5300 Thomas Drive, Panama City Beach, FL 32408

$1,610,000
10
BD
10
BA

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Sold Price
$1,610,000
List Price
$1,790,000
Closing Date
Oct 16, 2024
MLS#
755937
Bedrooms
10
Bathrooms
10
Full-baths
8
Half-baths
2
Subdivision
Gulf Lagoon Beach
Year Built
2024

Property Description

Embark on an investment journey with this eye-catching duplex, where the allure of Panama City Beach comes to life. This property offers breathtaking water vistas from its upper level and a spacious layout with five bedrooms on each side, plus additional bunk rooms, totaling 10 rooms alongside two bunk areas. Perfect for accommodating various group sizes, it ensures a comfortable and memorable stay for all guests. Step outside to enjoy the exclusive pool, a serene oasis just moments from your living space. With rental income projections ranging from $260,000 to $280,000, this duplex stands out as a premier investment opportunity in a coveted locale. Positioned merely a block from several beach accesses and two blocks from the famed Schooners seafood restaurant, the location is unbeatable. The interior boasts tasteful designs and high-end finishes curated by a local interior designer, featuring durable LVP flooring, sleek stainless steel appliances, a washer/dryer set, elegant quartz countertops, smooth soft-close cabinetry, stylish tile showers, and more. Offered fully furnished as depicted, this duplex is on a rental program and already earning income!

Additional Information

Waterview
Gulf
Stories
3
Interior Features
Upper Level Primary
Lot Dimensions
74X110
Appliances
Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater
Elementary School
Patronis
Middle School
Surfside
High School
Arnold

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Calculator source: Real Geeks

Listing courtesy of Scenic Sotheby's International Realty. Selling Office: Scenic Sotheby's International Realty.