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$2,298,000

Beds
4
Baths
3.5
sq ft
3,636

7903 N Lagoon Dr, Panama City, FL 32408

7903 N Lagoon Dr

Panama City Beach, FL 32408

  • 182 days on market
WATERFRONT DREAM HOME w/GULF ACCESS, DOCK, BOATHOUSE & ALMOST an ACRE OF LAND! This gorgeous property is the epitome of coastal living! The 4/3.5 open floor plan is perfectly designed w/3636sf all on ONE LEVEL. The 3 CAR GARAGE w/car chargers is an added bonus! Outdoor living areas include SUMMER KITCHEN, HEATED POOL & SPA, 500' CIRCLE DRIVE, 160' BOAT DOCK, 12'x24' BOATHOUSE, RV HOOKUPS & custom shed. Home sits high in flood zone X, so NO FLOOD INSURANCE REQUIRED. NO HOA. You will find a new TILE ROOF, new STORM WINDOWS & DOORS renovated baths, TANKLESS water heater, new STAINLESS appliances, including a DOUBLE OVEN & wine refrigerator. The interior boasts 10ft & 12ft ceilings, an ENORMOUS MASTER SUITE, 2 FIREPLACES, chef's kitchen & so much more! Located along the deep waters of Grand Lagoon, you are only minutes from the Gulf of Mexico, St. Andrews State Park, Shell Island, local restaurants, and entertainment ranging from live music, to the only Nicklaus designed golf course in Northwest Florida, to events such as the annual Bay Point Open, a premier sport fishing tournament in Bay Point at the Point South Marina. The interior of the home showcases formal & informal living & dining areas, all in keeping w/an open space concept. It is the perfect layout w/two full bedrooms & bathrooms located on one side of the house, & the master suite & 4th bedroom/office on the the opposite side of the home. Rinnai tankless water heater, along w/extras like high ceilings, plantation shutters, lots of windows, a breakfast nook w/bay window. No HOA means you have options you won't find in restricted subdivisions, like chickens for fresh eggs, boat parking, RV parking, adding an additional structure, or whatever you would like to do to make this property your perfect paradise.The massive master suite has 2 seating areas, a gas fireplace, dual walk-in closets, master bath w/separate whirlpool tub & walk in shower, & french doors to the pool. The informal living area also has a gas fireplace & a cozy reading nook w/window seat overlooking the pool area. The formal area includes an inviting foyer that is open to the formal living & dining spaces. The dining area invites even the largest of dining sets, as well as a formal seating area w/large double doors in the living room, great room & master that open up to the covered patio & pool area. The spacious kitchen has a considerable amount of cabinet space, an island w/a 2nd kitchen sink, a breakfast bar to seat 4-5 & a darling breakfast nook tucked inside a bay window that also overlooks the pool area. The oversized garage has room for 3 cars +, with a built in Tesla charger & one other charger for an additional electric vehicle. The majestic 500 foot circle drive begins w/double columns on both the entrance & exit, and is lined w/tropical landscaping & lots of lush palm trees! Aside from an abundance of parking space, there are hookups ready for an RV & a well for the irrigation system. The expansive outdoor living spaces in the back of property include a fully equipped summer kitchen w/refrigerator, sink, gas stovetop & full bar to the outside. The kitchen can be enclosed w/ the automated roll down shutter when it is not in use, or for inclement weather. The newly refinished heated pool & hot tub have custom lighting & settings that can be controlled remotely. Surrounding the pool are extended deck & patio areas offering generous amounts of covered & uncovered spaces for grilling, sunbathing & entertaining. This property is designed to accommodate everything from entertaining a large number of people, to making memories w/family in your backyard oasis. Beyond the pool & patios is the ideal amount of green space, all sitting on .83 acres of land, w/large custom shed/workshop & 90' of waterfront along a 1000' wide, beautiful stretch of Grand Lagoon. Enjoy your favorite water activities like never before! Information is approximate & should be verified by buyer if important.

Details

Property type

Single Family Residence

Est. home value

$1,563,851

Lot size

0.8 acres

Price per sq ft

$633

Year built

1998

HOA

No

Price History

05/24/2024
CentralPanhandle

CentralPanhandle #757655

Listed
$2,298,000
05/18/2024
CentralPanhandle

CentralPanhandle #749439

Removed
$2,298,000
11/19/2023
CentralPanhandle

CentralPanhandle #749439

Listed
$2,298,000
+206.4%

Schools & Community

Neighborhood: 

Upper Grand Lagoon

Elementary school: 

Patronis

Middle school: 

Surfside

High school: 

Arnold

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

$1,823,473
Asking price
$2,298,000
Closing costs (~8% of asking)
-$183,840
Est. remaining loan balance
-$290,687
Cash to seller
$1,823,473

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

Seller’s Loan History

Lender

Loandepot.Com Llc

Loan start date

February 2022

Original loan amount

$425,000

Est. remaining balance

$290,687

Interest rate

3.12%

Loan type

New Conventional, 8 year

Seller

Jeffrey Charles Livingston and Lisa Worthington Livingston

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: 11/22/2024 at 11:10 PM

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

Listed by: Alyssa M Hakenewert, World Impact Real Estate Phone #: (850) 225-7000

MLS: CentralPanhandle #757655

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