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$1,299,000

Beds
7
Baths
5.0
sq ft
2,753

601 Dogwood St, Panama City Beach, FL 32407

601 Dogwood St

Panama City Beach, FL 32407

  • 139 days on market
$125,000 in documented AirBnB Revenues for 2023 Triplex plus a Tiny House.Guests can enjoy being within walking distance of the white sands of Panama City Beach, many attractions, restaurants, and shopping. The large corner lot has plenty of room for parking. Each unit is unique in size and are rented on a short term AirBnB platform with one unit currently as a long term rental. There is a Tiny House separate from the 3plex on the property producing in excess of $36k.

Details

Property type

Townhouse

Lot size

Unknown

Price per sq ft

$472

Year built

1960

Price History

05/03/2024
EmeraldCoast

EmeraldCoast #948938

Listed
$1,299,000
-0.08%
01/31/2024
CentralPanhandle

CentralPanhandle #741944

Removed
$1,300,000
05/25/2023
CentralPanhandle

CentralPanhandle #741944

Listed
$1,300,000
+340.68%

Schools & Community

Elementary school: 

Hutchinson Beach

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

$819,260
Asking price
$1,299,000
Closing costs (~8% of asking)
-$103,920
Est. remaining loan balance
-$375,820
Cash to seller
$819,260

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

Seller’s Loan History

Lender

First Community Mortgage Inc

Loan start date

April 2021

Original loan amount

$406,000

Est. remaining balance

$375,820

Interest rate

2.97%

Loan type

New Conventional, 30 year

Seller

James Harvey

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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Off market
EmeraldCoast
$1,290,000
5 bd
|
4.5 ba
|
2,130 sq ft
|
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125 Paradise Found Cir, Panama City Beach, FL 32413

Status: Active

Tomo last checked: 09/19/2024 at 5:50 PM

Listing updated: 06/05/2024 at 5:43 PM

Listed by: Brian M Raymond, Brian M Raymond, Berkshire Hathaway HomeServices PenFed Realty Phone #: (850) 267-0013

MLS: EmeraldCoast #948938

EmeraldCoast logo

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