9902 S Thomas Drive Unit 1635, Panama City, FL 32408

$349,000
1
BD
2
BA

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List Price
$349,000
MLS#
791661
Bedrooms
1
Bathrooms
2
Full-baths
2
Subdivision
Laketown Wharf Phase II
Year Built
2007

Property Description

Calling all investors! This is more than just a condo -- it's an established income-producing business opportunity with a proven rental history already in place. This successful vacation rental has been professionally managed through the seller's rental company and includes a solid 3-year rental history, making it an excellent opportunity for investors seeking a turnkey property that is already generating revenue comparable to Gulf view units. Whether you're looking to expand your portfolio, invest in a beach property, or purchase an established short-term rental business, this condo offers the opportunity to step into a property that is already working for you from day one. This 1 bedroom, 2 bathroom + bunk room condo has been meticulously maintained and updated with LVP flooring, stainless steel appliances, tile backsplash. It is being offered fully furnished and is turnkey rental ready. The location on the 16th floor close to the elevators offers easy access and amazing views of the lake and fountain as well as a peek of the Gulf from your private balcony. Resort-style amenities include direct gated beach access for endless sun & surf, 5 pools including a lagoon pool & rooftop pool, Kids Funscape Playground & splash zone, Gulf-view fitness center to work out, Splash Bar & Grill - dine without leaving the resort, covered garage parking for convenience & security, 52,000 sq. ft. lakefront boardwalk with market shops and new to the property is 810 Billiards & Bowling complete with an arcade and milkshake bar - a place for social fun for all ages. In today's market, opportunities like this are about more than location -- they're about return on investment, consistent income potential, and owning a property with an established track record. Please note: all arcade 1up machines not included in sale . Contact me for rental history, income details, and more information on this exceptional investment opportunity.

Additional Information

Hoa Fee
$2,490
Hoa Fee Freq
Quarterly
Waterfront
Yes
Waterview
Gulf, Lake
Interior Features
Main Level Primary, Tub Shower
Lot Dimensions
Condo
Parking Spaces
1
Appliances
Washer/Dryer Stacked, Electric Oven, Electric Range, Electric Water Heater
Elementary School
Breakfast Point
Middle School
Breakfast Point
High School
Arnold

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Calculator source: Real Geeks

Listing courtesy of Realty One Group Emerald Coast.