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$239,000

Beds
2
Baths
2.0
sq ft
935

507 Lighthouse Rd Unit 507, Panama City Beach, FL 32407

507 Lighthouse Rd Unit 507

Panama City Beach, FL 32407

  • 48 days on market
    • Price drop $3,000↓
SHORT TERM RENTALS ALLOWED. Don't miss out on this freshly remodeled Fully Furnished bottom floor 2BR 2BA condo centrally located in Panama City Beach. Nautilus Cove is a gated condominium community in the heart of beautiful Panama City Beach. Nautilus Cove offers several amenities including a large resort style pool, fitness center, club house with full kitchen, children's playground, and pet friendly walking stations. Located in central Panama City Beach you are close distance to the beautiful Emerald waters of the Gulf and less than 2 miles from Pier Park where you will find great restaurants, entertainment and shopping.

Details

Property type

Condominium

Est. home value

$220,259

Lot size

Unknown

Price per sq ft

$256

Year built

2006

Monthly HOA fee

$472.09

Price History

01/19/2025
EmeraldCoast

EmeraldCoast #964207

Price change
$239,000
-1.24%
12/05/2024
EmeraldCoast

EmeraldCoast #964207

Listed
$242,000
+30.81%
03/31/2022
EmeraldCoast

EmeraldCoast #896185

Sold
$185,000
+51.64%

Schools & Community

Elementary school: 

Breakfast Point

Middle school: 

Breakfast Point

High school: 

Arnold

Community features: 

Gated, 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

$84,518
Asking price
$239,000
Closing costs (~8% of asking)
-$19,120
Est. remaining loan balance
-$135,362
Cash to seller
$84,518

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

Seller’s Loan History

Lender

Lendsure Mortgage Corp

Loan start date

March 2022

Original loan amount

$139,791

Est. remaining balance

$135,362

Interest rate

3.69%

Loan type

New Conventional, 40 year

Seller

David Chenault

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: 01/22/2025 at 10:30 PM

Listing updated: 01/19/2025 at 9:09 PM

Listed by: Christopher J Pelly, Counts Real Estate Group Inc Phone #: (850) 231-1483

MLS: EmeraldCoast #964207

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