$455,000 Price Analysis    ♡   Panama City, FL 32408 2 bed 2 bath 907 SqFt ($501/SqFt) Built 2007 Listed 2024-05-03, HOA $953, Taxes $3,289 | ✓ USDA Eligible near Panama City, FL |
Step into your dream beachfront investment prope rty at the Shores of Panama!
This stunning one bedroom with a separate bunk room and two full bath condo boasts breathtaking views of the Gulf of Mexico. With over $40, 000 in rentals already on the books for 2023, this condo is the perfect investment opportunity for those looking to maximize their returns. As you step inside, you will immediately notice the sleek and modern stainless steel appliances in the fully equipped kitchen. The living area is furnished with brand new furniture and coastal decor, providing a serene atmosphere to unwind after a long day at the beach. The condo has been freshly painted, creating a bright and airy ambiance throughout.
The master bedroom features a comfortable king-sized bed, while the bunk room is perfect for children or guests with a large bunk beds featuring a queen on the bottom and twin on top. Enjoy your morning coffee or an evening cocktail on the private balcony, where you can soak up the stunning views of the Gulf of Mexico. Not to mention that this unit has a deeded parking space that conveys with purchase. As a guest of the Shores of Panama, you will have access to a range of amenities including a lagoon-style pool, a hot tub, a fitness center and a spa. The property also fatures on-site dining options, so you can indulge in a delicious meal without having to leave the resort. Don't miss out on this excellent investment opportunity to own a luxurious beachfront condo at the Shores of Panama.
Presented by Beau Blankenship at
Engel & Vlkers 30A Beaches.
Property MLS #756629 from CPARMLS
Primary Bedroom Dimensions: 14 x 12
Full Bathrooms: 2
Flooring: Tile
Dishwasher
ElectricRange
ElectricWaterHeater
Disposal
Microwave
Refrigerator
Laundry Features: WasherHookup, DryerHookup, Stacked
Heating Features: Central
Heating: Yes
Patio And Porch Features: Balcony
Road Frontage Type: CityStreet
Waterfront
Parking Features: AdditionalParking, Assigned, Gated, CommunityStructure
Security Features: BuildingSecurity, FireAlarm, FireSprinklerSystem, GatedwithGuard, SecuredGarageParking, SmokeDetectors, Item24HourSecurity
Association Amenities: GameRoom
Association Fee: 2857
Association Fee Frequency: Quarterly
Association Fee Includes: AssociationManagement, CableTV, FitnessFacility, Internet, LegalAccounting, MaintenanceGrounds, PestControl, Pools, RecreationFacilities, Sewer, Security, Trash, Water
Calculated Total Monthly Association Fees: 953
Association Name: SOP Comm Association
Pets Allowed: OwnerOnly
High School: Arnold
Middle School: Surfside
Map directionsSource Listing Status: Active
County: Bay
Directions: From Hathaway Bridge, travel West and stay in the left lane for Front Beach Road. Turn South at intersection of Front Beach Road and S. Thomas Drive. Shores of Panama is located immediately on your right before Pineapple Willy's.
Tax Year: 2023
Source Property Type: Residential
Property Subtype: condo
MLS Area Minor: 0318 - Beach - Central South
Source Neighborhood: Shores Of Panama Phase I
Parcel Number: 40000-650-350
Postal City: Panama City
Subdivision: Shores Of Panama Phase I
Zoning Description: Resid Multi-Family
Property Subtype: Condominium
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $278,759 + $unknown $278,759 | $3,289 |
| 2021 | $192,526 + $unknown $192,526 | $2,479 |
| 2020 | $195,501 + $unknown $195,501 | $2,420 |
| 2019 | $unknown + $unknown $177,557 | $2,208 |
| 2018 | $161,415 + $unknown $161,415 | $2,031 |
| 2017 | $155,975 + $unknown $155,975 | $1,789 |
| 2016 | $156,188 + $unknown $156,188 | $1,820 |
| 2015 | $156,188 + $unknown $156,188 | $1,877 |
| 2014 | $unknown + $unknown $146,200 | $1,756 |
| 2013 | $unknown + $unknown $138,125 | $1,506 |
| 2012 | $unknown + $unknown $138,975 | $1,517 |
| 2011 | $unknown + $unknown $140,000 | $1,564 |
| 2010 | $unknown + $unknown $178,500 | $2,038 |
| 2009 | $unknown + $unknown $209,610 | $2,433 |
| 2008 | $unknown + $unknown $232,900 | $2,500 |
| 2007 | $unknown + $unknown $8,398 | $87 |
$455,000
CPARMLS
Listing removed 2023-10-19
$0
CPARMLS
Price Changed 2023-09-07
$455,000
CPARMLS
Listed 2023-05-17
$470,000
CPARMLS
Sold 2022-07-14
$405,000
Public Record
Sold 2021-03-22
$283,000
CPARMLS
Sold 2019-08-09
$230,000
CPARMLS
Listed 2019-06-08
$239,000
CPARMLS
Sold 2007-09-28
$276,000
Public Record
Year Built: 2007
Construction Materials: Concrete
Entry Level: 20
Living Area Source: Appraiser
Property Age: 17
Building Total Stories: 23
House Style: HighRise
Architectural Style: HighRise
CableAvailable
HighSpeedInternetAvailable
SewerAvailable
TrashCollection
WaterAvailable
Water Source: Public
 |  |  |  |  |
 |  |  |  |  |
 |  |  |  |  |
 |  |  |  |  |
 |  |  | ||
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.