TRUE TURNKEY short-term rental condo, beachfront, fully renovated and ready for an investor to take over. RENTAL MACHINE with NET rentals of $73K in 2024 and pacing above that for 2025. We post NET rentals, vs. industry standards to post gross, which include fees and taxes. When including those, gross rentals for this unit were +90K in 2024. Can provide receipts. The unit is almost fully booked through June and bookings could pass along to the buyer. Owner self-manages this unit plus 6 other properties in the area with excellent results all around. Owner can offer property management for the buyer if interested. Selling due to a personal situation that requires cash ASAP. Buyer to verify measurements as needed.
Property Features
Bedrooms
- Bedrooms: 2
- Primary Bedroom Dimensions: 13 x 12
- Primary Bedroom Level: First
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Interior Features
Appliances
- Dryer
- WasherDryerStacked
- Dishwasher
- ElectricCooktop
- ElectricOven
- ElectricRange
- ElectricWaterHeater
- Freezer
- IceMaker
- Microwave
- Refrigerator
- TrashCompactor
- Laundry Features: Stacked
Other Rooms
- Bedroom, Kitchen, LivingRoom, PrimaryBedroom
- Bedroom: 13.6 x 11
- Bedroom Level: First
- Living Room Dimensions: 18 x 12
- Living Room Level: First
Heating and Cooling
- Cooling Features: CentralAir
- Heating Features: Central, Electric
- Heating: Yes
Kitchen and Dining
- Kitchen Dimensions: 11.6 x 8
- Kitchen Level: First
Exterior and Lot Features
- Balcony
- Patio And Porch Features: Balcony
- Road Surface Type: Paved
Pool and Spa
Garage and Parking
- Parking Features: ParkingLot
Home Features
- View: Gulf
- Security Features: TwentyFourHourSecurity
Homeowners Association
- Association: Yes
- Association Amenities: GameRoom
- Association Fee: 1404
- Association Fee Frequency: Monthly
- Association Fee Includes: Internet, Pools, Security, Water
- Calculated Total Monthly Association Fees: 1404
School Information
- Elementary School: Patronis
- High School: Arnold
- Middle School: Surfside
Amenities and Community Features
- Community Features: ShortTermRentalAllowed
Other Property Info
- Annual Tax Amount: 4897
- Source Listing Status: Active
- County: Bay
- Directions: Right on Thomas Dr. at 6505, Beachfront building
- Tax Year: 2024
- Source Property Type: Residential
- Area: 03 - Bay County - Beach
- Property Subtype: condo
- MLS Area Minor: 0323 - Beach - South of Grand Lagoon
- Source Neighborhood: The Summerhouse Of P.C. I
- Parcel Number: 30585-649-000
- Postal City: Panama City Beach
- Subdivision: The Summerhouse Of P.C. I
- Property Subtype: Condominium
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 1074
- Year Built: 1984
- Entry Level: 5
- Living Area Source: Appraiser
- Property Age: 41
