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$255,000

Beds
3
Baths
1.5
sq ft
1,148

3915 W 25th Ct, Panama City, FL 32405

3915 W 25th Ct

Panama City, FL 32405

  • 30 days on market
    • Price drop $5,000↓
Welcome to The Surf Shack - a prime investment opportunity or your next charming home. This property features three bedrooms and one and a half bathrooms, making it ideal for a variety of living arrangements. Situated close to the bay, this home offers easy access to waterfront activities and scenic views. The property is tastefully decorated and has been meticulously maintained, presenting a turn-key vacation rental opportunity. It is currently optimized for Airbnb, providing a great rental return for investors looking to capitalize on the thriving short-term rental market in Panama City. With YTD rentals at 38K.The interior of the home is designed for comfort and functionality, with a layout that maximizes space and natural light. Each bedroom is well-proportioned, offering ample space for relaxation. The kitchen and living areas are inviting and perfect for both everyday living and entertaining guests.This property's location is another significant advantage. Being in close proximity to local amenities, shopping centers, and dining options, it offers convenience for both residents and vacationers. The neighborhood is known for its friendly community atmosphere and easy access to the beautiful Panama City beaches.Investors will appreciate the strong rental history and the potential for continued high returns. The home is fully equipped and ready to welcome guests, making it a hassle-free addition to any rental portfolio.Do not miss the opportunity to own this versatile property in a sought-after location. Whether you are looking for a new home or a profitable investment, The Surf Shack is a property that meets all the criteria for a smart real estate purchase.

Details

Property type

Single Family Residence

Est. home value

$103,352

Lot size

6,970 sq ft

Price per sq ft

$223

Year built

1940

Annual property taxes

$880

HOA

No

Price History

12/14/2024
CentralPanhandle

CentralPanhandle #765356

Price change
$255,000
-1.92%
11/21/2024
CentralPanhandle

CentralPanhandle #765356

Listed
$260,000

Schools & Community

Elementary school: 

Lucille Moore

Middle school: 

Jinks

High school: 

Bay

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Ps Funding Inc

Loan start date

March 2022

Original loan amount

$153,750

Est. remaining balance

Not provided

Interest rate

3.56%

Loan type

Commercial, 30 year

Seller

Gba Connections Llc

Lender

Thomas J Sterrett

Loan start date

November 2020

Original loan amount

$140,000

Est. remaining balance

Not provided

Interest rate

2.81%

Loan type

Purchase Money Mortgage, 20 year

Seller

Gba Connections Llc

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: 12/22/2024 at 11:05 AM

Listing updated: 12/14/2024 at 4:39 AM

Listed by: Whitney N Dubroca, Corcoran Reverie Phone #: (850) 231-5030

MLS: CentralPanhandle #765356

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Recently listed in Panama City