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$430,343Estimated home value

Beds
2
Baths
2.0
sq ft
1,447

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

6500 Bridge Water Way Unit 505

Panama City Beach, FL 32407

  • Sold On 8/1/2019
    • Price drop $4,600↓
CURRENTLY UNDER CONTRACT, SELLER ACCEPTING BACK-UP OFFERS. Beautiful 2 Bedroom/2 full Bathroom furnished waterfront condo with stunning views of St. Andrews Bay and Hathaway Bridge. Both the master bedroom and living room face east for stunning sunrises, with hurricane resistant sliding glass doors that open to a large 200 square foot private balcony. Inside this 1447 square foot condo you will find luxurious finishing's that include: crown molding, ceramic tile, granite countertops and new vinyl herringbone pattern flooring. The master bath features a jet tub, double sink and a huge walk-in closet. The condo with its unique layout comes complete with furniture and a stacked washer/dryer. Hibiscus by the Bay is a gated community.

Details

Property type

Condominium

Est. home value

$430,343

Lot size

Unknown

Price per sq ft

$201

Year built

2005

Annual property taxes

$2,549

Monthly HOA fee

$338.7

Price History

03/25/2025
CentralPanhandle

CentralPanhandle #756597

Removed
$470,000
12/21/2024
CentralPanhandle

CentralPanhandle #756597

Price change
$470,000
-1.05%
09/05/2024
CentralPanhandle

CentralPanhandle #756597

Price change
$475,000
-3.06%

Schools & Community

Elementary school: 

Breakfast Point

Middle school: 

Breakfast Point

High school: 

Arnold

Community features: 

Pool, Clubhouse, Fitness Center, Fishing, Gated, Park, 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

$177,982
Asking price
$289,900
Closing costs (~8% of asking)
-$23,192
Est. remaining loan balance
-$88,726
Cash to seller
$177,982

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

July 2019

Original loan amount

$100,000

Est. remaining balance

$88,726

Interest rate

3.82%

Loan type

New Conventional, 30 year

Seller

Richard H Ramsey and Estrella S Ramsey

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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Price drop
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Status: Off Market

Tomo last checked: 04/03/2025 at 12:05 PM

Listing updated: 09/19/2024 at 11:21 PM

Listed by: Kerry J Jackson, Florida Realty Experts Inc Phone #: (850) 960-8646

MLS: CentralPanhandle #679982

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