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9900 S Thomas 1021 Drive, 1021, Panama City Beach, FL 32408 (MLS# 752920)

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9900 S Thomas 1021 Drive, 1021, Panama City Beach, FL 32408

$499,900
Property Type: Residential Bedrooms: 2 Baths: 3 Square Footage: 1,184 Status: Active
Current Price: $499,900 List Date: 2/16/2024 Last Modified: 4/23/2024

Description

Location! Location! Location! If you're looking for the ultimate location, price and investment potential for a vacation rental, don't miss this amazing opportunity to call this luxury condominium your new home. Featuring two primary ensuite bedrooms and a convenient bunk bed alcove and adjoining full bath within its 1184 square feet of open concept living area, this fully furnished modern luxury condo offers the ideal layout for hosting family and friends. Primely positioned on the 10th floor with direct gulf views, this elegant coastal abode overlooks an impressive array of amenities, including the 13,966 SF gulf side lagoon-style pool, indoor heated pool & hot tub, two tiki bars, and is conveniently located steps away to sugar sand beaches and turquoise waters of the Gulf of Mexico. The open concept living/dining area blends perfectly with the modern/coastal decor that will instantly make you feel right at home. Furnishings along with a private parking space -conveniently located near the 10th floor parking deck and valued at over $20,000 - convey with the purchase of this stunning coastal property. Located in Shores of Panama II, one of Panama City Beach's top-rated luxury resort communities, this luxury condo has been a primary vacation home but similar units generate an impressive $65K - $70K in annual gross rental returns. Freshly painted, new furnishings and updated luxury flooring add to the overall charm while upgraded granite counters with a breakfast bar for casual meals and dining area gracefully add both elegance and functionality. With two private ensuite bedrooms and convenient bunk bed alcove with attached full bath and updated, modern furnishings, there's ample room to host multi-generations easily without feeling cramped. All these added features are great for maximizing short-term rental income when not enjoying this property yourself! Located in an ideal spot on Panama City Beach close to everything you could ever need, this luxury condo offers the perfect blend of convenience and luxury. Whether you're looking to unwind on the pristine sugar sand beaches just steps away, indulge in gulf breezes from your balcony or enjoy world-class dining, shopping and entertainment, everything you need is conveniently located an easy walk or short distance away. Onsite coffee & donut shop plus pizza makes sure everyone is happy here! Centrally located close to dining hotspots, shopping centers, and popular entertainment venues adds even more value when investing into this property. This one-of-a kind opportunity should not be missed so contact us today if interested in scheduling a showing!

More Information MLS# 752920

Contract Info

Status: Active List Date: 2024-02-16 List Price: $499,900 List Price/SqFt: 422.21 Current Price: $499,900

Location

Area: 03 - Bay County - Beach Street #: 9900 Street Direction: S Street Name: Thomas 1021 Street Suffix: Drive Unit #: 1021 State: FL Zip Code: 32408 County: Bay Sub Area: 0318 - Beach - Central South Subdivision: Shores Of Panama Phase II Community/Resort: None Waterfront: Yes Parcel ID: 40000-675-119 Elementary School: Breakfast Point Middle School: Breakfast Point High School: Arnold Directions: Drive East on Front Beach Rd., turn right onto Thomas Drvie. Shores of Panama is located on the right next door to Pineapple Willy's restaurant. Legal Description: SHORES OF PANAMA II UNIT 1021 TYPE K (L) ORB 2740 P 2252 2BR 3BA ORB 3541 P 2264 1184 TOTAL SF ORB 3682 P 2057 PARK SP# 1072

General Property Info

Sub-Type: Condominium Design: High-Rise (8+ floors) Apx SqFt(Htd/Cooled): 1184 SqFt Source: Prop App Site Balcony SqFt: 100 Bedrooms: 2 Full Baths: 3 Total Baths: 3 # of Stories in Building: 23 Floor Number: 10 Year Built: 2007 Immediate Occupancy: Yes Pre-Const Flip: No Construction Status: Construction Complete Garage Y/N: Yes Garage Spaces: 1 Lot Dimensions: Zero Lot Line

Listing Info, Tax and Legal

Homestead: No HOA Fee: Yes HOA Amount: 3237 HOA Frequency: Quarterly HOA Annual Amount: 12948 Senior Community: No Is Subject Leased: No New Buyer Fee: Yes New Buyer Fee Amt: 250 New Buyer Fee Paid: $ Last Taxes: 4896 Last Tax Year: 2023 Brokerage Interest: No Interest As Is: Yes Condo Doc: Yes

Remarks & Misc

Remarks: Location! Location! Location! If you're looking for the ultimate location, price and investment potential for a vacation rental, don't miss this amazing opportunity to call this luxury condominium your new home. Featuring two primary ensuite bedrooms and a convenient bunk bed alcove and adjoining full bath within its 1184 square feet of open concept living area, this fully furnished modern luxury condo offers the ideal layout for hosting family and friends. Primely positioned on the 10th floor with direct gulf views, this elegant coastal abode overlooks an impressive array of amenities, including the 13,966 SF gulf side lagoon-style pool, indoor heated pool & hot tub, two tiki bars, and is conveniently located steps away to sugar sand beaches and turquoise waters of the Gulf of Mexico. The open concept living/dining area blends perfectly with the modern/coastal decor that will instantly make you feel right at home. Furnishings along with a private parking space -conveniently located near the 10th floor parking deck and valued at over $20,000 - convey with the purchase of this stunning coastal property. Located in Shores of Panama II, one of Panama City Beach's top-rated luxury resort communities, this luxury condo has been a primary vacation home but similar units generate an impressive $65K - $70K in annual gross rental returns. Freshly painted, new furnishings and updated luxury flooring add to the overall charm while upgraded granite counters with a breakfast bar for casual meals and dining area gracefully add both elegance and functionality. With two private ensuite bedrooms and convenient bunk bed alcove with attached full bath and updated, modern furnishings, there's ample room to host multi-generations easily without feeling cramped. All these added features are great for maximizing short-term rental income when not enjoying this property yourself! Located in an ideal spot on Panama City Beach close to everything you could ever need, this luxury condo offers the perfect blend of convenience and luxury. Whether you're looking to unwind on the pristine sugar sand beaches just steps away, indulge in gulf breezes from your balcony or enjoy world-class dining, shopping and entertainment, everything you need is conveniently located an easy walk or short distance away. Onsite coffee & donut shop plus pizza makes sure everyone is happy here! Centrally located close to dining hotspots, shopping centers, and popular entertainment venues adds even more value when investing into this property. This one-of-a kind opportunity should not be missed so contact us today if interested in scheduling a showing!

Property Features

Appliances: Cooktop - Electric; Dishwasher; Disposal; Microwave; Oven - Electric; Range - Electric; Refrigerator; Washer/Dryer Stacked; Water Heater - Electric Master Bedroom: First Bedroom: First Construction/Siding: Concrete Cooling: Ceiling Fan(s); Central Air Heating: Central Exterior: Balcony; BBQ Pit/Grill; Hot Tub; Pool; Sauna/Steam Fees Include: Insurance; Internet Service; Security; Sewer; Trash Disposal; TV Cable Financing: Conventional Furnished: Furnished - All Interior Features: Breakfast Bar; Bunk Hallway; Floor Vinyl; Kitchen Island; Lighting Recessed; Owner's Closet; Pantry; Washer/Dryer Hookup; Window Treatment All Lot Access: City Road; Paved Road Mstr Bdrm/Mstr Bath: MBath Cultured Mrble; MBath Double Vanity; MBath Separate Shwr; MBath Shower Only Bunk Hall: First Great Room: First Pool Features: Indoor; Inground; Public Security Features: 24 Hour Security; Building Security; Fire Sprinkler System; Gated with Guard; Secured Garage/Parking; Security Guard Parking Features: Assigned; Community Structure; Gated Project Facilities: BBQ Pit/Grill; Beach; Boardwalk; Community Room; Exercise Room; Game Room; Gated Community; Owner's Pets Allowed; Pets Allowed; Picnic Area; Pool; Security-24 hour; Security-Gate; Short Term Rental Allowed; TV Cable; Waterfront Rooms: Bedroom; Bunk Hall; Great Room; Master Bedroom Sale Type: As Is Utilities: Electric; Public Sewer; Public Water; TV Cable Waterfront Type: Gulf Waterview: Gulf Present Zoning: Resid Multi-Family

Room Information

Bunk Hall Level: First Dimensions: 8 x 7 Length: 8.00 Width: 7.00 Dimensions: 8 x 7 Master Bedroom Level: First Dimensions: 12 x 17 Length: 12.00 Width: 17.00 Dimensions: 12 x 17 Bedroom Level: First Dimensions: 13 x 11 Length: 13.00 Width: 11.00 Dimensions: 13 x 11 Great Room Level: First Dimensions: 15 x 11 Length: 15.00 Width: 11.00 Dimensions: 15 x 11
Listing Office: Corcoran Reverie
Last Updated: April - 23 - 2024

The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Information deemed reliable but not guaranteed.