tomo logo

$459,000

Beds
3
Baths
2.0
sq ft
1,648

5403 S Lagoon Dr, Panama City, FL 32408

5403 S Lagoon Dr

Panama City, FL 32408

  • 15 days on market
Welcome to your dream home nestled in the heart of Panama City Beach. This fully furnished 3-bedroom, 2-bathroom residence boasts an inviting open-concept living space, perfect for entertaining friends and family, or enjoying serene beachside living. A bonus room adds versatility, making it an ideal home office, game room or guest space. Situated on a spacious lot tucked away on peaceful cul-de-sac on South Lagoon Drive, this property offers the perfect blend of tranquility and convenience. Just minutes from public boat ramps, beach accesses, and marinas, you'll have endless opportunities for water sports, fishing, and beach days at your fingertips. The large backyard is a canvas for your outdoor dreams--imagine adding a sparkling pool to create your personal oasis, perfect for cooling off on hot summer days or hosting barbecues with loved ones. A 16'x12' shed with power provides ample storage for all your beach gear and outdoor equipment. With a carport and additional driveway parking, you'll have plenty of space for vehicles, and a golf cart is available for purchase, making it easy to explore the local area. The lot backs up to Biltmore Drive allowing access with a double gate from the backyard to store a boat/boat trailer. Biltmore Drive leads directly to beach access #9. Don't miss your chance to own this charming, coastal retreat in a prime location! Whether you're looking for a family home, vacation getaway, or investment property, this gem has it all. Schedule your private tour today and start living the beach life you've always dreamt of! *All measurements and information is approximate, please verify if important.

Details

Property type

Single Family Residence

Est. home value

$443,942

Lot size

5,968 sq ft

Price per sq ft

$279

Year built

1978

Annual property taxes

$3,981

HOA

No

Price History

12/03/2024
CentralPanhandle

CentralPanhandle #765944

Listed
$459,000
-0.2%
09/04/2024
CentralPanhandle

CentralPanhandle #757444

Removed
$459,900
06/22/2024
CentralPanhandle

CentralPanhandle #757444

Price change
$459,900
-3.18%

Schools & Community

Neighborhood: 

Lower Grand Lagoon

Elementary school: 

Patronis

Middle school: 

Surfside

High school: 

Arnold

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

$88,827
Asking price
$459,000
Closing costs (~8% of asking)
-$36,720
Est. remaining loan balance
-$333,453
Cash to seller
$88,827

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

Seller’s Loan History

Lender

Northpointe Bank

Loan start date

June 2022

Original loan amount

$346,500

Est. remaining balance

$333,453

Interest rate

5.1%

Loan type

New Conventional, 30 year

Seller

Paula Caballero

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: 12/22/2024 at 8:45 PM

Listing updated: 12/07/2024 at 2:00 PM

Listed by: Natalie A Ryan, CENTURY 21 Ryan Realty Inc Phone #: (850) 233-7926

MLS: CentralPanhandle #765944

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