tomo logo

$650,000

Beds
4
Baths
2.5
sq ft
1,996

5623 Hilltop Ave, Panama City, FL 32408

5623 Hilltop Ave

Panama City Beach, FL 32408

  • 15 days on market
Your Dream Beach Retreat Awaits! Discover the ultimate coastal lifestyle with this stunning beach house located on South Thomas Drive! Priced to sell, this beautiful gem is a newer build, completed in 2018, perfectly positioned just 4 blocks from the pristine shores of the beach and one block to the serene bay. Whether you're seeking a primary residence, a second home to escape the hustle and bustle, or a lucrative income-producing investment, this property checks every box! Don't miss this incredible opportunity to own YOUR piece of Biltmore Beach; schedule YOUR showing today!

Details

Property type

Single Family Residence

Est. home value

$535,404

Lot size

6,098 sq ft

Price per sq ft

$326

Year built

2018

Price History

12/07/2024
EmeraldCoast

EmeraldCoast #964373

Listed
$650,000
+4%
07/31/2024
CentralPanhandle

CentralPanhandle #752405

Removed
$625,000
05/20/2024
CentralPanhandle

CentralPanhandle #752405

Price change
$625,000
-1.57%

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

$401,731
Asking price
$650,000
Closing costs (~8% of asking)
-$52,000
Est. remaining loan balance
-$196,269
Cash to seller
$401,731

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

Seller’s Loan History

Lender

Trustmark National Bank

Loan start date

March 2021

Original loan amount

$214,391

Est. remaining balance

$196,269

Interest rate

2.77%

Loan type

New Conventional, 30 year

Seller

Vicki L Wimberly and Thomas J Moore

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 11:40 PM

Listing updated: 12/14/2024 at 4:59 PM

Listed by: Scott A Goldstein, Scott A Goldstein, Grayton Beach Realty Llc Phone #: (850) 231-5421

MLS: EmeraldCoast #964373

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