tomo logo

$245,000

Beds
1
Baths
1.0
sq ft
1,071

8700 Front Beach Rd Unit 2107, Panama City Beach, FL 32407

8700 Front Beach Rd Unit 2107

Panama City Beach, FL 32407

  • 254 days on market
    • Price drop $5,000↓
Presenting a Well maintained 1-bed/1-bath ground-floor condo in the esteemed Island Reserve community. This residence offers a heightened living experience with expansive 10-foot ceilings and refined crown molding. The interior showcases a stylish fusion of bamboo wood floors and new carpets in the bedrooms, elevating the overall aesthetic.Enjoy the added convenience of an extra study/bunk room and a dedicated laundry room, enhancing the functionality of this well-appointed unit. This ground-floor unit offers easy access to the surrounding green spaces, ensuring a seamless connection with nature.Island Reserve's rich amenities include a 100'' theater screen room, a fully equipped fitness center, a volleyball court, and an indoor basketball court. The centerpiece of leisure is the remarkable 1-acre resort-style pool, complete with a cascading waterfall. The community is thoughtfully designed to offer residents an exceptional blend of luxury and convenience.Embrace the tranquility and sophistication of Island Reserve living in this ground floor unit. Indulge in the comfort of bamboo wood floors, relish the lush surroundings, and discover a refined lifestyle at your fingertips.

Details

Property type

Condominium

Est. home value

$243,982

Lot size

Unknown

Price per sq ft

$229

Year built

2008

Annual property taxes

$2,055

Monthly HOA fee

$380.33

Price History

04/10/2024
CentralPanhandle

CentralPanhandle #753993

Price change
$245,000
-2%
03/10/2024
CentralPanhandle

CentralPanhandle #753993

Listed
$250,000
+6.38%
11/28/2022
CentralPanhandle

CentralPanhandle #731375

Sold
$235,000
+38.24%

Schools & Community

Elementary school: 

Breakfast Point

Middle school: 

Breakfast Point

High school: 

Arnold

Community features: 

Pool, Gated, Clubhouse, Sidewalks

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

-$10,096
Asking price
$245,000
Closing costs (~8% of asking)
-$19,600
Est. remaining loan balance
-$235,496
Cash to seller
-$10,096

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

November 2022

Original loan amount

$240,405

Est. remaining balance

$235,496

Interest rate

6.92%

Loan type

VA, 30 year

Seller

Chanda Presley

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?

Similar Homes Nearby

Price drop
CentralPanhandle
$249,900
1 bd
|
1 ba
|
1,071 sq ft
|
Condo

8700 Front Beach Rd Unit 5314, Panama City Beach, FL 32407

CentralPanhandle
$239,900
1 bd
|
1 ba
|
1,071 sq ft
|
Condo

8700 Front Beach Rd Unit 5211, Panama City Beach, FL 32407

Price drop
CentralPanhandle
$250,000
1 bd
|
1 ba
|
840 sq ft
|
Condo

8730 Thomas Dr Unit 1201-B, Panama City, FL 32408

Status: Active

Tomo last checked: 11/19/2024 at 10:20 AM

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

Listed by: Josh D Chapman, EXP Realty LLC Phone #: (888) 883-8509

MLS: CentralPanhandle #753993

CentralPanhandle logo