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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