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$650,000

Beds
6
Baths
4.0
sq ft
1,800

7315 Beach Dr, Panama City, FL 32408

7315 Beach Dr

Panama City, FL 32408

  • 21 days on market
    • Price drop $50,000↓
Opportunity Knocks!! Wanting to buy a vacation home OR short-term rental income with immediate equity AND two blocks from Rick Seltzer Beach Park?? This duplex offers a single-family home on the upper two floors and a studio style apartment on the first floor. Recently remodeled to include new cabinets and countertops, this property boasts great natural light and Gulf of Mexico views from the top floor primary bedroom! Ground level includes a 1 car garage that can be used for storage and the backyard has an above ground pool for lazy days. Hungry? Next door is FINNS Island Style Grub and Barista and multiple other restaurants close by. This is a must see!

Details

Property type

Duplex

Est. home value

$485,037

Lot size

5,663 sq ft

Price per sq ft

$362

Year built

1980

Annual property taxes

$1,129

HOA

No

Price History

09/24/2024
CentralPanhandle

CentralPanhandle #762607

Price change
$650,000
-7.14%
08/27/2024
CentralPanhandle

CentralPanhandle #762607

Listed
$700,000
-12.5%
08/19/2024
CentralPanhandle

CentralPanhandle #759588

Removed
$799,999

Schools & Community

Neighborhood: 

Lower Grand Lagoon

Elementary school: 

Patronis

Middle school: 

Surfside

High school: 

Arnold

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

Center Street Lending Corp

Loan start date

October 2023

Original loan amount

$433,394

Est. remaining balance

Not provided

Interest rate

7.18%

Loan type

Building or Construction Loan

Seller

First Panama City Holdings Llc

Lender

Center Street Lending Corp

Loan start date

October 2023

Original loan amount

$50,000

Est. remaining balance

Not provided

Interest rate

7.18%

Loan type

Commercial

Seller

First Panama City Holdings 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?

Status: Active

Tomo last checked: 10/04/2024 at 9:55 PM

Listing updated: 09/24/2024 at 7:09 PM

Listed by: Danielle F King, Keller Williams Realty Emerald Coast Phone #: (850) 654-2900

MLS: CentralPanhandle #762607

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