tomo logo

$525,000

Beds
3
Baths
2.0
sq ft
1,923

3616 Oakwood Ct, Panama City, FL 32408

3616 Oakwood Ct

Panama City, FL 32408

  • 1 day on market
SHORT TERM RENTAL APPROVED AND NO HOA! Not only is this the best priced single family home with a pool in the north lagoon area, it's also a fantastic income opportunity. Having brought in more than $50,000 in 2023 and another $50,000+ in 2024, even with the owners using =it during the winter months, makes this a rare find. This 3 bedroom/2 bath features a split floor plan with open living. Upgrades include new LVP flooring (being installed in the next week), a new roof in 2019, new AC, an updated pool pump and irrigation system, and more. In addition to being sold fully furnished, this amazing home is also less than 3 miles from the beautiful sandy beaches and great restaurants. Sold fully furnished, this incredible home is less than 3 miles from beautiful sandy beaches and excellent restaurants. Don't miss out on this exceptional​​‌​​​​‌​‌​​​​‌​​‌​​​​‌‌ opportunity!

Details

Property type

Single Family Residence

Est. home value

$462,415

Lot size

0.25 acres

Price per sq ft

$274

Year built

2000

Annual property taxes

$4,229

HOA

No

Price History

01/24/2025
CentralPanhandle

CentralPanhandle #767670

Listed
$525,000
+34.22%
06/14/2022
CentralPanhandle

CentralPanhandle #725461

Sold
$391,140

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

$201,084
Asking price
$525,000
Closing costs (~8% of asking)
-$42,000
Est. remaining loan balance
-$281,916
Cash to seller
$201,084

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

Seller’s Loan History

Lender

Primelending

Loan start date

June 2022

Original loan amount

$293,355

Est. remaining balance

$281,916

Interest rate

5.1%

Loan type

New Conventional, 30 year

Seller

Bryan L Hale and Reyna E Hale

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: 01/26/2025 at 1:30 AM

Listing updated: 01/24/2025 at 1:39 PM

Listed by: Nathan Lawrence, Legacy Premier Agency Phone #: (850) 468-2100

MLS: CentralPanhandle #767670

CentralPanhandle logo

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