tomo logo

$995,000

Beds
4
Baths
3.5
sq ft
3,138

4123 Cobalt Cir Unit P115, Panama City, FL 32408

4123 Cobalt Cir Unit P115

Panama City, FL 32408

  • <1 day on market
Welcome to this exquisite bayfront penthouse condo in the sought-after Waterhaven community, offering the perfect blend of luxury and waterfront living. With breathtaking views of the St. Andrews Bay from nearly every room, this spacious home is an absolute must-see. This condo also offers the convenience of an elevator directly to your front door.Inside, the open-concept design features vaulted ceilings in the living area and 10-foot ceilings everywhere else. Beautiful wood floors, and an abundance of natural light, creating a warm and inviting atmosphere throughout. The gourmet kitchen is a chef's dream, equipped with top-tier appliances, a dedicated coffee bar, wine refrigerator, and ample counter space--perfect for entertaining guests or enjoying a quiet morning.The master bedroom is a true retreat, complete with a private sitting area that opens onto a large balcony, offering stunning views and a serene escape. There are 2 additional bedrooms and 2 full bathrooms on the first floor, along with a 1/2 bath, and laundry room.Step upstairs to discover a second floor sitting area and an additional bedroom and can easily adapt to your lifestyle, whether for relaxation, a home office, or a hobby space. The spacious living areas allow you to enjoy the beauty of the bay right from your home.This condo also comes with its own private storage and large boat slip that allows for up to a 36-foot boat, ideal for boating enthusiasts seeking quick access to the water. Living in Waterhaven means enjoying the benefits of a gated community that includes a resort-style pool, fitness center, and clubhouse, offering plenty of opportunities for relaxation and recreation.Conveniently located near shopping, dining, and entertainment options, this penthouse offers not just a home, but a lifestyle. Don't miss the opportunity to make this exceptional property yours. Schedule a private showing today and experience the best of bayfront living.

Details

Property type

Condominium

Est. home value

$968,464

Lot size

Unknown

Price per sq ft

$318

Year built

2007

Annual property taxes

$4,657

Monthly HOA fee

$1,838.67

Price History

02/07/2025
CentralPanhandle

CentralPanhandle #768510

Listed
$995,000
+15.03%
12/22/2021
CentralPanhandle

CentralPanhandle #718560

Sold
$865,000
+44.41%
09/04/2020
CentralPanhandle

CentralPanhandle #698529

Sold
$599,000

Schools & Community

Neighborhood: 

Upper Grand Lagoon

Elementary school: 

Patronis

Middle school: 

Surfside

High school: 

Arnold

Community features: 

Pool, Clubhouse, Fitness Center, Fishing, Gated

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

$487,573
Asking price
$995,000
Closing costs (~8% of asking)
-$79,600
Est. remaining loan balance
-$427,827
Cash to seller
$487,573

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

Seller’s Loan History

Lender

Innovations Fcu

Loan start date

September 2020

Original loan amount

$474,000

Est. remaining balance

$427,827

Interest rate

2.98%

Loan type

New Conventional, 30 year

Seller

Robert Perry Gates Iii and Tina Louise Gates

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?

Status: Active

Tomo last checked: 02/08/2025 at 4:55 PM

Listing updated: 02/08/2025 at 1:19 PM

Listed by: Shaunnah Young, Realty One Group Emerald Coast Phone #: (850) 238-8338

MLS: CentralPanhandle #768510

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