Sold

5115 Gulf Drive, 2006

Panama City Beach FL, 32408

$427,000


$483.58 per sqft

Sold

1 Bed

2 Baths

883 sqft

Condos

Built in 2006

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.

888391

MLS ID

January 4, 2022

Listed

October 24, 2024

Updated

Map

5115 Gulf Drive, 2006
Panama City Beach FL, 32408

Interior Features

Bedrooms

1


Total Bathrooms

2


Full Bathrooms

2


Interior Features

Breakfast Bar, Floor Tile, Floor WW Carpet, Furnished - All, Kitchen Island, Washer/Dryer Hookup, Window Treatment All


Appliances

Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Stove/Oven Electric, Washer


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Central

Exterior/Building Features

Exterior Features

Balcony, Sprinkler System


Architectual Style

N/A

School Information

High School

Arnold


Elementary School

Patronis

Other Property Details

Area Name

27 - Bay County


Days on Market

9


Association Fee

$1,387


Association Fee Frequency

Quarterly


Garage

No


Parking

Garage


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 3:27 AM UTC, 10/24/2024

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