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3 Beds
2 Baths
1,456 sqft

$535,000

5801 Thomas Drive 925, Panama City Beach FL, 32408

Price per sqft$367.45
Built in1975
Property size1,456 sqft
Property typeCondominium

Overview

Sold

Closed

Listed Sep 8, 2022

Updated 2 weeks ago

Here is your chance to own a great investment property in Panama City Beach! Regency Towers is a RENTAL MACHINE. With a little updating this 3 bed 2 bath unit will produce 75-85k+ annually. Many updates already complete including new walk in tile shower, tile bath, new bedroom sets & new ceramic tile floor in living room. Condo is being sold AS IS and will need some furniture replaced and a new hot water heater. SELLER OFFERING $10,000 FURNITURE ALLOWANCE to be credited to buyer at closing ***Priced to sell*** this is the lowest priced 3bed unit for sale at Regency Towers. Don't miss out on this investment opportunity/vacation getaway! Ask your Realtor to show you rental projections and schedule your private tour today! Regency Towers boasts two olympic size pools one heated year round, a full service tiki bar & grill, convenient mart, indoor hot tub with bathrooms, kiddie pool, outdoor showers, exercise facility, billiards room, multiple picnic areas with grills, and plenty of in house activities offered year round! Within 5 minutes to St. Andrews state park, boat launches, restaurants, shopping, waterpark, family fun parks, go karting, mini golf, jet ski/boat rental and more!

Additional information

MLS® ID
731927

Interior Features

Bedrooms
3
Bathrooms
2
Basement
No

Other Property Details

Association Fee Frequency
Quarterly
Waterfront
Yes

 

Courtesy of Counts Real Estate Group Inc, Larell Paradise,
Listing Contact: 850-231-1483 

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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