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322/9860 South Thomas Drive

Panama City Beach FL 32408

3
2
1262 sq. ft.
Condo
Currently for sale - view listing

Overview

Seeking an income-generating real estate investment? Look no further! This affordable beach condo offers stunning Gulf views and serves as a successful vacation rental with a proven rental history. Current bookings already set for 2024! Rental projections 45k-61K. This resort is located in a prime area of Panama City Beach, with private beach access and easy access to restaurants, shops, and more! Indulge in the best of both worlds with serene lake views from your private balcony and a charming Gulf view from the front bedroom window. This fully furnished, turnkey 3-bedroom, 2-bath unit comfortably accommodates up to 8 guests. The parking garage is located on the same level as the unit so no waiting on the elevators! Embrace resort life with ground-level shops, a magnificent 52,000 sqft. lakefront Boardwalk, and a mesmerizing nightly fountain & light show. Condo fees cover water, sewer, cable/TV, and pest control while granting access to an array of amenities, including gated beach access, 5 community pools (one heated year-round), a kid's playground, relaxing hot tubs, mini-golf, delightful restaurants, a fitness center, and two covered parking garages.

Features

3 bedrooms
2 bathrooms
1262 sq. ft. floor area
Condo

Property history for 322/9860 South Thomas Drive

2021
Sold
$340,000
11 Aug 2021 by Heather Fox LLC, of Beachy Beach Real Estate
2019
Sold
$198,000
12 Aug 2019 by Meghan Hall, of Keller Williams Realty SRB

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 31 reviews in Panama City Beach over the last 12 months.

Local market activity for 3 bedroom condos in Panama City Beach

In the last 12 months, 102 three-bedroom condos similar to 322/9860 South Thomas Drive, have been sold.

This represents a 2% increase in three-bedroom condos sales when compared to the previous 12 months.

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