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$2,950,000

Beds
5
Baths
6.0
sq ft
3,416

402 Lakefront Dr, Panama City Beach, FL 32413

402 Lakefront Dr

Panama City Beach, FL 32413

  • <1 day on market
Uniquely positioned on corner lot, across the street from a year 'round heated community pool, with both gulf AND lake views, and just steps to the walkover, this lovely, newer beach home has it all. Featuring newer constructed main house, guest house, outdoor kitchen, outdoor fireplace and open 3rd floor viewing tower, you and your guests will share the good life of Carillon Beach. The main house affords 4 bedrooms (two masters), 3-1/2 baths, open floor plan with kitchen, dining and living space, first floor screened in porch and tower. The guest house offers two bedrooms and 2-1/2 baths as well as an ample second floor living-dining-kitchen area with additional 1/2 bath. Both homes have outdoor showers. This mini-compound is located directly across the street from the Lake Carillon swimming pool (heated by the HOA year 'round) and a few steps from from the beach walkover. Because of its newer construction, coupled with its prime location, literally steps from the beach walkover and a heated pool, this home rents extremely well with confirmed 2025 bookings to date of 94k. (Buyer must honor existing 2025 bookings.) Based upon history, expectancy of full year nightly rental bookings in the range of 165k-180k. Boasting 3900 linear ft. of pristine re-nourished, never-crowded sugary sand beach, Carillon Beach is a quaint, private, strategically situated, secluded and gated community offering 3 community pools (two heated year-round, tennis court, pickle ball courts, children's play area, full court basketball area, meeting house and select shops and dining opportunities. The upscale shopping and restaurants of Rosemary Beach and 30AVENUE are but a 5 minute drive away. Carillon will never experience the heavy traffic associated with certain other high-end areas due to its being gated and buffered on the west by Lake Powell and the state park, allowing you to enjoy proximity to all of the many benefits of 30A with none of the burdens. Unlike several communities to the west, golf carts are permitted in Carillon. Offered for sale furnished, ''AS-IS'' with a few personal items excluded. All lot, home, room dimensions are approximates and should be independently verified.

Details

Property type

Single Family Residence

Est. home value

$3,061,224

Lot size

6,534 sq ft

Price per sq ft

$864

Year built

2014

Annual property taxes

$21,748

Monthly HOA fee

$496.66

Price History

01/13/2025
CentralPanhandle

CentralPanhandle #767237

Listed
$2,950,000
+28.26%
07/23/2021
CentralPanhandle

CentralPanhandle #704796

Sold
$2,300,000
+422.73%
09/26/2013
CentralPanhandle

CentralPanhandle #611305

Sold
$440,000

Schools & Community

Elementary school: 

West Bay

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

$2,153,182
Asking price
$2,950,000
Closing costs (~8% of asking)
-$236,000
Est. remaining loan balance
-$560,818
Cash to seller
$2,153,182

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

Seller’s Loan History

Lender

Renasant Bank

Loan start date

July 2021

Original loan amount

$700,000

Est. remaining balance

$560,818

Interest rate

2.27%

Loan type

New Conventional, 15 year

Seller

Larke L Lanier and Michael E Lanier

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: 01/15/2025 at 2:30 AM

Listing updated: 01/14/2025 at 8:20 PM

Listed by: Martin L Sandel, SANDELS BY THE SEA, LLC Phone #: (216) 214-0145

MLS: CentralPanhandle #767237

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