Sold
Closed
4715 Thomas Drive 202
Panama City Beach FL, 32408
$425,000
$566.67 per sqft
Sold
Closed
1 Bed
2 Baths
750 sqft
Condos
Built in 1985
CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS Renovated 1 bedroom/2 bath condo on the beach. This condo is situated to give you spectacular views of the Gulf, especially from the master bedroom which also has access to a large balcony perfect for enjoying the scenic beach. The condo has several upgrades like new paint throughout, new butcher block countertops in the kitchen area, new microwave, new oven, new remote control blinds, new furnishings and decor, a new vanity in the bathroom, new washer and dryer, and new shiplap on walls and ceiling, which make it more appealing. Additionally, this rental property has generated $59K+ in rental revenue for 2023, approx. $32K in future rentals to convey if stay with current management, making it an excellent investment. The unit can accommodate up to 5 people, which means more rental potential, with sleeper sofa and sleeper chair. Being located on the desirable 2nd floor means you won't need to use elevators, and you can still enjoy the spectacular views. The Commodore is a gated community on the east end, near the beautiful St. Andrews state park. The complex offers a heated pool, a kiddie pool, picnic area, and shuffleboard/basketball courts. If you decide to invest in this property, you will also benefit from an outside owner's storage closet. The Commodore is a great location for anyone looking for a peaceful and serene environment with plenty of opportunities to relax and enjoy the beach. The unit has a lot of potential for rental income, making it an excellent investment opportunity.
744948
MLSⓇ ID
August 9, 2023
Listed
October 15, 2024
Updated
Map
4715 Thomas Drive 202
Panama City Beach FL, 32408
Interior Features
Bedrooms
1
Total Bathrooms
2
Full Bathrooms
2
Interior Features
Breakfast Bar, New Paint
Appliances
Washer/Dryer Stacked, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator
Laundry Description
Stacked
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Central
Exterior/Building Features
Exterior Features
Balcony
Architectual Style
High Rise
School Information
High School
Arnold
Elementary School
Patronis
Other Property Details
Area Name
03 - Bay County - Beach
Taxes
$2,757
Tax Frequency
Annually
Days on Market
197
Association Fee
$3,131
Association Fee Frequency
Quarterly
Association Amenities
Gated
Garage
No
Parking
Parking Lot
View
Yes
View Description
Gulf
County
Bay
Pool
Yes
Pool Features
In Ground, Community
Waterfront
Yes
Listing History
Date | Event | Price |
---|---|---|
4/12/2024 | Sold | $425,000 |
2/27/2024 | Price change | $425,000 1% |
2/25/2024 | Under contract | — |
Courtesy of Saltwater Real Estate of PCB, Stacey Hagin,
Listing Contact: (678) 449-4759
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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