tomo logo

$425,000

Beds
2
Baths
3.0
sq ft
1,196

8318 Elizabeth Ave, Panama City, FL 32408

8318 Elizabeth Ave

Panama City Beach, FL 32408

  • Pending
    • Price drop $10,000↓
Only 3 blocks to the beach! This is your dream Beach House or a turn key Airbnb. It has everything you need, just bring your toothbrush & enjoy your new home. Completely furnished inside & outside. Homes effective year built is 2011 due to all of the upgrades. Beautiful updated kitchen with top of line appliances, convenient island for bar sitting & a dining room as well. 3 full bathrooms, take a look at the upgrades. The Florida Room is set up as extra bedroom with sleeping for 3 people with it's own full bath. This room is large enough for another bed or sitting area. Private backyard, fully fenced with fire pit & plenty of room for yard games or entertaining. There is also a shed in backyard for beach supplies or She Shed. Only 15 minutes to Wonderworks, Ripley's, 3 adventure parks with mini golf & Shipwreck Island Waterpark. Do you have a boat? Only 3 blocks to water on South Lagoon with a public boat launch. This Beach House & it's location is a must to see. Plenty of parking

Details

Property type

Single Family Residence

Est. home value

$401,259

Lot size

6,098 sq ft

Price per sq ft

$356

Year built

1981

HOA

No

Price History

12/20/2024
CentralPanhandle

CentralPanhandle #761111

Pending
$425,000
09/24/2024
CentralPanhandle

CentralPanhandle #761111

Price change
$425,000
-2.3%
08/26/2024
CentralPanhandle

CentralPanhandle #761111

Price change
$435,000
-0.91%

Schools & Community

Neighborhood: 

Lower Grand Lagoon

Elementary school: 

Breakfast Point

Middle school: 

Breakfast Point

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

$20,904
Asking price
$425,000
Closing costs (~8% of asking)
-$34,000
Est. remaining loan balance
-$370,096
Cash to seller
$20,904

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

Seller’s Loan History

Lender

Rocket Mortgage Llc

Loan start date

September 2022

Original loan amount

$382,000

Est. remaining balance

$370,096

Interest rate

5.54%

Loan type

New Conventional, 30 year

Seller

Tierney Plasencia and Kyle Alexander

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?

Similar Homes Nearby

Price drop
CentralPanhandle
$375,000
2 bd
|
2.5 ba
|
1,280 sq ft
|
Townhouse

7229 S Lagoon Dr, Panama City, FL 32408

CentralPanhandle
$364,900
2 bd
|
2.5 ba
|
1,280 sq ft
|
Townhouse

7231 S Lagoon Dr, Panama City, FL 32408

Price drop
CentralPanhandle
$475,000
2 bd
|
2.5 ba
|
1,548 sq ft
|

6717 Beach Dr, Panama City, FL 32408

Status: Pending/Under Contract

Tomo last checked: 12/22/2024 at 4:20 PM

Listing updated: 12/20/2024 at 1:00 PM

Listed by: Rita B Hansen, Counts Real Estate Group Inc Phone #: (850) 249-3615

MLS: CentralPanhandle #761111

CentralPanhandle logo