$148,000
SOLD DEC 27, 2012

12908 Front Beach Rd Unit 4 Panama City Beach, FL 32407

3 Beds
3.5 Baths
1,730 Sq Ft
$269/mo HOA Fee

Recently Sold

$86 Per Sq Ft

36% Below List Price

224 Days on Market

Highlights

  • In Ground Pool
  • Gulf View
  • Central Air
  • J.R. Arnold High School Rated A-
  • Balcony
  • Dining Room

About This Home

As of December 2012

WOW!!!! THEY JUST DROPPED THE PRICE AGAIN. This is a Wonderful 3Br/3.5Ba Townhome/Condo with a Gulf View, directly across from a Public Beach Access, at a GREAT PRICE. It offers covered parking for two vehicles and the possibility of a Lockout. This is a spacious unit with two balconies that have Gulf Views and Storage. There is an Association that cover Pool and Grounds Maintance as well as Structure Insurance. This is a LENDER APPROVED SHORT SALE. The Seller/Owner is a Licensed Florida Realtor. Call for an appointment.

Last Agent to Sell the Property

James Murphy

RE/MAX Southern Realty Listed on: 01/19/2012

Last Buyer's Agent

James Murphy

Seacrest Beach Realty Inc

Seacrest Beach Realty Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,691

Year Built

  • Built in 2006

HOA Fees

  • $269 Monthly HOA Fees

Parking

  • Carport

Home Design

  • Frame Construction

Interior Spaces

  • 1,730 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Dining Room
  • Gulf Views

Kitchen

  • Cooktop with Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Home Security

Outdoor Features

  • In Ground Pool
  • Balcony

Schools

  • Hutchison Beach Elementary School
  • Surfside Middle School
  • Arnold High School

Utilities

  • Central Air

Community Details

Overview

  • Association fees include pool(s)
  • Low-Rise Condominium
  • Bahama Beach Villas Subdivision

Recreation

  • Community Pool

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,691

Year Built

Built in 2006

Lot Details

0

HOA Fees

$269 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2006
  • Property Sub Type: Condominium
  • Lot Size: 00
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: Bahama Beach Villas
  • Architectural Style: Low Rise
  • Carport Y N: Yes
  • Unit Levels: Three Or More
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Condominium
  • Special Features: 12

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Microwave, Refrigerator, Range Hood
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 1730.0
  • Dining Room Type: Bedroom, Dining Room, Full Bath, Half Bath, Primary Bedroom
  • ResoLivingAreaSource: Owner

Exterior Features

  • Pool Features: In Ground, Community
  • View: Gulf
  • View: Yes
  • Construction Type: Frame
  • Exterior Features: Balcony
  • Patio And Porch Features: Balcony

Garage/Parking

  • Parking Features: Carport
  • Carport Spaces: 2.0

Utilities

  • Utilities: Cable Connected, Electricity Connected, Phone Connected, Sewer Connected
  • Security Features: Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes

Condo/Co-op/Association

  • Association Fee: 269.0
  • Community Features: Other, Pool, See Remarks
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Pool(s)

Schools

  • Middle Or Junior School: Surfside

Lot Info

  • Zoning Description: Resid Multi-Family

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2011

MLS Schools

  • Elementary School: Hutchison Beach
  • High School: Arnold

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 11, 2022
Sold by
Nadir Panjwani
Bought by
12908 Emerald Realestate Llc
Total Days on Market
224

Purchase Details

Listed on
Jan 19, 2012
Closed on
Dec 27, 2012
Sold by
Pekrul Ronald R
Bought by
Panjwani Nadir
Seller's Agent
James Murphy
RE/MAX Southern Realty
Buyer's Agent
James Murphy
Seacrest Beach Realty Inc
List Price
$230,000
Sold Price
$148,000
Premium/Discount to List
-$82,000
-35.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.76%

Purchase Details

Closed on
Jan 18, 2007
Sold by
Bahama Beach Villas Llc
Bought by
Pekrul Ronald R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
8.5%
Mortgage Type
Negative Amortization
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Adam L Hood Pa
Warranty Deed $148,000 Diamond Title Agency Inc
Warranty Deed $550,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $385,000 Negative Amortization
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/20/2025 02/20/25 For Sale $599,000 +304.7% $345 / Sq Ft
06/20/2022 06/20/22 Off Market $148,000 -- --
12/27/2012 12/27/12 Sold $148,000 -35.7% $86 / Sq Ft
08/30/2012 08/30/12 Pending -- -- --
01/19/2012 01/19/12 For Sale $230,000 -- $133 / Sq Ft
Source: Central Panhandle Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,691 $361,250 -- $361,250
2023 $4,691 $361,250 $0 $361,250
2022 $3,974 $295,412 $0 $0
2021 $3,647 $268,556 $0 $0
2020 $3,485 $306,000 $0 $306,000
2019 $3,224 $306,000 $0 $306,000
2018 $2,676 $201,770 $0 $0
2017 $2,115 $183,427 $0 $0
2016 $1,942 $166,752 $0 $0
2015 $1,865 $155,125 $0 $0
2014 $1,820 $151,555 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 503058

Central Panhandle Association of REALTORS®

APN: 34417-200-004