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This condominium is professionally managed by a boutique rental company and has generated $61,000 in gross annual revenue in 2023, and $42,000 so far in 2024. The unit comes fully furnished and turn-key, featuring new luxury floating LVP flooring throughout, privacy curtains, and all furniture recently updated within the past two years. This Type-N floor plan includes 1 bedroom plus a bunk area, 2 full bathrooms, in-unit laundry, and a deeded parking spot conveniently located on the 9th floor.Enjoy breathtaking sunsets from the desirable west-facing balcony, outfitted with durable Pollywood furniture, overlooking the turquoise Gulf of Mexico waters and vibrant pool scene below. The primary bedroom suite features an adjustable bed with a remote control and an orthopedic mattress. Its windows offer direct views of the Gulf on the east side of Panama City Beach. Shores of Panama Resort Condominiums are renowned for their expansive resort-style lagoon pool, complete with a hot tub and Tiki bars. Additional amenities include an indoor heated pool, spa, fitness center, sauna, steam room, and on-site shopping options. All information and HOA fees are deemed accurate but should be verified by buyers if deemed important.
This listing is maintained by Coldwell Banker Realty.
Property Details
MLS# | 756665 |
Status | Active |
Property Type | Condo |
Bedrooms | 1 |
Bathrooms | 2 full, 0 half |
H/C Sqft | 936 |
Pool | Yes |
Lot Dimensions | CONDO |
Year Built | 2007 |
Taxes | $3,794.00 in 2023 |
HOA Amount | $2,997.00 |
HOA Term | Quarterly |
Features
Interior | Breakfast Bar, Pantry, |
Appliances | Dryer, Washer Dryer Stacked, Dishwasher, Electric Oven, Electric Range, Disposal, Microwave, Refrigerator, Washer, |
Exterior | Balcony, |
Community Amenities | Barbecue, Beach, Elevator, Fitness Center, Other, Park, See Remarks, Short Term Rental Allowed, Waterfront, Pool, |
Energy | Central Air, Ceiling Fans, Electric, |
Utilities | Cable Connected, Electricity Connected, Other, Sewer Connected, Trash Collection, |
Parking | Assigned, Covered, Deeded, |
Location
Waterfront | Gulf |
Elementary School | Breakfast Point |
Middle School | Breakfast Point |
High School | Arnold |
Zip Code | 32408 |
Area | Bay County - Beach |
Sub-area | Beach - Central South |
Subdivision | Shores Of Panama |