tomo logo

$235,000

Beds
1
Baths
1.5
sq ft
1,588

8700 Front Beach Rd Unit 1316, Panama City Beach, FL 32407

8700 Front Beach Rd Unit 1316

Panama City Beach, FL 32407

  • 94 days on market
Welcome to Island Reserve, a luxury gated community just 1.5mi from the sandy beach. This is the largest 1 bedroom, 1.5 bath floorplan. First floor features 10' ceilings w/crown molding and bamboo and tile floors. Large, open living and dining area. Kitchen has granite counters, breakfast bar and stainless appliances. Convenient half bath off living area. Coat closet and storage room both by front door. The second floor is where you'll find the primary bedroom, his and her walk-in closets, ensuite with two separate vanities and garden tub with separate shower. Laundry is right outside the bedroom and includes full size washer and dryer and large built ins for storage. There is also a large bonus room on the 2nd floor for storage, bunks, exercise, or office. Two balconies; one off living area and one off bedroom, both overlooking the courtyard and the pool w/waterfalls. HOA fees include water, sewer, garbage, landscaping, amenities and security. Impressive amenities include a resort style lagoon pool w/lap area, zero entry and waterfalls. There is an indoor multi-sport court, fitness room, billiard/gaming room, and theater/media room with 100'' screen. This condo is ideal as a permanent home, vacation getaway, or investment for rental income. Priced to sell. Call your Realtor for a private showing.

Details

Property type

Condominium

Est. home value

$249,372

Lot size

Unknown

Price per sq ft

$148

Year built

2008

Annual property taxes

$1,036

Monthly HOA fee

$619.84

Price History

09/18/2024
CentralPanhandle

CentralPanhandle #762921

Listed
$235,000
+41.57%
09/27/2019
CentralPanhandle

CentralPanhandle #686472

Sold
$166,000

Schools & Community

Elementary school: 

Breakfast Point

Middle school: 

Breakfast Point

High school: 

Arnold

Community features: 

Pool, Clubhouse, Fitness Center, Gated

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

Village Capital & Investment Llc

Loan start date

August 2020

Original loan amount

$165,660

Est. remaining balance

$150,287

Interest rate

3.03%

Loan type

VA, 30 year

Seller

Michael Theodore Fader Jr

Lender

Tyndall Fcu

Loan start date

September 2019

Original loan amount

$165,500

Est. remaining balance

$148,089

Interest rate

3.6%

Loan type

VA, 30 year

Seller

Michael Theodore Fader Jr and Michael T Fader Jr

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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Status: Active

Tomo last checked: 12/23/2024 at 9:20 AM

Listing updated: 12/21/2024 at 12:20 PM

Listed by: Eric E Tenold, Keller Williams Success Realty Phone #: (850) 249-0313

MLS: CentralPanhandle #762921

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