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$390,000

Beds
3
Baths
2.5
sq ft
1,496

7666 Shadow Lake Dr, Panama City Beach, FL 32407

7666 Shadow Lake Dr

Panama City Beach, FL 32407

  • 264 days on market
    • Price drop $5,000↓
WAITING FOR INTEREST RATES TO DROP? GREAT, SELLER IS WILLING TO DO ''RENT TO OWN'' NO CREDIT REQUIRED!!COMES FULLY FURNISHED, TURN KEY READY AND A PROVEN RENTAL HISTORY!!! Welcome to your perfect beach getaway at 7666 Shadow Lake Drive in Panama City Beach ONE of the few townhouse community that allows SHORT TERM RENTAL!!! This fully furnished townhouse is situated in a quiet community with a low HOA, offering a GREATER CASH FLOW ON YOUR INVESTMENT!!! Enjoy the Florida sunshine at the community pool just steps away from your front door. With its modern design and fairly new construction, this townhouse is move-in ready and waiting for you to make it your own. Just a short 5-minute drive to the beautiful beaches of Panama City Beach, you'll have easy access to the sand and surf whenever you please. Don't miss out on this opportunity to own a piece of paradise - schedule your showing today!

Details

Property type

Townhouse

Est. home value

$369,243

Property condition

Updated/Remodeled

Lot size

1,960 sq ft

Price per sq ft

$261

Year built

2020

Annual property taxes

$3,885

Monthly HOA fee

$268

Price History

10/07/2024
CentralPanhandle

CentralPanhandle #753473

Price change
$390,000
-1.27%
08/24/2024
CentralPanhandle

CentralPanhandle #753473

Price change
$395,000
-1%
02/29/2024
CentralPanhandle

CentralPanhandle #753473

Listed
$399,000
+9.32%

Schools & Community

Elementary school: 

Breakfast Point

Middle school: 

Breakfast Point

High school: 

Arnold

Community features: 

Pool

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

$81,234
Asking price
$390,000
Closing costs (~8% of asking)
-$31,200
Est. remaining loan balance
-$277,566
Cash to seller
$81,234

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

Seller’s Loan History

Lender

Nations Direct Mortgage Llc

Loan start date

March 2022

Original loan amount

$292,000

Est. remaining balance

$277,566

Interest rate

3.69%

Loan type

New Conventional, 30 year

Seller

Dione Marshall Cubas and Kizzie Davis

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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Status: Active

Tomo last checked: 11/19/2024 at 10:30 PM

Listing updated: 10/07/2024 at 7:05 PM

Listed by: Ramone C Silvera, Salty Marlin Realty LLC Phone #: (850) 615-2406

MLS: CentralPanhandle #753473

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