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$659,500

Beds
2
Baths
2.0
sq ft
1,310

8715 Surf Dr Unit 1006, Panama City, FL 32408

8715 Surf Dr Unit 1006

Panama City Beach, FL 32408

  • 511 days on market
    • Price drop $15,400↓
** JUST REDUCED! ** Priced to sell!Do not miss out on this opportunity!Experience Unparalleled Gulf-Front Luxury on the 10th Floor! This beautiful two-bedroom, two-bathroom + bunk condo awaits your discovery within the prestigious Gulf Crest community. A true masterpiece in the real estate landscape, this amazing unit offers awe-inspiring views of the Gulf's Emerald Waters.Key Features:Open and Spacious Design: Step inside to discover an elegant and roomy layout that beckons with sweeping Gulf views. Revel in the abundant natural light that bathes the living spaces, creating an inviting ambiance.Expansive Balcony: Immerse yourself in the mesmerizing sunsets from your generously sized private balcony on the 10th floor. This outdoor sanctuary is the perfect setting for relaxation, entertainment, and the creation of lasting memories.Resort-Style Amenities: Gulf Crest offers a gated, Gulf-front lifestyle complete with covered parking, three high-speed elevators, two outdoor pools, two hot tubs, and a kiddie pool. Enjoy the convenience of a Tiki Bar, poolside wireless internet access, a gazebo, grilling areas, fitness center, and a game room. Parking is a breeze with the dedicated, covered, first-floor parking space featuring an electronic barrier.Direct Beach Access: Easily transition from your haven to the pristine beach, thanks to direct access. Embrace the quintessential coastal lifestyle with your toes in the sand and the Gulf at your doorstep.Easy Maintenance: Enjoy the convenience of tile throughout the condo, making cleanup a breeze after a fun and sandy day at the beach.Whether you're in search of a luxurious primary residence, a second home, or an investment property for vacation rentals, this condo caters to your every need. Don't miss the opportunity to own a piece of Gulf Crest's captivating beauty and unparalleled comfort.

Details

Property type

Condominium

Est. home value

$700,183

Lot size

Unknown

Price per sq ft

$504

Year built

2004

Annual property taxes

$5,304

Monthly HOA fee

$965.4

Price History

02/06/2025
CentralPanhandle

CentralPanhandle #747313

Price change
$659,500
-2.28%
09/30/2024
CentralPanhandle

CentralPanhandle #747313

Price change
$674,900
-0.75%
06/30/2024
CentralPanhandle

CentralPanhandle #747313

Price change
$680,000
-3.48%

Schools & Community

Elementary school: 

Breakfast Point

Middle school: 

Breakfast Point

High school: 

Arnold

Community features: 

Pool, Gated, 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

$330,970
Asking price
$659,500
Closing costs (~8% of asking)
-$52,760
Est. remaining loan balance
-$275,770
Cash to seller
$330,970

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

Seller’s Loan History

Lender

Loandepot.Com Llc

Loan start date

May 2016

Original loan amount

$340,000

Est. remaining balance

$275,770

Interest rate

3.58%

Loan type

New Conventional, 30 year

Seller

Earl C Arrowood and Tatumn E Arrowood

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: Active

Tomo last checked: 02/23/2025 at 9:25 AM

Listing updated: 02/10/2025 at 10:20 AM

Listed by: Courtney V Harris, CENTURY 21 AllPoints Realty Phone #: (850) 230-4514

MLS: CentralPanhandle #747313

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