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$769,000

Beds
5
Baths
4.5
sq ft
2,394

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

512 Dement Cir Unit F

Panama City Beach, FL 32407

  • <1 day on market
Don't miss out on this turn key investment opportunity! With vacation rental season just around the corner, now is the perfect time to make this property yours! Located just one block from the gulf, the walk to the beach is a breeze! This end unit has room for the whole family with 5 bedrooms and 4 1/2 bathrooms , currently setup to sleep 16! Upon entering the 1st floor, you will find a one bedroom with bunks lockout unit complete with a newly renovated private bathroom and kitchenette which allows for a separate rental opportunity. Also on the first floor is a one car garage, laundry and the private elevator! On the 2nd floor you will enjoy the large open kitchen, living and dining area . a 1/2 bath and bedroom #2 with a full private ensuite bath. Just off the living area is a great balcony, perfect for enjoying your morning coffee. Once you are back inside, hop on the elevator and head up to the 3rd floor. The top floor offers an oversized master bedroom, ensuite bath with a soaker tub and separate tile shower. While exploring the 3rd floor you will also find two more bedrooms and the 4th full bathroom. From the master suit there is an additional balcony with amazing views, in the evenings the sound of the waves crashing and the city lights will make the perfect ending to a great day on the beach! This amazing property is close to many attractions and walking distance to several restaurants. Call me or your favorite agent today for a private showing!

Details

Property type

Townhouse

Est. home value

$738,138

Lot size

Unknown

Price per sq ft

$322

Year built

2007

Monthly HOA fee

$350

Price History

12/27/2024
CentralPanhandle

CentralPanhandle #766565

Listed
$769,000
+9.08%
09/27/2022
CentralPanhandle

CentralPanhandle #728940

Sold
$705,000

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

$162,075
Asking price
$769,000
Closing costs (~8% of asking)
-$61,520
Est. remaining loan balance
-$545,405
Cash to seller
$162,075

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

September 2022

Original loan amount

$564,000

Est. remaining balance

$545,405

Interest rate

5.22%

Loan type

New Conventional, 30 year

Seller

Sunnyside Beach Stays 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?

Status: Active

Tomo last checked: 12/28/2024 at 6:25 AM

Listing updated: 12/27/2024 at 12:29 PM

Listed by: Kristina L Walton, Keller Williams Realty Emerald Phone #: (850) 654-2900

MLS: CentralPanhandle #766565

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