9900 S Thomas Drive #1916
Panama City Beach, FL 32408
907 sqft | 1 bed | 2 baths | #777822
Description
Turnkey Investment Opportunity | Shores of Panama - 1 Bedroom, 2 Bath Condo with Proven Rental History: 2023 / $43,525 2024 / $41,853 2025/$32,048 thru July.This updated and renovated 1-bedroom, 2-bath condo at Shores of Panama is a proven income producer with 3 consecutive years of strong rental history. Fully furnished and rental-ready, this property is the ideal turnkey investment for those looking to capitalize on Panama City Beach's thriving vacation rental market.The efficient floor plan comfortably accommodates guests with a private bedroom, hallway bunks, sleeper sofa, and two full bathrooms - a rare feature that enhances guest satisfaction and boosts rental demand. Recent updates, modern finishes, and tasteful decor ensure excellent guest reviews and repeat bookings.Shores of Panama remains one of the highest-demand resorts on the Gulf Coast, offering unmatched amenities including a lagoon-style beachfront pool, hot tubs, indoor pool, fitness center, on-site dining, tiki bars, and direct beach access - all major draws for vacationers.With a proven track record of income production, prime location, and resort-style amenities, this condo is a smart addition to any investment portfolio.With an acceptable offer, Seller will pay the remaining $18,000 of the special assessment currently $1200 monthly until the end of 2026.
Property Details
- Pool FeaturesIn Ground, Pool, Community
- SubdivisionShores Of Panama
- Utility FeaturesCable Connected
- Elementary SchoolBreakfast Point
- Middle SchoolBreakfast Point
- Sewer InformationPublic Sewer
- Short SaleListed As Is
- Property SubtypeCondominium
- StyleHigh Rise
- Property TypePurchase
- Original List Price$369,000
- Exterior MaterialsBalcony
- Hoa Fees3241.61
- High SchoolArnold
- Taxes Annual$4,498
- MLS #777822
- Cost369000
- MLS #777822
- ViewGulf
- Year Built2007
- Square Feet907
- CountyBay
- Bedrooms1
- Bathrooms2
- Full Baths2
- Pool1
- Parking Spaces1
- Days on Market (Cumulative)1
Location
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Last Updated:Â . Source: CPAR
Listing Courtesy
Listing Agent: Scott Suber (#B3266)
Listing Office: Beach Haven Realty (#BHR1)
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