9860 S Thomas Drive #308

Panama City Beach, FL 32408
$360,000
1262 sqft | 2 beds | 2 baths | #762913

Description

Welcome to an exceptional investment opportunity at Laketown Wharf in Panama City Beach! This captivating 2-bedroom, 2-bathroom condo, complete with an additional bunk room, offers a proven track record, generating over $47,000 in annual rental revenue. It's the perfect investment for both seasoned and new investors alike.This condo consistently delivers impressive income, making it a reliable asset for your investment portfolio. With Evolve Management handling all rental services, operations are hassle-free, ensuring you can enjoy your investment without the stress of day-to-day management.Tastefully decorated and meticulously maintained, this condo is ready for guests to enjoy. Its prime location directly across the street from the Gulf offers easy beach access and unobstructed lake views from the third floor. Guests can also take advantage of exceptional amenities, including five pools, a lakefront boardwalk, nightly fountain and light shows, a fitness center, putting green, and onsite dining options.Accommodating up to 10 guests, this condo offers two king-sized bedrooms, a bunk nook, and two sleeper sofas, making it ideal for vacationers. Recent upgrades include a new HVAC (2022),WIFI-controlled front door, Nest thermostat, front door camera, hot water heater, and more.The condo even comes with its own custom website for top-tier visibility and an established clientele, ensuring maximum rental potential. Whether you're seeking a vacation retreat or a lucrative investment property, this condo offers the best of both worlds.All information is deemed accurate but should be verified by the buyer and/or buyer's agent if important. Seize this opportunity to own a money-making machine in Panama City Beach!
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  • Interior Details
    • Interior Features
      • Interior:Breakfast Bar, Kitchen Island
    • Beds & Baths
      • Bedrooms:2
      • Bathrooms:2
      • Full Baths:2
  • Property Details
    • Property
      • View:Lake
      • Exterior materials:Balcony
    • Measurements
      • Square Feet:1262
  • Construction Details
    • Type & Style
      • Property type:Purchase
      • Style:High Rise
    • Condition
      • Year built:2008
  • Utilities / Energy Details
    • Utility
      • Utility features:Cable Connected, Electricity Connected, Sewer Connected, Water Connected
  • Community and Neighborhood Details
    • Community
      • Subdivision:Laketown Wharf
    • Location
      • Elementary School:Breakfast Point
      • Middle School:Breakfast Point
      • High School:Arnold
      • County:Bay
  • Financial Details
    • Pricing Details
      • Days on Market (Cumulative):1
      • Taxes annual:$4, 978
    • HOA
      • Hoa fees:2327.97
  • Other
    • Source
      • MLS #:762913

Location

Central Bay Realty and Property ManagementReal Estate Group
$
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Down Payment

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10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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