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$475,000

Beds
4
Baths
3.0
sq ft
1,750

8727 Thomas Dr Unit A17, Panama City, FL 32408

8727 Thomas Dr Unit A17

Panama City, FL 32408

  • 5 days on market
    • Open house Sep 19
This is the LOWEST PRICED 4 Bedroom / 3 Bathroom Gulf View Condo PCB has seen - in YEARS!!!I'll bet you think I made an error when entering the price on this incredible Condo. I mean, a condo this size hasn't sold anywhere near this price in YEARS, so I had to enter the wrong price, right?!?Add to the fact that this unit has over $70k worth of brand-new hurricane doors and windows, a nearly new HVAC and hot water heater, new carpeting upstairs, new LVP flooring in several rooms, newer stainless steel kitchen appliances, and new porch coatings on the front and back... and there is no way it can be priced over $100k below the comps, right?!?What about the fact that these units have been selling in Sugar Beach for over $600k the past few years, or the fact that with just an average rental income - you could still generate an unbelievable 11%+ return on investment?!?My dog must have hit the keyboard when I was entering the price, right?!?Now, take a deep breath, relax, and rest assured that this price is FOR REAL!!!This unbelievable opportunity won't last the week, and for good reason. It offers everything an investor could ever look for. To be perfectly honest, this is the ''Unicorn'' that almost everyone wishes they could find. It is way below market value, all the big ticket items are new, it offers an ROI that you simply can't find in today's market, and it offers insane instant equity... LOTS of it! Not only do the numbers more than speak to it's value, this incredibly spacious condo is perfectly situated on the highly desirable East end of the Beach - right on the Historic Thomas Dr. Just outside your front door, you will find some of PCB's most enjoyed restaurants, attractions, nightlife, and more. Park directly at your front door (no elevators), and you will never have to touch your car again!When it is time to wind down for the evening, you will find one of the most unique greenspaces in all of PCB - right outside your 2 private balconies! Get lost in your thoughts gazing into the tranquil Koi pond, or simply take a stroll to the sugar white sands - just mere seconds from your door. With beautiful tropical landscaping, walking paths around the pond, and some of the best sunset's in town... Sugar Beach is GULF FRONT with it's own private beach access, and offers serenity unlike any other place in town.And when you add the fact that Sugar Beach has a competitive advantage over nearly every other condo in town (one of the only remaining ''Pet Friendly'' communities on the beach), it's easy to see why this ''once in a lifetime'' investment will be gone in the blink of an eye!If you are looking for the investment opportunity of a lifetime, or if you are searching for the perfect place to call home... this incredible condo proves to be unparalleled by any other in town. The blank canvas offers the perfect platform for creating a true rental machine, or for designing the most special place you will ever call home. Dream opportunities like this seldom come along, and when they do, they are gone before you know it. Call your most trusted Realtor and see this one today. Simply put... Blink, and you'll miss it!!!

Details

Property type

Condominium

Lot size

Unknown

Price per sq ft

$272

Year built

1974

Annual property taxes

$4,839

Monthly HOA fee

$1,192.06

Price History

09/13/2024
CentralPanhandle

CentralPanhandle #762609

Listed
$475,000

Schools & Community

Elementary school: 

Breakfast Point

Middle school: 

Breakfast Point

High school: 

Arnold

Community features: 

Pool, Gated, Clubhouse, Park, Tennis Court(s), Sidewalks

Number of units in community: 

119

Status: Active

Tomo last checked: 09/18/2024 at 8:50 PM

Listing updated: 09/16/2024 at 1:19 PM

Listed by: Garrett S Aune, Beachy Beach Real Estate Phone #: (850) 233-4351

MLS: CentralPanhandle #762609

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