BEDS2
BATHS2 full
SQUARE FEET1,086
MLS#782393
STATUSActive
PROPERTY TYPEResidential - Condominium
SUBDIVISIONSugar Beach Condo
Property Description
INVESTOR'S DREAM!!! 7%+ Annual ROI based on ACTUAL average complex rentals, UNBELIEVABLE 15% ROI on the high end of rentals! This is now the LOWEST PRICED low rise 2 bedroom condo on the entire beach - meaning someone is fixing to get a steal of a deal!!! New furniture in both bedrooms, newly updated bathroom vanities and toilets, and new hurricane sliding doors and windows. Seller has owned the unit 30 years and has very seldom rented it - meaning it has been INCREDIBLY well cared for compared to the full time rentals. One of the only pet friendly complexes on the entire beach (meaning extreme competitive advantage on rentals), no elevators, no streets to cross, private 375 feet of white sandy beach access, and the absolute BEST location in town (just a few seconds to the highly anticipated new Tootsies Beach Bar, restaurants, go karts, mini golf, dining, and the best bars in town). New LVP flooring throughout has been quoted at $5k, new couch and love seat at $1,500, new appliances at $1,700, and a little paint - and this place will be COMPLETELY TRANSFORMED and ready to kill it on rentals. The needed updates have been factored into the price, and this one will be grabbed up quick with the new reduction! The next door neighbor (same views/floorplan) does over $60k a year on her unit, so needless to say, the potential at this price is UNLIMITED!!! Don't be that person that says ''I wish I would have. . . '' a few years from now. Grab this one now at an unbelievable price, make it your own for less than $9k, and enjoy the incredible income for years to come!!!
Property Features
Property Type: Residential - Condominium
Cooling: Central Air, Ceiling Fan(s)
Fenced: Yes
Heating: Central, Electric
Home Style: Low Rise
Roof Type: Flat, Membrane
Stories: 3.0
Taxes: $3,644
Year Built: 1974
Feature Descriptions
Appliances: Washer/Dryer Stacked, Electric Oven, Electric Water Heater
Association Amenities: Beach Rights, Barbecue, Picnic Area
Building Features: Dumpster
Community Features: Barbecue, Beach, Clubhouse, Laundry Facilities, Park, Pool, Tennis Court(s), Waterfront, Community Pool, Gated, Short Term Rental Allowed
Days on Site: 132
Exterior: Block, HardiPlank Type, Concrete
Laundry: Stacked
Parcel#: 30189-103-000
Parking: Electric Gate, Paved, Parking Lot, Gated
Parking Notes: Electric Gate, Paved, Parking Lot, Gated
Patio/Porch: Balcony, Covered, Patio
Pool: Fenced, In Ground, Community
Security: Closed Circuit Camera(s), Gated Community, Security Fence, Security Gate, Smoke Detector(s)
Sewer: Public Sewer
Special View Info: Other
Utilities: Cable Connected, Electricity Available, High Speed Internet Available
Waterfront: Other
Room Sizes
Other: 15 X 8 Level - First
Full Bath: 8 X 6 Level - First
Full Bath: 8 X 6 Level - First
Living Room: 21 X 13 Level - First
Kitchen: 9 X 8 Level - First
Bedroom: 13 X 12 Level - First
Primary Bedroom: 15 X 14 Level - First
Local Schools
High School: Arnold
Middle School: Breakfast Point
Elementary School: Breakfast Point
Listed By / Shown By
Listed By
Agency Name: Beachy Beach Real Estate
Shown By
Agency Title: RealtyMark
Agency Phone: 888-240-0600
Estimate Your Payment
Estimated Payment
$ 1,056.32 per month $665.44 Principal & Interest $303.67 Property Tax $87.21 Homeowner's InsuranceChange Payment Information
8727 Thomas Drive, Unit C40 | MLS# 782393
This condo located at 8727 Thomas Drive, Unit C40, Panama City, FL 32408 is currently listed for sale with an asking price of $299,000. This property was built in 1974 and has 2 bedrooms and 2 full baths with 1086 sq. ft. Thomas Drive, Unit C40 is located in the Sugar Beach Condo subdivision. Search Sugar Beach Condo real estate on www.realtymarkllc.com today.