tomo logo

$599,900

Beds
2
Baths
2.0
sq ft
945

4108 Ocean St, Panama City, FL 32408

4108 Ocean St

Panama City Beach, FL 32408

  • 271 days on market
    • Price drop $19,100↓
Whether you seek a delightful beachfront residence to call your own or a profitable investment in an excellent location, this property fits the bill. Currently utilized as a vacation rental investment, its prime location just south of Thomas Drive on Panama City Beach's east side makes it a standout choice. With some minor enhancements, you can elevate this home from good to exceptional. The seller is offering a generous $10,000 credit towards updates that will significantly enhance the property's appeal. Situated just minutes away from the stunning sandy beaches, this two-bedroom, two-bathroom home boasts no HOA fees and is conveniently less than 10 miles to Pier Park, with a plethora of local attractions nearby to entertain family and friends. Don't miss the opportunity to view this property - schedule a showing today and inquire for more details about everything it has to offer.

Details

Property type

Single Family Residence

Est. home value

$605,236

Lot size

6,098 sq ft

Price per sq ft

$635

Year built

1968

Price History

04/10/2024
EmeraldCoast

EmeraldCoast #946018

Price change
$599,900
-3.09%
03/29/2024
EmeraldCoast

EmeraldCoast #946018

Listed
$619,000
03/21/2024
CentralPanhandle

CentralPanhandle #746807

Removed
$619,000

Schools & Community

Neighborhood: 

Lower Grand Lagoon

Elementary school: 

Patronis

Middle school: 

Breakfast Point

High school: 

Arnold

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

First Federal Bank

Loan start date

November 2020

Original loan amount

$245,750

Est. remaining balance

$223,362

Interest rate

2.87%

Loan type

New Conventional, 30 year

Seller

Vietor Carnero and Carol Ann Carnero

Lender

Raul E Zunzunegui Etux

Loan start date

February 2017

Original loan amount

$70,000

Est. remaining balance

Not provided

Interest rate

4.3%

Loan type

Commercial, 5 year

Seller

Carol Ann Carnero and Carol Emery Carnero Trust

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: 12/25/2024 at 2:15 PM

Listing updated: 11/14/2024 at 12:16 PM

Listed by: Chelsea M Lee, Chelsea M Lee, Chelsea M Lee, Chelsea M Lee, Chelsea M Lee, Chelsea M Lee, Chelsea M Lee, Blue Skies Real Estate Phone #: (850) 628-2290

MLS: EmeraldCoast #946018

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