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1635/9902 S Thomas Dr

Panama City Beach FL 32408

1
2
1
1047 sq. ft.
Condo
Currently for sale - view listing

Overview

Calling all investors! This is more than just a condo -- it's an established income-producing business opportunity with a proven rental history already in place. This successful vacation rental has been professionally managed through the seller's rental company and includes a solid 3-year rental history, making it an excellent opportunity for investors seeking a turnkey property that is already generating revenue. Whether you're looking to expand your portfolio, invest in a beach property, or purchase an established short-term rental business, this condo offers the opportunity to step into a property that is already working for you from day one. This 1 bedroom, 2 bathroom + bunk room condo has been meticulously maintained and updated with LVP flooring, stainless steel appliances, tile backsplash. It is being offered fully furnished and is turnkey rental ready. The location on the 16th floor close to the elevators offers easy access and amazing views of the lake and fountain as well as a view of the Gulf. Resort-style amenities include direct gated beach access for endless sun & surf, 5 pools including a lagoon pool & rooftop pool, Kids Funscape Playground & splash zone, Gulf-view fitness center to work out, Splash Bar & Grill - dine without leaving the resort, covered garage parking for convenience & security, 52,000 sq. ft. lakefront boardwalk with market shops and new to the property is 810 Billiards & Bowling complete with an arcade and milkshake bar - a place for social fun for all ages. In today's market, opportunities like this are about more than location -- they're about return on investment, consistent income potential, and owning a property with an established track record. Please note: all arcade 1up machines not included in sale . Contact me for rental history, income details, and more information on this exceptional investment opportunity.

Features

1 bedroom
2 bathrooms
1 carspace
1 garage space
1047 sq. ft. floor area
Condo

Property history for 1635/9902 S Thomas Dr

2022
Sold
$300,000
14 Apr 2022 by Gene Ursprung P.A., of Beach Time Realty Inc
2018
Sold
$157,990
01 Nov 2018 by Meghan Hall
2018
Sold
$157,990
01 Nov 2018 by Meghan Hall, of KELLER WILLIAMS REALTY EMERALD

Happy sellers in Panama City Beach

91%
91% of sellers in Panama City Beach reported that their sale price either exceeded or met their price expectations.

Panama City Beach stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 30 reviews in Panama City Beach over the last 12 months.

Local market activity for 1 bedroom condos in Panama City Beach

In the last 12 months, 141 one-bedroom condos similar to 1635/9902 S Thomas Dr, have been sold.

This represents a 8% increase in one-bedroom condos sales when compared to the previous 12 months.

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