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Panama City Beach, FL 35k Grossing Condo
Panama City Beach, FL 35k Grossing Condo
  • Home
  • Florida

Panama City Beach, FL 35k Grossing Condo

Pending / Sold

$325,000

Property ID :

 RH-19473-property

Bathrooms
1
Garage
1
Year Built
2007
Area
473 sq ft

Features

  • Beachfront
  • Waterfront
  • Waterview

Additional Details

  • HOA Fee: $1,163 quarterly
  • Gross Revenue: $35,000

Description

A rare opportunity to purchase a beachfront PRIME FLOOR studio condo at Shores of Panama, known for it’s tremendous rental income potential. These studios do not come around very often – this one has had the same loving owners for several years and enjoyed a consistent gross rental income of up to $35K over the last several uncertain years, with the easy potential to gross up to $45K in today’s booming rental market! Unit comes with deeded parking space on the same floor.

Listed by:

Ellie Avery 850-896-4629

CENTURY 21 Ryan Realty IncSource: CPAR,MLS#: 723860

Real Estate on Zillow

See more details for 9900 Thomas Dr UNIT 505, Panama City, FL 32408 on Zillow

Facts and features

  • Condominium
  • 0 bedrooms
  • 1 bathroom
  • Built in 2007
  • No data
  • Ceiling fan(s), wall unit(s)
  • 1 Garage space
  • $1,163 quarterly HOA fee
  • $687 price/sqft
Interior details
Bedrooms and bathrooms
  • Bedrooms: 0
  • Bathrooms: 1
  • Full bathrooms: 1
Cooling
  • Cooling features: Ceiling Fan(s), Wall Unit(s)
Appliances
  • Appliances included: Electric Cooktop, Dishwasher, Dryer, Freezer, Ice Maker, Microwave, Electric Oven, Refrigerator, Washer, Electric Water Heater
Other interior features
  • Total structure area: 473
  • Total interior livable area: 473 sqft
Property details
Parking
  • Total spaces: 1
  • Parking features: Assigned, Covered, Garage, Space/Unit
  • Garage spaces: 1
  • Covered spaces: 1
Property
  • Pool features: Indoor, Public, Community
  • Exterior features: Balcony
  • View description: true
  • Waterfront features: Gulf, Beach, Waterfront
  • Has waterview: Yes
  • Waterview: Gulf
Other property information
  • Parcel number: 40000650074
  • Special conditions: As Is
Construction details
Type and style
  • Home type: Condo
  • Property subType: Condominium
Condition
  • Property condition: Construction Complete
  • Year built: 2007
Utilities / Green Energy Details
Utility
  • Sewer information: Community Sewer
  • Water information: Community Water
  • Utilities for property: Garbage, Internet – Broadband Available, Cable Connected
Community and Neighborhood Details
Security
  • Security features: 24 Hour Security, Security Gate, Fire Alarm, Fire Sprinkler System, Gated Community, Gated with Guard, Smoke Detector(s)
Community
  • Community features: BBQ Pit/Grill, Conference Center, Dumpster, Elevators, Fitness Center, Gated, Picnic Area, Pool, TV Cable
Location
  • Region: Panama City
  • Subdivision: Shores Of Panama Phase I
HOA and financial details
HOA
  • Has HOA: Yes
  • HOA fee: $1,163 quarterly
  • Services included: BBQ Pit/Grill, Beach, Conference Center, Dumpster, Exercise Room, Gated Community, Maintenance Grounds, Insurance, Internet-WiFi, Master Association, Picnic Area, Pool, Security, Sewer, Trash, Cable TV, Water
Other financial information
  • Annual tax amount: $1,858
Other
Other facts
  • Listing Terms: Cash,Conventional,FHA,VA Loan

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