4715 Thomas Drive Unit 202, Panama City Beach, FL 32408

Property Description

CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS Renovated 1 bedroom/2 bath condo on the beach. This condo is situated to give you spectacular views of the Gulf, especially from the master bedroom which also has access to a large balcony perfect for enjoying the scenic beach. The condo has several upgrades like new paint throughout, new butcher block countertops in the kitchen area, new microwave, new oven, new remote control blinds, new furnishings and décor, a new vanity in the bathroom, new washer and dryer, and new shiplap on walls and ceiling, which make it more appealing. Additionally, this rental property has generated $59K+ in rental revenue for 2023, approx. $32K in future rentals to convey if stay with current management, making it an excellent investment. The unit can accommodate up to 5 people, which means more rental potential, with sleeper sofa and sleeper chair. Being located on the desirable 2nd floor means you won't need to use elevators, and you can still enjoy the spectacular views. The Commodore is a gated community on the east end, near the beautiful St. Andrews state park. The complex offers a heated pool, a kiddie pool, picnic area, and shuffleboard/basketball courts. If you decide to invest in this property, you will also benefit from an outside owner's storage closet. The Commodore is a great location for anyone looking for a peaceful and serene environment with plenty of opportunities to relax and enjoy the beach. The unit has a lot of potential for rental income, making it an excellent investment opportunity.