9900 Thomas Drive Unit 1006, Panama City Beach, FL 32408

$275,000
1
BA

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Sold Price
$275,000
List Price
$287,000
Closing Date
Jul 11, 2024
MLS#
755437
Bathrooms
1
Full-baths
1
Subdivision
Shores Of Panama Phase I
Year Built
2007

Property Description

Lower Floor Updated Gulf front Studio at the popular Shores of Panama! These are little cash cow money makers! Keep them rented all year long! Gross rentals on these units average $50k, and net $36k. You will not find a better ROI on the beach! All tile and LVT and newer mini-split HVAC system. Full kitchen w/ stainless appliances and freshly painted cabinets, Full washer and dryer make this gulf front studio a cut above other resorts in town! Very nice size balcony with Polywood furniture. Comes with a dedicated parking space on same floor! The low sq footage and the high ROI will always protect you in the future!

Additional Information

Waterfront
Yes
Waterview
Gulf
Exterior Features
Barbecue
Appliances
Electric Range, Electric Water Heater
Elementary School
Breakfast Point
Middle School
Breakfast Point
High School
Bay

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Calculator source: Real Geeks

Listing courtesy of Emerald Coast Real Estate & Vacations LLC. Selling Office: Luxe Coastal Realty Group LLC.