When it comes to rental properties on the beach, all condo's are NOT created equal.The price on this 2 Bed / 2 Bath, GROUND FLOOR / PET FRIENDLY / PARK at your DOOR / END UNIT might sound too good to be true, but this motivated seller has it priced $25k less than the last several condos to recently sell in the same complex. When it comes to value, this one is priced over $35k LESS than today's market/appraised value, and boasts an unheard of ROI potential of over 3% as you are starting out, and potential ROI upwards of 30% once you are well established.It even comes with over $14k of rentals ALREADY BOOKED for 2023!!!
Sold for $365,000 on 02/10/23
$365,000
8727 Thomas Dr UNIT D14, Panama City Beach, FL 32408
2beds
939sqft
Condominium
Built in 1974
-- sqft lot
$316,500 Zestimate®
$389/sqft
$2,728 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: September 24, 2024 at 08:11pm
Listed by:
Garrett S Aune 850-588-8908,
Beachy Beach Real Estate
Bought with:
Tracy L Suber, SL3488734
Beach Haven Realty
Source: CPAR,MLS#: 736123
Originating MLS: Central Panhandle Association of REALTORS
Originating MLS: Central Panhandle Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Level: First
- Area: 121
- Dimensions: 11 x 11
Bedroom
- Level: First
- Area: 121
- Dimensions: 11 x 11
Primary bathroom
- Level: First
- Area: 40
- Dimensions: 8 x 5
Dining room
- Level: First
- Area: 76.5
- Dimensions: 9 x 8.5
Other
- Level: First
- Area: 40
- Dimensions: 8 x 5
Kitchen
- Area: 72
- Dimensions: 9 x 8
Living room
- Level: First
- Area: 202.5
- Dimensions: 15 x 13.5
Patio
- Level: First
- Area: 120
- Dimensions: 15 x 8
Heating
- Central
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Washer/Dryer Stacked, Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Freezer, Disposal, Ice Maker, Microwave, Refrigerator
- Laundry: Washer Hookup, Dryer Hookup, Stacked
Features
- Breakfast Bar, New Paint, Remodeled, Recessed Lighting, Split Bedrooms, Smart Thermostat
- Windows: Storm Window(s), Tinted Windows
- Furnished: Yes
Interior area
- Total interior livable area: 939 sqft
Property
Parking
- Parking features: Additional Parking, Guest, Gated, Permit Required
Features
- Patio & porch: Balcony, Covered, Patio
- Exterior features: Built-in Barbecue, Balcony, Pool
- Pool features: Fenced, In Ground, Community, Pool
- Fencing: Full
- Has view: Yes
- View description: Gulf, Pond
- Has water view: Yes
- Water view: Gulf,Pond
- Waterfront features: Shoreline - Sand, Waterfront
Lot
- Features: Landscaped, Waterfront
Details
- Additional structures: Storage, Tennis Court(s), Pool House
- Parcel number: 30189125000
- Zoning description: Resid Multi-Family,Resid Single Family
- Special conditions: Listed As-Is
Construction
Type & style
- Home type: Condo
- Architectural style: Low Rise
- Property subtype: Condominium
Materials
- Concrete
Condition
- Updated/Remodeled
- Year built: 1974
Utilities & green energy
- Utilities for property: Cable Connected, Electricity Connected, High Speed Internet Available, Other, Phone Connected, Sewer Connected, Water Available
Community & neighborhood
Security
- Security features: Gated Community, 24 Hour Security, Smoke Detector(s), Varies By Unit, Security Service
Community
- Community features: Barbecue, Beach, Clubhouse, Laundry Facilities, Other, Park, See Remarks, Short Term Rental Allowed, Tennis Court(s), Waterfront, Gated, Pool
Location
- Region: Panama City Beach
- Subdivision: Sugar Beach Condo
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $1,195 quarterly
- Amenities included: Beach Rights, Gated, Picnic Area
- Services included: Association Management, Clubhouse, Cable TV, Laundry, Maintenance Grounds, Other, Pool(s), Sewer, See Remarks, Security, Tennis Courts, Trash, Water
Other
Other facts
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Paved
Services availability
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