$1,610,000
$1,790,000
10.1%For more information regarding the value of a property, please contact us for a free consultation.
5300 Thomas DR Panama City Beach, FL 32408
10 Beds
10 Baths
4,652 SqFt
Key Details
Sold Price $1,610,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,652 sqft
Price per Sqft $346
Subdivision Gulf Lagoon Beach
MLS Listing ID 755937
Sold Date 10/16/24
Style Duplex
Bedrooms 10
Full Baths 8
Half Baths 2
HOA Y/N No
Year Built 2024
Annual Tax Amount $2,520
Tax Year 2023
Property Description
Embark on an investment journey with this eye-catching duplex, where the allure of Panama City Beach comes to life. This property offers breathtaking water vistas from its upper level and a spacious layout with five bedrooms on each side, plus additional bunk rooms, totaling 10 rooms alongside two bunk areas. Perfect for accommodating various group sizes, it ensures a comfortable and memorable stay for all guests. Step outside to enjoy the exclusive pool, a serene oasis just moments from your living space. With rental income projections ranging from $260,000 to $280,000, this duplex stands out as a premier investment opportunity in a coveted locale. Positioned merely a block from several beach accesses and two blocks from the famed Schooners seafood restaurant, the location is unbeatable. The interior boasts tasteful designs and high-end finishes curated by a local interior designer, featuring durable LVP flooring, sleek stainless steel appliances, a washer/dryer set, elegant quartz countertops, smooth soft-close cabinetry, stylish tile showers, and more. Offered fully furnished as depicted, this duplex is on a rental program and already earning income!
Location
State FL
County Bay
Community Short Term Rental Allowed
Area 03 - Bay County - Beach
Interior
Interior Features Kitchen Island, New Paint
Heating Central, Electric
Cooling Central Air
Furnishings Furnished
Fireplace No
Appliance Dishwasher, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator
Exterior
Exterior Feature Balcony, Sprinkler/Irrigation, Pool
Parking Features Driveway
Fence Fenced
Pool Private, Pool
Community Features Short Term Rental Allowed
Utilities Available Water Connected
View Y/N Yes
View Gulf
Roof Type Metal
Porch Balcony, Covered, Patio, Porch
Private Pool Yes
Building
Story 3
Foundation Slab
Architectural Style Duplex
Schools
Elementary Schools Patronis
Middle Schools Surfside
High Schools Arnold
Others
Tax ID 32376-020-000
Security Features Fire Sprinkler System,Smoke Detector(s)
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Other
Special Listing Condition Listed As-Is
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Bought with Scenic Sotheby's International Realty