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$2,650,000

Beds
8
Baths
8.0
sq ft
4,292

503 Albatross St, Panama City Beach, FL 32413

503 Albatross St

Panama City Beach, FL 32413

  • Sold On 4/10/2023
Back on Market, Similar houses available to view from same contractor developer. Finished date is forecast as 1/31/23. See documents for additional information including renderings, spec sheet. One of the largest new homes in the Bid a Wee community, close to dedicated private beach and within walking distance to the new Margaritaville Resort Development.This 8 Bedroom, 9 bath home is designed for maximum rental income and as well on one of the largest lots in Bid a Wee with over 9,000.00 sq. ft. of lot The house is a three-story home with room for up to 7 cars to park and a large back yard activity area with an oversize pool with outdoor kitchen area. A high-Quality Jeter Built home with all the amenities not found in most beach houses. Get in early and pick your colors

Details

Property type

Single Family Residence

Property condition

Under Construction

Lot size

9,000 sq ft

Price per sq ft

$559

Year built

2022

Annual property taxes

$1,820

Monthly HOA fee

$8.33

Price History

12/21/2024
CentralPanhandle

CentralPanhandle #759527

Removed
$2,650,000
12/14/2024
CentralPanhandle

CentralPanhandle #759527

Price change
$2,650,000
-7.02%
12/05/2024
CentralPanhandle

CentralPanhandle #759527

Removed
$2,850,000

Schools & Community

Elementary school: 

Hutchison Beach

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

United Wholesale Mortgage

Loan start date

April 2023

Original loan amount

$1,740,000

Est. remaining balance

$1,705,741

Interest rate

6.32%

Loan type

New Conventional, 30 year

Seller

Kajal Joshi and Ajay Joshi

Lender

Ted Jeter Et Al

Loan start date

April 2023

Original loan amount

$225,000

Est. remaining balance

$105,267

Interest rate

6.32%

Loan type

Not Provided, 3 year

Seller

Ajay Joshi and Kajal Joshi

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: Off Market

Tomo last checked: 12/22/2024 at 3:20 PM

Listing updated: 09/23/2024 at 11:20 PM

Listed by: Bill Thomas, Beach Time Realty, Inc Phone #: (850) 381-3156

MLS: CentralPanhandle #721385

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