Sold
5004 Thomas Drive, 2205
Panama City Beach FL, 32408
$645,000
$470.80 per sqft
Sold
2 Beds
2 Baths
1,370 sqft
Condos
Built in 2005
UNDER CONTRACT WITH CONTINGENCIES; SELLER ACCEPTING BACKUP OFFERS.
$40,000 PRICE REDUCTION! MOTIVATED SELLER!
LOWEST PRICED CONDO IN TREASURE ISLAND.
THIS TREASURE ISLAND RESORT CONDO IS PRICED TO SELL! THE LAST TWO SALES IN THIS FLOOR PLAN WERE $707,777 AND $705,000! This condo is loaded with upgrades, and comes fully furnished. Enjoy the best view of the entire beach from your spacious 270 square foot balcony (one of the largest balconies on the Emerald Coast). Because of the orientation of this complex you can see all of Panama City Beach. This condo comes with a reserved parking space. The projected rental revenue on this condo is $51,588 per year and the owner has meticulously maintained the condo and pride of ownership is exhibited in every square inch. This amazing condo features 2 bedrooms, 2 bathrooms, and an expansive 1370 square feet, and easily sleeps 8. The open floor plan flows seamlessly from room to room.
The kitchen faces the living room and is perfect for a communal setting where family and friends can gather.
The oversized kitchen has plenty of space to add an island, and the dining area is very large 6-seater table. The primary en-suite master bedroom features gulf-front views, balcony access, a double-vanity in the bathroom, separate water closet, and a walk-in closet. This location is phenomenal and on the quieter east end of the beach. Close to entertainment, shopping, and restaurants. Walk next door to Schooner's (a local favorite!) for a beachside meal! Extra wide golf cart path down to the state park, even close enough to ride your bike!
You can use this as a personal vacation home or as a vacation rental for an opportunity to earn amazing rental income. Amenities include a pool (heated in the winter months), hot tub, fitness center, gazebos, an owner's lounge and a parking garage. This awesome condo will not last long, call TODAY!
910869
MLSⓇ ID
February 8, 2023
Listed
November 22, 2024
Updated
Map
5004 Thomas Drive, 2205
Panama City Beach FL, 32408
Interior Features
Bedrooms
2
Total Bathrooms
2
Full Bathrooms
2
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Central
Exterior/Building Features
Architectual Style
N/A
School Information
High School
Arnold
Elementary School
Patronis
Other Property Details
Area Name
27 - Bay County
Days on Market
108
Association Fee
$1,220
Association Fee Frequency
Quarterly
Garage
Yes
View
Yes
View Description
Gulf
County
Bay
Pool
No
Pool Features
Pool Type
Waterfront
Yes
Courtesy of Keller Williams Realty Emerald Coast, Mike Herring,
Listing Contact:
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Data last updated 1:00 PM UTC, 11/22/2024