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Panama City Beach, FL

Foreclosure/REO in Colony Club, Panama City Beach, Florida

Lynn Boyd Realtor® Your Panama City Florida RE Specialist: Real Estate Agent in Panama City, FL

Foreclosures and bank-owned properties are on the minds of most every buyer looking for "a deal." Here's one in a golf course community; Colony Club in Panama City Beach, Florida. It's located just minutes from Pier Park, it's adjacent to Holiday Golf Course and it's a highly desirable Paul Sims Constructed home. At less than $121.00 per square foot, this foreclosure is priced less than any other similar quality home that has sold in Colony Club since 2003!

At $243,000, talk about a deal!!

Foreclosure Colony Club

Residential - DSF .
MLS#: 402494 OfficeFile#: ListPrice: $243,000
Status: Active Last Change: 02/05/2010 ApproxSF: 2,021
Address: 203 MOONLIGHT BAY DR $/Sqft: $120.24
PANAMA CITY BEACH, FL TotalRooms: Bedrooms:3
Zip: 32407 Baths Full/Half: 2/0
Con Docs: Ownership/Sale Type: As Is, REO/Foreclosed
MainArea: 03 BB-Bay County-Beach Stories: 1
SubArea: 0307 - Beach E of Hwy 79 YearBuilt: 1999
Subdiv: COLONY SUBD PHASE 2 OccStat: Occupied
ParcelID: 32736-032-000 ImmOcc?
ConstrStat: ConstrCmplt
ElemSch: Hutchison Beach Middle: Surfside High: Arnold
Dir: West on Hwy 98 from Hathaway Bridge, turn right into Holiday Golf, left on Fairway, left on Moonlight Bay Drive.
Lot: Blk: Sctn: Twnshp: Rng:
Legal: Colony Club Harbour Phase 2 Lot 10 Map 37A ORB 1892 P 1934 BLK B


Location, Location, Location!! This 3 bedroom, 2 bath home is located in the popular Colony Club subdivision, close to the Worlds Most Beautiful Beaches, Pier Park and the Holiday golf course. All 3 bedrooms are quite large, the master has a sitting area also. Other interior features include a fireplace and large dining room. The exterior boasts a screened in pool area and large back yard. Call today, this one wont last long


PrkingSpc: 2 LotSize: 100X151 LotAcc: Paved Road, City Road WatFrnt:
PrkingTyp: GARAGE Acres: 0 Zoning: WatView:
PrkingFeat: RV, Garage RFFeet: WFFeet:
ProjFacil: LotFeat: Level


Room Type Lvl Dimnsns
Bedrm:Master 1 14X17 Design: Traditional
Bedrm:Additnl 1 11X15
Bedrm:Additnl 1 11X12 Const/Siding: FndationSlabOnGrade, Roof Shingle/Shake, Siding Brick All, Siding Vinyl
GreatRoom 1 16X20
DiningRoom 1 11X12 ExtFeatures: Patio Covered, Pool In-Ground, Sprinkler System
Kitchen 1 10X11
Breakfast 1 10X11 IntFeatures: Breakfast Bar, Built-In Bookcases, Ceiling:Cathedral, Ceiling:CrownMolding, CeilingTrayed/Coffered, Fireplace, Floor:Tile Ceramic, Floor:W/W Carpet, Pull Down Stairs, Washer/DryerHookup, WindowTreatmentSome
Laundry 1 5X8
Bath: Master 1 7X9 Appliances:
Bath: Full 1 5X9
Utilities: Electric, Public Water, Cable TV, Public Sewer: On Site, Phone
Energy: A/C: Central Electric, Ceiling Fan(s), GoodCents/BlueRibbn, Heat: Central Electric, Water Heater: Electric
Mbed/Mbath:


TaxYr: Taxes: Hmstd: SaleSubjtoLease:
LandLease/Year: MonthlyRent: AssmMrtTyp:
AssocFee: $0 None LeaseExpDate: Financing: Conventional, FHA, VA, Cash, FMHA-USDARuralDev
NewBuyerFee: ExistLeases: SpecListProv:
Assoc.FeesInclude:


--Information deemed reliable but not guaranteed--Copyright: 2010 by the Bay County Association of REALTORS®
Prepared by Lynn Boyd of KELLER WILLIAMS SUCCESS REALTY


Lynn is a licensed Realtor in Florida and Georgia.

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Panama City Beach, FL $ 78,900.00 Seaclusion Beach Residential lot 65x102 Close to Bid-A-Wee dedicated beach

Todd Sabatini: Real Estate Agent in Panama City Beach, FL

This lot is one of a few remaining in the desirable Seaclusion Beach subdivision. Bid-a-wee dedicated beach is just a short distance from the home site. Bring your plans and become a new resident. Close to golf, fishing, shopping and the new Pier Park. Easy access from front and back beach road. All sizes are approx please verify independently.

NORTHWEST FLORIDA BEACHES INTERNATIONAL AIRPORT www.newpcairport.com

Front view look in west at lot.

View of lot just past the Sago palms.

Another street view showing the neighborhood.

Can you get a PANAMA CITY BEACH condo financed right now?

01-22-10
Mia Pankey
Mia Pankey: Real Estate Agent in Panama City, FL

Hello all...

I had a very good question asked from one of my customers the other day, and thought it would make for good public knowledge...

We just had a closing at one of our High Pointe (Hwy 30A) units fall through due to financing. We were told that "hotel-like" properties are difficult to finance. Have you had any experience with this sort of situation?

The answer is....

YES, that is absolutely true. If your complex offers on site rental mgmnt, or short term (nightly) fees...it is now classified as a "Condotel" through a lender's eyes!
This has been a big problem in this area, because the only terms you can get on these type units right now have higher rates and require 20-30% down...Also, it is almost impossible to get a FIXED rate on these making it even less attractive for buyers. I believe this is one of the main reasons that the condo market is so saturated! It almost takes a cash buyer...
There are only a handful of developments in PCB that qualify as NON-Condotels...and I mean like 3!! They all do not offer short term stay options and do not have rental mgmnt companies. They are more like residences...

Hope this answers some of your questions regarding this very relevant issue in our area. For more info and answers visit www.freepanamacityhomesearch.com

Sunny Future for Panama City Beach, Florida

Todd Sabatini: Real Estate Agent in Panama City Beach, FL

Panama City Beach, Florida

Friday Photo: Remember the warm, sunny beaches of Northwest FL!

Jan Evett Panama City Beach, FL: Real Estate Agent in Panama City Beach, FL

Remember how good it feels to swim in the warm waters of the Gulf of Mexico... soaking up the sunshine on the sparkling white sandy beaches of Panama City Beach, FL? It can't stay freezing cold forever! Spring will be here soon ... come to "The World's Most Beautiful Beaches."

panama city beach fl