520 N Richard Jackson Boulevard, 2209, Panama City Beach, FL 32407 (MLS# 771602)

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Property Description
Sellers are motivated and all offers are welcome! Investors dream! This turn-key townhome is being sold fully-furnished (all furniture, appliances, electronics, and cookware). The only items that will not convey are the personal items found in the locked owner's closets. Only 1/3 mile from the beautiful emerald green waters and white sugar sands of the Emerald Coast, this luxurious townhome is the perfect place to offer you that serene escape for you and your guests. Located in the prestigious Edgewater Beach and Golf Resort, this 2nd floor Golf Villa is nestled right on the canal where you can enjoy your waterfront views from the comfort of your living room or master suite bedroom with master ensuite. Relax on your covered patio as you have that beautiful waterfront view with accessibility from both your living room and master suite bedroom. Here you can sit and watch the turtles swim below and enjoy the tranquil sounds and calm of the water fountain positioned perfectly just outside your door.
 
 This beautiful Villa is located on the golf course side of the resort. Whether you're considering enjoying this gem all to yourself or using it as an income-producing luxury vacation rental, the possibilities are endless. This 853 square-foot home boasts one bedroom and two full bathrooms. As you walk in your front door, you immediately see your waterfront views from your living room, with your kitchen to your right. The stackable washer/dryer convey with the property. You have an elegant breakfast bar to enjoy a rich cup of coffee for that early morning as you plan your day. What to do? The adventures are endless - lounge by one of the many heated pools, soak in the hot tub, work out at the fitness center, enjoy the beach for the day, play pickleball with your new friends, so many options!

This interior has been freshly painted this year with coastal blues and hues of calm blues, whites and creams.

 Projected GRI is right around $16-22k. The sellers have used this as an STR but have also enjoyed it themselves throughout the year so they have not aggressively rented it out due to their personal usage. However, with that said, they still had about $14,696 in GRI for 2024 with June ($4518) and July ($3363) being their top months.

HOA fees are $940/monthly and include the following services and amenities - Clubhouse access, pools (10 of the 11 are heated and 2 are gulf-front) & 4 hot tubs, unlimited golf and tennis (owners), Executive par 3 golf course, pro shop, fitness center, 10 shuffleboards, 5 pickleball courts, kids splash pad, owners receive 20% off at resort restaurants, Ground Maintenance, seasonal tram that picks up/drops off near beach, Insurance, Association management, Legal & Accounting, pest control, 24-hour security, gate security, trash, water & sewer, cable and WIFI. Edgewater Resort, a fully serviced, gated community with 24-hour security, an array of unmatched amenities. Indulge in 12 swimming pools, including the renowned lagoon pool, a 9-hole executive golf course, a tennis club with 6 courts and a pro shop, a state-of-the-art fitness center, a relaxing spa, and multiple dining options. This is more than just a home; it's an entry into a lifestyle of luxury, relaxation, and endless fun.