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$340,000

Beds
2
Baths
2.0
sq ft
1,254

520 N Richard Jackson Blvd Unit 1007, Panama City Beach, FL 32407

520 N Richard Jackson Blvd Unit 1007

Panama City Beach, FL 32407

  • 377 days on market
    • Price drop $25,000↓
$25,000 PRICE DROP AND NEWLY INSTALLED WALK-IN SHOWER IN MASTER BATH! This 2-bed, 2-bath condo is a haven for those seeking comfort and investment potential. Luxury vinyl plank flooring spans the entire unit, providing a blend of style and functionality. Sold fully furnished, and being an established vacation rental makes it the ideal opportunity for the savvy investor. The guest room boasts a balcony and an ensuite bathroom for added convenience which is also accessible from the living area. The kitchen features stainless steel appliances, including a brand-new Samsung dishwasher. The open dining and living areas offer beautiful views of the tranquil pond and one of the many community pools. Access the balcony from the living area and the master suite. The master bath offers a double vanity, newly installed walk-in shower, and a spacious closet.

Details

Property type

Condominium

Est. home value

$369,473

Lot size

Unknown

Price per sq ft

$272

Year built

1987

Annual property taxes

$3,785.59

Monthly HOA fee

$1,139.33

Price History

11/25/2024
CentralPanhandle

CentralPanhandle #750207

Price change
$340,000
-6.85%
04/08/2024
CentralPanhandle

CentralPanhandle #750207

Price change
$365,000
-6.39%
02/08/2024
CentralPanhandle

CentralPanhandle #750207

Price change
$389,900
-2.53%

Schools & Community

Elementary school: 

Hutchison Beach

Middle school: 

Surfside

High school: 

Arnold

Community features: 

Pool, Gated, Clubhouse, Fitness Center, Golf, Tennis Court(s)

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

$87,080
Asking price
$340,000
Closing costs (~8% of asking)
-$27,200
Est. remaining loan balance
-$225,720
Cash to seller
$87,080

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

Seller’s Loan History

Lender

Fbt Mortgage Llc

Loan start date

August 2021

Original loan amount

$243,200

Est. remaining balance

$225,720

Interest rate

3.02%

Loan type

New Conventional, 30 year

Seller

Thomas Decker and Misty Decker

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: 12/23/2024 at 7:00 PM

Listing updated: 12/06/2024 at 12:00 PM

Listed by: Justin A Endsley, Gulf Realty 30A LLC Phone #: (850) 687-1261

MLS: CentralPanhandle #750207

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