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$320,000

Beds
1
Baths
1.5
sq ft
1,200

9042 Abba Ln, Panama City Beach, FL 32407

9042 Abba Ln

Panama City Beach, FL 32407

  • <1 day on market
Experience coastal living at its finest, just minutes from the pristine shores of Panama City Beach! This stunning property is a true beach lover's dream, featuring a beautiful private pool and a spacious pool deck that invites you to relax and soak up the sun.Located in a HOA-free area, this property is a golden investment opportunity with rental projections that are sure to ignite fierce competition among savvy investors and traditional buyers alike. The bonus room provides fantastic flexibility, easily convertible into an additional bedroom to make it a 2 bed 1.5 bath home with a simple closet addition. Alternatively, perhaps making a larger primary bedroom better fits your vision, or just leave it be with its current use! This incredible, well maintained property is massively upgraded, can come fully furnished, and comfortably sleeps 8 people! Looking to maximize your rental potential with the addition of an additional dwelling unit (ADU)? Well, you are in luck as there is plenty of space to add one. Fully loaded with everything you could possibly want in a home or rental property. With plenty of lounging options, wether you are looking for a comfortable working area, a quiet outdoor area to read a book, or if you and your family want to go bananas in the pool, the options are plentiful. With additional storage in the backyard shed, you can store your rental items, stash your yard maintenance essentials, or hold plenty of your garden necessities for your own personal gardening areas. Don't let the chance to own a prime piece of beach property slip away.. where sun, sand, and investment potential collide. This is the perfect choice for those looking to capitalize on the thriving rental market of Panama City Beach, or to enjoy the PCB lifestyle without the hassle of dealing with the HOA fees in the surrounding area. Whether you're looking to invest in the future of your family, or find your personal dream getaway, this property is the obvious choice for those seeking the best of Panama City Beach while avoiding pesky HOA's.

Details

Property type

Single Family Residence

Est. home value

$319,684

Lot size

9,583 sq ft

Price per sq ft

$267

Year built

2006

Annual property taxes

$2,788

HOA

No

Price History

04/03/2025
CentralPanhandle

CentralPanhandle #771423

Listed
$320,000
09/26/2023
CentralPanhandle

CentralPanhandle #745227

Sold
$320,000
+18.52%
11/29/2021
CentralPanhandle

CentralPanhandle #717417

Sold
$270,000
+68.75%

Schools & Community

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

$5,940
Asking price
$320,000
Closing costs (~8% of asking)
-$25,600
Est. remaining loan balance
-$288,460
Cash to seller
$5,940

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

Seller’s Loan History

Lender

Capital City Home Loans Llc

Loan start date

September 2023

Original loan amount

$293,040

Est. remaining balance

$288,460

Interest rate

6.96%

Loan type

FHA, 30 year

Seller

Cherie L Franz

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: 04/04/2025 at 1:55 PM

Listing updated: 04/03/2025 at 5:50 PM

Listed by: Christian R Chupp LLC, Keller Williams Success Realty Phone #: (850) 249-0313

MLS: CentralPanhandle #771423

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