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$699,900

Beds
4
Baths
2.5
sq ft
2,375

3511 Cottage Cove Ln, Panama City, FL 32408

3511 Cottage Cove Ln

Panama City Beach, FL 32408

  • 209 days on market
    • Price drop $30,000↓
This Beautiful home in the gated Sanctuary Beach Community awaits You! Offering many upgrades throughout the home including white oak wood plank flooring throughout, 10 ft. ceilings and rod iron railing and banister in the stairway. The large open floor plan is great for entertaining guest! The custom kitchen offers upgraded stainless appliances and a designer 6 burner gas ZLINE stove with an electric oven. This well designed kitchen utilizes every bit of space and boast shaker style white cabinets and a breakfast bar with decorative pulls, trim work and white marble tops. Additional storage in kitchen is the hidden pantry to the left of the fridge, in what looks to simply be a cabinet. The first floor of this home features the kitchen and dining room open to the family room with a a half bath for guest. Additional upgrades throughout the living area of the home include decorative trim and upgraded lighting and plumbing fixtures. The half bath is painted a beautiful ocean blue with wainscoting trim and a statement furniture vanity piece. The double french doors in the family room open onto the covered back porch which is perfect for simply catching some fresh gulf air or having your morning coffee. The Master Suite is on the 1st floor and offers beautiful natural lighting throughout. Entering the master bath through reclaimed decorative pine shutter doors sets the tone for the free standing pedestal soaking tub, separate his and hers vanities, tiled glass enclosed shower and a large walk-in closet with built-in drawers. There are 3 bedrooms upstairs along with a full bath with double vanities and the laundry room. This beautiful home is just a short walk to the neighborhood community pool or to the bay, take your pick. Entertainment nearby includes Bay Points Jack Nicklaus Golf Course, the beach, boating and much more!

Details

Property type

Single Family Residence

Est. home value

$663,003

Lot size

3,485 sq ft

Price per sq ft

$295

Year built

2022

Annual property taxes

$6,261

Monthly HOA fee

$75.33

Price History

08/01/2024
CentralPanhandle

CentralPanhandle #753233

Listed
$699,900
08/01/2024
CentralPanhandle

CentralPanhandle #753233

Removed
$699,900
05/24/2024
CentralPanhandle

CentralPanhandle #753233

Price change
$699,900
-4.11%

Schools & Community

Neighborhood: 

Upper Grand Lagoon

Elementary school: 

Patronis

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

$169,681
Asking price
$699,900
Closing costs (~8% of asking)
-$55,992
Est. remaining loan balance
-$474,227
Cash to seller
$169,681

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

$474,227

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?

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3515 Cottage Cove Ln, Panama City, FL 32408

Status: Active

Tomo last checked: 09/20/2024 at 12:25 AM

Listing updated: 08/03/2024 at 8:13 AM

Listed by: Laura Hartzog, Coldwell Banker Realty Phone #: (850) 234-6696

MLS: CentralPanhandle #753233

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