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$1,244,160

Beds
8
Baths
4.0
sq ft
3,072

5801 Pinetree Ave Unit A, Panama City, FL 32408

5801 Pinetree Ave Unit A

Panama City Beach, FL 32408

  • 33 days on market
    • Price drop $3,072↓
FANTASTIC OPPORTUNITY to own TWO DUPLEXES! This is a 2-parcel sale of TWO buildings and the shared/common space.HIGHLIGHTS: Successful short term rental Beautifully remodeled in 2022 8 BR, 4 BA (2 BR/1 BA per unit x 4) Furnished, turnkey, ready to rent All items shown convey with sale All units on ground level Each unit can sleep 4-6 Each unit has a private patio Each unit has full-sized washer & dryerSHARED SPACE FEATURES: Above-ground pool in pristine condition Putting green Outdoor games Picnic tables Park-style grills Parking for 8 vehicles in frontIncome history and cost to own are attached to this listing. Ask your agent for the Airbnb links, too!NOTE: SALE INCLUDES 2 PARCEL ID #s

Details

Property type

Townhouse

Est. home value

$398,293

Lot size

6,098 sq ft

Price per sq ft

$405

Year built

1980

Price History

11/19/2024
EmeraldCoast

EmeraldCoast #963357

Listed
$1,244,160
+538.03%
02/22/2017
CentralPanhandle

CentralPanhandle #654381

Sold
$195,000

Schools & Community

Neighborhood: 

Lower Grand Lagoon

Elementary school: 

Patronis

Middle school: 

Surfside

High school: 

Arnold

Community features: 

Pool

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

$815,715
Asking price
$1,244,160
Closing costs (~8% of asking)
-$99,533
Est. remaining loan balance
-$328,912
Cash to seller
$815,715

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

Seller’s Loan History

Lender

Pennymac Loan Services Llc

Loan start date

April 2022

Original loan amount

$345,937

Est. remaining balance

$328,912

Interest rate

3.92%

Loan type

New Conventional, 30 year

Seller

Shawn Harms and Anna Laurie Harms

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 6:50 AM

Listing updated: 12/11/2024 at 8:39 PM

Listed by: January M Johnson, January M Johnson, EXP Realty LLC Phone #: (888) 883-8509

MLS: EmeraldCoast #963357

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