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$375,000

Beds
3
Baths
2.5
sq ft
1,512

8605 Marlin Pl, Panama City, FL 32408

8605 Marlin Pl

Panama City, FL 32408

  • 195 days on market
    • Price drop $10,000↓
Beautiful two story house in the Marlin Place community. This gated community consists of a single street and has a community pool. This house is zoned for short term rental use, but can easily be your own personal residence as well. Not only is this house affordable for the Panama City Beach area, but it is also centrally located, just a short distance from the sandy white beaches and Front Beach Road, allowing for quick access to shopping, entertainment, and restaurants. Call your favorite realtor for your own showing today. All measurements are approximate, buyer to verify if important.

Details

Property type

Single Family Residence

Est. home value

$351,096

Lot size

2,178 sq ft

Price per sq ft

$249

Year built

2016

Annual property taxes

$3,336

Monthly HOA fee

$200

Price History

09/02/2024
CentralPanhandle

CentralPanhandle #756795

Price change
$375,000
-2.6%
05/06/2024
CentralPanhandle

CentralPanhandle #756795

Listed
$385,000
+10%
07/14/2022
CentralPanhandle

CentralPanhandle #726926

Sold
$350,000
+23.46%

Schools & Community

Elementary school: 

Breakfast Point

Middle school: 

Breakfast Point

High school: 

Arnold

Community features: 

Gated

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

$78,658
Asking price
$375,000
Closing costs (~8% of asking)
-$30,000
Est. remaining loan balance
-$266,342
Cash to seller
$78,658

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

Seller’s Loan History

Lender

Investor Mortgage Finance Llc

Loan start date

July 2022

Original loan amount

$276,000

Est. remaining balance

$266,342

Interest rate

5.1%

Loan type

New Conventional, 30 year

Seller

Turn Key Management & Investment 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?

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2201 Brooke St, Panama City, FL 32408

Status: Active

Tomo last checked: 11/19/2024 at 12:25 PM

Listing updated: 09/26/2024 at 11:10 PM

Listed by: Matthew J Gainer, Horsley Real Estate Group Phone #: (850) 832-3503

MLS: CentralPanhandle #756795

CentralPanhandle logo

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