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4 Beds
3 Baths
1,750 sqft

$660,000

8727 Thomas Drive A14, Panama City Beach FL, 32408

Price per sqft$377.14
Built in1974
Property size1,750 sqft
Property typeCondominium

Overview

Sold

Closed

Listed Jan 9, 2023

Updated 2 weeks ago

ABSOLUTE LUXURY awaits you in this completely remodeled Gulf View condo. Complete attention to detail in every single room - modern designs mixed with coastal living - using only the finest quality products. So many things are completely brand new. ''High end'' stainless appliances, commercial grade kitchen sink, quartz counter tops, porcelain and tile flooring, beautiful tile showers, unique vanities, shiplap walls, designer furniture, custom ceilings and lighting, custom stairs and handrails, and the list goes on! End unit with no one above you or to the left. Gulf views from the balconies on both floors allow you to catch some of the best sunsets on the beach horizon. All this luxury at one of the absolute lowest prices per sq/ft of all 4 bedroom condos available on the beach. If you are looking for a new place to call home, or if you are looking for a rental income generating machine - look no further!!! This incredible condo is being sold fully furnished. It is 100% turnkey ready, and with projected rental incomes of $80k+, you can start generating a profit day 1! The Numbers Tell the Story... ROI on a cash purchase starts at 7% based on a minimal rental income of $70k. That's right... 7%! Try finding that kind of return at any financial institution (no banks/crypto/stocks/etc)! ROI on a financed purchase starts at 3% based on the minimal rental income of $70k. This means you cover all the bills, you put extra money in the bank, and you enjoy the appreciation and equity gains. It truly is a win/win!!! Sugar Beach has everything you could ask for to ensure enormous rental income. It is one of the few remaining pet friendly vacation destinations in PCB - which is a HUGE amenity for renters (giving you a truly competitive advantage). Gated community, no elevators, park directly at your door, private gated beach access, pool, tennis, shuffleboard, grilling area, huge koi/turtle pond right out your back door, countless nearby restaurants/activities, and the list goes on! Welcome home to Paradise!!! *Low quarterly HOA Fees include water, trash, cable, exterior insurance, grounds keeping, 24 hour video surveillance, community amenities (pool, tennis court x 2, shuffleboard, Koi pond, community room/kitchen, ping pong), on site maintenance 8 hours daily, onsite property management Mon-Fri, and private gated beach access.

Additional information

MLS® ID
736166

Interior Features

Bedrooms
4
Bathrooms
3
Cooling
Yes
Heating
Yes
Basement
No

Other Property Details

Taxes
$3,236
Tax Frequency
Annually
Association Fee Frequency
Quarterly
View
Yes
Pool
Yes
55+/Senior Community
No

 

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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