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$415,000

Beds
2
Baths
2.0
sq ft
1,030

3809 Mystic St, Panama City, FL 32408

3809 Mystic St

Panama City, FL 32408

  • 143 days on market
    • Price drop $10,000↓
**Your Coastal Dream Awaits!** Introducing the ultimate 2-bedroom, 2-bathroom beach cottage--completely furnished and turn-key ready! This charming gem has been beautifully renovated, offering you a perfect blend of comfort and style just a stone's throw away from Panama City's stunning beaches. Why Choose This Beach Cottage?Unbeatable Location: Nestled within walking distance to pristine sandy shores, you'll have endless opportunities for sunbathing, swimming, and soaking up the sun. Plus, you're only minutes away from boat ramps and an array of delectable restaurants and vibrant entertainment options. Move-In Ready: With luxury vinyl flooring throughout, this home is a seamless mix of functionality and elegance--no renovations needed! Simply unpack your bags and dive into your new beachside lifestyle. Fenced Backyard:Enjoy your own private outdoor oasis! This fenced space is perfect for gatherings, barbecues, or relaxing under the stars after a day of adventure.Smart Investment: Escape the HOA headaches with NO HOA fees! Plus, with short-term rentals permitted, seize the opportunity to turn your beach home into a profitable investment. Outdoor Paradise: Whether you love boating, fishing, or beach-combing, this location is a haven for outdoor enthusiasts. The local area is rich with activities, ensuring you'll never run out of fun things to do. Ideal Winter Retreat: Picture cozy evenings by the beach as you relax in your peaceful beach cottage--it's the perfect escape from the hustle and bustle of everyday life!Don't let this golden opportunity slip through your fingers! Whether you're seeking an investment, a winter getaway, or your forever home, this coastal paradise is ready and waiting for you. Act fast and make this dream reality!**Contact us today to schedule your private tour and take the first step towards owning your beach cottage!**

Details

Property type

Single Family Residence

Est. home value

$385,156

Lot size

4,800 sq ft

Price per sq ft

$403

Year built

1993

Annual property taxes

$2,342

HOA

No

Price History

12/28/2024
CentralPanhandle

CentralPanhandle #763378

Price change
$415,000
-2.35%
09/28/2024
CentralPanhandle

CentralPanhandle #763378

Listed
$425,000
+12.07%
04/24/2023
CentralPanhandle

CentralPanhandle #735212

Sold
$379,240
+178.85%

Schools & Community

Neighborhood: 

Lower 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

$65,637
Asking price
$415,000
Closing costs (~8% of asking)
-$33,200
Est. remaining loan balance
-$316,163
Cash to seller
$65,637

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

Seller’s Loan History

Lender

Cardinal Financial Company Lp

Loan start date

April 2023

Original loan amount

$322,354

Est. remaining balance

$316,163

Interest rate

6.73%

Loan type

New Conventional, 30 year

Seller

Alexander D Wynn

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: 02/23/2025 at 1:25 AM

Listing updated: 02/02/2025 at 1:39 AM

Listed by: Coastal Vibes Luxury Beach Group, Gulf Life Real Estate Inc Phone #: (850) 699-1996

MLS: CentralPanhandle #763378

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