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    8730 Thomas Drive , #409

    Panama City Beach, FL 32408
    • $299,900
    • STATUS: Pending
    • ON SITE: 67 days
    • MLS #: 707487
    Pending
    UPDATED: 69 min ago
    $299,900
    • 3
      BEDS
    • N/A
      ACRES
    • 3
      BATHS
    • 0
      1/2 BATHS
    • 1,322
      SQFT
    • $227
      $/SQFT
    Neighborhood:
    Type:
    Condo
    Built:
    1984
    County:
    Bay

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    Water front Villa with Gulf access. Upstairs has a very large master bedroom with a sitting area to be able to enjoy the beautiful views of the Lagoon. Master bath has a double sink vanity and a walk -in-closet. The 3rd bedroom is located on this floor as well. Living Room/Dining area combo; Breakfast bar; lots of closets for storage; Bedroom & full bath downstairs; . Vaulted ceilings upstairs; Condo has a beautiful view of Grand Lagoon. Excellent resort or long term rental potential. Located in a community less than a block from the beach & public beach access. Community pool, tennis courts & dock. Hop in your boat & get to the bay & the gulf in minutes; very convenient to entertainment, restaurants, beaches, shopping, & navy base. All info & measurements should be verified if important.Unit 401 below just closed for $319k.... Info from the Seller regarding Rental History: Hey Jim- Double sword question since we've had this place 2 years and last year was Covid stricken. So numbers would've been extremely better.... Based off of 2019-2020 Here's what I did-Vacation rental with Airbnb (during spring-summer this has the Max potential) average earnings $26,800 Sept-March (we catered to snowbird rental month to month with a boat) $2800 monthly (they had a pet) $16,800 $43-$50k+++ if they maximize using property managers or go strictly Vacation rental not renters.... So depends how aggressive they are marketing the condo. You can make a lot more. HOA-owners have access to pool, indoor community room, tennis, boat dock, parking trailer, 2 owner parking passes, sauna, bbq area. Monthly Meetings and have the opportunity to be part of the board. Zoom call meeting with all owners monthly. Free wifi- StThomas. I believe water is part of the HOA. I have subscription for the Kaba Lock maintenance and services. Also for AC maintenance they can take over all of them. Have a great day, Imee The HOA is in-charge of all the Windows and it's going through mitigation with lawyers...it's been an ongoing process but they will be replacing...when? We are waiting could be this Summer once the insurance company agrees on renovations. More news on that with the HOA meetings. All owners can attend. Gulf electric - depends on how busy your unit is... I average about $160-190 depending on use. Also AC I keep it at 76 to regulate and conserve energy when know one is there.

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    © 2021 Central Panhandle Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Counts Real Estate Group. Data last updated: 2021-04-14T18:04:11.96.
    www.countson30a.com/homes/113996230
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    8730 Thomas Drive , #409 Panama City Beach, FL 32408

    • Price: $299,900
    • Status: Pending
    • Updated: 69 min ago
    • MLS #: 707487
    3
    Beds
    3
    Baths
    0
    ½ Baths
    N/A
    Acres
    1,322
    SQFT
    $227
    $/SQFT
    1984
    Built
    Neighborhood:
    Villas Of St. Thomas 4
    County:
    Bay
    Area:
    Bay County-Beach
    Elementary School:
    Breakfast Point
    Middle School:
    Surfside
    High School:
    Arnold
    Property Description
    Water front Villa with Gulf access. Upstairs has a very large master bedroom with a sitting area to be able to enjoy the beautiful views of the Lagoon. Master bath has a double sink vanity and a walk -in-closet. The 3rd bedroom is located on this floor as well. Living Room/Dining area combo; Breakfast bar; lots of closets for storage; Bedroom & full bath downstairs; . Vaulted ceilings upstairs; Condo has a beautiful view of Grand Lagoon. Excellent resort or long term rental potential. Located in a community less than a block from the beach & public beach access. Community pool, tennis courts & dock. Hop in your boat & get to the bay & the gulf in minutes; very convenient to entertainment, restaurants, beaches, shopping, & navy base. All info & measurements should be verified if important.Unit 401 below just closed for $319k.... Info from the Seller regarding Rental History: Hey Jim- Double sword question since we've had this place 2 years and last year was Covid stricken. So numbers would've been extremely better.... Based off of 2019-2020 Here's what I did-Vacation rental with Airbnb (during spring-summer this has the Max potential) average earnings $26,800 Sept-March (we catered to snowbird rental month to month with a boat) $2800 monthly (they had a pet) $16,800 $43-$50k+++ if they maximize using property managers or go strictly Vacation rental not renters.... So depends how aggressive they are marketing the condo. You can make a lot more. HOA-owners have access to pool, indoor community room, tennis, boat dock, parking trailer, 2 owner parking passes, sauna, bbq area. Monthly Meetings and have the opportunity to be part of the board. Zoom call meeting with all owners monthly. Free wifi- StThomas. I believe water is part of the HOA. I have subscription for the Kaba Lock maintenance and services. Also for AC maintenance they can take over all of them. Have a great day, Imee The HOA is in-charge of all the Windows and it's going through mitigation with lawyers...it's been an ongoing process but they will be replacing...when? We are waiting could be this Summer once the insurance company agrees on renovations. More news on that with the HOA meetings. All owners can attend. Gulf electric - depends on how busy your unit is... I average about $160-190 depending on use. Also AC I keep it at 76 to regulate and conserve energy when know one is there.
    Exterior Features

    Design Low-Rise (1-3 Floors) Driveway Spaces 2.00 Exterior Features Bbq Pit/GrillBulkhead/SeawallDockFenced Lot-AllHot TubPoolRenovated Lot Access Controlled AccessPaved Road Lot Dimensions Condo Lot Features CornerCovenantsNear Beach AccessNear Public Boat RampRec SubdivRestrictionsSidewalkWaterfrontWithin 1/2 Mile To Water Parking Features Additional ParkingBoatDecal RequiredParking LotPaved Pool Desc EnclosedFencedHeated - ElectricSaltwater Water View Lagoon Waterfront Yes Waterfront Feature Shore - Seawall Waterfront Type Lagoon W/ Gulf Access

    Interior Features

    Bath Master Second Baths Full FirstSecond Bedroom Additional FirstSecond Bedroom Master Second Furnished Furnished - All Interior Features Breakfast BarCeiling Crwn MoldingCeiling VaultedLighting RecessedNewly PaintedOwner's ClosetPantry Kitchen First Living Room First Master Bedroom Bath Mbath Double VanityMbath Shower/Tub ComboMbed Waterfront Rooms BedroomFull BathroomKitchenLiving RoomMaster BathroomMaster Bedroom

    Property Features

    As Is Yes Community Resort St. Thomas Square Condo Doc Yes Construction Status Construction Complete Energy Ac - Central ElectCeiling FansHeat - Central ElectricWater Heater - Electric Fees Include AccountingAdvertisingBbq Pit/GrillDockDumpsterLegalLicenses/PermitsPest ControlPool Financing CashConventional Hoa Amount 631.00 Hoa Fee Yes Hoa Frequency Monthly Immediate Occupancy Yes Present Zoning Resid Multi-Family Sale Type As Is Special List Prov Home Owners AssociationImmediate Occupancy Sq Ft Source Prop App Site Utilities Community SewerCommunity WaterElectricGarbagePest ControlPhoneTv CableWater - Available

    Listing provided courtesy of Coastal Sun Realty Llc. Listing information © 2021 Central Panhandle Association of Realtors MLS.


    © 2021 Central Panhandle Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Counts Real Estate Group. Data last updated: 2021-04-14T18:04:11.96.
     
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    5231 E. Co. Hwy 30A, Suite 100
    Santa Rosa Beach FL, 32459