1130 Loftin Street, Panama City, 32404

NEWResidential - Detached Single Family For Sale in Horne Memory Plat

$384,000

5Beds
3Baths
2,916Sqft
.76Acres
1950Built
6DOM
MLS® #: 677448
Active, 6 Days on Market

100% financing available for Hurricane Michael disaster victims (rental or owner) via 203h loan. No HOA, no flood insurance required. Comes furnished.Bay County Historians nicknamed this home the ''Hurricane Home'' because it has been used as a safe haven for decades from hurricanes including Opal and Michael.This home has been the entertainment home for families from around the U.S. and has been a wedding venue for many newlyweds.This absolutely spectacular waterfront home boasts 110 waterfront feet, a salt-water / commercial grade infinity pool, and 2 Bedroom / 1 Bathroom apartment that can be utilized as a rental investment property.The main home consists of 2295 square feet of living space with absolutely stunning floor to ceiling windows. The first floor is massive with an oversized foyer for entertaining, there is also a laundry and storage area with additional square footage necessary for a second kitchen. In addition, the first floor has a large living and family room area for additional sleeping, a large bathroom, a full bath, and absolutely breathtaking views of the bay. The second floor is world-class and almost every square inch of the walls and ceilings are covered with hand-milled Cypress and Juniper from Apalachicola. The kitchen on the second floor has ample room for cabinets and looks right out to a spacious living room and eat-in dining area. A huge wooden deck surrounded by oak trees overlooks the bay with views as far as the eye can see. Enjoy sunrises and sunsets from your deck and look directly into the infinity pool. Located on over three quarters of an acre, and right on the water, no HOA, and sleeping arrangements for 18+ people, this one-of-a-kind showstopper of a property is waiting for the perfect buyer. This is an unbeatable deal for a family or an investor looking to maximize rental potential. With 100% financing, and unlimited upside growth potential for waterfront properties (which are few), this gem of a home will not last long. Schedule your showing today!

Essential Information

MLS® #: 677448
Price: $384,000
Bedrooms: 5
Bathrooms: 3.00
Full Baths: 3
Square Footage: 2,916
Acres: 0.76
Year Built: 1950
Type: Residential
Sub-Type: Detached Single Family
Style: Rustic
Status: Active
Listing Office: Keller Williams Realty

Community Information

Address: 1130 Loftin Street
Area: 02 - Bay County - Central
Subdivision: Horne Memory Plat
City: Panama City
County: Bay
State: FL
Zip Code: 32404

Amenities

Utilities: Public Sewer, Public Water
Is Waterfront: Yes
Waterfront: Bay

Interior

Interior: Bath - Full, Bedroom - Additional, Bedroom - Master, Kitchen, Laundry Room, Living Room, Dining/Living Combo, Foyer, Deck/Patio
Appliances: Dishwasher, Refrigerator, Stove/Oven Electric, Dryer, Washer
# of Stories: 2

School Information

Elementary: Parker
Middle: Everitt
High: Rutherford

Additional Information

Date Listed: November 7th, 2018
Days on Market: 6
Zoning: Resid Single Family
HOA Fees: 0.00

Listing Details

Listing Office: Keller Williams Realty

Financials

$/SqFt: $132

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DISCLAIMER: IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Source: Bay County Association Of REALTORS® Multiple Listing Service

DISCLAIMER: Information Deemed Reliable but not guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright2018, All rights reserved.

Listing information last updated on November 13th, 2018 at 1:15am CST.