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$365,900

Beds
3
Baths
2.5
sq ft
1,700

4300 Bay Point Rd Unit 413, Panama City, FL 32408

4300 Bay Point Rd Unit 413

Panama City Beach, FL 32408

  • <1 day on market
Rare Corner Unit Condo now available in Bay Point!! Welcome to an exceptional opportunity to own a truly rare furnished and move in ready, 3-bedroom, 2.5-bathroom condo in the prestigious Bay Point gated community! This two-story unit offers the privacy and tranquility you've been searching for, with no neighbors above or below. Step inside this beautifully appointed casual chic condo with updated bathrooms, floors and a modern kitchen, with coffee bar and wine fridge, ready for you to enjoy. The expansive floor-to-ceiling windows invite natural light throughout the home and provide stunning views of the surrounding open space and serene pond. Relish Florida's year-round sunshine from the comfort of your private outdoor spaces, including a covered upstairs balcony with beautiful views, and a spacious lower-level stone covered patio where you can enjoy al fresco dining. When it's time to unwind, take a short walk to Bay Point's South Marina to enjoy breathtaking sunsets as you stroll along the luxury yachts. Savor delicious meals at one of the on-property restaurants, or cruise along the Jack Nicklaus golf course in your golf cart that can be included in the sale, visiting new friends and neighbors along the way. The community offers a vibrant social scene with numerous groups and activities, or you can escape to the nearby white sands of the beach, less than a mile away.With the added flexibility of short-term rentals, this condo is perfect as a full-time residence, a second home, or a lucrative investment opportunity. Don't miss your chance to live in one of the most sought-after communities on the coast--this is a must-see!*Golf cart can be include d for the right price or purchased separately.Short term rentals are allowed but only a % of the condos can be STR so you do have to check with the CAM. *HOA for GV1 $1698.72/quarter & Master BPCA $1650/Year.

Details

Property type

Condominium

Est. home value

$342,798

Lot size

Unknown

Price per sq ft

$216

Year built

1980

Annual property taxes

$3,760

Monthly HOA fee

$566.24

Price History

10/12/2024
CentralPanhandle

CentralPanhandle #763752

Listed
$365,900
+6.99%
05/08/2023
CentralPanhandle

CentralPanhandle #737239

Sold
$342,000

Schools & Community

Neighborhood: 

Upper Grand Lagoon

Elementary school: 

Patronis

Middle school: 

Surfside

High school: 

Arnold

Community features: 

Gated, Sidewalks

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

$89,311
Asking price
$365,900
Closing costs (~8% of asking)
-$29,272
Est. remaining loan balance
-$247,317
Cash to seller
$89,311

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

Seller’s Loan History

Lender

Fairway Independent Mortgage Corp

Loan start date

May 2023

Original loan amount

$256,500

Est. remaining balance

$247,317

Interest rate

6.6%

Loan type

New Conventional, 20 year

Seller

Jeffrey Ferrell and Rosemary Ferrell

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: 10/12/2024 at 1:20 PM

Listing updated: 10/12/2024 at 11:26 AM

Listed by: Leslie Chastain, Property Partners Group Real Estate Phone #: (850) 684-4292

MLS: CentralPanhandle #763752

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