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$2,500,000

Beds
5
Baths
4.5
sq ft
3,788

411 La Valencia Cir, Panama City Beach, FL 32413

411 La Valencia Cir

Panama City Beach, FL 32413

  • 48 days on market
To say this luxurious Mediterranean-style home in the exclusive gated community of La Valencia is a rare find would be an understatement. Not only does its location make it highly sought after, the fact that this 3,800 sq.ft. 5 bedroom/4.5 bathroom can do short-term rental makes it an incredible find (there is also a 13 x 20 downstairs game room that could be a 6th bedroom). Located on the West End of Panama City Beach, the amenities and gulf views you get here are unmatched. In addition to being the largest lot within the community, you're also located directly across the street from Public Beach Access # 86. On top of being sold fully furnished, you'll also love that this rental machine has two master bedrooms, each having a private balcony and bathroom. The oversized rooms and kitchen make this perfect for large families and are one of the many reasons this property rents so well. Visiting this property in person, you'll see very quickly just how grand it is. The seller is also replacing the countertops and will let you choose them before closing. La Valencia's amenities include two pools: one beachfront with gated access and another within the community next to the clubhouse. The clubhouse pool features a jacuzzi, along with a seasonally heated pool. There is also a fitness center, a pickleball court, and a tennis court. If you're looking for luxury and the ability to generate rental income this home will not disappoint!

Details

Property type

Single Family Residence

Est. home value

$1,476,272

Lot size

0.31 acres

Price per sq ft

$660

Year built

2002

Annual property taxes

$16,919

Monthly HOA fee

$233.33

Price History

08/02/2024
CentralPanhandle

CentralPanhandle #760814

Listed
$2,500,000

Schools & Community

Elementary school: 

West Bay

Middle school: 

Surfside

High school: 

Arnold

Community features: 

Pool, Fitness Center, Gated, Tennis Court(s)

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

$2,186,168
Asking price
$2,500,000
Closing costs (~8% of asking)
-$200,000
Est. remaining loan balance
-$113,832
Cash to seller
$2,186,168

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

Seller’s Loan History

Lender

Branch Banking And Trust Co

Loan start date

April 2013

Original loan amount

$401,000

Est. remaining balance

$113,832

Interest rate

2.76%

Loan type

New Conventional, 15 year

Seller

Nadir Panjwani

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: 09/19/2024 at 1:10 PM

Listing updated: 08/02/2024 at 10:03 AM

Listed by: Nathan Lawrence, Keller Williams Success Realty Phone #: (850) 249-0313

MLS: CentralPanhandle #760814

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