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$371,000

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

  • Pending
    • Price drop $10,000↓
CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERSMAJOR PRICE REDUCTION! Welcome to this luxurious 1,761 sq. ft. first-floor condo in the sought-after Island Reserve community, offering 3 bedrooms and 3 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, INDOOR basketball and pickleball court (year round enjoyment!), 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. The community boasts an active social committee with monthly organized activities, fostering a vibrant and welcoming atmosphere. Additionally, the property is VA approved, making it accessible for eligible buyers. 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! Seller will pay for a HOME WARRANTY for piece of mind. Measurements approximate, please verify if important.

Details

Property type

Condominium

Est. home value

$374,918

Lot size

Unknown

Price per sq ft

$211

Year built

2009

Monthly HOA fee

$805.68

Price History

03/31/2025
CentralPanhandle

CentralPanhandle #765834

Pending
$371,000
03/18/2025
CentralPanhandle

CentralPanhandle #765834

Price change
$371,000
-2.62%
02/05/2025
CentralPanhandle

CentralPanhandle #765834

Price change
$381,000
-2.06%

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

$160,472
Asking price
$371,000
Closing costs (~8% of asking)
-$29,680
Est. remaining loan balance
-$180,848
Cash to seller
$160,472

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

$180,848

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?

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Status: Pending/Under Contract

Tomo last checked: 04/03/2025 at 4:30 AM

Listing updated: 03/30/2025 at 9:10 PM

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

MLS: CentralPanhandle #765834

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