Panama City Beach, FL 32408,5300 Thomas DR
Panama City Beach, FL 32408,5300 Thomas DR
Panama City Beach, FL 32408,5300 Thomas DR
Panama City Beach, FL 32408,5300 Thomas DR
Panama City Beach, FL 32408,5300 Thomas DR
Panama City Beach, FL 32408,5300 Thomas DR
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$1,610,000

$1,790,000

10.1%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

10 Beds

10 Baths

4,652 SqFt


SOLD DATE : 10/16/2024

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

Garage Driveway

Fence Fenced

Pool Private, Pool

Community Features Short Term Rental Allowed

Utilities Available Water Connected

Waterfront No

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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Listed by Scenic Sotheby's International Realty
Bought with Scenic Sotheby's International Realty
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