Active
4715 Thomas Drive 605D
Panama City Beach FL, 32408
$599,900
$427.28 per sqft
Active
3 Beds
3 Baths
1,404 sqft
Condos
Built in 1985
Investor alert! This 3-bedroom, 3-bathroom Gulf-front condo at The Commodore is a rare opportunity to own a prime income-producing property on the far east end of Panama City Beach. Featuring a separate lock-out unit, this condo offers unparalleled flexibility--rent the entire unit or split it into two rentals to maximize occupancy and income potential.Designed with rental appeal in mind, this condo offers two Gulf-facing primary bedrooms with balcony access and en-suite bathrooms, ensuring every guest enjoys breathtaking water views. The spacious third bedroom is perfect for families, featuring two sets of bunk beds to accommodate multiple guests comfortably. The large living area flows seamlessly into the open kitchen, which boasts granite countertops, a coastal white design with white appliances, and a convenient bar area for entertaining.Guests will also appreciate the private balcony for sunset views and the outside storage lock-out closet for all their beach gear. With low condo assessments, The Commodore offers outstanding amenities, including a seasonally heated pool, hot tub, and direct beach access, making it a top choice for vacationers.Located on the desirable far east end of the beach near St. Andrews State Park and local attractions, this property has strong rental income potential and is a fantastic addition to any investment portfolio. Don't miss this opportunity--schedule your private tour today!
766190
MLSⓇ ID
December 13, 2024
Listed
March 3, 2025
Updated
Interior Features
Bedrooms
3
Total Bathrooms
3
Full Bathrooms
3
Appliances
Dryer, Dishwasher, Electric Oven, Electric Water Heater, Disposal, Microwave, Refrigerator
Fireplace
No
Cooling
Yes
Cooling Description
Central Air, Electric
Heating
Yes
Heating Description
Central, Electric
Exterior/Building Features
Exterior Features
Balcony
Architectural Style
High Rise
Patio And Porch
Balcony
Security
Fire Alarm, Fire Sprinkler System, Gated Community, 24 Hour Security, Smoke Detector(s)
School Information
High School
Arnold
Elementary School
Patronis
Other Property Details
Area Name
03 - Bay County - Beach
Taxes
$5,003
Tax Frequency
Annually
Days on Market
77
Association Fee
$4,395
Association Fee Frequency
Quarterly
Garage
No
Parking
Gated, No Garage, Parking Lot
View
Yes
View Description
Gulf
County
Bay
Pool
Yes
Pool Features
Electric Heat, In Ground, Community
Waterfront
Yes
Waterfront Features
Gulf
Utilities
Cable Connected, Trash Collection
Listing History
Date | Event | Price |
---|---|---|
2/26/2025 | Price change | $599,900 -5% |
Courtesy of EXP Realty LLC, Renae Voda,
Listing Contact: (615) 804-1554
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.
© 2025 Central Panhandle Association of REALTORS. All rights reserved.