9900 Thomas Drive Unit 805, Panama City Beach, FL 32408

Property Description

CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS' Low Floor Updated Gulf front Studio at the popular Shores of Panama! These are little cash cow money makers! They stay rented all year long! 2023 Gross rental was $54,904. 2024 has been a phenomenal year so far. You will not find a better ROI on the beach! All tile, newer mini-split HVAC system, updated paint, furniture. Full kitchen, washer dryer, full size gulf front balcony same floor parking spot just around the corner ~ make this gulf front studio a cut above other resorts in town! Very nice size balcony overlooking gorgeous lagoon pool and the Gulf of Mexico. Comes with a dedicated parking space on same floor! The low sq footage and the high ROI will always protect you in the future! This condo is turnkey, and already on a popular rental program. Shores of Panama is a 23 story Tuscany style condominium complex in the heart of Panama City Beach, and right next door to the world-famous Pineapple Willys restaurant. Shores of Panama has unbeatable amenities, including a massive gulf side pool and hot-tub, 2 tiki bars, indoor pool, garage parking, and a fitness center. Listing agent is related to the seller.