tomo logo

$449,000

Beds
2
Baths
1.0
sq ft
801

7 Trout St, Panacea, FL 32346

7 Trout St

Alligator Point, FL 32346

  • 6 days on market
Find your way home to "The Beach Nest", a low maintenance easy living beach access home. Situated just one tier back off the water with direct beach access just a few steps away. Currently used as a vacation rental part time, this home grossed over $30,000 in 2024 with potential for even more (Current 2025 bookings can transfer). Concrete block construction, metal roof, and a simple efficient 2 bedroom 1 bath design lend themselves to making this house one of the easiest low maintenance properties around. Recently remodeled in 2024 the home features un updated kitchen and bathroom along with new interior finishes offering comfort and style to its guests Surrounded by Bald Point State park the community is an enclave for wildlife and birds as well as owners who enjoy seeing original old Florida beaches in their natural state. Very few places on the coast of Florida with as much charm and privacy anymore. Looking for a place you can enjoy without constant headaches, plus have the ability to use it as an income producer when you're not there? This could be perfect for you. Insurance- Flood-$3993, HO+WInd- $5687.90

Details

Property type

Single Family Residence

Est. home value

$304,792

Lot size

6,970 sq ft

Price per sq ft

$561

Year built

1973

Annual property taxes

$1,420

Price History

01/16/2025
Tallahassee

Tallahassee #380857

Listed
$449,000
+55.36%
08/18/2022
Tallahassee

Tallahassee #350105

Sold
$289,000
+10.1%
02/10/2022
Tallahassee

Tallahassee #341427

Sold
$262,500

Schools & Community

Elementary school: 

OTHER COUNTY

Middle school: 

OTHER COUNTY

High school: 

OTHER COUNTY

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

America'S Wholesale Lender

Loan start date

January 2000

Original loan amount

$75,000

Est. remaining balance

Not provided

Interest rate

7.86%

Loan type

New Conventional

Seller

Wiggins Patrick

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?

Status: Active

Tomo last checked: 01/23/2025 at 1:50 AM

Listing updated: 01/23/2025 at 1:21 AM

Listed by: Joshua E Brown, Waypoint Properties Phone #: (850) 926-9100

MLS: Tallahassee #380857

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