BEDS4
BATHS3 full
SQUARE FEET1,750
MLS#797357
STATUSActive
PROPERTY TYPEResidential - Condominium
SUBDIVISIONSugar Beach Condo
Property Description
Over $90k annually in ACTUAL rentals. . . Incredible ROI and CAP rates. . . Completely Remodeled. . . LOWEST PRICED 4-bedroom Condo you will find that offers everything an investor could dream of - and so much more! Sugar Beach is perfectly located right in the heart of the most desirable location on Thomas Drive. Everything a renter could ever want is right outside their door, and that is exactly why this absolutely gorgeous unit blows away the competition when it comes to rental income. The beach's best restaurants, the area's most iconic bars, the town's most recognizable attractions, and the world's most beautiful beaches. . . a better location simply doesn't exist! Being pet friendly for renters offers a distinct advantage over almost every other complex on the beach, and the truly unique greenspace offers a tranquil Coy and Turtle pond that simply can't be found this close to the sand anywhere else in town. And with the entire complex being newly updated, the milestone inspection being passed with flying colors, and the association actually LOWERING the HOA dues this year, it is easy to see why Sugar Beach is one of the most sought-after communities in the Panhandle. And the condo itself. . . Absolutely gorgeous. Every inch has been remodeled inside and out with high end coastal flare, and the beach views are beyond breathtaking. With parking directly outside your door, 2 private patios overlooking the peaceful courtyard and beach, and enough room to sleep up to 12 people comfortably, this rental beast is truly unlike the others. And with the next closest comp being priced over $150k more, blink and you will likely miss this truly one-of-a-kind investment opportunity!
Property Features
Property Type: Residential - Condominium
Cooling: Central Air, Ceiling Fan(s)
Heating: Central
Home Style: Low Rise
Roof Type: Flat, Membrane
Stories: 3.0
Taxes: $6,547
Year Built: 1974
Amenities
Interior Steps
Smart Thermostat
Tub Shower
Upper Level Primary
Feature Descriptions
Appliances: Electric Oven, Electric Water Heater
Association Amenities: Beach Rights, Game Room, Gated, Barbecue
Building Features: Dumpster
Community Features: Barbecue, Beach, Clubhouse, Conference/Meeting Room, Game Room, Laundry Facilities, Park, Pool, Tennis Court(s), Waterfront, Community Pool, Gated, Short Term Rental Allowed
Door Features: Storm Door(s)
Exterior: Block, HardiPlank Type, Concrete
HOA Fee: 3238.9/ Quarterly
Lot: Paved
Parcel#: 30189-008-000
Parking: Gated, Parking Lot
Parking Notes: Gated, Parking Lot
Patio/Porch: Balcony, Covered, Patio
Pool: In Ground, Community
Security: Closed Circuit Camera(s), Gated Community,24 Hour Security, Security Lights, Security Gate, Smoke Detector(s)
Sewer: Public Sewer
Special View Info: Gulf, Other, Water
Utilities: Cable Connected
Waterfront: Other, Shoreline - Sand
Window: Storm Window(s)
Room Sizes
Primary Bathroom: 7 X 7 Level - Second
Full Bath: 11 X 7 Level - Second
Full Bath: 11 X 7 Level - First
Kitchen: 11 X 8 Level - First
Living Room: 26 X 14 Level - First
Bedroom: 11 X 10 Level - First
Bedroom: 12 X 14 Level - Second
Bedroom: 11 X 10 Level - Second
Primary Bedroom: 16 X 14 Level - Second
Local Schools
High School: Arnold
Middle School: Breakfast Point
Elementary School: Breakfast Point
Listed By / Shown By
Listed By
Agency Name: Beachy Beach Real Estate
Shown By
Agent Name: Steve Strano
Agent Phone: (850) 517-6129
Agency Title: Premier Property Group
Estimate Your Payment
Estimated Payment
$ 2,156.61 per month $1,424.36 Principal & Interest $545.58 Property Tax $186.67 Homeowner's InsuranceChange Payment Information
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8727 Thomas Drive , Unit A7 | MLS# 797357
This condo located at 8727 Thomas Drive , Unit A7, Panama City, FL 32408 is currently listed for sale with an asking price of $640,000. This property was built in 1974 and has 4 bedrooms and 3 full baths with 1750 sq. ft. Thomas Drive , Unit A7 is located in the Sugar Beach Condo subdivision. Search Sugar Beach Condo real estate on stevestrano.premierfl.com today.