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$675,000   Price Analysis
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9900 S Thomas Dr Unit 431
Panama City Beach, FL 32408
3 bed 3 bath 1,400 SqFt ($482/SqFt)
Built 2007
Listed 2024-04-02, HOA $1276, Taxes $4,730
USDA Eligible
near Panama City Beach, FL
 

Call your Panama City Beach

Florida Realtor and ask them to show you this wonderful high-yielding, 100% turn-key, 4th story vacation rentl! This 3 bedroom, 3 bath condo has a pleasing wrap-around private patio with a beach-front view of the emerald waters and white sands of the Gulf of Mexico. A huge bonus is a designated parking spac e on the same floor in the parking garage. This spacious, freshly painted condo is being sold fully furnished, with high-end, solid wood furnishings, completely equipped and ready for your next vacation or short-term rental guest. This condo was fully renovated with new floors, countertops and paint in 2020. Brand new water heater in 2023! The building insurance is negotiated and included in the HOA fees, so you don't have to worry about that!The full-service resort known as Shores of Panama provides a host of luxury amenities, including a lagoon style pool, two tiki bars for on-site dining and drinks and exhilarating water sports and beachfront activities.

The resort's spectacular beachfront deck with a zero-entry, lagoon-style pool, a kids' play area and a Jacuzzi to our heated indoor pool and accompanying indoor Jacuzzi provides plenty of opportunities to make a splash. Centrally located in Panama City Beach, it is directly next to Pineapple Willy's, one of the most popular pier-like beach front restaurants in Panama City Beach, Florida. Come see for yourself why this resort is one of the top destinations as a 2nd home or investment property. With proven success, this investment property can start yielding immediate income as it is already being managed by Real Joy Property Management with future reservations already in the books.


Presented by Nicole N Ludwig at
EXP Realty LLC.


Property MLS #750892 from CPARMLS

Bedrooms: 3

Total Bathrooms: 3
Full Bathrooms: 3

KitchenIsland
NewPaint
Pantry
Flooring: Plank, Vinyl

WasherDryerStacked
Dishwasher
Freezer
IceMaker
Microwave
Refrigerator
Laundry Features: Stacked

Bedroom: 12 x 15 x First
Bedroom: 12 x 12
Bedroom Level: First
Living Room Dimensions: 17 x 15
Living Room Level: First

Cooling Features: CentralAir, CeilingFans
Heating Features: Central
Heating: Yes

Balcony
Patio And Porch Features: Balcony

Gulf
Waterfront

Spa Features: Community

Lot Description: Waterfront
Lot Size Dimensions: Condo

Garage Spaces: 1
Parking Features: AdditionalParking, Garage

View: Gulf
Security Features: BuildingSecurity, FireAlarm, FireEscape, FireSprinklerSystem, SecurityGate, GatedwithGuard, SecuredGarageParking, GatedCommunity, Item24HourSecurity, SecurityGuard

Association: Yes
Association Fee: 3827
Association Fee Frequency: Quarterly
Association Fee Includes: FitnessFacility, Internet, MaintenanceGrounds, PestControl, Phone, Sewer, Trash, Water
Calculated Total Monthly Association Fees: 1276

Elementary School: Breakfast Point
High School: Arnold
Middle School: Breakfast Point

Breakfast Point Academy is a public elementary and middle school located approximately 1.9 miles away.
directions icon Map directions

J.R. Arnold High School is a public high school located approximately 2.1 miles away.
directions icon Map directions

St. Bernadette Catholic School is a private elementary school located approximately 1.4 miles away.
directions icon Map directions

Community Features: Pool, ShortTermRentalAllowed, Waterfront, Gated

Annual Tax Amount: 4731
Source Listing Status: Active
County: Bay
Directions: From the East...Turn onto W 23rd StMerge onto US-98 W1.6 miUse the right 3 lanes to turn slightly right to stay on US-98 W Pass by Taco Bell (on the right in 0.2 mi)0.4 miUse the left 2 lanes to turn slightly left onto FL-30 W/Front Beach Rd2.6 miTurn left onto S Thomas Dr.
Tax Year: 2022
Source Property Type: Residential
Property Subtype: condo
MLS Area Minor: 0318 - Beach - Central South
Source Neighborhood: Shores Of Panama Phase II
Parcel Number: 40000-675-051
Postal City: Panama City Beach
Subdivision: Shores Of Panama Phase II
Zoning Description: Resort
Property Subtype: Condominium
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$unknown + $unknown
$328,186
$4,730
2021$298,351 + $unknown
$298,351
$3,706
2020$277,047 + $unknown
$277,047
$3,361
2019$263,853 + $unknown
$263,853
$3,191
2018$261,800 + $unknown
$261,800
$3,232
2017$280,033 + $unknown
$280,033
$3,181
2016$280,033 + $unknown
$280,033
$3,239
2015$294,000 + $unknown
$294,000
$3,505
2014$unknown + $unknown
$276,250
$3,291
2013$unknown + $unknown
$254,915
$2,753
2012$unknown + $unknown
$268,800
$2,905
2011$unknown + $unknown
$289,615
$3,203
2010$unknown + $unknown
$297,500
$3,375
2009$unknown + $unknown
$455,840
$5,256
2008$unknown + $unknown
$630,700
$6,718

Listed 2024-04-02
$675,000
CPARMLS
Listing removed 2020-09-10
$0
NWFlorida
Listed 2020-08-17
$390,000
NWFlorida
Listing removed 2019-05-04
$0
CPARMLS
Listed 2019-05-03
$380,000
CPARMLS
Sold 2012-04-30
$10,804,100
Public Record
Listing removed 2010-09-02
$350,000
CPARMLS
Listed 2009-09-11
$350,000
CPARMLS

Total Square Feet Living: 1400
Year Built: 2007
Living Area Source: Appraiser
Property Age: 17
House Style: HighRise
Architectural Style: HighRise

ElectricityAvailable
PhoneAvailable
Click Thumbnail Images To View Full Size
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bedroombedroombathroom

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.