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$448,900

Beds
3
Baths
2.0
sq ft
1,288

5516 Beach Dr Unit A, Panama City, FL 32408

5516 Beach Dr Unit A

Panama City Beach, FL 32408

  • 104 days on market
    • Price drop $1,000↓
*OPEN HOUSE SATURDAY (3/22) NOON to 2pm* LOCATION, LOCATION, LOCATION! Public beach access one block from this spacious, 3Bd/2Bth+Bunk Room duplex style townhome with a new garage door and opener, a front deck off of master bedroom, 2 rear decks, and fenced back yard, all on a corner lot. NO HOA!! Also walking distance to the NEW Dolphin St. boat launch, Treasure Island Marina, Schooners and Busters Beer and Bait. NEW Lift Station '25 Metal Roof, Appliances and disposal '23. HVAC '19. Crushed Coral landscaping {'23), means no mowing!! Full baths up and down make this the perfect beach home /getaway or rental machine!! Call for a private showing today! All ages, sizes, measurements are believed to be accurate, buyer should verify.

Details

Property type

Townhouse

Est. home value

$331,682

Lot size

2,962 sq ft

Price per sq ft

$349

Year built

1986

Annual property taxes

$2,381

HOA

No

Price History

03/01/2025
CentralPanhandle

CentralPanhandle #766204

Price change
$448,900
-0.22%
12/13/2024
CentralPanhandle

CentralPanhandle #766204

Listed
$449,900
+269.38%
09/26/2014
CentralPanhandle

CentralPanhandle #620072

Sold
$121,800

Schools & Community

Neighborhood: 

Lower Grand Lagoon

Elementary school: 

Patronis

Middle school: 

Surfside

High school: 

Arnold

Number of units in community: 

2

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

$327,688
Asking price
$448,900
Closing costs (~8% of asking)
-$35,912
Est. remaining loan balance
-$85,300
Cash to seller
$327,688

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

Seller’s Loan History

Lender

Everett Financial Inc

Loan start date

September 2014

Original loan amount

$109,620

Est. remaining balance

$85,300

Interest rate

4.12%

Loan type

New Conventional, 30 year

Seller

Lori A Born and John E Nale

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: 03/29/2025 at 11:10 AM

Listing updated: 03/21/2025 at 10:11 AM

Listed by: Ryan T Powell, Keller Williams Success Realty Phone #: (850) 249-0313

MLS: CentralPanhandle #766204

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