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$1,295,000

Beds
6
Baths
3.5
sq ft
3,469

8641 N Lagoon Dr, Panama City, FL 32408

8641 N Lagoon Dr

Panama City Beach, FL 32408

  • 508 days on market
    • Price drop $200,000↓
REDUCED $200,000.00 Best price on the Lagoon. Best boast house AND HAS A SEA WALL! Welcome to Paradise.This Mediterranean style home sits on a huge lot with a pool out your back door. There is a covered boat dock with a lift for your boat for trips to Shell Island and the Gulf Mexico Lots of privacy for you and your family, as well as for entertaining. 75 feet of water are on the Lagoon for your enjoyment. There are 4 Bedrooms upstairs, plus an office. Downstairs there is a master as well as a master upstairs. The view of the Lagoon from this home is absolutely the best. Beautiful tile flooring through out and balconies upstairs to sit on and relax and enjoy the views. Check out this amazing covered boat dock with a lift.All measurements to be verified by buyer.

Details

Property type

Single Family Residence

Est. home value

$1,691,638

Lot size

0.45 acres

Price per sq ft

$374

Year built

1997

Annual property taxes

$6,687

HOA

No

Price History

09/30/2024
CentralPanhandle

CentralPanhandle #742950

Listed
$1,295,000
09/26/2024
CentralPanhandle

CentralPanhandle #742950

Pending
$1,295,000
09/09/2024
CentralPanhandle

CentralPanhandle #742950

Price change
$1,295,000
-13.38%

Schools & Community

Neighborhood: 

Upper Grand Lagoon

Elementary school: 

Breakfast Point

Middle school: 

Breakfast Point

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

Amsouth Bank

Loan start date

December 2001

Original loan amount

$255,000

Est. remaining balance

$0

Interest rate

6.56%

Loan type

Not Provided, 3 year

Seller

Mitchell K Pierce and Yevette V Pierce

Lender

Amsouth Bank

Loan start date

May 2001

Original loan amount

$250,000

Est. remaining balance

Not provided

Interest rate

6.89%

Loan type

Credit Line (Revolving), 20 year

Seller

Mitchell K Pierce and Yvette V Pierce

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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7318 S Lagoon Dr, Panama City, FL 32408

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CentralPanhandle
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4120 Utes Dr, Panama City, FL 32408

Status: Active

Tomo last checked: 11/08/2024 at 4:15 PM

Listing updated: 10/31/2024 at 1:30 PM

Listed by: Cynthia Luster, Coastal Property Services, Inc Phone #: (850) 544-9440

MLS: CentralPanhandle #742950

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