1 Bed
2 Baths
883 sqft
$500,000
5115 Gulf Drive 1308, Panama City Beach FL, 32408
Price per sqft$566.25
Built in2006
Property size883 sqft
Property typeCondominium
Overview
Sold
Closed
Listed Mar 21, 2022
Updated Jun 12
UNDER CONTRACT WITH CONTINGENCIES; SELLER ACCEPTING BACKUP OFFERS.
Prepare to be absolutely amazed. This masterfully designed condominium provides all of the essentials for an investor, second home, or primary residence. This condo is rented by owner, and boasts actual annual income of $37,420 (2021) and annual rental income of $25,761 thus far in 2022. The HOA fee covers all expenses including electricity. Opulence is exhibited in every square inch of this condo with sleek yet comfortable furnishings, and beach decor. The owner made many upgrades to this condo including newer (3 years old) HVAC unit, and stainless steel appliances. This Seychelles floor plan is the most popular and highly sought after at 883 square feet with 1 bedroom, 2 bathrooms, and bunks in the hallway.
The spacious master bedroom has a private bathroom, and there is a guest bathroom off the hallway.
The fully equipped kitchen and living area overlook the Gulf of Mexico and open to a large balcony with perfect views of the emerald green waters of the Gulf. Enjoy cool breezes or take a walk on the beach to St. Andrews State Park, just minutes away. Sitting just above the main hustle and bustle of Panama City Beach, this condo is the perfect place to get peace and quite while still being a short drive to all of the action.
Seychelles sits on 200 feet of the most pristine sand on the Gulf of Mexico right next to Schooners Restaurant. With a private balcony overlooking the Gulf of Mexico, you will never want to leave your piece of paradise.
Additional information
- MLS® ID
- 723903
Interior Features
- Bedrooms
- 1
- Bathrooms
- 2
- Cooling
- Yes
- Heating
- Yes
- Basement
- No
Other Property Details
- Garage
- Yes
- View
- Yes
- Pool
- Yes
- Waterfront
- Yes
Courtesy of Keller Williams Realty Emerald, Mike S Herring,
Listing Contact: 850-321-0917
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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