5012 Gulf Drive, Panama City Beach, FL 32408
$1,350,713
Property Type:
Residential
Bedrooms:
8
Baths:
8
Square Footage:
3,500
Status:
Sold
Current Price:
$1,350,713
List Date:
7/04/2023
Last Modified:
10/24/2024
Overview
Description
Listing Details MLS# 743536
Contract Info
- List Price/SqFt
- 398.57
Location
- Area
- 03 – Bay County – Beach
- Street #
- 5012
- Street Name
- Gulf
- Street Suffix
- Drive
- State
- FL
- Zip Code
- 32408
- County
- Bay
- Sub Area
- 0323 – Beach – South of Grand Lagoon
- Subdivision
- No Named Subdivision
- Community/Resort
- None
- Waterfront
- No
- Parcel ID
- 32256-040-000
- Elementary School
- Patronis
- Middle School
- Surfside
- High School
- Arnold
- Directions
- Thomas Drive between Treasure Island and Seychelles
- Legal Description
- GULFSIDE CONDO APT 4 ORB 494 P 370 2BR 2B 688 H&C ORB 4469 P 2360 .
General Property Info
- Sub-Type
- Quadplex Multi-Units
- Design
- N/A
- Apx SqFt(Htd/Cooled)
- 3500
- SqFt Source
- Owner Measured
- Full Baths
- 8
- Total Baths
- 8
- # of Stories in Building
- 2
- # of Units in Bldg
- 4
- Year Built
- 1973
- Construction Status
- Construction Complete
- Garage Y/N
- No
- Lot Dimensions
- 112×80
Status Change Info
- Under Contract Date
- 2023-07-07
- Sold Date
- 2023-08-11
- Sold Price/SqFt
- 385.92
Listing Info, Tax and Legal
- HOA Fee
- No
- New Buyer Fee
- No
- Last Taxes
- 2800
- Last Tax Year
- 2022
- Brokerage Interest
- No Interest
Remarks & Misc
- Remarks
- ***Multiple offers. Highest and best due by 5pm July 6*** Short term quadplex located across the street from the beach and public access. This multifamily complex has a pool and NO HOA. Each of the four units features 2 bedrooms and 2 full baths. Turn key rental machine. Construction is all brick with 2 layers of elastomeric stucco and elastomeric paint. Roof is 2019 and metal composite shingle. All water heaters replaced in 2021. Windows and doors were replaced under current ownership. Floors have all been updated to LVP with thicker rubber backing. Parking lot features 10 spots, 2 per unit, and two extra for vendors or overflow. Property is very low maintenance having no grass or need for lawn service. Financials available upon request. This is the opportunity to own your own condo complex and avoid rising HOA fees and assessments.
More Information
Pool Features
- Inground
- Yes
Furnished
- Furnished
- Yes
Rooms
- Bedroom
- Yes
Utilities
- All Utilities
- Yes
Waterview
- Gulf
- Yes
Bedroom
- First
- Yes
- Second
- Yes
Property Features
Bedroom:
First; Second
Furnished:
Furnished
Pool Features:
Inground
Rooms:
Bedroom
Utilities:
All Utilities
Waterview:
Gulf
Room Information
| Room Name | Level | Dimensions | Length | Width |
|---|---|---|---|---|
| Bedroom | First | 12 x 12 | 12.00 | 12.00 |
| Bedroom | First | 12 x 12 | 12.00 | 12.00 |
| Bedroom | First | 12 x 12 | 12.00 | 12.00 |
| Bedroom | First | 12 x 12 | 12.00 | 12.00 |
| Bedroom | Second | 12 x 12 | 12.00 | 12.00 |
| Bedroom | Second | 12 x 12 | 12.00 | 12.00 |
| Bedroom | Second | 12 x 12 | 12.00 | 12.00 |
| Bedroom | Second | 12 x 12 | 12.00 | 12.00 |
Listing Office:
Counts Real Estate Group Inc
Last Updated: October – 24 – 2024
Information deemed reliable but not guaranteed.