$225,000
Panama City, FL 32408
MLS# 779883
1 baths | 489 sqft
1 / 21
Property Description
Affordable Beachfront Escape with Excellent ROI Discover your slice of paradise with this charming beachfront studio condo, perfectly designed to sleep 4 comfortably and deliver a strong ROI of around $35,000 annually. Located in a low-density, friendly complex, this unit offers a peaceful and relaxing atmosphere that's becoming harder to find. Step outside and you're just steps from the sugar-white sands and sparkling Gulf waters — it doesn't get more convenient than this. Highlights You'll Love: Strong rental history — excellent ROI potential Beachfront building with affordable HOA fees Resort-style amenities including pool, outside yard games & more Centrally located near golf, shopping & local dining hot spots Exciting update: Tootsie's Orchid Lounge is opening just a few doors down! Whether you're looking for an affordable beach getaway, a savvy investment, or both — this unit checks all the boxes. Enjoy easy ownership, a friendly community vibe, and endless fun at the beach.
Details
Maps
Contract Info
Status: Active
List Date: 2025-10-02
List Price: $225,000
List Price/SqFt: 460.12
Current Price: $225,000
Location
Area: 03 - Bay County - Beach
Street #: 8817
Street Direction: S
Street Name: Thomas
Street Suffix: Drive
Unit #: A618
State: FL
Zip Code: 32408
County: Bay
Sub Area: 0323 - Beach - South of Grand Lagoon
Subdivision: Top Of The Gulf Condo.
Community/Resort: None
Waterfront: Yes
Gulf Access: No
Parcel ID: 34994-243-000
Elementary School: Breakfast Point
Middle School: Breakfast Point
High School: Arnold
Directions: head west om Thomas Dr from Joan Ave turn left at light on to S Thomas then immediately to left behind Alvins island
Legal Description: TOP OF THE GULF CONDO UNIT A-618 ORB 1734 P 136 ORB 2198 P 1024 EFF 1B 489 H&C ORB 2889 P 54 ORB 2825 P 2032 . ORB 4391 P 1541
General Property Info
Sub-Type: Condominium
Floor Number: 6
Design: Mid-Rise (4-7 floors)
Apx SqFt(Htd/Cooled): 489
SqFt Source: Prop App Site
Full Baths: 1
Total Baths: 1
Year Built: 1976
Construction Status: Construction Complete
New Construction: No
Garage Y/N: No
Lot Dimensions: 0x0
Pool: Yes
Pool Type: Community
Property Features
Association Fees Include: Accounting; BBQ Pit/Grill; Beach; TV Cable; Community Room; Dumpster; Exercise Room; Internet Service; Laundry; Pest Control; Sewer; Trash Disposal; Water
Furnished: Furnished
Utilities: Electricity - Availabile; Public Sewer - Connected; Public Water - Connected
Waterfront Type: Gulf
Listing Office: Dalton Wade Inc
Last Updated: October - 04 - 2025
Information deemed reliable but not guaranteed.