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9900 Thomas Drive 1916
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PRICED AT ONLY: $359,000

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 dcor 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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More Like This
  • MLS#: 777822 ( Residential )
  • Street Address: 9900 Thomas Drive 1916
  • Viewed: 1
  • Price: $359,000
  • Price sqft: $396
  • Waterfront: Yes
  • Wateraccess: Yes
  • Waterfront Type: Gulf,ShorelineSand
  • Year Built: 2007
  • Bldg sqft: 907
  • Bedrooms: 1
  • Total Baths: 2
  • Full Baths: 2
  • Garage / Parking Spaces: 1
  • Days On Market: 70

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 dcor 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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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Balcony
  • Living Area: 0.00
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, 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: 0.00
  • 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, Microwave, Refrigerator
  • 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
Nearby Subdivisions
[no Recorded Subdiv]   Bay Point Golf Villas I   Bay Point Golf Villas Ii   Bay Point Golf Villas Iii   Bay Point Grand Residences   Bay Point Harbour Villas   Bay Point Studio Villas Unit 2   Bay Point Studio Villas Unit 3   Bay Point Turtlegrass Villas   Bel Air Beach Condo   Boardwalk Central   Bonita Point   Coral Reef Condo   Crescent Beach Unit 1   Dockside North   Dunes Of Panama Phase I   Dunes Of Panama Phase Ii   Dunes Of Panama Phase Iii   Dunes Of Panama Phase Iv   Dunes Of Panama Phase V   Emerald Park Condominium   Emerald Pointe Resort   En Soleil Condo   Grand Lagoon Cove Condominium   Grande Surf Club Condo   Greenwood Estates 1   Greenwood Estates 2   Greenwood Estates 5   Greenwood Estates 6   Greenwood Estates 7   Gulf Crest Condo   Hidden Dunes Condo   Hidden Lagoon   Holiday Point   Laketown Wharf   Laketown Wharf Condo   Laketown Wharf Phase Ii   Largo Mar Condo   Magnolia Bay Club   Marina Club Village   Mariner West Condo   Merrimac Resort Condo Ph 1   Misty Harbour Condo.   Moondrifter   Moonspinner Apartments   Nautical Watch Ii   Ocean Terr. Condo.   Palisades Condo Ph 1   Pelican Walk   Plazas Of St.thomas I   Princess Condo   Reflections   Regency Towers   Sand Castles Villa   Seychelles Resort Condominium   Shade Tree Condo Ph Ii   Shores Of Panama   Shores Of Panama Phase I   Shores Of Panama Phase Ii   Sterling Beach Condo   Stingray Condo.   Sugar Beach Condo   Summerhouse Condo.   Summerhouse Of P.c. 1   Summerhouse Of P.c. 3   Summerwinds Condo   Summit   Sun Seeker Condo   Sunbird Condo   Sunshine Shores Condo   Sunswept 3   The Commodore   The Summerhouse Of P.c. I   The Summit   Top Of The Gulf Condo.   Treasure Cove   Treasure Cove Condo.   Treasure Island   Treasure Island Resort   Venture Out Travel Trail   Villas At Suncrest   Villas Of St. Thomas 1   Villas Of St. Thomas 2   Villas Of St. Thomas 3   Villas Of St. Thomas 5   Watercrest Condo   Waterhaven   Whispering Seas  
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