8815 Thomas Drive Unit 201, Panama City Beach, FL 32408

$489,500
2
BD
2
BA
1,083
SqFt
List Price
$489,500
MLS#
749429
Bedrooms
2
Bathrooms
2
Full-baths
2
Sq. Ft
1,083
$/SF
$451
Subdivision
Moondrifter
Year Built
1982

Property Description

Why is this Moondrifter unit more special than most? (answer: THE BALCONY!) This is the most private balcony one can imagine with nothing but the Gulf of Mexico and the sandy beach as permanent fixtures in front of you - You do not see any other balconies from yours. Incredibly the size of the ''01'' stack balcony is close to 35 feet long x 8 feet wide. The unit itself has over 1000 square feet of heated and cooled space inside as well which includes 2 bedrooms, 2 baths, a kitchen, a dining section and a living room. Although this would be a great rental investment, it is the perfect residence as well if you want to be living a beach dream that is too good to be true. The complex has a pool, a picnic area, shuffleboard, and a tennis court. Although nothing has been set in stone, there was a news story that broke saying Tootsie's Orchid Lounge (same name as in Pier Park) would be going in the old Spinnaker Beach Club. An updated version was announced in August saying the deal was not yet finalized. Nothing is apparently concrete as of this date, but imagine the rental potential if Tootsie's (which is famous in Nashville) opens in such close proximity to this condo! Don't let this BIG FISH get away - See it to believe it! Rental Projections on previous listings claim to be over $60K if managed correctly.

Additional Information

Hoa Fee
$900
Hoa Fee Freq
Monthly
Waterfront
Yes
Waterview
Gulf
Interior Features
Breakfast Bar, WindowTreatments
Exterior Features
Balcony
Lot Dimensions
0 x 0 - condo
Appliances
Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
Elementary School
Breakfast Point
Middle School
Breakfast Point
High School
Arnold

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of ERA Neubauer Real Estate Inc.