Panama City Beach Real Estate Search

Panama City Beach Homes for Sale

Newest Panama City Beach Homes for Sale

$389,000
2 Beds 2 Baths 908854 MLS Sugar Beach T/H BLDG.
LOWEST PRICED GULF VIEW 2 BED / 2 BATH CONDO IN PCB!!!Investors DREAM! Check out the ROI numbers below!Sugar Beach is a treasured community where time stands still and lifelong memories are made with family and friends!The serene gulf views from the Master Bedroom, Living Room, Dining Room, and Balcony are truly awe inspiring, and the world-renowned action of Thomas Drive can easily be experienced from your 3rd floor front balcony.2 bed/2 bath condos in Sugar Beach are true rental machines, and this one is sure to be no exception. Both bathrooms boast beautiful dark accent granite countertops, new vanities ready to be installed (if desired), and the designer tile flooring in all rooms (except bedrooms) are perfect for ensuring the unit is always ready made for beach going renters. The owners love the relaxing coastal decor and laid back "beachy" vibes, but understand that the new owners will have exciting ideas on how they will customize it to match their vision of paradise. The list price was thoughtfully determined to ensure the new owners have ample opportunity to make it the perfect home for themselves - while still ensuring that it is an incredible investment that pays dividends for years to come! Choose one, or choose all... Here are some estimated potential upgrade costs: 1. LVP Flooring through entire condo: $4,000 2. Stainless Fridge: $700 3. Stainless Stove: $700 4. Stainless Dishwasher: $400 5. 2 Panel Door Replacements for bedrooms and bathrooms: $400 6. Remove Wallpaper and Paint Entire Condo: $1,600 7. Custom shower in 1, new shower door in the other: $8,000 8. New Bedroom and Patio Furniture: $5,000 TOTAL FOR A BRAND NEW CUSTOM INTERIOR: $20,800 The unit comes fully furnished and is rental ready, but should you choose to redo everything listed above, you are only $409,800 invested, everything is new and exactly as you like it, and you are still $20k lower than the next comparable condo for sale, and your unit is comparable to condo immediately next door that has brought in $81k in rentals this year!. At these numbers... your annual ROI is well over 30% - which is unheard of nowadays! Now you can see... this one is a steal at this price!!! Sugar Beach has everything you could ask for to ensure enormous rental income. It is one of the few remaining pet friendly vacation destinations in PCB - which is a HUGE amenity for renters (giving you a truly competitive advantage). Gated community, no elevators, park directly at your door, private gated beach access, pool, tennis, shuffleboard, grilling area, huge koi/turtle pond right out your back door, countless nearby restaurants/activities, and the list goes on! Banks offer less than a 1% annual ROI, and stocks and crypto values have been declining. On a financed purchase, enjoy an UNBELIEVABLE 4-36% annual ROI with this amazing investment opportunity! (% is fully dependent on owner's rental approach) Welcome home to Paradise!!! *Low quarterly HOA Fees include water, trash, cable, exterior insurance, grounds keeping, 24 hour video surveillance, community amenities (pool, tennis court x 2, shuffleboard, Koi pond, community room/kitchen, ping pong), on site maintenance 8 hours daily, onsite property management Mon-Fri, and private gated beach access. *Measurements are approximate, buyer to verify if needed*

8727 Thomas Drive Unit #C34, Panama City Beach

Listing courtesy of Beachy Beach Real Estate.

Vendor Member Number : 28166