Lower Floor Updated Gulf front Studio at the popular Shores of Panama! These are little cash cow money makers! Keep them rented all year long! Gross rentals on these units average $50k, and net $36k. You will not find a better ROI on the beach! All tile and LVT and newer mini-split HVAC system. Full kitchen w/ stainless appliances and freshly painted cabinets, Full washer and dryer make this gulf front studio a cut above other resorts in town! Very nice size balcony with Polywood furniture. Comes with a dedicated parking space on same floor! The low sq footage and the high ROI will always protect you in the future!
Sold for $275,000 on 07/11/24
$275,000
9900 Thomas Dr UNIT 1006, Panama City Beach, FL 32408
--beds
473sqft
Condominium
Built in 2007
-- sqft lot
$224,400 Zestimate®
$581/sqft
$1,607 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: 13 hours ago
Listed by:
Kelly R Zarda 850-532-8456,
Emerald Coast Real Estate & Vacations LLC
Bought with:
Marcy L O'Donnell, 3417794
Luxe Coastal Realty Group LLC
Source: CPAR,MLS#: 755437
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 1
- Full bathrooms: 1
Cooling
- Ceiling Fan(s), ENERGY STAR Qualified Equipment
Appliances
- Included: Electric Range, Electric Water Heater
Features
- Doors: Insulated Doors
Interior area
- Total structure area: 473
- Total interior livable area: 473 sqft
Property
Accessibility
- Accessibility features: Accessible Full Bath, Accessible Bedroom
Features
- Patio & porch: Balcony
- Exterior features: Barbecue
- Pool features: In Ground
- Spa features: Community
- Has view: Yes
- View description: Gulf
- Has water view: Yes
- Water view: Gulf
Details
- Parcel number: 40000650165
Construction
Type & style
- Home type: Condo
- Architectural style: High Rise
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Roof: Flat
Condition
- Year built: 2007
Community & neighborhood
Security
- Security features: Smoke Detector(s), Security Service
Community
- Community features: Beach, Park, Sauna, Waterfront, Barbecue, Short Term Rental Allowed
Location
- Region: Panama City Beach
- Subdivision: Shores Of Panama Phase I
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$224,400
2% more+$4,488
With Zillow Showcase(estimated)$228,888