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$1,395,000

Beds
4
Baths
4.5
sq ft
2,675

4100 Marriott Dr Unit 401, Panama City, FL 32408

4100 Marriott Dr Unit 401

Panama City Beach, FL 32408

  • 217 days on market
    • Price drop $105,000↓
Adjusted Price - Quite the OPPORTUNITY! Where else can you find a 2675 SQUARE FOOT 4 bedroom, 4.5 bath condo that has a golf course view, a resort pool view, a view of Shell Island AND the State Park -- all the while watching all sizes of boats and jet skis go by on the way to the Gulf of Mexico? Unit 401 at Reflections is your answer! It comes BEAUTIFULLY furnished and the fees include insurance on the building, pest control, water, sewer, internet, tv channels, and trash. Brand new Water Heater installed in February of 2024- Bay Point boasts a BEAUTIFUL new Marina which is basically a few hundred steps away from the building. Sunsets are gorgeous from your huge 335 square foot Balcony- You could buy a golf membership as well if you love the sport. The great thing is it can be your permanent home with the ability to rent it out if your plans ever change during your ownership. These corner units rarely are for sale so this is your chance to be proud of a Panama City Beach investment--- It is certainly time to ''reflect'' on the idea! Current owners have a rental history of $70,000 last year even though they use it often for themselves and their families.

Details

Property type

Condominium

Est. home value

$881,761

Lot size

Unknown

Price per sq ft

$522

Year built

2007

Monthly HOA fee

$1,050

Price History

05/17/2024
CentralPanhandle

CentralPanhandle #752872

Price change
$1,395,000
-7%
05/07/2024
CentralPanhandle

CentralPanhandle #752872

Removed
$1,500,000
02/15/2024
CentralPanhandle

CentralPanhandle #752872

Listed
$1,500,000
+130.77%

Schools & Community

Neighborhood: 

Upper Grand Lagoon

Elementary school: 

Patronis

Middle school: 

Surfside

High school: 

Arnold

Community features: 

Pool

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

Traditions Bank

Loan start date

December 2022

Original loan amount

$80,000

Est. remaining balance

Not provided

Interest rate

7.08%

Loan type

Commercial, 1 year

Seller

Donald Wayne Shaw Jr and Kelly P Shaw

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: 09/20/2024 at 5:45 PM

Listing updated: 08/19/2024 at 5:14 PM

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

MLS: CentralPanhandle #752872

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