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$294,900

Beds
2
Baths
2.5
sq ft
1,325

8700 Front Beach Rd Unit 2203, Panama City Beach, FL 32407

8700 Front Beach Rd Unit 2203

Panama City Beach, FL 32407

  • 145 days on market
    • Price drop $5,100↓
Enjoy coastal luxury in this gated community! This 2 bed, 2.5 bath condo is perfect for entertaining. The kitchen is equipped with stainless steel appliances, granite countertops, and tile backsplash. It opens to a dining & living area which boasts 10 foot ceilings, crown molding, engineered bamboo floors & lots of natural light. This unit offers 2 master suites each with large bathrooms with walk in showers, large closets, and granite countertops. One of the bathrooms includes a soaker tub as well. This building is one of the few that features a back patio with surrounding courtyard views that feature beautiful tropical landscaping. Access the patio through either bedroom or the living area. Conveniently located and just steps away from the covered parking garage. The amenities at Island Reserve include a gorgeous resort style pool, state of the art fitness center, pickleball courts, basketball court, community room, and theater! Schedule a showing today to experience Island Reserve.

Details

Property type

Condominium

Est. home value

$321,644

Lot size

Unknown

Price per sq ft

$223

Year built

2008

Annual property taxes

$3,211

Monthly HOA fee

$503.4

Price History

09/22/2024
CentralPanhandle

CentralPanhandle #760755

Price change
$294,900
-1.7%
08/01/2024
CentralPanhandle

CentralPanhandle #760755

Listed
$300,000
-2.28%
07/16/2024
CentralPanhandle

CentralPanhandle #746637

Removed
$307,000

Schools & Community

Elementary school: 

Breakfast Point

Middle school: 

Breakfast Point

High school: 

Arnold

Community features: 

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

$7,101
Asking price
$294,900
Closing costs (~8% of asking)
-$23,592
Est. remaining loan balance
-$264,207
Cash to seller
$7,101

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

September 2021

Original loan amount

$284,900

Est. remaining balance

$264,207

Interest rate

2.78%

Loan type

VA, 30 year

Seller

Scott Holloway and Veronica Holloway

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: 12/24/2024 at 1:30 PM

Listing updated: 12/02/2024 at 11:20 AM

Listed by: Nathan Lawrence, Legacy Premier Agency Phone #: (850) 468-2100

MLS: CentralPanhandle #760755

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