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431/9900 South Thomas Drive

Panama City Beach FL 32408

3
3
1
1400 sq. ft.
Other
Currently for sale - view listing

Overview

Investor's Dream: Turn-Key rental Machine 4th Story Vacation Rental in Shores of Panama over 55K on books till Sept 2025 on track to do same as last year. GROSSED just over 65k in 2024 Unlock the potential of high-yield returns with this stunning 3-bedroom, 3-bath condo, perfectly situated on the 4th story with same level parking of the esteemed Shores of Panama. With a captivating wrap-around private patio showcasing breathtaking beachfront views of the emerald waters and white sands of the Gulf of Mexico, this property is not just a home—it's a lucrative investment opportunity! Key Features: Fully Furnished & Ready to Rent: This spacious condo is fresh from renovations (2020), boasting new flooring, countertops, and a fresh coat of paint. Enjoy the full furnished beautifully decorated unit with solid wood furnishings throughout, making it ready for vacationers or short-term rental guests from day one. Designated Parking: Convenience is key with a dedicated parking space located on the same floor as the condo, eliminating the hassle of searching for parking. Recent Upgrades: All new Smart TVs throughout. Front loader water dryer. A brand new water heater (2023) ensures reliability for your guests, promising uninterrupted comfort throughout their stay. Experience unparalleled luxury at the Shores of Panama, where resort-style living takes center stage. Enjoy: - A stunning lagoon-style pool with a zero-entry design - Two tiki bars for on-site dining and refreshing beverages - A kids' play area for family-friendly fun - Heated indoor pool and accompanying Jacuzzi for year-round enjoyment - Close proximity to Pineapple Willy's, a beloved beachfront restaurant Prime Location: Centrally located in Panama City Beach, this condo offers direct access to local attractions, beach activities, and water sports, making it an ideal second home or investment property. Immediate Income Potential: Managed by Real Joy Property Management, this property comes with a track record of success and future reservations already in place. Start seeing immediate returns on your investment! Don't miss this incredible opportunity to own a piece of paradise that combines luxury living with solid investment potential. Schedule your viewing today and discover why Shores of Panama is a top destination for both vacationers and savvy investors.

Features

3 bedrooms
3 bathrooms
1 carspace
1 garage space
1400 sq. ft. floor area
Other

Property history for 431/9900 South Thomas Drive

2024
Sold
$600,000
08 Jul 2024 by Nicole Lane, of Royal Legacy Group
2020
Sold
$390,000
21 Dec 2020 by Stacey Hagin, of Lifes A Beach Real Estate, Llc

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

Local market activity for 3 bedroom other properties in Panama City Beach

In the last 12 months, 16 three-bedroom other properties similar to 431/9900 South Thomas Drive, have been sold.

This represents a 6% increase in three-bedroom other properties sales when compared to the previous 12 months.

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