tomo logo

$395,000

Beds
3
Baths
2.5
sq ft
1,761

8700 Front Beach Rd Unit 3107, Panama City Beach, FL 32407

8700 Front Beach Rd Unit 3107

Panama City Beach, FL 32407

  • 18 days on market
Welcome to this luxurious 1,761 sq. ft. first-floor condo in the sought-after Island Reserve community, offering 3 bedrooms and 2.5 baths with a seamless blend of elegance and comfort. This home features 10-foot ceilings, crown molding, granite countertops, stainless steel appliances, and a spa-like master suite with a soaking tub, double vanity, and glass shower. The second and third bedrooms share a convenient Jack-and-Jill bath. Step outside to your wraparound patio overlooking the lushly landscaped resort-style pool, complete with a lap area, zero entry, and cascading waterfalls. Enjoy world-class amenities, including a complete fitness center, clubhouse, basketball/pickleball court, hot tub, theater room, and game area with pool table, ample garage parking and site security for peace of mind. Each unit get's three parking spaces. Conveniently located in Panama City Beach, this gated community is minutes from the Gulf of Mexico's emerald waters, pristine beaches, shopping, dining, and entertainment. With its first-floor location, you'll enjoy effortless access to all amenities, a serene courtyard, and no stairs to climb--simply walk out to the pool and enjoy the ultimate in luxury living! Measurements approximate, please verify if important.

Details

Property type

Condominium

Est. home value

$374,918

Lot size

Unknown

Price per sq ft

$225

Year built

2009

Monthly HOA fee

$805.68

Price History

12/04/2024
CentralPanhandle

CentralPanhandle #765834

Listed
$395,000
+55.51%
04/30/2019
CentralPanhandle

CentralPanhandle #681046

Sold
$254,000
+30.26%
02/11/2016
CentralPanhandle

CentralPanhandle #639100

Sold
$195,000

Schools & Community

Elementary school: 

Breakfast Point

Middle school: 

Breakfast Point

High school: 

Arnold

Community features: 

Pool, Gated, Fitness Center, 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

$181,136
Asking price
$395,000
Closing costs (~8% of asking)
-$31,600
Est. remaining loan balance
-$182,264
Cash to seller
$181,136

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

Seller’s Loan History

Lender

Branch Banking And Trust Co

Loan start date

April 2019

Original loan amount

$203,200

Est. remaining balance

$182,264

Interest rate

4.31%

Loan type

New Conventional, 30 year

Seller

Leon Curtis Rountree and Charlene Conner Rountree

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

CentralPanhandle
$379,000
3 bd
|
2.5 ba
|
1,761 sq ft
|
Condo

8700 Front Beach Rd Unit 4216, Panama City Beach, FL 32407

A home in Panama City BeachCentralPanhandle
$379,900
3 bd
|
2.5 ba
|
1,761 sq ft
|
Condo

8700 Front Beach Rd Unit 7101, Panama City Beach, FL 32407

CentralPanhandle
$375,000
3 bd
|
2.5 ba
|
1,761 sq ft
|
Condo

8700 Front Beach Rd Unit 4317, Panama City Beach, FL 32407

Status: Active

Tomo last checked: 12/23/2024 at 2:25 PM

Listing updated: 12/05/2024 at 12:29 AM

Listed by: Michael S Werner, Keller Williams Success Realty Phone #: (850) 249-0313

MLS: CentralPanhandle #765834

CentralPanhandle logo