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1 Bed
2 Baths
883 sqft

$427,000

5115 Gulf Drive 2006, Panama City Beach FL, 32408

Price per sqft$483.58
Built in2006
Property size883 sqft
Property typeCondominium

Overview

Sold

Closed

Listed Jan 4, 2022

Updated Jun 12

UNDER CONTRACT W/ CONTINGENCIES; 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 currently not rented but boasts projected gross rental income of approximately $45,000 annually while the HOA fee covers all expenses including electricity. Opulence is exhibited in every square inch of this condo with sleek yet comfortable furnishings, and custom window treatments and decor. The owner made many upgrades to this condo including new custom kitchen cabinets, stainless steel appliances, newer heating and air conditioning system (less than 3 years old), newer hot water heater (less than 3 years old), and new light fixtures and fans. 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
720694

Interior Features

Bedrooms
1
Bathrooms
2
Cooling
Yes
Basement
No

Other Property Details

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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