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$769,900

Beds
2
Baths
2.0
sq ft
1,920

425 Bay Shore Dr Unit 12, Panama City Beach, FL 32407

425 Bay Shore Dr Unit 12

Panama City Beach, FL 32407

  • 113 days on market
Welcome to your slice of paradise! This stunning remodeled single story home offers the ultimate coastal lifestyle, complete with a deeded deep-water boat slip and a state-of-the-art 12,000 lb boat lift in a protected inlet. Imagine indulging in sunsets over the bay from your huge deck, the perfect setting for entertaining family and friends or simply unwinding after a long day. Step inside to discover an open-concept living space that is bathed in natural light, thanks to floor-to-ceiling windows that frame breathtaking views. The soaring cathedral ceilings enhance the airy ambiance, while the engineered hardwood flooring exudes warmth and elegance throughout. Gather around the custom gas fireplace on chilly evenings and create lasting memories in this inviting space. The gourmet kitchen is a chef's dream! Featuring a custom gas cooktop, double oven, and stunning quartz countertops, it's designed for both functionality and style. Custom cabinets provide ample storage, and every detail has been thoughtfully considered, including solar shades that offer both privacy and energy efficiency. Retreat to your luxurious master suite, where marble floors, granite countertops and a custom glass and tile shower create a spa-like atmosphere. Guests will love the private courtyard off the guest suite, offering a peaceful oasis for relaxation. As part of a private community, you'll enjoy access to a shimmering community pool and a private marina, perfect for summer fun and making memories. With water and sewer included in the HOA fees, your maintenance worries are minimal. This home truly has it all: exquisite design, unparalleled amenities, and a location that offers both serenity and adventure. Don't miss your chance to own this piece of paradise--schedule your private tour today and start your journey to waterfront living!

Details

Property type

Townhouse

Est. home value

$744,493

Lot size

Unknown

Price per sq ft

$401

Year built

1985

Annual property taxes

$6,519

Monthly HOA fee

$516.67

Price History

08/31/2024
CentralPanhandle

CentralPanhandle #762104

Listed
$769,900
+1.97%
02/13/2023
CentralPanhandle

CentralPanhandle #735853

Sold
$755,000
+95.09%
03/09/2020
CentralPanhandle

CentralPanhandle #693064

Sold
$387,000

Schools & Community

Elementary school: 

Breakfast Point

Middle school: 

Breakfast Point

High school: 

Arnold

Community features: 

Pool

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

$428,198
Asking price
$769,900
Closing costs (~8% of asking)
-$61,592
Est. remaining loan balance
-$280,110
Cash to seller
$428,198

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

Seller’s Loan History

Lender

Caliber Home Loans Inc

Loan start date

March 2020

Original loan amount

$309,600

Est. remaining balance

$280,110

Interest rate

3.65%

Loan type

New Conventional, 30 year

Seller

Larinda J Carnes and Larry Murphy

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: 12/23/2024 at 10:10 AM

Listing updated: 12/09/2024 at 4:00 PM

Listed by: Justin G Thomas, Realty One Group Emerald Coast Phone #: (850) 238-8338

MLS: CentralPanhandle #762104

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