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$350,000

Beds
2
Baths
2.0
sq ft
1,000

5613 Hilltop Ave Unit A, Panama City, FL 32408

5613 Hilltop Ave Unit A

Panama City Beach, FL 32408

  • 4 days on market
Immerse yourself in the Beach paradise lifestyle! Location X's 3! This 2-bedroom / 2-bathroom 1,000 sf, separately deeded duplex has a huge master bedroom, vaulted ceilings, fenced backyard, large deck and covered carport to store your boat or recreational vehicle. This gem is triangulated between: The Grand Lagoon (1.5 blocks); public boat ramps (2 blocks); and the beautiful Gulf of Mexico only 5.5 blocks away! Thrive in this very desirable Biltmore Beach neighborhood. One of the world's top ten beaches can be easily accessed within walking distance or by golf cart. This incredibly built, Panama City Beach treasure has a space to park your boat and is located in unincorporated Bay County. Interested in using this as a short-term-rental? Long-term rental? Family vacation home? Moving here permanently? - No problems. Furniture is negotiable. Ask your favorite Realtor to see this property today and you too, could be walking on sunshine!

Details

Property type

Est. home value

$306,092

Lot size

Unknown

Price per sq ft

$350

Year built

1984

Annual property taxes

$446

HOA

No

Price History

01/18/2025
CentralPanhandle

CentralPanhandle #767417

Price change
$350,000
+6.06%
01/18/2025
CentralPanhandle

CentralPanhandle #767417

Price change
$330,000
-5.71%
01/10/2025
CentralPanhandle

CentralPanhandle #767417

Listed
$350,000
+25.45%

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

$103,114
Asking price
$350,000
Closing costs (~8% of asking)
-$28,000
Est. remaining loan balance
-$218,886
Cash to seller
$103,114

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

Seller’s Loan History

Lender

Rocket Mortgage Llc

Loan start date

May 2023

Original loan amount

$223,200

Est. remaining balance

$218,886

Interest rate

6.42%

Loan type

New Conventional, 30 year

Seller

Sharese Cherry and Aaron Cherry

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?

Status: Active

Tomo last checked: 01/22/2025 at 7:10 PM

Listing updated: 01/18/2025 at 12:00 PM

Listed by: Daniel Hagen, Robert Slack, LLC Phone #: (352) 363-6982

MLS: CentralPanhandle #767417

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