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$430,000

Beds
2
Baths
2.0
sq ft
1,447

6500 Bridge Water Way Unit 1002, Panama City Beach, FL 32407

6500 Bridge Water Way Unit 1002

Panama City Beach, FL 32407

  • 199 days on market
    • Price drop $5,000↓
THIS RARE GEM IS ONE OF THE VERY FEW IN PANAMA CITY BEACH THAT COMES WITH A COVETED BOAT SLIP AND PRIVATE GARAGE!!! Indulge in the luxury of waterfront living with this stunning, turnkey condo. As you enter this beautifully renovated condo, you will be delighted by the water views that greet you from almost every angle. The split bedroom design offers maximum privacy with a waterfront master suite and its own private access to the balcony. Imagine waking up to the gorgeous blue skies and picturesque Bay views! The spacious living area is perfect for entertaining with large glass doors leading out to the balcony, providing the ideal setting for relaxing, drinking your morning coffee, or dining al fresco while enjoying the mesmerizing sight of boats gliding by. The gourmet kitchen features granite countertops, a breakfast bar, and ample storage space, making it a chef's dream. For your convenience, there is also an in-unit washer and dryer. As part of this exclusive community, residents enjoy access to a wealth of resort-style amenities, including a marina, pool, tennis courts, exercise room, owner's lounge, and dock, allowing you to indulge in the ultimate waterfront lifestyle. Don't miss this rare opportunity to own a waterfront paradise complete with boat slip and garage. Schedule your private showing today!

Details

Property type

Condominium

Est. home value

$449,830

Lot size

Unknown

Price per sq ft

$298

Year built

2005

Annual property taxes

$4,578

Monthly HOA fee

$972.71

Price History

07/14/2024
CentralPanhandle

CentralPanhandle #756355

Price change
$430,000
-1.15%
06/22/2024
CentralPanhandle

CentralPanhandle #756355

Price change
$435,000
-3.33%
06/03/2024
CentralPanhandle

CentralPanhandle #756355

Price change
$450,000
-4.26%

Schools & Community

Elementary school: 

Breakfast Point

Middle school: 

Breakfast Point

High school: 

Arnold

Community features: 

Pool, Gated, Clubhouse, Fitness Center, Fishing, Sidewalks, Tennis Court(s)

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

$32,443
Asking price
$430,000
Closing costs (~8% of asking)
-$34,400
Est. remaining loan balance
-$363,157
Cash to seller
$32,443

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

Seller’s Loan History

Lender

Flagstar Bank Fsb

Loan start date

March 2022

Original loan amount

$382,500

Est. remaining balance

$363,157

Interest rate

3.55%

Loan type

New Conventional, 30 year

Seller

James E Mcarter and Christina L Mcarter

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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6500 Bridge Water Way Unit 505, Panama City Beach, FL 32407

Status: Active

Tomo last checked: 11/14/2024 at 8:30 PM

Listing updated: 09/26/2024 at 11:10 PM

Listed by: Eva M Mullins, Coldwell Banker Realty Phone #: (850) 234-6696

MLS: CentralPanhandle #756355

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