This ground unit in Colony Club, located in beautiful Panama City Beach, is truly sought after. With its 1 bedroom and 1 bath, it offers a cozy yet spacious living space. One of its standout features is the enclosed porch, which overlooks the stunning Legacy Golf Course.Not only does this unit boast a prime location, but it also comes with an array of wonderful amenities. The low HOA fees ensure that you can enjoy the pool and clubhouse without breaking the bank. Additionally, the proximity to the golf course allows for easy access to your favorite pastime.Whether you're looking to explore the vibrant Pier Park, take a stroll along the strip, soak up the sun on the beach, or experience the charms of Panama City, this unit is conveniently situated for all your needs.In summary, this Colony Club unit offers a combination of beauty, comfort, and convenience. With its prime location, affordable HOA fees, and fantastic amenities, it presents an excellent opportunity for those seeking a relaxed and enjoyable lifestyle in Panama City Beach.
Property Details
Property Features
Property Information:
Architectural Style: Mid Rise
Year Built: 1972
Living Area: 1,200 SqFt
Listing Office:
Office Name: Xcellence Realty
Interior Features
Interior Information:
Appliances: Electric Cooktop
Flooring Type: Tile
Interior: Fireplace
Fireplace: Electric
Bedroom and Bathroom Information:
Full Bathrooms: 1
Total Bedroom Count: 1
Exterior Features
Exterior Information:
Private Pool: Yes
Exterior: Deck, Pool, Porch, Patio
Parking Information:
Parking: Paved, Parking Lot
Lot Features
Lot Information:
Lot: Cleared, Landscaped, Level, On Golf Course
Utilities
Utilities Information:
Heating: Central, Electric, Fireplace(s)
Cooling: Central Air, Ceiling Fan(s), Electric
School Info
Assigned Schools Information:
J.R. Arnold High School, Public District Grades 9-12
Breakfast Point Academy, Public District Grades PK-8
Other
Directions Information:
Directions: W PCB Pkwy, R on Colony Club @ Legacy Golf Course; Condo straight ahead.
Price Information
Listing Price Info
Price Summary:
List Price: $169,900
Price Per SqFt: $142/SqFt
HOA Fees:
Amount: $327
Frequency: Monthly
Tax Information:
Annual Amount: $1,047
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Panama City Beach, FL.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,242
Per Month
Principal & Interest
$848
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$327
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$576
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Middle School
6
/10
Breakfast Point Academy
601 North Richard Jackson Blvd
Distance between this listing and this school2.12 miles
Public District Grades PK-8
High School
5
/10
J.R. Arnold High School
550 N Alf Coleman Rd
Distance between this listing and this school1.71 miles
Public District Grades 9-12
Nearby Schools
5
/10
Hutchison Beach Elementary School
12900 Hutchison Blvd
Distance between this listing and this school0.64 miles
Public District Grades PK-5
7
/10
Patronis Elementary School
7400 Patronis Dr
Distance between this listing and this school5.34 miles
Public District Grades PK-5
9
/10
University Academy (Sabl, Inc.)
4750 Collegiate Dr
Distance between this listing and this school7.21 miles
Public Charter Grades KG-4
Assigned Schools
6
/10
Breakfast Point Academy
601 North Richard Jackson Blvd
Distance between this listing and this school2.12 miles
Public District Grades PK-8
Nearby Schools
5
/10
Surfside Middle School
300 Nautilus St
Distance between this listing and this school0.62 miles
Public District Grades 6-8
7
/10
North Bay Haven Charter Academy Middle School
1104 Balboa Ave
Distance between this listing and this school10.33 miles
Public Charter Grades 6-8
Assigned Schools
5
/10
J.R. Arnold High School
550 N Alf Coleman Rd
Distance between this listing and this school1.71 miles
Public District Grades 9-12
Nearby Schools
6
/10
Bay Virtual Franchise
1311 Balboa Ave
Distance between this listing and this school10.21 miles
Public District Grades 6-12
5
/10
Newpoint Bay Charter High School
700 W 23rd St Bldg H
Distance between this listing and this school10.27 miles
The neighbors living near this home have an average income of $79,383. Typical income of Panama City Beach, FL residents is between $35k-100k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 112 Fairway Blvd Unit 107
What is the listing price of this property?
The listing price of 112 Fairway Blvd Unit 107 property is $169,900.
What type of property is this?
The property 112 Fairway Blvd Unit 107 is a condo located in Panama City Beach, Florida, 32407.
Is this property for sale now?
Active Listing: 112 Fairway Blvd Unit 107 is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 112 Fairway Blvd Unit 107 are: Breakfast Point Academy: GreatSchools Rating 6/10J.R. Arnold High School: GreatSchools Rating 5/10
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $1,047 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on May 24, 2021 for $127,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 112 Fairway Blvd Unit 107 has 1 bedroom and 1 bathroom.
What is the square footage of this property?
The property 112 Fairway Blvd Unit 107 is 1,200 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 112 Fairway Blvd Unit 107 is 1972.
This home is located at 112 Fairway Blvd Unit 107 in Panama City Beach, FL and zip code 32407. This 1,200 square foot home was built in 1972. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since February 06, 2024 and is currently priced at $169,900.
Over 9 listings were sold over their listed price in April 2024 in Panama City Beach, FL. In the same period over 135 listings were sold below the listed price and 16 listings were sold for the listed price. The number of homes for sale in Panama City Beach, FL increased by 4.6% between March 2024 and April 2024. In April 2024 median list price was $477,347 and the average listing age was 83 days.
From Rocket Homes Real Estate and based on county public records data.