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$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

  • 109 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, offering 100 feet of stunning waterfront views. *NO flood insurance is required!* The home has undergone modern upgrades, including fresh paint, new ceilings, HVAC, fans, and outdoor lighting. Roof was replaced in 2016. Inside, you'll find 4 spacious bedrooms and 3 luxurious baths. The gorgeous kitchen boasts granite countertops and stainless steel appliances, flowing seamlessly into the bright Florida room. The master suite, featuring hardwood floors and a private deck, offers a perfect retreat. Step outside to your private backyard resort, complete with a pool, patio, green space, and a dock

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

$637,320
Asking price
$1,495,000
Closing costs (~8% of asking)
-$119,600
Est. remaining loan balance
-$738,080
Cash to seller
$637,320

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

$738,080

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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Status: Active

Tomo last checked: 10/04/2024 at 10:10 PM

Listing updated: 09/25/2024 at 8:46 AM

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

MLS: EmeraldCoast #952593

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