$269,900
Top of the Gulf
8817 S Thomas Dr Unit A503, Panama City Beach, FL 32408
- 0Bed
- 1Bath
- 489SqFt
- 0Bed
- 1Bath
- 489SqFt
- Property TypeCondo
- Year Built1976
- HOA Fees$482/mo
- Price per Sqft$552
- On highrises1 Day
Property Details
$54,400 in revenue June '24 - July '25: 20.16% ROI on the asking price! One of the best studio earners on the market: a money-making machine with minimal maintenance! Priced to sell! A standout investment opportunity at Top of the Gulf, this fully renovated Direct Beachfront Studio has rented incredibly well, all while requiring virtually no ongoing maintenance. Upgraded recently with new flooring, full-sized kitchen appliances in a fully-equipped kitchenette, two queen-sized memory-foam beds, a gorgeous custom-made shiplap wall plank backdrop, and a designer electric fireplace, this turnkey unit comfortably accommodates 4 guests in one of Panama City Beach's most desirable beachfront addresses. With minimal HOA fees, professional management in place, prepaid beach chairs, and long-term demand proven by consistent five-star ratings on Airbnb and VRBO, this property offers an exceptional blend of hassle-free ownership and premium rental returns. The resort features an exclusive and private beach entrance, a phenomenal pool, a game room, a gym, a gazebo, sunset decks, and much more - all while being situated in one of the most desirable locations in town. The resort is just a few steps away from the new location of the famous Tootsie's bar, which is taking over the formerly internationally renowned Spinnaker club. Moreover, St. Andrews State Park and Shell Island are just 4 miles away from the resort.
Property Features
Bedrooms
- Bedrooms: 0
Property History
Building Features
Neighborhood
Environmental Risk
Nearby Home Values
- Presented by:
- Gleb Alikhver
- state license#SL3572588
- Brokered by:
- Alikhver Realty
- (404) 933-7966
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