tomo logo

$940,000

Beds
3
Baths
2.5
sq ft
2,522

525 Wahoo Rd, Panama City, FL 32408

525 Wahoo Rd

Panama City Beach, FL 32408

  • 152 days on market
    • Price drop $10,000↓
BACK ON THE MARKET-No fault of seller!!! This stunning canal-front home offers the perfect blend of luxury and convenience. The beamed vaulted ceilings create a spacious and elegant atmosphere, while the gas fireplace adds warmth and coziness to the living space. The master bath features a relaxing jetted tub and a huge walk-in closet for ample storage. Step outside to the wrap-around deck with a screened-in lanai and enjoy the serene waterfront views. You may even spot dolphins from your deck! The property includes a 1500lb capacity boat lift and access to a marina in the neighborhood, making it ideal for boat lovers.With a 2-car garage, you'll have plenty of space for parking and storage. Located in a prestigious 24-hour guard-gated community with a golf course, this home provides security and exclusivity. The community is golf cart friendly, and the proximity to the owners gate allows for easy entry and exit. Don't miss out on this incredible opportunity to own a waterfront paradise in a sought-after community. Schedule a showing and make this dream home yours!

Details

Property type

Single Family Residence

Est. home value

$909,205

Lot size

9,975 sq ft

Price per sq ft

$373

Year built

1983

Annual property taxes

$6,967

Monthly HOA fee

$158.33

Price History

12/03/2024
CentralPanhandle

CentralPanhandle #760325

Listed
$940,000
10/23/2024
CentralPanhandle

CentralPanhandle #760325

Pending
$940,000
10/21/2024
CentralPanhandle

CentralPanhandle #760325

Price change
$940,000
-1.05%

Schools & Community

Neighborhood: 

Upper Grand Lagoon

Elementary school: 

Patronis

Middle school: 

Surfside

High school: 

Arnold

Community features: 

Gated, Golf

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

$600,312
Asking price
$940,000
Closing costs (~8% of asking)
-$75,200
Est. remaining loan balance
-$264,488
Cash to seller
$600,312

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

Seller’s Loan History

Lender

Centennial Bank

Loan start date

August 2012

Original loan amount

$370,662

Est. remaining balance

$264,488

Interest rate

3.56%

Loan type

FHA, 30 year

Seller

Brandon R Handy and Thao P Nguyen

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?

Similar Homes Nearby

CentralPanhandle
$975,000
3 bd
|
2.5 ba
|
2,048 sq ft
|
House

325 Wahoo Rd, Panama City, FL 32408

Price drop
CentralPanhandle
$1,025,000
3 bd
|
2 ba
|
2,424 sq ft
|
House

1606 Wahoo Ln, Panama City, FL 32408

CentralPanhandle
$869,000
3 bd
|
3.5 ba
|
2,634 sq ft
|
House

3330 Green Turtle Ln, Panama City, FL 32408

Status: Active

Tomo last checked: 12/22/2024 at 9:55 AM

Listing updated: 12/03/2024 at 10:09 AM

Listed by: Jena N Buchanan, CENTURY 21 Ryan Realty Inc Phone #: (850) 233-7926

MLS: CentralPanhandle #760325

CentralPanhandle logo