tomo logo

$665,000

Beds
4
Baths
2.0
sq ft
2,210

4805 Sunset Dr, Panama City, FL 32404

4805 Sunset Dr

Panama City, FL 32404

  • 56 days on market
    • Price drop $20,000↓
REDUCED $20,000!! Discover your dream home in the secluded enclave of Donaldson Point, hidden beneath majestic live oaks. This charming four-bedroom, two-bath brick ranch is just a 5-minute drive from Tyndall AFB, offering the perfect blend of privacy and convenience.Imagine owning nearly half an acre of waterfront, where you can savor breathtaking sunsets or embark on a tranquil cruise around the bay. The property boasts deep water access, ideal for accommodating your boat, and with it, you'll also own part of the island. Just 15 minutes away, you can reach the pristine shores of Shell Island, and in 20 minutes, you're at the vast, inviting Gulf.With plenty of bedrooms, this home is ideal for hosting visitors all year round. One guest bedroom even features a built-in bunk for added convenience and charm. Inside, you're greeted by a spacious dining room and a grand living area, perfect for entertaining. The heart of the home is the eat-in kitchen with a built in bookcase , featuring an elegant island peninsula with seating for 4-5, perfect for casual meals or morning coffees. The true gem, however, is the Florida room, awash with natural light from floor-to-ceiling windows, offering impressive views of the water. Here, you can cozy up by the fireplace on cooler nights.Step outside to enjoy an inviting fire pit, perfect for gathering with friends or enjoying quiet nights under the stars. Don't miss this chance to own a piece of paradise where luxury meets nature. Make this enchanting waterfront retreat yours and start crafting memories by the bay.

Details

Property type

Est. home value

$497,693

Lot size

Unknown

Price per sq ft

$301

Year built

1965

Annual property taxes

$3,665

HOA

No

Price History

03/02/2025
CentralPanhandle

CentralPanhandle #768142

Price change
$665,000
-2.92%
01/03/2025
CentralPanhandle

CentralPanhandle #768142

Listed
$685,000
+94.6%
01/22/2021
CentralPanhandle

CentralPanhandle #700589

Sold
$352,000

Schools & Community

Elementary school: 

Tyndall

Middle school: 

Rutherford Middle

High school: 

Rutherford

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

$535,337
Asking price
$665,000
Closing costs (~8% of asking)
-$53,200
Est. remaining loan balance
-$76,463
Cash to seller
$535,337

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 & Trust Company

Loan start date

December 2002

Original loan amount

$170,000

Est. remaining balance

$76,463

Interest rate

6.15%

Loan type

Not Provided, 30 year

Seller

Gary C Mclain and Anna M Mclain

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: 03/31/2025 at 8:55 PM

Listing updated: 03/01/2025 at 7:49 PM

Listed by: April L Gibson, Dalton Wade Inc Phone #: (888) 668-8283

MLS: CentralPanhandle #768142

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