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8727 Thomas Drive #UNIT B1 Panama City Beach, FL 32408
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Key Details
Sold Price $499,000
Property Type Condo
Sub Type Condominium
Listing Status Sold
Purchase Type For Sale
Square Footage 1,512 sqft
Price per Sqft $330
Subdivision Sugar Beach Condominiums
MLS Listing ID 927481
Bedrooms 3
Full Baths 3
HOA Fees $726/qua
Year Built 1974
Annual Tax Amount $3,219
Tax Year 2022
Property Sub-Type Condominium
Property Description
LOWEST PRICED 3 Bed / 3 Bath condo on the ENTIRE BEACH!!! You heard that right, on the ENTIRE BEACH! And this one... it generates a significant return on investment each year based on actual rentals - NOT projections! It's time for a little needed honesty... The condo market has really slowed down a TON these past several months. Inventory is higher than it has been in several years, and to be perfectly transparent, most condos on the beach LOOSE MONEY every month! It is becoming harder and harder to find a condo that is truly a solid investment, and finding one that generates a positive return on investment can seem like finding a needle in a haystack.
Location
State FL
County Bay
Area 27 - Bay County
Rooms
Kitchen First
Exterior
Exterior Feature Balcony, BBQ Pit/Grill, Fenced Lot-All, Patio Open, Pool - House, Pool - In-Ground, Renovated, Tennis Court
Pool Community
Community Features BBQ Pit/Grill, Beach, Community Room, Dumpster, Game Room, Gated Community, Handball, Laundry, Pets Allowed, Pickle Ball, Picnic Area, Pool, Short Term Rental - Allowed, Tennis, TV Cable, Waterfront
Utilities Available Electric, Phone, Public Sewer, Public Water, TV Cable
Waterfront Description Lake,Pond
View Gulf, Gulf/Pass, Lake, Pond
Building
Water Lake, Pond
Structure Type Block,Concrete,Roof Flat,Slab,Stucco
Schools
Elementary Schools Breakfast Point
Others
Assessment Amount $2,179
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Bought with Keller Williams Success Realty