$295,000
$305,000
3.3%For more information regarding the value of a property, please contact us for a free consultation.
1 Bath
473 SqFt
SOLD DATE : 09/04/2024
Key Details
Sold Price $295,000
Property Type Condo
Sub Type Condominium
Listing Status Sold
Purchase Type For Sale
Square Footage 473 sqft
Price per Sqft $623
Subdivision Shores Of Panama Phase I
MLS Listing ID 760438
Sold Date 09/04/24
Style High Rise
Full Baths 1
HOA Fees $574/qua
HOA Y/N Yes
Year Built 2007
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.
Location
State FL
County Bay
Community Barbecue, Beach, Dog Park, Elevator, Fitness Center, Other, Park, Pool, See Remarks, Short Term Rental Allowed, Waterfront
Area 03 - Bay County - Beach
Interior
Cooling Ceiling Fan(s), ENERGY STAR Qualified Equipment
Furnishings Furnished
Fireplace No
Appliance Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Washer
Exterior
Exterior Feature Built-in Barbecue, Balcony
Garage Deeded
Pool In Ground, Community
Community Features Barbecue, Beach, Dog Park, Elevator, Fitness Center, Other, Park, Pool, See Remarks, Short Term Rental Allowed, Waterfront
Utilities Available Electricity Connected
Amenities Available Picnic Area
Waterfront Description Gulf
View Y/N Yes
Water Access Desc Gulf
View Gulf
Accessibility Accessible Bedroom
Porch Balcony
Parking Type Deeded
Building
Story 23
Architectural Style High Rise
Schools
Elementary Schools Breakfast Point
Middle Schools Breakfast Point
High Schools Bay
Others
HOA Fee Include Association Management,Clubhouse,Cable TV,Internet,Legal/Accounting,Pest Control,Pool(s),Sewer,Security,Trash,Water
Tax ID 40000-650-128
Security Features Smoke Detector(s),Security Service
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Conventional
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