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$815,000

Beds
3
Baths
2.0
sq ft
1,442

322 Palm Beach Dr, Panama City Beach, FL 32413

322 Palm Beach Dr

Panama City Beach, FL 32413

  • 155 days on market
    • Price drop $20,000↓
This charming Florida cottage in Inlet Beach Heights offers no HOA Fees, annual rental projections of $72K, and the perfect blend of comfort, style, convenience and location. Located only a few minutes' walk to Beach Access 95, this abode features an inviting open concept living space where natural light dances through the windows, creating a bright and airy atmosphere. Offered fully furnished, the living area is designed for both comfort and style, providing a perfect spot to unwind after a day of beach adventures. The modernized and fully equipped kitchen is a chef's delight, with stainless steel appliances, modern conveniences, and ample counter and storage space. But the newly constructed PRIVATE HEATED POOL in the back yard really puts the bow on this amazing beach retreat.

Details

Property type

Single Family Residence

Est. home value

$660,014

Lot size

5,227 sq ft

Price per sq ft

$566

Year built

2021

Annual property taxes

$6,467

HOA

No

Price History

11/11/2024
CentralPanhandle

CentralPanhandle #761579

Price change
$815,000
-2.4%
10/03/2024
CentralPanhandle

CentralPanhandle #761579

Price change
$835,000
-0.6%
08/20/2024
CentralPanhandle

CentralPanhandle #761579

Listed
$840,000
+95.35%

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

$412,683
Asking price
$815,000
Closing costs (~8% of asking)
-$65,200
Est. remaining loan balance
-$337,117
Cash to seller
$412,683

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

Seller’s Loan History

Lender

Crosscountry Mortgage Llc

Loan start date

May 2021

Original loan amount

$365,500

Est. remaining balance

$337,117

Interest rate

3.17%

Loan type

New Conventional, 30 year

Seller

Thomas C Macken and Mary Kailer Macken

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: 01/23/2025 at 12:10 AM

Listing updated: 01/18/2025 at 10:20 AM

Listed by: James Loznicka, 30A Coastal Life LLC Phone #: (850) 665-0664

MLS: CentralPanhandle #761579

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