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$2,450,000

Beds
3
Baths
3.0
sq ft
1,929

4909 Spyglass Dr, Panama City, FL 32408

4909 Spyglass Dr

Panama City Beach, FL 32408

  • 342 days on market
Welcome to FantaSea! A gorgeous and unique beachfront home on a 60 ft lot on Panama City Beach's sought-after east end. As you enter the beach house you will find vaulted ceilings and a large open floor plan with Gulf views throughout. This home is made for entertainment and socializing! The perfect vacation rental property. Enjoy the salt air and breeze on the partially covered and partially open deck. Upstairs you will find a beautiful master suite with high ceilings and a gorgeous accent wall. There is a private screened in balcony perfect for sipping your morning coffee. The Master bathroom has a nice pedestal tub and beautiful tile shower and vanity area. There is an extra sleeping area (known as the kids retreat) off of the master bedroom. Downstairs you will find two bedrooms that share a hall bathroom. There is also an additional bathroom downstairs with laundry. This home also has a garage.Walking distance to Patches. Close to the area's best restaurants including Captain Andersons, Grand Marlin, and many more fantastic eateries. Near several grocery stores and shopping. A short drive to St. Andrews State Park! This beachfront home is an investor's dream and ready for its new owners. Home is back up and running! The home sustained minor damage and repairs are completed.Exterior photos and updated master bathroom shower are new. *Virtual tour/video and aerials were taken prior to tornado.*

Details

Property type

Single Family Residence

Est. home value

$2,013,657

Lot size

7,187 sq ft

Price per sq ft

$1,271

Year built

1980

Annual property taxes

$19,375

HOA

No

Price History

01/16/2024
CentralPanhandle

CentralPanhandle #751382

Listed
$2,450,000
+96%
09/22/2020
CentralPanhandle

CentralPanhandle #685364

Sold
$1,250,000
+60.46%
04/15/2015
CentralPanhandle

CentralPanhandle #620895

Sold
$779,000

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

Panhandle Cu

Loan start date

December 2022

Original loan amount

$500,000

Est. remaining balance

Not provided

Interest rate

7.08%

Loan type

Future Advance Clause / Open End Mortgage, 6 year

Seller

Sugar Mesa Llc

Lender

Community Bank Of Mississippi

Loan start date

September 2020

Original loan amount

$937,500

Est. remaining balance

Not provided

Interest rate

2.88%

Loan type

Building or Construction Loan

Seller

Sugar Mesa Llc

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 10:05 AM

Listing updated: 09/25/2024 at 11:19 PM

Listed by: Sam T Holden, Sunspot Realty Phone #: (850) 234-7151

MLS: CentralPanhandle #751382

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