***Investor Special*** in the prestigious, gated community of Bay Point. One-bedroom, one-bath condo located in Legends Villas, offering a rare opportunity to purchase at a very low price and complete a full renovation to your own design and taste. Unit currently has no kitchen or appliances and requires a total renovation, making it ideal for investors or buyers seeking a value-add project. Prime setting near water features and the first hole of the Nicklaus Golf Course. Bay Point features 24-hour security, championship golf, full-service marina, tennis courts, and is minutes to Panama City Beach, shopping, dining, and Tyndall AFB. Excellent upside potential in a highly desirable community. If you're seeking a low-entry-price renovation project with strong equity potential, this Legends Villas condo presents a compelling opportunity to buy right, renovate, and maximize returns in a premier gated community. Bring your vision and your contractor to check out this opportunity today!
Property Features
Bedrooms
- Bedrooms: 1
- Primary Bedroom Dimensions: 14' x 11'
- Primary Bedroom Level: First
Other Rooms
- Total Rooms: 2
- Living Room Dimensions: 20' x 15'
- Living Room Level: First
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Appliances
Heating and Cooling
- Cooling Features: CentralAir
- Heating Features: Electric
- Heating: Yes
Manufactured and Mobile Info
Land Info
Garage and Parking
- Parking Features: Paved, ParkingLot
Homeowners Association
- Association: Yes
- Association Amenities: Gated
School Information
- Elementary School: Patronis
- High School: Arnold
- Middle School: Surfside
Amenities and Community Features
- Community Features: Dock, Golf, Gated, Marina, Playground
Other Property Info
- Annual Tax Amount: 870
- Source Listing Status: Active
- County: Bay
- Directions: Thomas left onto Magnolia then right onto Jan Cooley then right into the 2nd guard gate.
- Tax Year: 2025
- Restrictions: NoShortTermRentals
- Source Property Type: Residential
- Area: 03 - Bay County - Beach
- List Development Name: Bay Point Condos
- Property Subtype: condo
- MLS Area Minor: 0319 - Beach - East
- Source Neighborhood: Bay Point Studio Villas Unit 2
- Parcel Number: 31416-216-000
- Postal City: Panama City
- State Region: FL
- Subdivision: Bay Point Studio Villas Unit 2
- Zoning Description: Resid Multi-Family
- Property Subtype: Condominium
Building and Construction
- Year Built: 1974
- Building Area Total: 900
- Living Area Source: Appraiser
- Property Age: 52
- Architectural Style: LowRise
Utilities
- Sewer: PublicSewer
- ElectricityAvailable
Home Features
- Security Features: SecurityGate, SecurityGuard, SecurityService