Sold

5115 Gulf Drive, 1308

Panama City Beach FL, 32408

$500,000


$566.25 per sqft

Sold

1 Bed

2 Baths

883 sqft

Condos

Built in 2006

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. 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.

893731

MLS ID

March 27, 2022

Listed

November 22, 2024

Updated

Map

5115 Gulf Drive, 1308
Panama City Beach FL, 32408

Interior Features

Bedrooms

1


Total Bathrooms

2


Full Bathrooms

2


Interior Features

Breakfast Bar, Furnished - All, Hallway Bunk Beds, Washer/Dryer Hookup, Window Treatment All


Appliances

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


Fireplace

No


Cooling

Yes


Cooling Description

Ceiling Fan(s), 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

43


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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