INVESTOR ALERT!!! This beautifully maintained townhome located in the sought-after Summerplace Townhomes community in Panama City Beach is just steps away from the Gulf. This turnkey 2-bedroom, 2-bath property offers the ideal blend of coastal living and investment opportunity with projections ranging from $50-$65K per year, this makes it the ideal investment property for buyers looking for a amazing return on a property! Summerplace Townhomes is a low-density, well-kept complex with a sparkling community pool and a prime location on the east end of PCB, close to local dining, entertainment, and St. Andrews State Park. Whether you're looking for a personal beach retreat, a second home, or a lucrative short-term rental, this unit offers incredible flexibility and income potential. INVESTOR ALERT!!! This beautifully maintained townhome located in the sought-after Summerplace Townhomes community in Panama City Beach is just steps away from the Gulf. This turnkey 2-bedroom, 2-bath property offers the ideal blend of coastal living and investment opportunity with projections ranging from $50-$65K per year, this makes it the ideal investment property for buyers looking for a amazing return on a property! Summerplace Townhomes is a low-density, well-kept complex with a sparkling community pool and a prime location on the east end of PCB, close to local dining, entertainment, and St. Andrews State Park. Whether you're looking for a personal beach retreat, a second home, or a lucrative short-term rental, this unit offers incredible flexibility and income potential. With its unbeatable proximity to the beach and move-in-ready condition, Unit 129 is a rare find and a smart investment on Florida's Gulf Coast.
Property Features
Bedrooms
- Bedrooms: 2
- Bedroom 1 Dimensions: 11.0 x 13.0
- Bedroom 2 Dimensions: 10.0 x 13.0
- Bedroom 1 Level: Second
- Bedroom 2 Level: Second
Other Rooms
- Total Rooms: 4
- Family Room Dimensions: 13.0 x 15.0
- Family Room Level: First
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Appliances
Heating and Cooling
- Cooling Features: Central Air
- Heating Features: Central
- Heating: Yes
Kitchen and Dining
- Kitchen Dimensions: 8.0 x 13.0
- Kitchen Level: First
Pool and Spa
- Pool Features: Pool Type
- Pool Private: Yes
Exterior and Lot Features
- Road Frontage Type: County Road
- Road Surface Type: Paved
Garage and Parking
Homeowners Association
- Association: Yes
- Association Fee: 800
- Association Fee Frequency: Quarterly
- Calculated Total Monthly Association Fees: 267
School Information
- Elementary School: Patronis
- High School: Arnold
- Middle School: Surfside
Other Property Info
- Source Listing Status: Active
- County: Bay
- Directions: Head East on Thomas Drive. Complex is on the south side of Thomas Drive with Mariner West Condos in Front.
- Source Property Type: Residential
- Area: 27 - Bay County
- Property Subtype: townhouse
- MLS Area Minor: 2723 - Beach - South of Grand Lagoon
- Source Neighborhood: Summerplace Townhouses
- Parcel Number: 30569-680-000
- Subdivision: Summerplace Townhouses
- Zoning: Resid Multi-Family
- Property Subtype: Attached Single Unit
- Source System Name: C2C
Accessibility Features
- Access: Paved Road, County Road
Building and Construction
- Total Square Feet Living: 1292
- Year Built: 1981
- Building Area Source: County PA Records
- Building Area Total: 1292
- Property Age: 44
- Property Condition: Construction Complete
- Levels or Stories: 2
- Architectural Style: Townhome
Utilities
- Sewer: Public Sewer
- Electric
- Public Water
Home Features
- Energy: AC - Central Elect, Heat Cntrl Electric, Water Heater - Elect