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$335,000

Beds
2
Baths
2.5
sq ft
1,325

8700 Front Beach Rd Unit 1102, Panama City Beach, FL 32407

8700 Front Beach Rd Unit 1102

Panama City Beach, FL 32407

  • 105 days on market
    • Price drop $17,000↓
COMPLETELY FURNISHED but can be sold unfurnished too! One of the best of the the best condos in the gated community of Island Reserve boasting TOP OF THE LINE UPDATES and exceptional amenities. This highly sought after ground floor unit features a modern, crisp, clean style and offers a spacious patio for outdoor enjoyment. Just some of the quality features include the following: over $10,000 in master bath upgrades, including a unique shower and bathtub design, new Dekton counter tops throughout, stylish slate island bar, all new vinyl plank flooring which adds a sleek, contemporary feel, updated lighting, hardware, and appliances, functional pull out drawers, stylish backsplash, new shower upgrade in guest suite, fresh crown molding, and updated grout in tile floors, new stoneware farmers style sink, new ceiling fans and newer paint throughout, new stacked LG washer & dryer with 3 yr transferable warranty relocated to master bedroom closet for easy access, additional updates listed in document file. PRIME courtyard view (only three have this type view throughout the community) beautiful lighted courtyards at night with serene fountains, less than 2 miles to the sandy white beaches! Discover luxury living with unmatched comfort and style in this exquisite condo. Restaurants, shopping and medical facilities are very close too. Fantastic and vibrant social committee keeps owners connected with get-to-gethers around the pool and holiday lunches! Enjoy pickleball, basketball, summer aerobics, community room, theater room, modern fitness center, or just relax around the acre island style pool with mesmerizing waterfalls and hot tub. NO SHORT TERM RENTALS ALLOWED. Just move in, relax, and enjoy!! Golf cart community! Two dogs allowed. Don't miss this incredible opportunity. Furnishings can be removed if you prefer unfurnished.

Details

Property type

Condominium

Est. home value

$325,002

Lot size

Unknown

Price per sq ft

$253

Year built

2008

Annual property taxes

$1,981

Monthly HOA fee

$584.91

Price History

07/06/2024
CentralPanhandle

CentralPanhandle #758096

Price change
$335,000
-4.83%
06/04/2024
CentralPanhandle

CentralPanhandle #758096

Listed
$352,000
+44.92%
12/04/2020
CentralPanhandle

CentralPanhandle #703275

Sold
$242,900
+27.17%

Schools & Community

Elementary school: 

Breakfast Point

Middle school: 

Breakfast Point

High school: 

Arnold

Community features: 

Pool, Gated, Clubhouse, Fitness Center

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

$87,448
Asking price
$335,000
Closing costs (~8% of asking)
-$26,800
Est. remaining loan balance
-$220,752
Cash to seller
$87,448

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

Seller’s Loan History

Lender

Mortgage Research Center Llc

Loan start date

December 2020

Original loan amount

$241,000

Est. remaining balance

$220,752

Interest rate

2.81%

Loan type

VA, 30 year

Seller

Mary Jeannette Abbott

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?

Status: Active

Tomo last checked: 09/18/2024 at 9:05 PM

Listing updated: 09/14/2024 at 1:09 PM

Listed by: Diane Tyler, RC Real Estate Group Phone #: (850) 249-6100

MLS: CentralPanhandle #758096

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