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$219,900

Beds
1
Baths
1.0
sq ft
1,071

8700 Front Beach Rd Unit 3206, Panama City Beach, FL 32407

8700 Front Beach Rd Unit 3206

Panama City Beach, FL 32407

  • Pending
    • Price drop $5,000↓
This is the highly sought after, 1-bedroom 1-bath unit with great views of the courtyard and pool that is move in ready and immaculate! 10-foot ceilings, crown moldings, garden tub, bamboo flooring and carpeting. The kitchen includes stainless steel appliances, granite countertops, decorative stone back splash and solid wood cabinets. The den can easily be used as a guest room or study and the open floor plan makes it very spacious. Perfect as your beach-town residence, second home or long-term rental property. Convenient to everything: the beach, town and Destin. Within the gated community is five-star resort living: a beautiful, one-acre resort-style pool with waterfalls, interactive fountain and a relaxing hot tub.Amenities include a fitness center, indoor basketball/volleyball/aerobic court, billiard table and game room, and media center with 100'' theater screen.

Details

Property type

Condominium

Est. home value

$254,798

Lot size

Unknown

Price per sq ft

$206

Year built

2009

Annual property taxes

$1,525

Monthly HOA fee

$408

Price History

09/14/2024
CentralPanhandle

CentralPanhandle #758365

Pending
$219,900
08/30/2024
CentralPanhandle

CentralPanhandle #758365

Price change
$219,900
-2.22%
07/18/2024
CentralPanhandle

CentralPanhandle #758365

Price change
$224,900
-4.26%

Schools & Community

Elementary school: 

Breakfast Point

Middle school: 

Breakfast Point

High school: 

Arnold

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

$47,683
Asking price
$219,900
Closing costs (~8% of asking)
-$17,592
Est. remaining loan balance
-$154,625
Cash to seller
$47,683

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

Seller’s Loan History

Lender

Bank Of England

Loan start date

October 2020

Original loan amount

$169,100

Est. remaining balance

$154,625

Interest rate

2.99%

Loan type

New Conventional, 30 year

Seller

Chad E Spencer

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?

Status: Pending/Under Contract

Tomo last checked: 10/04/2024 at 11:30 PM

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

Listed by: Joey A Virga, Virga Realty Inc Phone #: (850) 258-4903

MLS: CentralPanhandle #758365

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