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$402,192Estimated home value

Beds
3
Baths
3.5
sq ft
2,187

8700 Front Beach Rd Unit 9101, Panama City Beach, FL 32407

8700 Front Beach Rd Unit 9101

Panama City Beach, FL 32407

  • Off market
Discover your place near the beach at Island Reserve #9101! This is a secure, gated community that has after-dark security and maintains a peaceful atmosphere. Of course, Island Reserve is known for its impressive amenities: exercise room, an indoor basketball court with pingpong, a community room with pool and card tables, a theater, a sprawling lagoon pool with two waterfalls, a splash pad, a jacuzzi, and abundant green space. This beautiful, end-unit layout ensures privacy and comfort across its three spacious bedrooms, each featuring a full bath. Enjoy ample storage, including a walk-in pantry, a wet bar, raised ceilings, and the added bonus of a corner lot with enhanced privacy and a wrap-around porch. Recent enhancements include upgrades including a reverse osmosis water system, glass sliding shower door, and updated fixtures.

Details

Property type

Townhouse

Est. home value

$402,192

Lot size

Unknown

Price per sq ft

$165

Year built

2016

Annual property taxes

$3,755

Monthly HOA fee

$1,278.72

Price History

10/04/2024
CentralPanhandle

CentralPanhandle #751421

Removed
$360,000
01/17/2024
CentralPanhandle

CentralPanhandle #751421

Listed
$360,000
+12.5%
11/22/2021
CentralPanhandle

CentralPanhandle #715876

Sold
$320,000
+39.13%

Schools & Community

Elementary school: 

Breakfast Point

Middle school: 

Breakfast Point

High school: 

Arnold

Community features: 

Pool, Clubhouse, Fitness Center, Gated

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

$107,932
Asking price
$360,000
Closing costs (~8% of asking)
-$28,800
Est. remaining loan balance
-$223,268
Cash to seller
$107,932

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

Seller’s Loan History

Lender

Walton Funding Llc

Loan start date

November 2021

Original loan amount

$237,750

Est. remaining balance

$223,268

Interest rate

2.99%

Loan type

New Conventional, 30 year

Seller

Paul E Cohlmia and Heather Dawn Cohlmia

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: Off Market

Tomo last checked: 10/05/2024 at 5:20 AM

Listing updated: 09/25/2024 at 11:19 PM

Listed by: Eric J Leitten, Real Broker LLC Phone #: (855) 450-0442

MLS: CentralPanhandle #751421

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