Step into your dream beachfront investment property at the Shores of Panama! This stunning one bedroom with a separate bunk room and two full bath condo boasts breathtaking views of the Gulf of Mexico. With over $40, 000 in rentals already on the books for 2023, this condo is the perfect investment opportunity for those looking to maximize their returns. As you step inside, you will immediately notice the sleek and modern stainless steel appliances in the fully equipped kitchen. The living area is furnished with brand new furniture and coastal decor, providing a serene atmosphere to unwind after a long day at the beach. The condo has been freshly painted, creating a bright and airy ambiance throughout. The master bedroom features a comfortable king-sized bed, while the bunk room is perfect for children or guests with a large bunk beds featuring a queen on the bottom and twin on top. Enjoy your morning coffee or an evening cocktail on the private balcony, where you can soak up the stunning views of the Gulf of Mexico. Not to mention that this unit has a deeded parking space that conveys with purchase. As a guest of the Shores of Panama, you will have access to a range of amenities including a lagoon-style pool, a hot tub, a fitness center, and a spa. The property also features on-site dining options, so you can indulge in a delicious meal without having to leave the resort. Don't miss out on this amazing investment opportunity to own a luxurious beachfront condo at the Shores of Panama.
Property Features
Bedrooms
- Bedrooms: 2
- Primary Bedroom Dimensions: 14 x 12
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Interior Features
- WindowTreatments
- Flooring: Tile
Appliances
- WasherDryerStacked
- Dishwasher
- ElectricRange
- ElectricWaterHeater
- Disposal
- Microwave
- Refrigerator
- Laundry Features: WasherHookup, DryerHookup, Stacked
Heating and Cooling
- Cooling Features: CentralAir, CeilingFans
- Heating Features: Central
- Heating: Yes
Exterior and Lot Features
- Balcony
- Patio And Porch Features: Balcony
- Road Frontage Type: CityStreet
Pool and Spa
Waterfront and Water Access
Land Info
- Lot Description: Easement, Waterfront
Garage and Parking
- Garage Spaces: 1
- Parking Features: AdditionalParking, Assigned, Gated, CommunityStructure
Home Features
- View: Gulf
- Security Features: BuildingSecurity, FireAlarm, FireSprinklerSystem, GatedwithGuard, SecuredGarageParking, SmokeDetectors, Item24HourSecurity
Homeowners Association
- Association: Yes
- Association Amenities: GameRoom
- Association Fee: 2857
- Association Fee Frequency: Quarterly
- Association Fee Includes: AssociationManagement, CableTV, FitnessFacility, Internet, LegalAccounting, MaintenanceGrounds, PestControl, Pools, RecreationFacilities, Sewer, Security, Trash, Water
- Calculated Total Monthly Association Fees: 953
- Association Name: SOP Comm Association
- Pets Allowed: OwnerOnly
School Information
- Elementary School: Breakfast Point
- High School: Arnold
- Middle School: Surfside
Amenities and Community Features
- Community Features: Barbecue, Beach, CableTV, Elevator, Fitness, GameRoom, Pool, ShortTermRentalAllowed, Waterfront
Other Property Info
- Annual Tax Amount: 4579
- Source Listing Status: Active
- County: Bay
- Directions: From Hathaway Bridge, travel West and stay in the left lane for Front Beach Road. Turn South at intersection of Front Beach Road and S. Thomas Drive. Shores of Panama is located immediately on your right before Pineapple Willy's.
- Tax Year: 2023
- Source Property Type: Residential
- Property Subtype: condo
- MLS Area Minor: 0318 - Beach - Central South
- Source Neighborhood: Shores Of Panama Phase I
- Parcel Number: 40000-650-350
- Postal City: Panama City
- Subdivision: Shores Of Panama Phase I
- Zoning Description: Resid Multi-Family
- Property Subtype: Condominium
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 907
- Year Built: 2007
- Construction Materials: Concrete
- Entry Level: 20
- Living Area Source: Appraiser
- Property Age: 17
- Building Total Stories: 23
- House Style: HighRise
- Architectural Style: HighRise
Utilities
- Sewer: PublicSewer
- CableAvailable
- HighSpeedInternetAvailable
- SewerAvailable
- TrashCollection
- WaterAvailable
- Water Source: Public
