CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS' Low Floor Updated Gulf front Studio at the popular Shores of Panama! These are little cash cow money makers! They stay rented all year long! 2023 Gross rental was $54,904. 2024 has been a phenomenal year so far. You will not find a better ROI on the beach! All tile, newer mini-split HVAC system, updated paint, furniture. Full kitchen, washer dryer, full size gulf front balcony same floor parking spot just around the corner ~ make this gulf front studio a cut above other resorts in town! Very nice size balcony overlooking gorgeous lagoon pool and the Gulf of Mexico. Comes with a dedicated parking space on same floor! The low sq footage and the high ROI will always protect you in the future! This condo is turnkey, and already on a popular rental program.
Shores of Panama is a 23 story Tuscany style condominium complex in the heart of Panama City Beach, and right next door to the world-famous Pineapple Willys restaurant. Shores of Panama has unbeatable amenities, including a massive gulf side pool and hot-tub, 2 tiki bars, indoor pool, garage parking, and a fitness center. Listing agent is related to the seller.
Sold for $295,000 on 09/04/24
$295,000
9900 Thomas Dr UNIT 805, Panama City Beach, FL 32408
--beds
473sqft
Condominium
Built in 2007
-- sqft lot
$233,400 Zestimate®
$624/sqft
$1,607 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: 18 hours ago
Listed by:
Kelly R Zarda 850-532-8456,
Emerald Coast Real Estate & Vacations LLC
Bought with:
Kelly R Zarda
Emerald Coast Real Estate & Vacations LLC
Source: CPAR,MLS#: 760438
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 Bedroom
Features
- Patio & porch: Balcony
- Exterior features: Barbecue
- Pool features: In Ground, Community
- Spa features: Community
- Has view: Yes
- View description: Gulf
- Has water view: Yes
- Water view: Gulf
Details
- Parcel number: 40000650128
Construction
Type & style
- Home type: Condo
- Architectural style: High Rise
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Roof: Flat
Condition
- New construction: No
- Year built: 2007
Community & neighborhood
Security
- Security features: Smoke Detector(s), Security Service
Community
- Community features: Beach, Elevator, Fitness Center, Park, Pool, Waterfront, Barbecue, Short Term Rental Allowed
Location
- Region: Panama City Beach
- Subdivision: Shores Of Panama Phase I
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$233,400
2% more+$4,668
With Zillow Showcase(estimated)$238,068