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$289,000

Beds
2
Baths
2.5
sq ft
1,325

8700 Front Beach Rd Unit 3302, Panama City Beach, FL 32407

8700 Front Beach Rd Unit 3302

Panama City Beach, FL 32407

  • <1 day on market
THESE PHOTOS ARE NOT OF THE UNIT BUT A SIMILAR UNIT THAT HAS ALREADY SOLD. THERE IS A LONG TERM RENTER THAT WILL BE VACATING NOVEMBER 15TH. VA ASSUMABLE LOAN AT 2.625. Awesome price for a 2 bedroom, 2 1/2 bath in the much sought after gated community of Island Reserve. This condo overlooks a beautifully manicured courtyard with fountains, benches and tropical landscaping. No short term rentals or huge crowds. Drive up to the third floor, condo is right beside the parking lot conveniently located for carrying groceries, etc. Elevators too for quick access to the amenities. Condo offers two master suites, each with access to a comfortable balcony for your morning coffee. Granite counters throughout, SS appliances, under counter lighting, pull out cabinet drawers, vinyl plank flooring and spacious living area. Relax in the acre island style pool with waterfalls. Hot tub, pickle ball, basketball, fitness center, theater room, community room with pool table and activities by the pool throughout the year to get to know your neighbors! Take a look at Island Reserve. You won't regret it! Approx. 1.5 miles from the beautiful sandy beaches. Close to many restaurants and medical facilities. Golf cart friendly. AC 1 YEAR OLD, STOVE, DISHWASHER 2 YRS. OLD, NEWER MICROWAVE, VINYL PLANK FLOORLING 1 YR. OLD, WASHER & DRYER STAYS.

Details

Property type

Condominium

Est. home value

$312,487

Lot size

Unknown

Price per sq ft

$219

Year built

2009

Annual property taxes

$3,211

Monthly HOA fee

$503.4

Price History

10/19/2024
CentralPanhandle

CentralPanhandle #764044

Listed
$289,000
+24.84%
01/29/2021
CentralPanhandle

CentralPanhandle #703759

Sold
$231,500
+29.33%
02/15/2018
CentralPanhandle

CentralPanhandle #666994

Sold
$179,000
+15.48%

Schools & Community

Elementary school: 

Breakfast Point

Middle school: 

Breakfast Point

High school: 

Arnold

Community features: 

Pool, Gated, 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

$47,450
Asking price
$289,000
Closing costs (~8% of asking)
-$23,120
Est. remaining loan balance
-$218,430
Cash to seller
$47,450

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

January 2021

Original loan amount

$238,280

Est. remaining balance

$218,430

Interest rate

2.71%

Loan type

VA, 30 year

Seller

Joseph Raymond Kocurek and Jacqueline Tawni Marz Kocurek

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: Active

Tomo last checked: 10/19/2024 at 7:50 PM

Listing updated: 10/19/2024 at 4:10 PM

Listed by: Diane Tyler, RC Real Estate Group Phone #: (850) 249-6100

MLS: CentralPanhandle #764044

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