Lower Floor Updated Gulf front Studio at the popular Shores of Panama! These are little cash cow money makers! Keep them rented all year long! Gross rentals on these units average $50k, and net $36k. You will not find a better ROI on the beach! All tile and LVT and newer mini-split HVAC system. Full kitchen w/ stainless appliances and freshly painted cabinets, Full washer and dryer make this gulf front studio a cut above other resorts in town! Very nice size balcony with Polywood furniture. Comes with a dedicated parking space on same floor! The low sq footage and the high ROI will always protect you in the future!
Property Features
Bedrooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Appliances
- Dryer
- Dishwasher
- ElectricRange
- ElectricWaterHeater
- Disposal
- Microwave
- Washer
Heating and Cooling
- Cooling Features: CeilingFans, ENERGYSTARQualifiedEquipment
Interior Features
- Door Features: InsulatedDoors
Exterior and Lot Features
- Balcony
- OutdoorGrill
- Patio And Porch Features: Balcony
Pool and Spa
- Pool Features: InGround
- Spa Features: Community
Waterfront and Water Access
Land Info
Garage and Parking
Home Features
- View: Gulf
- Security Features: SmokeDetectors, Item24HourSecurity
Homeowners Association
- Association: Yes
- Association Amenities: PicnicArea
- Association Fee: 1490
- Association Fee Frequency: Quarterly
- Association Fee Includes: AssociationManagement, Clubhouse, CableTV, FitnessFacility, LegalAccounting, PestControl, Pools, Sewer, Trash, Water
- Calculated Total Monthly Association Fees: 497
- Association Name: Self-Managed
- Pets Allowed: OwnerOnly
School Information
- Elementary School: Breakfast Point
- High School: Bay
- Middle School: Breakfast Point
Amenities and Community Features
- Community Features: Barbecue, Beach, Park, Sauna, ShortTermRentalAllowed, Waterfront
Other Property Info
- Source Listing Status: Active
- County: Bay
- Directions: Thomas drive and front beach road
- Source Property Type: Residential
- Property Subtype: condo
- MLS Area Minor: 0320 - Beach - Middle Central
- Source Neighborhood: Shores Of Panama Phase I
- Parcel Number: 40000-650-165
- Postal City: Panama City Beach
- Subdivision: Shores Of Panama Phase I
- Property Subtype: Condominium
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 473
- Year Built: 2007
- Construction Materials: Concrete
- Entry Level: 10
- Living Area Source: Plans
- Property Age: 17
- Roof: Flat
- Building Total Stories: 23
- House Style: HighRise
- Architectural Style: HighRise
Accessibility Features
- Accessibility Features: AccessibleFullBath, AccessibleBedroom
Utilities