6505 Thomas 505 Drive #505A
Panama City Beach, FL 32408
1074 sqft | 2 beds | 2 baths | #770166
Description
TRUE 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 91K 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.
Property Details
- InteriorElevator, Smart Thermostat
- SubdivisionThe Summerhouse Of P.C. I
- Short SaleListed As Is
- Property SubtypeCondominium
- Pool FeaturesIn Ground
- Property TypePurchase
- Elementary SchoolPatronis
- Middle SchoolSurfside
- Exterior MaterialsBalcony
- High SchoolArnold
- Taxes Annual$4,897
- MLS #770166
- Cost493000
- MLS #770166
- ViewGulf
- Square Feet1074
- Year Built1984
- Hoa Fees1404
- CountyBay
- Bedrooms2
- Bathrooms2
- Full Baths2
- Pool1
- Days on Market (Cumulative)3
Location
Legal
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Last Updated: . Source: CPAR
Listing Courtesy
Listing Agent: Jonathan Minerick (#B10812)
Listing Office: HomeCoin.com (#HCOIN)
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