tomo logo

$800,000

Beds
5
Baths
4.5
sq ft
2,394

508 Dement Cir Unit D, Panama City Beach, FL 32407

508 Dement Cir Unit D

Panama City Beach, FL 32407

  • 95 days on market
Discover luxury and convenience in this stunning 5-bedroom, 4.5-bathroom townhome, ideally situated just off Front Beach Road. Gulf views and beach access are steps away. Perfect for both family living and investment potential, this property features:First Floor: An adaptable space that can serve as a Mother-in-Law suite, complete with its own kitchen and full bathroom. Additionally, a self-contained lockout closet behind the garage offers privacy for guests or rental income opportunities.Private Elevator: Enjoy seamless access between floors with your own personal elevator.Second Floor: This level boasts a spacious great room, a fully-equipped kitchen, and a dining area. It includes one bedroom with a private bathroom and an additional half bath for guests.Third Floor: The master suite provides a luxurious retreat, complemented by two additional bedrooms situated on the opposite side of the floor for added privacy. Master Bath has jet tub and separate shower.This townhome is not only a beautiful residence but also offers the potential for short-term rentals. For viewings or further information, please contact the listing agent .

Details

Property type

Townhouse

Est. home value

$759,749

Lot size

Unknown

Price per sq ft

$335

Year built

2007

Monthly HOA fee

$360

Price History

08/16/2024
CentralPanhandle

CentralPanhandle #761432

Listed
$800,000
+63.27%
07/01/2021
CentralPanhandle

CentralPanhandle #711613

Sold
$490,000

Schools & Community

Elementary school: 

Hutchison Beach

Middle school: 

Surfside

High school: 

Arnold

Community features: 

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

$372,525
Asking price
$800,000
Closing costs (~8% of asking)
-$64,000
Est. remaining loan balance
-$363,475
Cash to seller
$372,525

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

Seller’s Loan History

Lender

Bank Of America Na

Loan start date

July 2021

Original loan amount

$392,000

Est. remaining balance

$363,475

Interest rate

2.94%

Loan type

New Conventional, 30 year

Seller

Ibrahim Gipson and Nghiem Thuan Le

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: 11/19/2024 at 1:45 PM

Listing updated: 11/12/2024 at 2:00 PM

Listed by: Jodi L Parrish, Coldwell Banker Realty Phone #: (850) 234-6696

MLS: CentralPanhandle #761432

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