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10625 Front Beach Road #UNIT 505 Panama City Beach, FL 32407
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Key Details
Sold Price $283,000
Property Type Condo
Sub Type Condominium
Listing Status Sold
Purchase Type For Sale
Square Footage 1,146 sqft
Price per Sqft $246
Subdivision Ocean Villa Condo
MLS Listing ID 752951
Bedrooms 2
Full Baths 2
HOA Fees $486/mo
Year Built 2006
Annual Tax Amount $2,475
Tax Year 2015
Property Sub-Type Condominium
Property Description
Incredible investment with positive cash flow! This beautiful 2-bedroom, 2-bath Gulf front unit is a phenomenal rental property bringing in $43,000+* annually, which is very rare for a 2BR in Panama City Beach (*After cleaning fees & taxes, rental income is $36,144.79). The unit is being sold fully furnished & decorated and sleeps 8. Interior features include raised ceilings, crown molding, Gulf front master bedroom and an open floor plan. There are granite countertops in the kitchen and the master bathroom has been upgraded with a custom walk-in shower. The curved balcony is accessed from the living area and is very spacious totaling 271 feet overlooking the Gulf of Mexico. Being on a desirable lower floor, you are close enough to hear the waves!
Location
State FL
County Bay
Area 27 - Bay County
Rooms
Kitchen First
Exterior
Exterior Feature Balcony
Parking Features Covered, Garage
Pool Community
Community Features BBQ Pit/Grill, Beach, Elevators, Exercise Room, Pavillion/Gazebo, Pool, Sauna/Steam Room, TV Cable, Waterfront
Utilities Available Electric, Public Sewer, Public Water, TV Cable
Waterfront Description Gulf
View Gulf
Building
Story 1.0
Water Gulf
Structure Type Foundation On Piling,Steel,Stucco
Schools
Elementary Schools Hutchinson Beach
Others
Assessment Amount $486
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Bought with ResortQuest Real Estate