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Wade M. Berlin

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9900 Thomas Drive 1916
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PRICED AT ONLY: $369,000

Address: 9900 Thomas Drive 1916, Panama City Beach, FL 32408

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.
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  • MLS#: 777822 ( Residential )
  • Street Address: 9900 Thomas Drive 1916
  • Viewed: 6
  • Price: $369,000
  • Price sqft: $0
  • Waterfront: Yes
  • Wateraccess: Yes
  • Waterfront Type: Gulf,ShorelineSand
  • Year Built: 2007
  • Bldg sqft: 0
  • Bedrooms: 1
  • Total Baths: 2
  • Full Baths: 2
  • Garage / Parking Spaces: 1
  • Days On Market: 21
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Balcony
  • Living Area: 907.00
School Information
  • High School: Arnold
  • Middle School: Breakfast Point
  • School Elementary: Breakfast Point
Garage and Parking
  • Garage Spaces: 1.00
  • Open Parking Spaces: 0.00
  • Parking Features: Attached, Garage, CommunityStructure
Eco-Communities
  • Pool Features: InGround, Pool, Community
Utilities
  • Carport Spaces: 0.00
  • Cooling: CentralAir, CeilingFans
  • Heating: Central
  • Sewer: PublicSewer
  • Utilities: CableConnected
Amenities
  • Association Amenities: BeachRights, Gazebo, Sauna, SpaHotTub
Finance and Tax Information
  • Home Owners Association Fee Includes: Clubhouse, CableTv, FitnessFacility, Internet, MaintenanceGrounds, PestControl, Pools, Sewer, Security, Trash, Water
  • Home Owners Association Fee: 3241.61
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Pet Deposit: 0.00
  • Security Deposit: 0.00
  • Tax Year: 2024
  • Trash Expense: 0.00
Other Features
  • Appliances: Dishwasher, ElectricOven, ElectricWaterHeater, Microwave, Refrigerator
  • Entry Level: 19
  • Furnished: Furnished
  • Legal Description: SHORES OF PANAMA PHASE I UNIT 1916 TYPE C(R) ORB 3340 P 1590 19TH FLOOR 1BD/2BR ORB 4400 P 762 907 SQ FT ORB 4400 P 763 PARKING SP# 1053
  • Area Major: 03 - Bay County - Beach
  • Occupant Type: Tenant
  • Parcel Number: 40000-650-337
  • Style: HighRise
  • The Range: 0.00
  • Unit Number: 1916
  • View: Gulf
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Contact Info

  1. The Real Estate Professional You Deserve
  2. Mobile: 904.248.9848
  3. phoenixwade@gmail.com
Wade M. Berlin