Panama City Beach, FL 35k Grossing Condo

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

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