tomo logo

$600,000

Beds
3
Baths
2.5
sq ft
2,355

5116 Blue Harbor Dr, Panama City, FL 32404

5116 Blue Harbor Dr

Panama City, FL 32404

  • 49 days on market
Gorgeous waterfront townhome with assigned boat slip on Pitts Bayou! Don't miss this beautiful townhome just minutes from Tyndall Air Force Base and a quick 15-minute boat ride to Shell Island. This two-story, 3 bed, 2.5 bath townhome has amazing water views from the living room, kitchen, dining and primary suite which has a private covered deck overlooking the water and beautiful sunsets! This home features a 2019 installed 40 year metal roof, newer flooring throughout the home, and hurricane/storm shutters are installed. Downstairs you will find a half bath, laundry area, storage under the stairs, nice size pantry and open galley style kitchen with stainless steel appliances, And a very spacious living and dining space with raised ceilings and crown molding and gas fireplace. This space has lots of natural light and has Amazing views!Upstairs you will find two guest bedrooms, the second bedroom has a bonus 11 x 6.7 ft area perfect for an office area or reading nook, and a guest full bath. The primary suite features a nice walk-in closet, vaulted ceiling, the ensuite features a jetted tub, two vanities and separate shower, AND your own private 15.7 x 7.4 ft covered deck with Amazing views of Pitts Bayou through to St. Andrews Bay! The outdoor spaces are the highlights of this home. The decks are a wonderful place for a relaxing morning cup of coffee or evening cocktails and cookouts with friends and family, boat watching, dolphin sightings and viewing the gorgeous sunsets! The property also comes with its own boat slip just steps away from the back porch, connected to the HOA community dock. The property line extends to the water and there is an area to put in kayaks as well as a bridge to enter the water on foot. The water is 8-9 feet so it can easily handle most average boats. The dock was rebuilt after the hurricane and has power, water, lights, ladders and a fish cleaning station. You can even jump into the water from the dock for a swim or drop a quick line and catch dinner! The HOA fee is currently $215 per month and includes all lawn care for the homes and common areas, trash pick-up, sprinkler systems for the community, electric to the dock and the dock maintenance. This location is close to Pier 98 Marina to gas up the boat and get bait for your fishing trips, and Rodeo's Steakhouse restaurant is just minutes away! Guest parking is located at the entrance to the complex and at the end of the complex as well. There are no restrictions on rentals so the property could be used for short term rental. Call your favorite Realtor and schedule your appointment to see this amazing property today! Thank you for considering this property, all information should be verified by buyer or buyer's agent if important.

Details

Property type

Townhouse

Est. home value

$414,655

Lot size

4,792 sq ft

Price per sq ft

$255

Year built

2000

Annual property taxes

$4,222

Monthly HOA fee

$215

Price History

09/19/2024
CentralPanhandle

CentralPanhandle #762953

Listed
$600,000
+4.35%
08/06/2024
CentralPanhandle

CentralPanhandle #759399

Removed
$575,000
05/20/2024
CentralPanhandle

CentralPanhandle #759399

Listed
$575,000

Schools & Community

Elementary school: 

Tyndall

Middle school: 

Rutherford Middle

High school: 

Rutherford

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

$403,207
Asking price
$600,000
Closing costs (~8% of asking)
-$48,000
Est. remaining loan balance
-$148,793
Cash to seller
$403,207

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

Seller’s Loan History

Lender

New American Funding

Loan start date

February 2024

Original loan amount

$150,000

Est. remaining balance

$148,793

Interest rate

6.67%

Loan type

New Conventional, 30 year

Seller

Melony Jalynn Hudnall and Eric Hudnall

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: 11/08/2024 at 2:50 PM

Listing updated: 09/25/2024 at 2:09 PM

Listed by: Deborah A Class, ERA Neubauer Real Estate, Inc Phone #: (850) 872-3434

MLS: CentralPanhandle #762953

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