Panama City Beach, FL 32408,5300 Thomas DR
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Panama City Beach, FL 32408,5300 Thomas DR
Panama City Beach, FL 32408,5300 Thomas DR
Panama City Beach, FL 32408,5300 Thomas DR
Panama City Beach, FL 32408,5300 Thomas DR

$1,610,000

Est. payment /mo

$1,790,000

10.1%
Est.Price: ?

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5300 Thomas DR Panama City Beach, FL 32408

10 Beds

10 Baths

4,652 SqFt

SOLD DATE : 10/16/2024

Key Details

Sold Price $1,610,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 4,652 sqft

Price per Sqft $346

Subdivision Gulf Lagoon Beach

MLS Listing ID 755937

Style Duplex

Bedrooms 10

Full Baths 8

Half Baths 2

Year Built 2024

Annual Tax Amount $2,520

Tax Year 2023

Property Description

Embark on an investment journey with this eye-catching duplex, where the allure of Panama City Beach comes to life. This property offers breathtaking water vistas from its upper level and a spacious layout with five bedrooms on each side, plus additional bunk rooms, totaling 10 rooms alongside two bunk areas. Perfect for accommodating various group sizes, it ensures a comfortable and memorable stay for all guests. Step outside to enjoy the exclusive pool, a serene oasis just moments from your living space. With rental income projections ranging from $260,000 to $280,000, this duplex stands out as a premier investment opportunity in a coveted locale. Positioned merely a block from several beach accesses and two blocks from the famed Schooners seafood restaurant, the location is unbeatable. The interior boasts tasteful designs and high-end finishes curated by a local interior designer, featuring durable LVP flooring, sleek stainless steel appliances, a washer/dryer set, elegant quartz countertops, smooth soft-close cabinetry, stylish tile showers, and more. Offered fully furnished as depicted, this duplex is on a rental program and already earning income!

Location

State FL

County Bay

Community Short Term Rental Allowed

Area 03 - Bay County - Beach

Interior

Heating Central, Electric

Cooling Central Air

Exterior

Exterior Feature Balcony, Sprinkler/Irrigation, Pool

Garage Driveway

Fence Fenced

Pool Private, Pool

Community Features Short Term Rental Allowed

Utilities Available Water Connected

Waterfront No

View Y/N Yes

View Gulf

Roof Type Metal

Building

Story 3

Foundation Slab

Schools

Elementary Schools Patronis

Middle Schools Surfside

High Schools Arnold

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Listed As-Is

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Listed by Scenic Sotheby's International Realty
Bought with Scenic Sotheby's International Realty

Debbie Kirkland

Broker | License ID: BK3052075

+1(850) 212-0440

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