000
-2.55%
09/01/2024
CentralPanhandle

CentralPanhandle #752584

Removed
$744,000
04/05/2024
CentralPanhandle

CentralPanhandle #752584

Price change
$744,000
-0.67%

Schools & Community

Elementary school: 

West Bay

Middle school: 

Surfside

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

$310,395
Asking price
$725,000
Closing costs (~8% of asking)
-$58,000
Est. remaining loan balance
-$356,605
Cash to seller
$310,395

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

Seller’s Loan History

Lender

Cardinal Financial Company Lp

Loan start date

November 2020

Original loan amount

$391,500

Est. remaining balance

$356,605

Interest rate

2.87%

Loan type

New Conventional, 30 year

Seller

Allison Kreis and Brian Kreis

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: 11/23/2024 at 2:30 AM

Listing updated: 09/06/2024 at 1:30 PM

Listed by: Kris S Laidlaw, AIM Realty of the Emerald Coast LLC Phone #: (850) 608-8101

MLS: CentralPanhandle #762354

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