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'
- Primary Bedroom Level: First
Other Rooms
- Total Rooms: 4
- Bunk Room Dimensions: 8' x 8'
- Bunk Room Level: First
- Living Room Dimensions: 16' x 16'
- Living Room Level: First
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Interior Features
- Washer/Dryer Hookup
- Flooring: Floor Tile
- Window Features: Window Treatment All
Appliances
- Dishwasher
- Disposal
- Dryer
- Microwave
- Refrigerator
- Stove/Oven Electric
- Washer
- Water Heater - Elect
Heating and Cooling
- Cooling Features: Ceiling Fans, Central Air
- Heating Features: Central
- Heating: Yes
- Ceiling Fans: Yes
Kitchen and Dining
- Kitchen Dimensions: 10' x 10'
- Kitchen Level: First
Exterior and Lot Features
Pool and Spa
Waterfront and Water Access
Garage and Parking
- Garage Spaces: 1
- Parking Features: Garage
Home Features
Homeowners Association
- Association: Yes
- Association Fee: 2858
- Association Fee Frequency: Quarterly
- Association Fee 2: 2858
- Association Fee Includes: Accounting, Ground Keeping, Internet Service, Legal, Management, Master Association, Recreational Faclty, Security, Sewer, Water, Cable TV, Trash
- Calculated Total Monthly Association Fees: 953
Multi-Unit Info
School Information
- Elementary School: Breakfast Point
- High School: Arnold
- Middle School: Surfside
Amenities and Community Features
- Community Features: BBQ Pit/Grill, Beach, Dumpster, Elevators, Exercise Room, Game Room, Pool, 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
- Area: 27 - Bay County
- Property Subtype: condo
- MLS Area Minor: 2718 - Beach - Central South
- Source Neighborhood: SHORES OF PANAMA
- Parcel Number: 40000-650-350
- Subdivision: SHORES OF PANAMA
- Property Subtype: Condominium
Building and Construction
- Total Square Feet Living: 907
- Year Built: 2007
- Building Area Source: County PA Records
- Building Area Total: 907
- Construction Materials: Concrete
- Property Age: 18
- Property Condition: Construction Complete
- Levels or Stories: 1
- Total Area Sqft: 907
Utilities
- Sewer: Public Sewer
- Electric
- Public Water
- TV Cable