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$232,000

Beds
1
Baths
1.0
sq ft
1,071

8700 Front Beach Rd Unit 5212, Panama City Beach, FL 32407

8700 Front Beach Rd Unit 5212

Panama City Beach, FL 32407

  • 429 days on market
Great opportunity to own at Island Reserve. This one bedroom unit is located on the second floor and is ready for a new owner. It has one bedroom and a study that is often used as second bedroom/bunk room. Brand new luxury vinyl flooring and paint through out the condo, making it move in ready. The great room has high ceilings and crown molding and is open the dining area and the kitchen. Island Reserve features a clubhouse with indoor basketball court, fitness center, one acre resort style lagoon pool and theater room. This is one of Panama City Beach's BEST hidden treasures. Come experience Island Reserve!! REMEMBER DO NOT WAIT to BUY REAL ESTATE.... BUY REAL ESTATE AND WAIT

Details

Property type

Condominium

Est. home value

$231,087

Lot size

Unknown

Price per sq ft

$217

Year built

2008

Annual property taxes

$465

Monthly HOA fee

$380.33

Price History

06/06/2024
CentralPanhandle

CentralPanhandle #744664

Price change
$232,000
+3.11%
04/10/2024
CentralPanhandle

CentralPanhandle #744664

Price change
$225,000
-3.02%
08/02/2023
CentralPanhandle

CentralPanhandle #744664

Listed
$232,000

Schools & Community

Elementary school: 

Breakfast Point

Middle school: 

Breakfast Point

High school: 

Arnold

Community features: 

Pool, Gated, Clubhouse, Fitness Center, Playground

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Centennial Bank

Loan start date

July 2018

Original loan amount

$49,948

Est. remaining balance

Not provided

Interest rate

3.74%

Loan type

Commercial

Seller

Randle L Faircloth

Lender

Vision Bank

Loan start date

October 2010

Original loan amount

$70,000

Est. remaining balance

Not provided

Interest rate

5%

Loan type

New Conventional, 30 year

Seller

Randle L Faircloth

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: 10/05/2024 at 3:20 AM

Listing updated: 10/04/2024 at 4:19 PM

Listed by: Jeff Payne, Keller Williams Success Realty Phone #: (850) 249-0313

MLS: CentralPanhandle #744664

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