Great price on this Penthouse level Rental Machine!! All Carpet has been replaced with LVP flooring! Here is your chance to own a Penthouse level condo at one of the most popular resorts on the Beach! Unit features include New HVAC /Water Heater in 2019 and new LVP in 2023. This condo produces around $50000 + per year in and year out for the last 9 years! very well managed unit MGMT willing to stay on for 17%! The front bedroom does have a door and sleeps like a two bedroom with its own full bath, very private. The living room and master both offer amazing views from the top! The best part is there is no one above you while you're enjoying the oversized balcony that runs the full length of the condo! If you are not familiar with the resort this ''C'' unit plan is the most popular in the resort. The Resort features an indoor heated pool and one of the largest Resort Pool on the Beach! There is plenty of parking in the 12 story garage so no need to spend $20000 on one. Shores of Panama is in a prime location as well just a quick walk will take you to over 10 dining options, attractions such as Wonderworks, Ripley's and 810 Billiards and Bowling right next door! Seller has paid the assessments and is motivated! The HOA covers all but the electric. Schedule a showing with your favorite realtor today!
Property Features
Bedrooms
- Bedrooms: 1
- Primary Bedroom Dimensions: 17' x 12'
- Primary Bedroom Level: First
Other Rooms
- Total Rooms: 3
- Living Room Dimensions: 16' x 16'
- Living Room Level: First
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Interior Features
- BreakfastBar
- Elevator
- HandicapAccess
- HighCeilings
- SmartThermostat
- TrackLighting
- Flooring: LuxuryVinylPlank
Appliances
- Dryer
- Dishwasher
- Microwave
- Refrigerator
- Washer
Heating and Cooling
- Cooling Features: CentralAir, CeilingFans, HeatPump
- Heating Features: Electric, HeatPump
- Heating: Yes
- Ceiling Fans: Yes
Kitchen and Dining
- Kitchen Dimensions: 10' x 12'
- Kitchen Level: First
Exterior and Lot Features
- Deck
- SprinklerIrrigation
- Patio And Porch Features: Deck
- Road Frontage Type: CityStreet
- Road Responsibility: PublicMaintainedRoad
- Deck: Yes
Pool and Spa
- Pool Features: Gunite, Indoor, InGround, Community
Waterfront and Water Access
- Gulf
- ShorelineSand
- Waterfront
Land Info
- Land Lease: No
- Lot Description: Waterfront, SprinklerSystem
- Lot Size Dimensions: 0x0
Manufactured and Mobile Info
Garage and Parking
- Parking Features: AdditionalParking, CommunityStructure
Home Features
- View: Gulf
- Security Features: BuildingSecurity, ClosedCircuitCameras, FireSprinklerSystem, GatedWithGuard, SecuredGarageParking, FireAlarm, SmokeDetectors, SecurityService
Homeowners Association
- Association: Yes
- Association Amenities: BeachRights, SpaHotTub
- Association Fee Includes: Clubhouse, CableTv, FitnessFacility, Insurance, Internet, LegalAccounting, PestControl, Pools, Security, Trash, Water
School Information
- Elementary School: Patronis
- High School: Arnold
- Middle School: Surfside
Rental Info
- Units Furnished: AllUnits
Amenities and Community Features
- Community Features: Barbecue, Beach, Elevator, FitnessCenter, Pool, Shopping, Waterfront, ShortTermRentalAllowed
Other Property Info
- Annual Tax Amount: 4044
- Source Listing Status: Active
- County: Bay
- Directions: Head west on front Beach go to the next redlight once you pass Wonderworks and turn left at the light the Resort is on your Right
- Tax Year: 2024
- Restrictions: ShortTermRentalsAllowed
- Source Property Type: Residential
- Area: 03 - Bay County - Beach
- Property Subtype: condo
- MLS Area Minor: 0318 - Beach - Central South
- Source Neighborhood: Shores Of Panama Phase I
- Parcel Number: 40000-650-404
- Postal City: Panama City
- Property Location: Dedicated Beach, Waterfront
- State Region: FL
- Subdivision: Shores Of Panama Phase I
- Zoning Description: Resid Single Family
- Property Subtype: Condominium
Building and Construction
- Year Built: 2007
- Building Area Total: 907
- Building Features: Dumpster
- Construction Materials: Concrete
- Living Area Source: Appraiser
- Property Age: 18
- Roof: Flat
- Architectural Style: HighRise
Accessibility Features
- Accessibility Features: AccessibleCommonArea, AccessibleElevatorInstalled, StandbyGenerator, AccessibleDoors, AccessibleEntrance
Utilities
- Sewer: PublicSewer
- CableConnected