$275,000
Panama City Beach, FL 32408
MLS# 755437
Status: Sold
1 baths | 473 sqft
1 / 47
Property Description
Lower Floor Updated Gulf front Studio at the popular Shores of Panama! These are little cash cow money makers! Keep them rented all year long! Gross rentals on these units average $50k, and net $36k. You will not find a better ROI on the beach! All tile and LVT and newer mini-split HVAC system. Full kitchen w/ stainless appliances and freshly painted cabinets, Full washer and dryer make this gulf front studio a cut above other resorts in town! Very nice size balcony with Polywood furniture. Comes with a dedicated parking space on same floor! The low sq footage and the high ROI will always protect you in the future!
Details
Maps
Contract Info
Status: Sold
List Date: 2024-04-09
List Price: $287,000
List Price/SqFt: 606.77
Current Price: $275,000
Location
Area: 03 - Bay County - Beach
Street #: 9900
Street Name: Thomas
Street Suffix: Drive
Unit #: 1006
State: FL
Zip Code: 32408
County: Bay
Sub Area: 0320 - Beach - Middle Central
Subdivision: Shores Of Panama Phase I
Community/Resort: None
Waterfront: Yes
Parcel ID: 40000-650-165
Elementary School: Breakfast Point
Middle School: Breakfast Point
High School: Bay
Directions: Thomas drive and front beach road
Legal Description: SHORES OF PANAMA PHASE I UNIT 1006 TYPE G(L) ORB 2941 P 107 10TH FLOOR EFF/1BR ORB 4678 P 70 473 SQ FT . PK SP #1007
General Property Info
Sub-Type: Condominium
Floor Number: 10
Design: High-Rise (8+ floors)
Apx SqFt(Htd/Cooled): 473
SqFt Source: Builders Plans
Balcony SqFt: 119
Full Baths: 1
Total Baths: 1
# of Stories in Building: 23
Year Built: 2007
Immediate Occupancy: Yes
Construction Status: Construction Complete
Garage Y/N: No
Assigned Spaces: 1
Lot Dimensions: 0x0
Status Change Info
Under Contract Date: 2024-06-17
Sold Date: 2024-07-11
Sold Price: $275,000
Sold Price/SqFt: 581.4
Property Features
Accessibility Features: Accessible Bedroom; Accessible Full Bath
Appliances: Dishwasher; Disposal; Dryer; Microwave; Range - Electric; Washer; Water Heater - Electric
Cooling: Ceiling Fan(s); ENERGY STAR Qualified Equipment
Exterior: Balcony; Built-in Barbecue/Grill
Association Fees Include: Accounting; BBQ Pit/Grill; TV Cable; Community Room; Exercise Room; Management; Pest Control; Picnic Area; Pool; Sewer; Trash Disposal; Water
Financing: Cash; Conventional
Furnished: Furnished
Interior: Insulated Doors
Pool Features: Inground
Security Features: Smoke Detector(s)
Parking Features: Deeded
Association Amenities: BBQ Pit/Grill; Beach; Picnic Area; Sauna/Steam Room; Security-24 hour; Whirlpool; Waterfront; Other - See Remarks
Utilities: Electricity - Connected
Waterfront Type: Gulf
Waterview: Gulf
Listing Office: Emerald Coast Real Estate & Vacations LLC
Last Updated: September - 27 - 2024
Information deemed reliable but not guaranteed.