9860 S Thomas Drive #UNIT 114
Panama City Beach, FL 32408
152 sqft | 1 bed | 2.00 baths | #957411
Description
Incredible Investment Opportunity! *Kitchen cabinets have been re-painted and are now white - see updated photos.* This is as turn-key as it gets as this is being sold fully-furnished! Everything you see in the photos convey including TVs/furniture/linens, etc. Seller will transfer all future bookings to buyer upon sale. 1BR/2BA Lake-view condo at the beautiful Laketown Wharf Beach Resort. This 1047 sqft unit offers spectacular lake views from the 1st floor, sitting right above the boardwalk. Gross Rental Income 2021/$33,543, 2022/$27,882, 2023/$20,757, and 2024 $18,669 through August. Rental projections are right around $30-35k/annually. (Seller has been using the condo more over the last few years for personal use and family, thus the decline in GRI).
Property Details
- InteriorBreakfast Bar, Floor Tile, Floor WW Carpet New, Furnished - Some, Kitchen Island, Lighting Track, Newly Painted, Renovated, Washer/Dryer
- Exterior FeaturesBalcony, BBQ Pit/Grill, Deck Open, Dock, Hot Tub, Patio Covered, Patio Open, Pavillion/Gazebo, Pool - Heated, Pool - In-Ground, Shower, Spr
- Community FeaturesBBQ Pit/Grill, Dock, Dumpster, Elevators, Exercise Room, Pavillion/Gazebo, Pets Allowed, Picnic Area, Pool, Short Term Rental - Allowed, T
- AppliancesDishwasher, Disposal, Dryer, Fire Alarm/Sprinkler, Microwave, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Electric, Washer
- EnergyAC - Central Elect, Heat Cntrl Electric, Water Heater - Elect
- Utility FeaturesElectric, Phone, Public Sewer, Public Water, TV Cable
- Exterior MaterialsConcrete, Foundation On Piling, Stucco
- SubdivisionLaketown Wharf Phase II
- Property ConditionConstruction Complete
- Elementary SchoolBreakfast Point
- Middle SchoolBreakfast Point
- Property SubtypeCondominium
- Hoa Fee FrequencyQuarterly
- Property TypePurchase
- Hoa Fees2310.00
- Square Feet152.00
- High SchoolArnold
- Taxes Annual$3,337
- MLS #957411
- Cost289900
- MLS #957411
- Bathrooms2.00
- Year Built2008
- Taxes Annual Year2023
- StyleN/A
- Bedrooms1
- Pool1
Location
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Last Updated: . Source: ECAR
Listing Courtesy
Listing Agent: Shantel F Peterson (#E34782), Phone: (850) 543-9000, Email: shell@dreamlifeagents.com
Listing Office: Real Broker LLC (#ERTA)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.