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$435,000

Beds
1
Baths
2.0
sq ft
883

5115 Gulf Dr Unit 2204, Panama City, FL 32408

5115 Gulf Dr Unit 2204

Panama City Beach, FL 32408

  • 261 days on market
    • Price drop $5,000↓
Welcome home to your penthouse unit at the coveted Seychelles Resort! The breathtaking views from the twenty-second floor are a daily masterpiece, painting the sky with sunrise and sunset that will have you and your guests reluctant to leave. The primary bedroom is a sanctuary with its own private bathroom, offering a retreat within your own coastal haven for renters and family alike. Plus, with an additional bathroom and bunk beds in the hallway, this one-bedroom condo can comfortably sleep up to 5 people.The kitchen is a dream with its gorgeous stainless steel appliances, and every meal preparation is accompanied by the backdrop of the mesmerizing views that extend into the living room. Step onto your expansive balcony, where the emerald green waters stretch out before you, enhanced by the cool ocean breeze.Seychelles boasts an exceptional location on the east end of Thomas Drive, ensuring that your beachfront escape is not only luxurious but also conveniently situated. Nestled right next door to the highly popular beachfront restaurant, Schooners, you have a delectable dining destination just steps away.The HOA goes beyond convenience, covering all utilities, including electricity, and granting access to extraordinary amenities. Dive into relaxation with two gulf-front pools, unwind in the inviting hot tub, and stay active in the on-site gym.So, say goodbye to the ordinary and hello to the extraordinary. This condo is more than just a home; it's your ticket to laid-back luxury and endless good vibes. Your beachside dream is calling - come on in!

Details

Property type

Condominium

Est. home value

$461,741

Lot size

Unknown

Price per sq ft

$493

Year built

2006

Monthly HOA fee

$653.27

Price History

05/16/2024
CentralPanhandle

CentralPanhandle #753805

Price change
$435,000
-1.14%
03/06/2024
CentralPanhandle

CentralPanhandle #750227

Removed
$440,000
03/06/2024
CentralPanhandle

CentralPanhandle #753805

Listed
$440,000

Schools & Community

Neighborhood: 

Lower Grand Lagoon

Elementary school: 

Patronis

Middle school: 

Surfside

High school: 

Arnold

Community features: 

Pool, Fitness Center

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

$236,828
Asking price
$435,000
Closing costs (~8% of asking)
-$34,800
Est. remaining loan balance
-$163,372
Cash to seller
$236,828

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

Seller’s Loan History

Lender

Caliber Home Loans Inc

Loan start date

April 2018

Original loan amount

$185,600

Est. remaining balance

$163,372

Interest rate

4.46%

Loan type

New Conventional, 30 year

Seller

Dannie Jean Rewis

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: 11/22/2024 at 11:30 PM

Listing updated: 11/07/2024 at 5:00 PM

Listed by: Coastal Vibes Luxury Beach Group, Gulf Life Real Estate Inc Phone #: (850) 699-1996

MLS: CentralPanhandle #753805

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