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$750,000

Beds
3
Baths
3.0
sq ft
1,478

99 Gulf Loop, Panama City, FL 32408

99 Gulf Loop

Panama City Beach, FL 32408

  • 90 days on market
Welcome to 99 Gulf Loop, a stunning 3-bedroom, 3-bathroom coastal retreat located in the highly sought-after gated community of Venture Out in Panama City Beach. This expansive home, one of the largest within the resort, is perfectly situated on a prime corner lot, offering both space and privacy--a true rare find! With impressive rental potential, this property is not only a beautiful residence but also an exceptional investment opportunity.Designed with wheelchair accessibility in mind, this home ensures comfort and convenience for all guests. As you step inside, you'll be greeted by a spacious and beautifully furnished living room complete with a cozy fireplace, perfect for relaxing after a day at the beach. The large dining area seamlessly flows into the well-appointed kitchen, making it ideal for entertaining. The kitchen features solid surface countertops, stainless steel appliances, and ample cabinet space. You'll also appreciate the convenience of a dedicated laundry room, equipped with a washer, dryer, and a wash tub, as well as a fantastic pantry for extra storage.The charm of this home extends outdoors with a lovely covered front porch, outfitted with Adirondack chairs, offering the perfect spot to unwind and enjoy the warm Florida evenings. From here, you can take in beautiful beach views that enhance the coastal living experience. The property also offers multiple parking spaces for three or more vehicles, adding to its convenience. This home is being sold fully furnished, including a golf cart, making it completely turnkey and ready for you to move in or start renting out immediately.Venture Out is a golf cart-friendly community, enhancing the convenience and fun of getting around the neighborhood. Located super close to the front of the resort, you'll enjoy quick access to the private beach and the large beachside pool.Beyond the comfort and beauty of this home, Venture Out offers a wide array of amenities that make it a standout on the Gulf Coast. Enjoy direct beachfront access, two sparkling pools, tennis and basketball courts, pickleball, an 18-hole mini-golf course, and a fishing pier on the bay. The community also includes a boat ramp and docking facilities, shuffleboard courts, a children's playground, and a clubhouse for social events. With 24-hour gated security, on-site laundry facilities, and golf cart rentals, Venture Out provides everything you need for a relaxed, fun-filled lifestyle.This home is perfectly located close to shopping, restaurants, and local entertainment, making it an ideal primary residence, vacation home, or investment property. With strong rental projections and 10% financing available for secondary property investment, this is an opportunity you won't want to miss.

Details

Property type

Single Family Residence

Lot size

3,250 sq ft

Price per sq ft

$508

Year built

2005

Annual property taxes

$5,994

Monthly HOA fee

$286

Price History

08/20/2024
CentralPanhandle

CentralPanhandle #761602

Listed
$750,000
+13.81%
05/15/2024
CentralPanhandle

CentralPanhandle #752605

Removed
$659,000
03/08/2024
CentralPanhandle

CentralPanhandle #752605

Price change
$659,000
-2.37%

Schools & Community

Neighborhood: 

Lower Grand Lagoon

Elementary school: 

Patronis

Middle school: 

Surfside

High school: 

Arnold

Community features: 

Pool, Gated, Fishing, Golf, Playground, Park

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Summit Bank Na

Loan start date

October 2017

Original loan amount

$200,000

Est. remaining balance

Not provided

Interest rate

3.17%

Loan type

Commercial

Seller

Sakhsarna Investments A Florida Genreral

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: 11/19/2024 at 9:35 AM

Listing updated: 10/08/2024 at 7:28 PM

Listed by: Paul D Gibney, Corcoran Reverie Phone #: (850) 231-5030

MLS: CentralPanhandle #761602

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