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$575,000

Beds
2
Baths
2.0
sq ft
1,196

312 Coronado Pl, Panama City Beach, FL 32413

312 Coronado Pl

Panama City Beach, FL 32413

  • 58 days on market
    • Price drop $10,000↓
This Beach Cottage is a charmer! A premium Laguna Beach location waiting for you! 2-bed's & 2-bath's, 9' ceilings, and much, much more are included in 1,196 square feet of cozy beach-life culture!! Furnishings are negotiable, and you benefit from the updating accomplished in late 2022 including: interior and exterior painting; new lighting fixtures, (some LED); appliances; butcher-block kitchen countertops; LVP flooring; toilets and more. Outside: a covered patio; a shed; and a privacy fence to ensure a pristine space for relaxing in the shade as you smell the salt air (yes, you are that close). Feel the confidence of having a metal roof. Never worry about the power going out since this home is equipped with a home generator for emergencies. Short-term rental projections are available by request. .

Details

Property type

Single Family Residence

Est. home value

$411,901

Lot size

3,049 sq ft

Price per sq ft

$481

Year built

2006

Annual property taxes

$3,096

HOA

No

Price History

08/05/2024
CentralPanhandle

CentralPanhandle #760347

Price change
$575,000
-1.71%
07/09/2024
CentralPanhandle

CentralPanhandle #760347

Listed
$585,000
+56%
08/24/2022
CentralPanhandle

CentralPanhandle #726789

Sold
$375,000

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

$171,362
Asking price
$575,000
Closing costs (~8% of asking)
-$46,000
Est. remaining loan balance
-$357,638
Cash to seller
$171,362

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

August 2022

Original loan amount

$368,207

Est. remaining balance

$357,638

Interest rate

5.3%

Loan type

FHA, 30 year

Seller

Albert Scott and Patricia Ward

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: 09/13/2024 at 10:09 AM

Listed by: Daniel Hagen, Robert Slack, LLC Phone #: (352) 363-6982

MLS: CentralPanhandle #760347

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