tomo logo

$1,495,000

Beds
4
Baths
3.0
sq ft
2,733

8817 N Lagoon Dr, Panama City, FL 32408

8817 N Lagoon Dr

Panama City Beach, FL 32408

  • 144 days on market
    • Price drop $80,500↓
Welcome to your dream waterfront oasis on North Lagoon in Panama City Beach! This beautifully updated, one-story home is a successful short-term rental, fully booked on Airbnb through April, and sold fully furnished! Offering 100 feet of stunning waterfront views, this property requires NO flood insurance! Modern upgrades include fresh paint, new ceilings, HVAC, fans, and outdoor lighting. The roof was replaced in 2016. Inside, you'll discover 4 spacious bedrooms and 3 luxurious baths. The gorgeous kitchen features granite countertops and stainless steel appliances, flowing effortlessly into the bright Florida room. The master suite, with hardwood floors and a private deck, provides a serene retreat.

Details

Property type

Single Family Residence

Est. home value

$964,895

Lot size

0.53 acres

Price per sq ft

$548

Year built

1953

Price History

07/10/2024
EmeraldCoast

EmeraldCoast #952593

Price change
$1,495,000
-5.11%
07/05/2024
EmeraldCoast

EmeraldCoast #952593

Price change
$1,575,500
-0.6%
06/17/2024
EmeraldCoast

EmeraldCoast #952593

Listed
$1,585,000
+63.4%

Schools & Community

Neighborhood: 

Upper Grand Lagoon

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

$638,643
Asking price
$1,495,000
Closing costs (~8% of asking)
-$119,600
Est. remaining loan balance
-$736,757
Cash to seller
$638,643

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

Seller’s Loan History

Lender

The Huntington National Bank

Loan start date

March 2022

Original loan amount

$776,000

Est. remaining balance

$736,757

Interest rate

3.55%

Loan type

New Conventional, 30 year

Seller

Brannon Russell Churchwell

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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22207 Fox Glenn Trce, Panama City Beach, FL 32413

Status: Active

Tomo last checked: 11/08/2024 at 9:20 PM

Listing updated: 10/30/2024 at 10:47 PM

Listed by: Leici B Nunnelley, Leici B Nunnelley, LPT Realty LLC Phone #: (877) 366-2213

MLS: EmeraldCoast #952593

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