tomo logo

$675,000

Beds
4
Baths
2.5
sq ft
2,375

3511 Cottage Cove Ln, Panama City, FL 32408

3511 Cottage Cove Ln

Panama City, FL 32408

  • 3 days on market
Beautiful, elegant, and easy to maintain, spacious 4 bedroom home nestled in the scenic wooded subdivision of Sanctuary Beach. This quality built Craftsman home has numerous custom upgrades and unique features adding to its charm and inviting atmosphere. It's in a great location within the subdivision, close to the community pool, a private neighborhood beach area and Bay access 1/4 mile from the home. This gorgeous, move in ready, custom home, with a spacious open floor plan, features white oak flooring, high ceilings and large windows allowing plenty of natural light into the home. The impressive kitchen showcases white cabinets, white marble countertops, shiplap and cedar backsplash, breakfast bar, upgraded stainless steel appliances, a ZLINE commercial grade stove featuring 6 gas burners, electric oven, range hood, and best of all, there's a hidden butler's pantry for so much extra storage. Large open dining area and living room, featuring a vaulted ceiling and 8ft French doors that open onto an oversized patio and the back yard. The main bedroom suite is conveniently located on the ground floor and boasts elegant 9ft reclaimed wood barn doors leading to the spa-like main bathroom, with marble floors, large glass shower, double vanities, a deep free standing tub, and a large walk-in closet with custom shelving. There is also a large half bath on the ground floor. Going upstairs, the stairway features custom iron-rod stair rails and wood stair treads. Upstairs you will find three additional spacious bedrooms, a second full bathroom with tiled shower/tub combo and double vanity, and a large laundry room with extra cabinets and countertops, and a window for extra natural light. All interior and exterior walls were insulated during construction, and blown-in insulation was installed above the ceilings. Paver driveway and 2 car garage for parking.The subdivision is within close proximity to the Jack Nicklaus Golf Course, several marinas, fine dining restaurants as well as St Andrews State Park, and the beautiful beaches of the Emerald Coast. Call today to see this adorable, elegant, easy to maintain custom home in the beautiful wooded subdivision of Sanctuary Beach and see for yourself everything it has to offer for relaxed coastal living!

Details

Property type

Single Family Residence

Est. home value

$663,003

Lot size

3,598 sq ft

Price per sq ft

$285

Year built

2022

Annual property taxes

$6,261

Monthly HOA fee

$66.67

Price History

01/10/2025
CentralPanhandle

CentralPanhandle #767451

Listed
$675,000
-0.59%
11/05/2024
CentralPanhandle

CentralPanhandle #753233

Removed
$679,000
10/31/2024
CentralPanhandle

CentralPanhandle #753233

Price change
$679,000
-2.99%

Schools & Community

Neighborhood: 

Upper Grand Lagoon

Elementary school: 

Patronis

Middle school: 

Surfside

High school: 

Arnold

Community features: 

Pool, Gated

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

$150,369
Asking price
$675,000
Closing costs (~8% of asking)
-$54,000
Est. remaining loan balance
-$470,631
Cash to seller
$150,369

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

Seller’s Loan History

Lender

Christensen Financial Inc

Loan start date

February 2022

Original loan amount

$500,000

Est. remaining balance

$470,631

Interest rate

3.22%

Loan type

New Conventional, 30 year

Seller

Dwayne Lamont Jones

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?

Status: Active

Tomo last checked: 01/22/2025 at 4:00 PM

Listing updated: 01/21/2025 at 12:19 AM

Listed by: Julie Dawn Woodward, Beachy Beach Real Estate Phone #: (850) 532-6262

MLS: CentralPanhandle #767451

CentralPanhandle logo

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