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$475,000

Beds
2
Baths
2.0
sq ft
1,458

4100 Marriott Dr Unit 203, Panama City, FL 32408

4100 Marriott Dr Unit 203

Panama City Beach, FL 32408

  • 224 days on market
    • Price drop $20,000↓
Need a new home? This would be perfect to see if you enjoy condo living. How exciting to have a view of the Grand Lagoon and St Andrew Bay on a daily basis! The beauty at Reflections is you can be a permanent resident or you can use your investment as a short term or long term rental. It is so nice to leave landscaping, pool servicing, trash disposal, building maintenance, pest control, water, sewer, insurance on the building and Roku charges in the monthly HOA fees. This 2 bedroom, 2 bath unit sleeps 6 with almost 1300 square feet of heated and cooled space with a private balcony as well. Bay Point gets rave reviews, so join in the fun to own a property there. Reflections at Bay Point will not disappoint.

Details

Property type

Condominium

Est. home value

$437,397

Lot size

Unknown

Price per sq ft

$326

Year built

2007

Monthly HOA fee

$1,050

Price History

08/07/2024
CentralPanhandle

CentralPanhandle #752637

Price change
$475,000
-4.04%
02/10/2024
CentralPanhandle

CentralPanhandle #752637

Listed
$495,000
+110.64%
05/22/2020
CentralPanhandle

CentralPanhandle #693726

Sold
$235,000
+46.88%

Schools & Community

Neighborhood: 

Upper Grand Lagoon

Elementary school: 

Patronis

Middle school: 

Surfside

High school: 

Arnold

Community features: 

Pool, Fitness Center

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

$265,672
Asking price
$475,000
Closing costs (~8% of asking)
-$38,000
Est. remaining loan balance
-$171,328
Cash to seller
$265,672

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

Seller’s Loan History

Lender

Fbt Mortgage Llc

Loan start date

May 2020

Original loan amount

$188,000

Est. remaining balance

$171,328

Interest rate

3.33%

Loan type

New Conventional, 30 year

Seller

Josiedith Castaneda and Ralfie Castaneda

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: 09/21/2024 at 9:40 PM

Listing updated: 08/07/2024 at 9:13 PM

Listed by: Holli Persall, ERA Neubauer Real Estate Inc Phone #: (850) 230-3665

MLS: CentralPanhandle #752637

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