tomo logo

$1,400,000

Beds
4
Baths
4.0
sq ft
2,484

4120 Utes Dr, Panama City, FL 32408

4120 Utes Dr

Panama City Beach, FL 32408

  • 237 days on market
    • Price drop $50,000↓
LOCATION! LOCATION! Beautiful 4 bedroom/4 bath home located in popular Panama City Beach! Owners and guests are just steps to the powdered sugar beaches as well as locally owned restaurants and bars. This house is part of a package deal. The adjacent twin home is currently available for sale as well and provides the ability to own two passive income-producing rentals with shared amenities. Or imagine living in one and renting the other. Envision your perfect snowbird home and have the ability to rent the home next door so that you never miss out on income. These homes are perfect for multiple families or friends vacationing together, reunions, bike enthusiasts, destination weddings, sports team families coming to PCB for tournaments, as well as golfers. Imagine two retired besties living next door to each other! An added benefit is having no HOA! The open-concept layout seamlessly connects the living, dining, and kitchen areas, creating an inviting space for both relaxation and entertainment. Whip up delicious meals in the beautiful kitchen, equipped with stainless steel appliances, while enjoying the company of friends and family. Four sizeable bedrooms, each with its ensuite bath providing ample space for privacy and rest. Large patios/decks off the bedrooms provide a tranquil spot for morning coffee or beverage of your choice in the evenings. Enjoy awesome gulf views from the third-floor decks.One of the most inviting features of this home is the outdoor oasis with swaying palm trees and tropical plants that lead to a 14'x36' gunite pool complete with a generous tanning deck. This is a rare opportunity to own two beautiful income-producing homes next door to each other. Fully furnished and already on a rental program - the transition can be seamless. Don't let this rare opportunity slip away!

Details

Property type

Single Family Residence

Est. home value

$1,118,942

Lot size

Unknown

Price per sq ft

$564

Year built

2006

Annual property taxes

$11,786

HOA

No

Price History

11/18/2024
CentralPanhandle

CentralPanhandle #756326

Price change
$1,400,000
-3.45%
04/29/2024
CentralPanhandle

CentralPanhandle #756326

Listed
$1,450,000
+51.83%
11/05/2021
CentralPanhandle

CentralPanhandle #716735

Sold
$955,000
+81.9%

Schools & Community

Neighborhood: 

Lower Grand Lagoon

Elementary school: 

Patronis

Middle school: 

Surfside

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 Port City Bank

Loan start date

November 2021

Original loan amount

$1,432,500

Est. remaining balance

Not provided

Interest rate

2.86%

Loan type

Future Advance Clause / Open End Mortgage, 5 year

Seller

Blake A Jochim and Lindsey S Jochim

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?

Similar Homes Nearby

Price drop
CentralPanhandle
$1,400,000
4 bd
|
4 ba
|
2,484 sq ft
|
House

4118 Utes Dr, Panama City, FL 32408

Price drop
CentralPanhandle
$1,299,000
4 bd
|
3 ba
|
2,240 sq ft
|
House

4120 Danny Dr, Panama City, FL 32408

CentralPanhandle
$1,300,000
4 bd
|
3 ba
|
2,587 sq ft
|
House

7900 S Lagoon Dr, Panama City, FL 32408

Status: Active

Tomo last checked: 12/23/2024 at 5:00 AM

Listing updated: 11/18/2024 at 2:50 PM

Listed by: Sandra Clark, Saltwater Real Estate of PCB Phone #: (850) 752-5841

MLS: CentralPanhandle #756326

CentralPanhandle logo