9900 S Thomas DR #1916 new Save Request In-Person Tour Request Virtual Tour
Panama City Beach,FL 32408
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 907 sqft
Price per Sqft $406
Subdivision Shores Of Panama
MLS Listing ID 777822
Style High Rise
Bedrooms 1
Full Baths 2
HOA Fees $1,080/qua
Year Built 2007
Annual Tax Amount $4,498
Tax Year 2024
Property Sub-Type Condominium
Property Description
Turnkey Investment Opportunity | Shores of Panama - 1 Bedroom, 2 Bath Condo with Proven Rental History: 2023 / $43,525 2024 / $41,853 2025/$32,048 thru July.This updated and renovated 1-bedroom, 2-bath condo at Shores of Panama is a proven income producer with 3 consecutive years of strong rental history. Fully furnished and rental-ready, this property is the ideal turnkey investment for those looking to capitalize on Panama City Beach's thriving vacation rental market.The efficient floor plan comfortably accommodates guests with a private bedroom, hallway bunks, sleeper sofa, and two full bathrooms - a rare feature that enhances guest satisfaction and boosts rental demand. Recent updates, modern finishes, and tasteful decor ensure excellent guest reviews and repeat bookings.Shores of Panama remains one of the highest-demand resorts on the Gulf Coast, offering unmatched amenities including a lagoon-style beachfront pool, hot tubs, indoor pool, fitness center, on-site dining, tiki bars, and direct beach access - all major draws for vacationers.With a proven track record of income production, prime location, and resort-style amenities, this condo is a smart addition to any investment portfolio.With an acceptable offer, Seller will pay the remaining $18,000 of the special assessment currently $1200 monthly until the end of 2026.
Location
State FL
County Bay
Community Beach,Clubhouse,Elevator,Fitness Center,Park,Sauna,Short Term Rental Allowed,Sidewalks,Pool
Area 03 - Bay County - Beach
Interior
Heating Central
Cooling Central Air,Ceiling Fan(s)
Exterior
Exterior Feature Balcony
Parking Features Attached,Garage,Community Structure
Garage Spaces 1.0
Garage Description 1.0
Pool In Ground,Pool,Community
Community Features Beach,Clubhouse,Elevator,Fitness Center,Park,Sauna,Short Term Rental Allowed,Sidewalks,Pool
Utilities Available Cable Connected
Amenities Available Beach Rights,Gazebo,Sauna,Spa/Hot Tub
Waterfront Description Gulf,Shoreline - Sand
View Y/N Yes
View Gulf
Building
Sewer Public Sewer
Schools
Elementary Schools Breakfast Point
Middle Schools Breakfast Point
High Schools Arnold
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition Listed As-Is