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$789,000

Beds
5
Baths
4.5
sq ft
2,394

512 Dement Cir Unit C, Panama City Beach, FL 32407

512 Dement Cir Unit C

Panama City Beach, FL 32407

  • 14 days on market
Immerse yourself in the art of refined coastal living while capitalizing on impressive income potential in this luxurious, income-generating townhome in the heart of Panama City Beach. Just a four-minute walk to powdery white sands, this 5-bedroom, 4.5-bath retreat effortlessly combines sophisticated design with the ease of short-term rental readiness. Perfectly positioned off Front Beach Road, this property boasts Gulf views, a private elevator, and quick access to Panama City Beach's top-tier dining, entertainment, and vibrant lifestyle. A shared pool area with sun loungers invites relaxation, while an attached garage offers essential storage and added convenience. 512 Dement Circle is perfect for someone looking for a Primary Residence, Second Home, or Income Generating Vacation Rental Property.Every detail has been meticulously crafted to maximize appeal and value. The beach-inspired interiors are elevated with custom tilework, bold quartz countertops, and gleaming stainless steel appliances, creating a timeless, upscale ambiance that guests adore. The top-floor primary suite, complete with a private Gulf-view balcony and an indulgent spa-like ensuite with a freestanding soaking tub, promises a serene escape. Each of the additional bedrooms is thoughtfully designed, including the second-floor suite with its own private bath, ensuring a boutique experience for guests and homeowners alike.At the heart of this residence is a luminous open-concept living space, where a sunlit great room flows seamlessly into a chef's kitchen and elegant dining area--ideal for hosting. A private elevator provides easy access to every level, enhancing convenience and accessibility for all. Fully furnished and turn-key, this townhome stands as a true rental powerhouse with a solid track record of revenue generation. For investors seeking a high-return, low-maintenance beachfront property, this is a premier choice with enduring appeal in one of Florida's most desirable rental markets. Seize this opportunity to own a luxurious, income-generating asset that combines the best of coastal living with financial gain with enduring appeal in one of Florida's most desirable beachfront destinations. Call today to schedule your private showing!

Details

Property type

Est. home value

$760,551

Lot size

Unknown

Price per sq ft

$330

Year built

2007

Annual property taxes

$6,282

Monthly HOA fee

$350

Price History

11/01/2024
CentralPanhandle

CentralPanhandle #764859

Listed
$789,000
-3.66%
10/25/2024
EmeraldCoast

EmeraldCoast #958605

Removed
$819,000
10/14/2024
EmeraldCoast

EmeraldCoast #958605

Price change
$819,000
-1.21%

Schools & Community

Elementary school: 

Hutchison Beach

Middle school: 

Surfside

High school: 

Arnold

Community features: 

Pool, Park

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

Aloha Capital Llc

Loan start date

October 2023

Original loan amount

$61,250

Est. remaining balance

Not provided

Interest rate

7.23%

Loan type

Commercial

Seller

Str 2021 Ip Llc

Lender

Aloha Capital Llc

Loan start date

October 2023

Original loan amount

$656,250

Est. remaining balance

Not provided

Interest rate

7.23%

Loan type

Commercial

Seller

Str 2021 Ip Llc

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: 11/08/2024 at 2:40 PM

Listed by: Rachel N Warrell, eXp Realty, LLC Phone #: (850) 896-5899

MLS: CentralPanhandle #764859

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