7205 Thomas Drive Unit D303, Panama City Beach, FL 32408

$485,000
2
BD
2
BA

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List Price
$485,000
Price Change
▲ $26,000 1788304404
MLS#
786888
Status
ACTIVE
Type
Condo
Subtype
Condominium
Bedrooms
2
Bathrooms
2
Neighborhood
Beach - South of Grand Lagoon

Property Description

Dunes of Panama D303 is a renovated 2 Bedroom, 2 Bath Condo with 1,050 sq ft of space to unwind, relax and enjoy your Gulf Front condo! Direct Gulf views from the living room, dining room, kitchen, master bedroom and a balcony that runs the width of the condo! LVP floors throughout and two beautifully tiled showers! Beach front living awaits and it is ready to be utilized as a turnkey vacation rental or a second home. Currently on the Dunes of Panama Rental Program and includes a set of beach chairs already paid in full for the season! Gross rental income: 2024 $46,243, 2025 $47,987 The Dunes of Panama Resort has 1500 linear feet of sugar white sand, 3 gulf front pools (one heated), four pickle ball courts, one tennis court, free WI-FI, fitness room, shuffleboard, outdoor BBQ grills, Stingray's restaurant and gift shop and the Sneaky Tiki poolside. All Milestone report repairs are completed and ALL assessments have been paid! All dimensions and information herein are deemed reliable but should be verified by buyer. Showers, flooring, toilets and appliances replaced in 2021. Freshly painted, and new washer/dryer in 2022. New AC, guest bedroom furniture, coffee and end tables in 2024

Additional Information

Appliances
Electric Range, Electric Water Heater
Elementary School
Patronis
High School
Arnold
Interior Features
Balcony, Main Level Primary, Shower Only, Walk-In Closet(s)
Middle School
Surfside
Neighborhood
Beach - South of Grand Lagoon
Project Facilities
Barbecue, Basketball Court, Beach, Clubhouse, Conference/Meeting Room, Elevator, Fitness Center, Park, Pool, Tennis Court(s), Waterfront, Community Pool, Gated, Short Term Rental Allowed
Stories
12
Subdivision
Dunes Of Panama Phase IV
Utilities
Electricity Available, High Speed Internet Available
Waterfront
Yes
Waterview
Gulf, Water
Year Built
1982

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Calculator source: Real Geeks

Listing courtesy of Bright Realty Solutions.