Sold

Closed

8727 Thomas Drive D14

Panama City Beach FL, 32408

$365,000


$388.71 per sqft

Sold

Closed

2 Beds

2 Baths

939 sqft

Condos

Built in 1974

When it comes to rental properties on the beach, all condo's are NOT created equal.The price on this 2 Bed / 2 Bath, GROUND FLOOR / PET FRIENDLY / PARK at your DOOR / END UNIT might sound too good to be true, but this motivated seller has it priced $25k less than the last several condos to recently sell in the same complex. When it comes to value, this one is priced over $35k LESS than today's market/appraised value, and boasts an unheard of ROI potential of over 3% as you are starting out, and potential ROI upwards of 30% once you are well established.It even comes with over $14k of rentals ALREADY BOOKED for 2023!!!

736123

MLS ID

January 8, 2023

Listed

October 15, 2024

Updated

Map

8727 Thomas Drive D14
Panama City Beach FL, 32408

Interior Features

Total Stories

3


Bedrooms

2


Total Bathrooms

2


Full Bathrooms

2


Interior Features

Breakfast Bar, New Paint, Remodeled, Recessed Lighting, Split Bedrooms, Smart Thermostat


Appliances

Washer/Dryer Stacked, Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Freezer, Disposal, Ice Maker, Microwave, Refrigerator


Laundry Description

Washer Hookup, Dryer Hookup, Stacked


Fireplace

No


Cooling

Yes


Cooling Description

Central Air, Ceiling Fan(s)


Heating

Yes


Heating Description

Central

Exterior/Building Features

Exterior Features

Built-in Barbecue, Balcony, Pool


Lot Features

Landscaped, Waterfront


Architectual Style

Low Rise

School Information

High School

Arnold


Elementary School

Breakfast Point

Other Property Details

Area Name

03 - Bay County - Beach


Taxes

$2,348


Tax Frequency

Annually


Days on Market

4


Association Fee

$1,195


Association Fee Frequency

Quarterly


Association Amenities

Beach Rights, Gated, Picnic Area


Garage

No


Parking

Additional Parking, Guest, Gated, Permit Required


View

Yes


View Description

Gulf, Pond


County

Bay


Pool

Yes


Pool Features

Fenced, In Ground, Community, Pool

 

Courtesy of Beachy Beach Real Estate, Garrett S Aune,
Listing Contact: (850) 588-8908 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Rachel Warrell shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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