OWNER FINANCING NOW OFFERED!!! WITH FULL PRICE OFFER AT 5% INTEREST RATE, AMORTIZED OVER 30 YEARS WITH A 3-YEAR BALLOON PAYMENT DUE. $50K NON-REFUNDABLE DOWN PAYMENT REQUIRED. NO PREPAYMENT PENALTY. BUYER RESPONSIBLE FOR HOA DUES AND PROPERTY TAXES. ESTIMATED MONTHLY PAYMENT OF $1, 207.85 (PRINCIPAL AND INTEREST ONLY) BASED ON A $275K PURCHASE PRICE. CREDITWORTHINESS WILL BE CONSIDERED FOR ANY SELLER-FINANCED DEAL. One of the Lowest Priced 2 Bedroom / 2.5 Bath condos in the Entire Complex!! Act now! This 2-bed, 2.5-bath condo in the coveted Island Reserve offers affordable luxury in a gated community. Currently rented at $1, 850/month on a flexible, month-to-month lease. Enjoy resort-style living just 1.4 miles from Panama City Beach's famous white sands and close to the Hathaway Bridge.
Property Features
Bedrooms
- Bedrooms: 2
- Bedroom 1 Dimensions: 13.0 x 13.0
- Bedroom 2 Dimensions: 13.0 x 11.0
- Bedroom 1 Level: First
- Bedroom 2 Level: First
Other Rooms
- Total Rooms: 4
- Living Room Dimensions: 18.0 x 15.0
- Living Room Level: First
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- 1/2 Bathrooms: 1
Interior Features
- Ceiling Crwn Molding
- Kitchen Island
- Washer/Dryer Hookup
Appliances
- Dishwasher
- Dryer
- Microwave
- Refrigerator W/IceMk
- Stove/Oven Electric
- Washer
Heating and Cooling
- Cooling Features: Ceiling Fan(s), Central Air
- Heating Features: Central
- Heating: Yes
Kitchen and Dining
- Kitchen Dimensions: 14.0 x 9.0
- Kitchen Level: First
Exterior and Lot Features
Pool and Spa
- Pool Features: Community
- Pool Private: Yes
Rental Info
- Existing Lease Type: Month To Month
Homeowners Association
- Association: Yes
- Association Fee: 1736
- Association Fee Frequency: Quarterly
- Association Fee Includes: Accounting, Ground Keeping, Insurance, Management, Security, Sewer, Water, Trash
- Calculated Total Monthly Association Fees: 579
School Information
- Elementary School: Breakfast Point
- High School: Arnold
- Middle School: Breakfast Point
Amenities and Community Features
- BBQ Pit/Grill
- Community Room
- Dumpster
- Elevators
- Exercise Room
- Gated Community
- Minimum Rental Prd
- Pets Allowed
- Picnic Area
- Pool
- Whirlpool
- Facilities: BBQ PitGrill2, Dumpster, Pets Allowed2, Picnic Area, Minimum Rental Prd, Community Room, Gated Community, Short Term Rental - Not Allowed, Elevators, Pool2, Whirlpool, Exercise Room
- Community Features: BBQ Pit/Grill, Community Room, Dumpster, Elevators, Exercise Room, Gated Community, Minimum Rental Prd, Pets Allowed, Picnic Area, Pool, Whirlpool
Other Property Info
- Annual Tax Amount: 3159.739999999
- Source Listing Status: Active
- County: Bay
- Directions: Heading West from Hathaway Bridge, turn right at traffic light on Laurie going into Island Reserve front entrance. From the Laurie Ave entrance, enter gate and go to straight ahead to the parking garage 3rd floor, go down the hallway of Building 6, Top Floor & is about halfway down on your left.
- Tax Year: 2024
- Source Property Type: Residential
- Area: 27 - Bay County
- Property Subtype: condo
- MLS Area Minor: 2720 - Beach - Middle Central
- Source Neighborhood: ISLAND RESERVE
- Parcel Number: 40001-100-219
- Subdivision: ISLAND RESERVE
- Property Subtype: Condominium
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 1325
- Year Built: 2008
- Building Area Source: County PA Records
- Building Area Total: 1325
- Property Age: 17
- Property Condition: Construction Complete
- Building Total Stories: 3
Utilities
- Community Sewer
- Community Water
- Electric
Home Features
- Energy: AC - Central Elect, Heat Cntrl Electric, Ceiling Fans, Water Heater - Elect