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$615,000

Beds
3
Baths
2.0
sq ft
1,659

5928 Sunset Ave, Panama City, FL 32408

5928 Sunset Ave

Panama City, FL 32408

  • 16 days on market
    • Price drop $34,450↓
Take advantage of $20K in seller's concessions, perfect for covering closing costs or buying down your interest rate! Just minutes from the stunning emerald coast waters of the Gulf of Mexico, this fantastic home is situated in the sought-after North Lagoon neighborhood of Panama City Beach, Florida. With 3 spacious bedrooms and 2 full bathrooms, this property boasts elegant granite countertops and solid flooring throughout. It's a turnkey investment opportunity that has been meticulously maintained. The open layout and thoughtful split floorplan make it ideal for both primary residence or vacation rental. Another major perk? The converted 2-car garage, featuring an additional living space complete with games and a wall-mounted TV.Conveniently located just 3 minutes from the nearest beach access, 7 minutes to the Hathaway Bridge, and 20 minutes to the lively Pier Park, this home offers the perfect blend of relaxation and excitement.Fully equipped with high-end furnishings, it is ready for you and your guests. Enjoy the benefits of a short-term rental in this golf cart-friendly neighborhood!Easy maintenance with the metal roof and Hardie Board siding.

Details

Property type

Single Family Residence

Est. home value

$555,163

Lot size

5,968 sq ft

Price per sq ft

$371

Year built

2017

Annual property taxes

$4,059

HOA

No

Price History

11/02/2024
CentralPanhandle

CentralPanhandle #764126

Price change
$615,000
-5.3%
10/17/2024
CentralPanhandle

CentralPanhandle #764126

Listed
$649,450
+13.96%
06/30/2023
CentralPanhandle

CentralPanhandle #734982

Sold
$569,900
+104.17%

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

$116,945
Asking price
$615,000
Closing costs (~8% of asking)
-$49,200
Est. remaining loan balance
-$448,855
Cash to seller
$116,945

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

Seller’s Loan History

Lender

A&D Mortgage Llc

Loan start date

June 2023

Original loan amount

$455,920

Est. remaining balance

$448,855

Interest rate

6.35%

Loan type

New Conventional, 30 year

Seller

Puesta Del Sol Llc

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: 11/08/2024 at 7:45 AM

Listing updated: 11/02/2024 at 6:49 PM

Listed by: Nicole Lane, EXP Realty LLC Phone #: (888) 883-8509

MLS: CentralPanhandle #764126

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