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8727 Thomas Drive , C21

Panama City Beach, FL 32408
  • $550,000
  • STATUS: Closed
  • ON SITE: 416 Days
  • MLS #: 740747
Sold - 08/11/2023
$550,000
SOLD - 08/11/2023
  • 2
    BEDS
  • N/A
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,086
    SQFT
  • $0
    $/SQFT
Neighborhood:
Type:
Condo
Built:
1974
County:
Bay

School Information

Elementary School:
Middle School:
High School:

Description

LOWEST ''Gulf Front'' HOA's in all of PCB!!!The savviest of Investors know how important it is to look at the total cost of ownership when looking for rental properties, and they understand how crucial HOA dues are when it comes to generating a profitable Return on Investment (ROI). This BEAUTIFULLY REMODELED unit offers everything an investor could ever need to maximize their ROI, including the lowest priced annual HOA expenses (by over $2,300) when compared to every other 2 bed / 2 bath Gulf Front unit currently available in PCB!!!If you are money minded, I'm betting I have your attention now...Maximizing rental income starts with one basic concept - maximizing ''Heads in Beds.'' And when it comes to ensuring incredible occupancy rates, this unit offers all the key amenities renters look for when booking their vacation: View, Location, Complex Amenities, and Price. VIEW: This condo is so close to the beach, you can almost feel the mist from the breaking waves while sitting on your private patio. Without using a measuring tape, I would venture to say that this unit is probably the closest to the water of all condo's currently for sale in PCB. Renters want a view, and words simply can't describe the beauty of the sights they are blessed with from the living room, dining room, and master bedroom. The views are truly unforgettable...LOCATION: After watching some of the world's most awe-inspiring sunsets from your back patio, simply head out front to experience the legendary action of Thomas Drive. If you don't want to drive to dinner, rest assured knowing that your vehicle is safely parked right outside your front door - and you don't need any vehicles to enjoy the best that PCB has to offer because of this condo's incredible location!Located on the coveted East end of the beach (considerably less traffic), there are go cart tracks, video arcades, mini golf courses, thrill rides, ice cream shops, a winery, souvenir shops, etc. - directly in front of the property.For the adults, there are numerous bars/restaurants right outside your door - including the Famous Ms. Newby's! No need to drive after those adult beverages, your condo is perfectly located just a few seconds away!!!AMMENITIES: Success in business is all about Competitive Advantage, and Sugar Beach offers something that differentiates itself from everyone else in PCB... It is one of the only PET FRIENDLY Gulf front rental destinations in the entire area. Years of market data shows that pet friendly options bring a higher nightly rate, have a better vacancy rate, and are more likely to attract ''snowbirds'' during the off season, so you have true competitive advantage with this one. In addition to being pet friendly, Sugar Beach is a private/family friendly gated community with no elevators. The list of Gulf Front complexes where you can park directly at your door are few and far between, but Sugar Beach offers exactly that!It also offers a private gated beach access, a pool, huge clubhouse with games, tennis/pickleball courts, shuffleboard, a grilling area, a huge koi/turtle pond, over 375 feet of incredible beach access, and expansive greenspace unique from every other Gulf Front property in PCB!PRICE: Last but not CERTAILY not least, renters pick their vacation condo based on price. With a low selling price, low utility costs, and the lowest HOA's of all the competition, you have less overhead which ensures that you can charge less per night (as compared to the competition), bringing in strong rentals and generating an incredible profit!

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© 2024 Central Panhandle Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Corcoran Reverie. Data last updated: 2024-06-18T09:03:54.417.
www.corcoranreverieproperties.com/homes/139035277
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8727 Thomas Drive , C21 Panama City Beach, FL 32408

  • Price: $599,800
  • Status: Closed
  • On Site: 416 Days
  • Updated: 103 min ago
  • MLS #: 740747
2
Beds
2
Baths
0
½ Baths
N/A
Acres
1,086
SQFT
$0
$/SQFT
1974
Built
Neighborhood:
Sugar Beach Condo
County:
Bay
Area:
Bay County-Beach
Elementary School:
Breakfast Point
Middle School:
Breakfast Point
High School:
Arnold
Property Description
LOWEST ''Gulf Front'' HOA's in all of PCB!!!The savviest of Investors know how important it is to look at the total cost of ownership when looking for rental properties, and they understand how crucial HOA dues are when it comes to generating a profitable Return on Investment (ROI). This BEAUTIFULLY REMODELED unit offers everything an investor could ever need to maximize their ROI, including the lowest priced annual HOA expenses (by over $2,300) when compared to every other 2 bed / 2 bath Gulf Front unit currently available in PCB!!!If you are money minded, I'm betting I have your attention now...Maximizing rental income starts with one basic concept - maximizing ''Heads in Beds.'' And when it comes to ensuring incredible occupancy rates, this unit offers all the key amenities renters look for when booking their vacation: View, Location, Complex Amenities, and Price. VIEW: This condo is so close to the beach, you can almost feel the mist from the breaking waves while sitting on your private patio. Without using a measuring tape, I would venture to say that this unit is probably the closest to the water of all condo's currently for sale in PCB. Renters want a view, and words simply can't describe the beauty of the sights they are blessed with from the living room, dining room, and master bedroom. The views are truly unforgettable...LOCATION: After watching some of the world's most awe-inspiring sunsets from your back patio, simply head out front to experience the legendary action of Thomas Drive. If you don't want to drive to dinner, rest assured knowing that your vehicle is safely parked right outside your front door - and you don't need any vehicles to enjoy the best that PCB has to offer because of this condo's incredible location!Located on the coveted East end of the beach (considerably less traffic), there are go cart tracks, video arcades, mini golf courses, thrill rides, ice cream shops, a winery, souvenir shops, etc. - directly in front of the property.For the adults, there are numerous bars/restaurants right outside your door - including the Famous Ms. Newby's! No need to drive after those adult beverages, your condo is perfectly located just a few seconds away!!!AMMENITIES: Success in business is all about Competitive Advantage, and Sugar Beach offers something that differentiates itself from everyone else in PCB... It is one of the only PET FRIENDLY Gulf front rental destinations in the entire area. Years of market data shows that pet friendly options bring a higher nightly rate, have a better vacancy rate, and are more likely to attract ''snowbirds'' during the off season, so you have true competitive advantage with this one. In addition to being pet friendly, Sugar Beach is a private/family friendly gated community with no elevators. The list of Gulf Front complexes where you can park directly at your door are few and far between, but Sugar Beach offers exactly that!It also offers a private gated beach access, a pool, huge clubhouse with games, tennis/pickleball courts, shuffleboard, a grilling area, a huge koi/turtle pond, over 375 feet of incredible beach access, and expansive greenspace unique from every other Gulf Front property in PCB!PRICE: Last but not CERTAILY not least, renters pick their vacation condo based on price. With a low selling price, low utility costs, and the lowest HOA's of all the competition, you have less overhead which ensures that you can charge less per night (as compared to the competition), bringing in strong rentals and generating an incredible profit!
Exterior Features

Architectural Style Low Rise Construction Materials Block Concrete Stucco Exterior Features Balcony Fully Fenced Outdoor Grill Porch Foundation Details Slab Frontage Length 375' Private Access Garage YN No Lot Features Landscaped Waterfront Open Parking YN Yes Other Structures Pool House Tennis Courts Patio And Porch Features Balcony Covered Patio Porch Pool Features Fenced In Ground Private Community Pool Private YN Yes Road Frontage Type City Street Road Surface Type Paved Roof Flat View Gulf Pond View YN Yes

Interior Features

Appliances Convection Oven Dryer Dishwasher ENERGYSTARQualified Appliances Electric Cooktop Electric Oven Electric Range Electric Water Heater Disposal Microwave Refrigerator Range Hood Washer Building Features Dumpster Cooling Central Air Ceiling Fans Electric Cooling YN Yes Entry Level 3 Flooring Tile Furnished Furnished Heating Central Electric Heating YN Yes Interior Features Remodeled Recessed Lighting Smart Thermostat Window Treatments Laundry Features Washer Hookup Dryer Hookup Parking Features Additional Parking Electric Gate Guest Gated Open Paved Parking Lot Rooms Patio (First Level) Full Bath (First Level) Master Bathroom (First Level) Bedroom (First Level) Kitchen (First Level) Living Room (First Level) Master Bedroom (First Level)

Property Features

Association Amenities Beach Rights Gated Picnic Area Association Fee 1584.4 Association Fee Frequency Quarterly Association Fee Includes Association Management Clubhouse Cable TV Legal Accounting Maintenance Grounds Pools Sewer Tennis Courts Trash Water Association YN Yes Buyer Financing Conventional Community Features Barbecue Beach Clubhouse Cable TV Laundry Facilities Park Pool Short Term Rental Allowed Tennis Courts Gated Sidewalks Documents Available Disclosures Floorplan Lead Based Paint Disclosure Restrictive Covenants Sellers Property Disclosure Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash Conventional FHA VALoan Lot Size Dimensions 0x0 Number Of Units In Community 119 Occupant Type Tenant Pets Allowed Yes Property Condition Updated Remodeled Property Sub Type Condominium Property Sub Type Additional Condominium Security Features Security Gate Key Card Entry Security Fence Varies By Unit Gated Community Security Lights Sewer Public Sewer Tax Annual Amount 3465 Tax Year 2022 Utilities Cable Available Electricity Available High Speed Internet Available Phone Available Sewer Available Trash Collection Water Available Yard Maintenance Water Source Public Waterfront Features Gulf Shoreline Sand Waterfront Waterfront YN Yes Zoning Description Resid Multi- Family

Central Panhandle Association of REALTORS (Panama City MLS) logo Listing provided courtesy of Beachy Beach Real Estate: (850) 233-4351. Listing information © 2024 Central Panhandle Association of Realtors MLS.


© 2024 Central Panhandle Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Corcoran Reverie. Data last updated: 2024-06-18T09:03:54.417.
 
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