tomo logo

$387,500

Beds
3
Baths
2.5
sq ft
1,761

8700 Front Beach Rd Unit 1118, Panama City Beach, FL 32407

8700 Front Beach Rd Unit 1118

Panama City Beach, FL 32407

  • 63 days on market
Welcome to Island Reserve, an exquisite gated community just minutes from the stunning beaches of Panama City! This spacious ground-floor condo boasts a prime location that offers both privacy and breathtaking views of sunrises from the wrap-around porch. You'll be just steps away from the largest pool in Panama City Beach, perfect for relaxation and fun.This all-electric 1,761 square foot condo features three bedrooms and 2.5 baths, complete with numerous upgrades. Enjoy the elegance of plantation shutters, double-pane windows, and soaring 10-foot ceilings with crown molding in the living room. The kitchen is a chef's dream, equipped with granite countertops, rebuilt cabinets with pull-out drawers, and upgraded shelving. Additional highlights include upgraded light fixtures, HVAC, ceiling fans in every bedroom, and a spacious master suite with a large walk-in closet, soaking tub, walk-in shower and its own private door that leads to the wrap around porch.The two guest bedrooms share a convenient Jack and Jill bathroom, and there's a dedicated laundry room for added convenience. Walk out the back door to a hallway that leads to the Covered parking garage access. Enjoy the pet-friendly amenities--including waste stations throughout the community--make life easy for you and your furry friends.Imagine waking up to lush tropical landscaping and enjoying resort-style amenities right outside your door. Dive into the spectacular 1-acre lagoon pool, featuring waterfalls or unwind in the outdoor hot tub. Outdoor showers are available on the pool deck for your convenience. The vibrant community clubhouse is perfect for entertainment, featuring a theater room with a massive 100'' screen, a game room with pool tables, a Pickleball and basketball court, and a modern fitness center.Relax on your charming wrap-around porch while soaking in the beautifully landscaped grounds, and take advantage of the nearby pet walk area for your pets.Island Reserve offers a seamless blend of luxury and convenience, all set within a captivating resort atmosphere. With an array of restaurants, shopping, golf courses, and local attractions nearby, this isn't just a home; it's a lifestyle waiting for you to embrace. Don't miss your chance to experience luxurious living in this idyllic paradise!**Bonus - Golf Cart offered with full pice offers. This is a Custom Built 2022 ASPT, 6 Passenger Golf Cart that is Street Legal.

Details

Property type

Condominium

Est. home value

$376,866

Lot size

Unknown

Price per sq ft

$221

Year built

2008

Annual property taxes

$2,732

Monthly HOA fee

$700

Price History

10/28/2024
CentralPanhandle

CentralPanhandle #762931

Listed
$387,500
10/25/2024
CentralPanhandle

CentralPanhandle #762931

Pending
$387,500
09/19/2024
CentralPanhandle

CentralPanhandle #762931

Listed
$387,500
+34.08%

Schools & Community

Elementary school: 

Breakfast Point

Middle school: 

Breakfast Point

High school: 

Arnold

Community features: 

Pool, Clubhouse, Fitness Center, Tennis Court(s)

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

$155,523
Asking price
$387,500
Closing costs (~8% of asking)
-$31,000
Est. remaining loan balance
-$200,977
Cash to seller
$155,523

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

Seller’s Loan History

Lender

Broker Solutions Inc

Loan start date

July 2021

Original loan amount

$216,750

Est. remaining balance

$200,977

Interest rate

2.94%

Loan type

New Conventional, 30 year

Seller

Steve Lynn Blevins and Cecilia Gail Cannon

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: 11/23/2024 at 2:40 AM

Listing updated: 11/02/2024 at 9:10 AM

Listed by: Debi K Stevens, Seashore Realty LLC Phone #: (850) 235-4444

MLS: CentralPanhandle #762931

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