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$374,900

Beds
2
Baths
2.0
sq ft
1,254

520 Richard Jackson Blvd Unit 406, Panama City Beach, FL 32407

520 Richard Jackson Blvd Unit 406

Panama City Beach, FL 32407

  • 2 days on market
Searching for the finest Edgewater Villa with all the contemporary upgrades and beyond? Discover it in this ground-floor, extra-large corner unit. This Villa greets you with warmth, elegance, and comfort as soon as you step inside. Revel in the redesigned kitchen, bathrooms reminiscent of a spa, comprehensive updates, high-quality furnishings, and chic coastal decor. The impressive master bedroom boasts patio access and an exquisite bathroom. The spacious guest bedroom features its own patio and a bathroom with a walk-in tile shower. These Villas are known for their incredibly roomy 2-bedroom layout--a rarity nowadays! Available fully furnished, it's turnkey ready for residency or to generate short-term rental income. The secluded covered patio overlooks the water-encircled Hole 8, offering refreshing coastal breezes. Just behind is Tee Box #9. Only steps away from the heated Villa Pool. Relax - Indulge - Repeat. This extensive Gulf-Front resort property includes a street walkover connecting the private beachfront amenities to the Villas, Golf Course, and Sports Center. Edgewater affords owners and guests Private Beach Access, Tropical Pools, Hot Tubs, Sun Decks, a Restaurant, Poolside Bar, special events, beach bonfires, and live music. Edgie's Market offers essentials, delicious ice cream, and Starbucks coffee. The fun Kids Club features a splash pad and engaging activities. The resort welcomes pets for owners. Situated within walking distance to a retail hub with dining, bowling, an arcade, skating, a sports bar, shopping, and entertainment. Near Pier Park, the dog park, and numerous activities. HOA dues cover: All Amenities, Kids and Golf Club Memberships, Fitness Center, Basketball, Tennis, Pickleball, Shuffleboard, a 20% Owner Discount on-property, utilities (except electric), and more. Is the coastal lifestyle for you? Reach out today for more information on the stunning rental investment property.

Details

Property type

Condominium

Est. home value

$360,471

Lot size

Unknown

Price per sq ft

$299

Year built

1984

Annual property taxes

$3,374.78

Monthly HOA fee

$988.25

Price History

06/30/2024
CentralPanhandle

CentralPanhandle #759348

Listed
$374,900
-6.04%
02/23/2024
CentralPanhandle

CentralPanhandle #749831

Removed
$399,000
02/02/2024
CentralPanhandle

CentralPanhandle #749831

Price change
$399,000
-6.12%

Schools & Community

Elementary school: 

Hutchison Beach

Middle school: 

Surfside

High school: 

Arnold

Community features: 

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

Number of units in community: 

12

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

$165,547
Asking price
$374,900
Closing costs (~8% of asking)
-$29,992
Est. remaining loan balance
-$179,361
Cash to seller
$165,547

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

January 2021

Original loan amount

$194,400

Est. remaining balance

$179,361

Interest rate

2.71%

Loan type

New Conventional, 30 year

Seller

Brent Lee Edenfield and Julie Edenfield

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: 07/03/2024 at 12:55 PM

Listing updated: 07/01/2024 at 1:43 PM

Listed by: Kirsten McAndrew, RC Real Estate Group Phone #: (850) 249-6100

MLS: CentralPanhandle #759348

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