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9900 S Thomas Road, 1604, Panama City Beach, FL 32408 (MLS# 754404)

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9900 S Thomas Road, 1604, Panama City Beach, FL 32408

$500,000
Property Type: Residential Bedrooms: 2 Baths: 3 Square Footage: 1,148 Status: Active
Current Price: $500,000 List Date: 3/18/2024 Last Modified: 5/01/2024

Description

$71,000 in 2023 Revenues verified in the document section of the MLS. Investors looking for return, welcome to the 16th floor at The Shores of Panama. Featuring a lagoon style pool, hot tub tiki bars, fitness center, sauna and steam room and indoor heated pool. Sold fully furnished with a newly renovated kitchen and bunk room allowing to sleep 6. Enjoy the stunning view of the Gulf of Mexico from the balcony. Recently freshly painted.

More Information MLS# 754404

Contract Info

Status: Active List Date: 2024-03-18 List Price: $500,000 List Price/SqFt: 435.54 Current Price: $500,000

Location

Area: 03 - Bay County - Beach Street #: 9900 Street Direction: S Street Name: Thomas Street Suffix: Road Unit #: 1604 State: FL Zip Code: 32408 County: Bay Sub Area: 0318 - Beach - Central South Subdivision: Shores Of Panama Community/Resort: None Waterfront: Yes Parcel ID: 40000-650-271 Elementary School: Breakfast Point Middle School: Breakfast Point High School: Arnold Directions: Located next to Pineapple Willy's across from Laketown Wharf and the intersection of Front Beach Rd and Thomas Dr Legal Description: SHORES OF PANAMA PHASE I UNIT 1604 TYPE B(R) ORB 2740 P 2252 16TH FLOOR 2BD/3BR ORB 4624 P 1586 1148 SQ FT

General Property Info

Sub-Type: Condominium Design: High-Rise (8+ floors) Apx SqFt(Htd/Cooled): 1148 SqFt Source: Prop App Site Bedrooms: 2 Full Baths: 3 Total Baths: 3 # of Stories in Building: 23 # of Units in Bldg: 709 Units Above Ground: 16 Year Built: 2007 Immediate Occupancy: Yes Pre-Const Flip: No Construction Status: Construction Complete Garage Y/N: Yes Lot Dimensions: 0.00

Listing Info, Tax and Legal

HOA Fee: Yes HOA Amount: 4100 HOA Frequency: Quarterly HOA Annual Amount: 16400 New Buyer Fee: No Last Taxes: 5502 Last Tax Year: 2023 Brokerage Interest: No Interest As Is: Yes Condo Doc: Yes

Remarks & Misc

Remarks: $71,000 in 2023 Revenues verified in the document section of the MLS. Investors looking for return, welcome to the 16th floor at The Shores of Panama. Featuring a lagoon style pool, hot tub tiki bars, fitness center, sauna and steam room and indoor heated pool. Sold fully furnished with a newly renovated kitchen and bunk room allowing to sleep 6. Enjoy the stunning view of the Gulf of Mexico from the balcony. Recently freshly painted.

Property Features

Appliances: Dishwasher; Dryer; Microwave; Range - Electric; Refrigerator; Washer Master Bedroom: First Bedroom: First Cooling: Ceiling Fan(s); Central Air Heating: Electric Exterior: Balcony Fees Include: Accounting; Exercise Room; Insurance; Recreational Faclty; Repairs/Maintenance; Security; Whirlpool Furnished: Furnished - All Kitchen: First Living Room: First Security Features: 24 Hour Security Parking Features: Gated Project Facilities: Community Pools; Elevators; Pool; Sauna/Steam Room; Security-Gate; Short Term Rental Allowed; TV Cable; Whirlpool Rooms: Bedroom; Kitchen; Living Room; Master Bedroom Utilities: Electric; Garbage; Public Sewer; TV Cable Waterfront Type: Gulf Waterview: Gulf

Room Information

Master Bedroom Level: First Dimensions: 13 x 11 Length: 13.00 Width: 11.00 Dimensions: 13 x 11 Kitchen Level: First Dimensions: 10 x 9 Length: 10.00 Width: 9.00 Dimensions: 10 x 9 Living Room Level: First Dimensions: 14 x 7 Length: 14.00 Width: 7.00 Dimensions: 14 x 7 Bedroom Level: First Dimensions: 10 x 12 Length: 10.00 Width: 12.00 Dimensions: 10 x 12
Listing Office: Berkshire Hathaway HomeServices PenFed
Last Updated: May - 01 - 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.