$405,000
5115 Gulf Drive, 308
Panama City Beach, FL 32408
MLS# 716892
Status: Sold
1 beds  |  2 baths  |  883 sqft


5115 Gulf Drive, 308, Panama City Beach, FL 32408
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Property Description
This is a beautiful Gulf Front Seychelles 1 bedroom 2 full bath + a Bunk room. Great view of the Gulf of Mexico from the 3rd floor. Recently upgraded with new furniture, flooring and décor. This unit can easily accommodate a family plus guest and can sleep up to 6 persons comfortably. Seychelles 1 BD units are very good rental properties. Rental history for 308 is erratic from personal use and the covid closures last year but, they grossed $35,000 in the last year. *All the utilities are paid out of HOA fees including electricity. Located at the east end of Thomas Dr. next door to Schooner's restaurant & bar, walking distance to St. Andrews State park, close to 3 lagoon front Marinas, some of PCB's favorite Restaurants and Golf Courses. This is a great vacation spot!

Details
Maps
Contract Info
Status: Sold
List Date: 2021-09-16
List Price: $405,000
List Price/SqFt: 458.66
Current Price: $395,000
Location
Area: 03 - Bay County - Beach
Street #: 5115
Street Name: Gulf
Street Suffix: Drive
Unit #: 308
State: FL
Zip Code: 32408
County: Bay
Sub Area: 0323 - Beach - South of Grand Lagoon
Subdivision: Seychelles Resort Condominium
Community/Resort: None
Waterfront: Yes
Parcel ID: 31437-400-025
Elementary School: Patronis
Middle School: Surfside
High School: Arnold
Directions: East end of Thomas Dr. on Gulf Drive...next door to Schooners Restaurant.
Legal Description: SEYCHELLES RESORT CONDOMINIUM UNIT 308 TYPE B ORB 2753 P 1936 ORB 3719 P 251 1BR/BUNK/2BA . 883 SQ.FT
General Property Info
Sub-Type: Condominium
Design: High-Rise (8+ floors)
Apx SqFt(Htd/Cooled): 883
SqFt Source: Prop App Site
Bedrooms: 1
Full Baths: 2
Total Baths: 2
Floor Number: 3
# of Units in Bldg: 199
Year Built: 2006
Immediate Occupancy: Yes
Pre-Const Flip: No
Construction Status: Construction Complete
Garage Y/N: Yes
Garage Spaces: 1
Lot Dimensions: 0x0
Beach Frontage: 200
Listing Info, Tax and Legal
Homestead: No
HOA Fee: Yes
HOA Amount: 1207.34
HOA Frequency: Quarterly
HOA Annual Amount: 4829.36
New Buyer Fee: No
Last Taxes: 2197
Last Tax Year: 2020
Brokerage Interest: No Interest
As Is: Yes
Condo Doc: Yes
Status Change Info
Under Contract Date: 2021-09-17
Sold Date: 2021-10-17
Sold Price: 395000
Sold Price/SqFt: 447.34
Property Features
Appliances: Dishwasher; Disposal; Dryer; Range - Electric; Washer; Water Heater - Electric
Full Bathroom: First
Master Bedroom: First
Construction/Siding: Foundation - On Piling; Roof - Built-Up; Siding - Stucco
Cooling: Ceiling Fan(s); Central Air; Electric
Existing Leases: Daily/Weekly
Exterior: Balcony; Dumpster; Hot Tub; Pool; Shower
Fees Include: Accounting; Beach; Dumpster; Electricity; Exercise Room; Ground Keeping; Insurance; Internet Service; Internet-WiFi; Pest Control; Pool; Recreational Faclty; Security; Sewer; Trash Disposal; TV Cable; Water; Other - See Remarks
Financing: Cash; Conventional
Furnished: Furnished - All
Interior Features: Breakfast Bar; Bunk Hallway; Elevator; Floor Tile; Floor Vinyl Plank; Owner's Closet; Window Treatment All
Kitchen: First
Living Room: First
Lot Access: County Road; Paved Road
Mstr Bdrm/Mstr Bath: MBath Shower/Tub Combo; MBath Tile
Master Bathroom: First
Bunk Hall: First
Pool Features: Heated - Electric; Inground
Security Features: Fire Alarm
Parking Features: Garage; Gated
Project Facilities: Beach; Community Pools; Community Room; Dumpster; Elevators; Exercise Room; Picnic Area; Pool; Security-Gate; TV Cable; Waterfront
Rooms: Bunk Hall; Full Bathroom; Kitchen; Living Room; Master Bathroom; Master Bedroom
Sale Type: As Is
Utilities: Electric; Garbage; Pest Control; Public Sewer; Public Water; TV Cable
Waterfront Type: Gulf
Waterview: Gulf
Room Information
Room Name Level Dimensions Length Width Dimensions
Master BedroomFirst12 x 1012.0010.0012 x 10
Master BathroomFirst8 x 68.006.008 x 6
Bunk HallFirst6 x 46.004.006 x 4
Full BathroomFirst8 x 68.006.008 x 6
Living RoomFirst16 x 1316.0013.0016 x 13
KitchenFirst8 x 68.006.008 x 6

Listing Office: Coldwell Banker Carroll Realty

Last Updated: October - 17 - 2021

Information deemed reliable but not guaranteed.