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9900 S Thomas Drive unit: 1916 1916, Panama City Beach, FL 32408

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For Sale

$369,000

1 beds • 2 baths • 907 sqft

Estimated Payment

$      /mo. †

APR for 30 years

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  • Condominium
    Property type

  • $406.84
    Price per square foot

  • 11-20 Years Old
    Age

  • Hot Tub Spa
    Amenities

Explore this Property

Turnkey Investment Opportunity | Shores of Panama - 1 Bedroom, 2 Bath Condo with Proven Rental History: 2023 / $43,525 2024 / $41,853 2025/$32,048 thru July.This updated and renovated 1-bedroom, 2-bath condo at Shores of Panama is a proven income producer with 3 consecutive years of strong rental history. Fully furnished and rental-ready, this property is the ideal turnkey investment for those looking to capitalize on Panama City Beach's thriving vacation rental market.The efficient floor plan comfortably accommodates guests with a private bedroom, hallway bunks, sleeper sofa, and two full bathrooms - a rare feature that enhances guest satisfaction and boosts rental demand. Recent updates, modern finishes, and tasteful decor ensure excellent guest reviews and repeat bookings.Shores of Panama remains one of the highest-demand resorts on the Gulf Coast, offering unmatched amenities including a lagoon-style beachfront pool, hot tubs, indoor pool, fitness center, on-site dining, tiki bars, and direct beach access - all major draws for vacationers.With a proven track record of income production, prime location, and resort-style amenities, this condo is a smart addition to any investment portfolio.With an acceptable offer, Seller will pay the remaining $18,000 of the special assessment currently $1200 monthly until the end of 2026.
MLS# 777822

Courtesy Of Beach Haven Realty

(770) 596-6599

Property Features

  • Age
    11-20 Years Old
  • Amenities
    Ceiling Fan, Hot Tub Spa, Security System, Security System, Water Front
  • Appliances
    Dishwasher, Microwave, Refrigerator
  • Architecture Style
    Other
  • Cooling System
    Ceiling Fan(s)

Map and Directions

Directions to 9900 S Thomas Drive unit: 1916 1916, Panama City Beach, FL 32408

Home seller CENTURY 21 Ryan Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Ryan Realty

(850) 233-7926
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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.