8817 S Thomas DR #A503, Panama City Beach, FL 32408 - MLS#776776

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Found It Team

lauren.trevathan@attomdata.com +1(800) 790-7576

$269,900

Est. payment - /mo

1 Bath

489 SqFt

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UPDATED:

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 489 sqft

Price per Sqft $551

Subdivision Top Of The Gulf Condo.

MLS Listing ID 776776

Style High Rise

Full Baths 1

HOA Fees $482/mo

HOA Y/N Yes

Year Built 1976

Annual Tax Amount $2,860

Tax Year 2024

Property Sub-Type Condominium

Property Description

$54,400 in revenue June '24 - July '25: 20.16% ROI on the asking price! One of the best studio earners on the market: a money-making machine with minimal maintenance! Priced to sell! A standout investment opportunity at Top of the Gulf, this fully renovated Direct Beachfront Studio has rented incredibly well, all while requiring virtually no ongoing maintenance. Upgraded recently with new flooring, full-sized kitchen appliances in a fully-equipped kitchenette, two queen-sized memory-foam beds, a gorgeous custom-made shiplap wall plank backdrop, and a designer electric fireplace, this turnkey unit comfortably accommodates 4 guests in one of Panama City Beach's most desirable beachfront addresses. With minimal HOA fees, professional management in place, prepaid beach chairs, and long-term demand proven by consistent five-star ratings on Airbnb and VRBO, this property offers an exceptional blend of hassle-free ownership and premium rental returns. The resort features an exclusive and private beach entrance, a phenomenal pool, a game room, a gym, a gazebo, sunset decks, and much more - all while being situated in one of the most desirable locations in town. The resort is just a few steps away from the new location of the famous Tootsie's bar, which is taking over the formerly internationally renowned Spinnaker club. Moreover, St. Andrews State Park and Shell Island are just 4 miles away from the resort.

Location

State FL

County Bay

Community Barbecue, Elevator, Fitness Center, Game Room, Short Term Rental Allowed, Waterfront, Pool

Area 03 - Bay County - Beach

Interior

Interior Features Fireplace, Smart Thermostat

Heating Central

Cooling Central Air

Furnishings Furnished

Fireplace Yes

Appliance Dishwasher, Electric Oven, Electric Range, Microwave, Refrigerator

Exterior

Parking Features Parking Lot

Pool Fenced, In Ground, Pool, Community

Community Features Barbecue, Elevator, Fitness Center, Game Room, Short Term Rental Allowed, Waterfront, Pool

Utilities Available Cable Connected, High Speed Internet Available

Amenities Available Beach Rights, Game Room

Waterfront Description Gulf,Shoreline - Sand,Waterfront

View Y/N Yes

Water Access Desc Gulf,Shoreline - Sand,Waterfront

View Gulf

Roof Type Flat

Building

Lot Description Waterfront

Architectural Style High Rise

Schools

Elementary Schools Breakfast Point

Middle Schools Breakfast Point

High Schools Arnold

Others

HOA Fee Include Association Management,Internet,Maintenance Grounds,Maintenance Structure,Pool(s),Water

Tax ID 34994-203-000

Special Listing Condition Listed As-Is

Read Less Info

Listed by Alikhver Realty

Found It Homes

Agent

+1(800) 790-7576

8817 S Thomas DR #A503 Panama City Beach, FL 32408