Huge price reduction! Here is your chance to own a Penthouse level Money Machine! New HVAC /Water Heater in 2019 and new LVP in 2023. This condo produces around $50000year in and year out for the last 9 years! very well managed unit MGMT willing to stay on for 17%! The front bedroom does have a door and sleeps like a two bedroom with its own full bath, very private. the living room and master both offer amazing views from the top! The best part is there is no one above you while you're enjoying the oversized balcony that runs the full length of the condo! If you are not familiar with the resort this ''C'' unit plan is the most popular in the resort. The Resort features an indoor heated pool and one of the largest Resort Pool on the Beach! There is plenty of parking in the 12 story garage so no need to spend $20000 on one. Shores of Panama is in a prime location as well just a quick walk will take you to over 10 dining options, attractions such as Wonderworks, Ripley's and 810 Billiards and Bowling right next door! The HOA covers all but the electric. Schedule a showing with your favorite realtor today!
Property Features
Bedrooms
- Bedrooms: 1
- Primary Bedroom Dimensions: 17 x 12
- Primary Bedroom Level: First
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Interior Features
- BreakfastBar
- Elevator
- HighCeilings
- SmartThermostat
- TrackLighting
Appliances
- Dryer
- Dishwasher
- ElectricOven
- ElectricRange
- ElectricWaterHeater
- Microwave
- Refrigerator
- Washer
Other Rooms
- Kitchen, LivingRoom, PrimaryBedroom
- Living Room Dimensions: 16 x 16
- Living Room Level: First
Heating and Cooling
- Cooling Features: CentralAir, CeilingFans, HeatPump
- Heating Features: Electric, HeatPump
- Heating: Yes
Kitchen and Dining
- Kitchen Dimensions: 10 x 12
- Kitchen Level: First
Exterior and Lot Features
- SprinklerIrrigation
- Road Frontage Type: CityStreet
Pool and Spa
- Pool Features: Gunite, Indoor, InGround, Waterfall, Community
Waterfront and Water Access
- Gulf
- ShorelineSand
- Waterfront
Land Info
- Lot Description: Waterfront
- Lot Size Dimensions: 0x0
Garage and Parking
- Parking Features: AdditionalParking, CommunityStructure
Home Features
- View: Gulf
- Security Features: BuildingSecurity, ClosedCircuitCameras, FireAlarm, FireSprinklerSystem, GatedWithGuard, SecuredGarageParking, SmokeDetectors, SecurityService
Homeowners Association
- Association: Yes
- Association Amenities: BeachRights
- Association Fee: 2857
- Association Fee Frequency: Quarterly
- Association Fee Includes: Clubhouse, CableTv, Insurance, Internet, LegalAccounting, PestControl, Pools, Security, Trash, Water
- Calculated Total Monthly Association Fees: 953
School Information
- Elementary School: Patronis
- High School: Arnold
- Middle School: Surfside
Amenities and Community Features
- Community Features: Barbecue, Beach, Elevator, FitnessCenter, Pool, Shopping, ShortTermRentalAllowed, Waterfront
Other Property Info
- Annual Tax Amount: 4044
- Source Listing Status: Active
- County: Bay
- Directions: Head west on front Beach go to the next redlight once you pass Wonderworks and turn left at the light the Resort is on your Right
- Tax Year: 2024
- Source Property Type: Residential
- Area: 03 - Bay County - Beach
- Property Subtype: condo
- MLS Area Minor: 0318 - Beach - Central South
- Source Neighborhood: Shores Of Panama Phase I
- Parcel Number: 40000-650-404
- Postal City: Panama City
- Property Location: Dedicated Beach, Waterfront
- Subdivision: Shores Of Panama Phase I
- Zoning Description: Resid Single Family
- Property Subtype: Condominium
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 907
- Year Built: 2007
- Construction Materials: Concrete
- Entry Level: 23
- Foundation Details: Slab
- Living Area Source: Appraiser
- Property Age: 18
- Roof: Flat
- Building Total Stories: 23
- House Style: HighRise
- Architectural Style: HighRise
Accessibility Features
- Accessibility Features: AccessibleCommonArea, AccessibleElevatorInstalled, StandbyGenerator, AccessibleDoors, AccessibleEntrance
Utilities
- CableConnected
- HighSpeedInternetAvailable