- MLS#: 770166 ( Residential )
- Street Address: 6505 Thomas 505 Drive 505a
- Viewed: 27
- Price: $493,000
- Price sqft: $0
- Waterfront: Yes
- Wateraccess: Yes
- Waterfront Type: SeeRemarks
- Year Built: 1984
- Bldg sqft: 0
- Bedrooms: 2
- Total Baths: 2
- Full Baths: 2
- Days On Market: 90
- Additional Information
- Geolocation: 30.1525 / -85.7681
- County: BAY
- City: Panama City Beach
- Zipcode: 32408
- Subdivision: The Summerhouse Of P.c. I
- Building: The Summerhouse Of P.c. I
- Elementary School: Patronis
- Middle School: Surfside
- High School: Arnold
- Provided by: HomeCoin.com
- DMCA Notice
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DescriptionTRUE 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.
- Principal & Interest -
- Property Tax $
- Home Insurance $
- HOA Fees $
- Monthly -
Apply Now- Covered Spaces: 0.00
- Exterior Features: Balcony
- Living Area: 1074.00
- High School: Arnold
- Middle School: Surfside
- School Elementary: Patronis
- Garage Spaces: 0.00
- Open Parking Spaces: 0.00
- Parking Features: ParkingLot
- Pool Features: Community, InGround, Pool
- Carport Spaces: 0.00
- Cooling: CentralAir
- Heating: Central, Electric
- Association Amenities: GameRoom
- Home Owners Association Fee Includes: Internet, Pools, Security, Water
- Home Owners Association Fee: 1404.00
- Insurance Expense: 0.00
- Net Operating Income: 0.00
- Other Expense: 0.00
- Pet Deposit: 0.00
- Security Deposit: 0.00
- Tax Year: 2024
- Trash Expense: 0.00
- Appliances: Dryer, WasherDryerStacked, Dishwasher, ElectricCooktop, ElectricOven, ElectricRange, ElectricWaterHeater, Freezer, IceMaker, Microwave, Refrigerator, TrashCompactor
- Furnished: Furnished
- Interior Features: Elevator, SmartThermostat
- Legal Description: THE SUMMER HOUSE OF P.C. ONE CONDO UNIT 505 2BR 2B 1015 H&C ORB 978 P 1178 . ORB 3979 P 1819
- Area Major: 03 - Bay County - Beach
- Occupant Type: Tenant
- Parcel Number: 30585-649-000
- The Range: 0.00
- Unit Number: 505A
- View: Gulf
- Views: 27
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