Panama City Beach, FL 32408,8727 Thomas Drive  #UNIT B14
Panama City Beach, FL 32408,8727 Thomas Drive  #UNIT B14
Panama City Beach, FL 32408,8727 Thomas Drive  #UNIT B14
Panama City Beach, FL 32408,8727 Thomas Drive  #UNIT B14
Panama City Beach, FL 32408,8727 Thomas Drive  #UNIT B14
Panama City Beach, FL 32408,8727 Thomas Drive  #UNIT B14
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$523,000

$540,000

3.1%
Est.Price: ?

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Est. payment /mo

3 Beds

3 Baths

1,512 SqFt


SOLD DATE : 07/05/2023

Key Details

Sold Price $523,000

Property Type Condo

Sub Type Condominium

Listing Status Sold

Purchase Type For Sale

Square Footage 1,512 sqft

Price per Sqft $345

Subdivision Sugar Beach Condominiums

MLS Listing ID 922348

Sold Date 07/05/23

Bedrooms 3

Full Baths 3

Construction Status Construction Complete

HOA Fees $618/qua

HOA Y/N Yes

Year Built 1974

Annual Tax Amount $3,075

Tax Year 2022

Property Description

If an 8% Return on Investment (ROI) sounds too good to be true, I challenge you to give me just a few seconds to change your mind...A seasoned investor knows to base their decisions on facts and solid data (not projections), and this incredible property has already grossed $52k since last June, and with current bookings/open opportunities, it is well on pace to exceed $70k in the previous 12 months. What makes this all the more impressive is the fact that this is the unit's first full year on the rental market, and it is only getting started!

Location

State FL

County Bay

Area 27 - Bay County

Rooms

Guest Accommodations BBQ Pit/Grill,Beach,Community Room,Dumpster,Game Room,Gated Community,Handball,Handicap Provisions,Laundry,Pets Allowed,Pickle Ball,Picnic Area,Pool,Short Term Rental - Allowed,Tennis,TV Cable,Waterfront

Kitchen First

Interior

Interior Features Floor Laminate, Floor Tile, Furnished - All, Owner's Closet, Renovated, Washer/Dryer Hookup, Window Treatment All

Appliance Dishwasher, Dryer, Microwave, Refrigerator, Smooth Stovetop Rnge, Stove/Oven Electric, Washer

Exterior

Exterior Feature Balcony, BBQ Pit/Grill, Fenced Lot-All, Patio Covered, Patio Open, Pool - House, Pool - In-Ground, Porch, Sprinkler System, Tennis Court

Pool Community

Community Features BBQ Pit/Grill, Beach, Community Room, Dumpster, Game Room, Gated Community, Handball, Handicap Provisions, Laundry, Pets Allowed, Pickle Ball, Picnic Area, Pool, Short Term Rental - Allowed, Tennis, TV Cable, Waterfront

Utilities Available Electric, Public Sewer, Public Water, TV Cable

Waterfront Description Pond

View Gulf, Pond

Private Pool Yes

Building

Water Pond

Structure Type Block,Concrete,Roof Flat,Slab,Stucco

Construction Status Construction Complete

Schools

Elementary Schools Breakfast Point

Others

HOA Fee Include Accounting,Ground Keeping,Security,Sewer,Trash,TV Cable,Water

Assessment Amount $1,856

Energy Description AC - Central Elect,Ceiling Fans,Heat Cntrl Electric,Water Heater - Elect

Financing Conventional,FHA,VA

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Listed by Beachy Beach Real Estate
Bought with ERA Neubauer Commercial

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