5300 Thomas Drive, Panama City Beach, FL 32408
$1,610,000
Property Type:
Residential
Bedrooms:
10
Baths:
10
Square Footage:
4,652
Status:
Sold
Current Price:
$1,610,000
List Date:
6/21/2024
Last Modified:
10/17/2024
Overview
Description
…
(Read more)
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!
Listing Details MLS# 755937
Contract Info
- List Price/SqFt
- 384.78
Location
- Area
- 03 – Bay County – Beach
- Street #
- 5300
- Street Name
- Thomas
- Street Suffix
- Drive
- State
- FL
- Zip Code
- 32408
- County
- Bay
- Sub Area
- 0323 – Beach – South of Grand Lagoon
- Subdivision
- Gulf Lagoon Beach
- Community/Resort
- None
- Waterfront
- No
- Parcel ID
- 32376-020-000
- Elementary School
- Patronis
- Middle School
- Surfside
- High School
- Arnold
- Directions
- If coming from the Halfway bridge turn onto Thomas Drive and all the way until it almost runs into the water and keep following it to the right at the light. It will be on the right hand side right after Irwin street.
- Legal Description
- GULF LAGOON BEACH LOT 4 & PART OF LOT 5 BLK 18 (6.02) ORB 4496 P 994
General Property Info
- Sub-Type
- Duplex Multi-Units
- Floor Number
- 3
- Design
- Duplex
- Apx SqFt(Htd/Cooled)
- 4652
- SqFt Source
- Builders Plans
- Full Baths
- 8
- Half Baths
- 2
- Total Baths
- 10
- # of Stories in Building
- 3
- Year Built
- 2024
- Immediate Occupancy
- Yes
- Construction Status
- Construction Complete
- New Construction
- Yes
- Garage Y/N
- No
- Driveway Spaces
- 4
- Lot Dimensions
- 74X110
Status Change Info
- Under Contract Date
- 2024-08-09
- Sold Date
- 2024-10-16
- Sold Price/SqFt
- 346.09
Listing Info, Tax and Legal
- HOA Fee
- No
- New Buyer Fee
- No
- Last Taxes
- 2520
- Last Tax Year
- 2023
- Brokerage Interest
- Familial Interest – Listing Broker/Licensee related to owner.
- As Is
- Yes
Remarks & Misc
- Remarks
- 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!
More Information
Bunk Room
- Second
- Yes
Appliances
- Cooktop – Electric
- Yes
- Dishwasher
- Yes
- Disposal
- Yes
- Microwave
- Yes
- Oven – Electric
- Yes
- Range – Electric
- Yes
- Refrigerator
- Yes
- Water Heater – Electric
- Yes
Interior Features
- Floor – Vinyl Plank
- Yes
- Kitchen Island
- Yes
- Newly Painted
- Yes
Construction/Siding
- Foundation – Slab on Grade
- Yes
- Roof – Metal
- Yes
- Siding – Hardie Board
- Yes
- Trim – Hardie Board
- Yes
Exterior
- Balcony
- Yes
- Fenced Back Yard
- Yes
- Patio Covered
- Yes
- Pool
- Yes
- Porch Covered
- Yes
- Sprinkler System
- Yes
- Storm Windows
- Yes
Financing
- Cash
- Yes
- Conventional
- Yes
Furnished
- Furnished
- Yes
Interior
- Bunk Room
- Yes
Lot Access
- City Street
- Yes
Parking Features
- Driveway
- Yes
Present Zoning
- Commercial
- Yes
Rooms
- Bedroom
- Yes
- Bunk Room
- Yes
- Master Bedroom
- Yes
Utilities
- Public Sewer – Connected
- Yes
- Water Connected
- Yes
Waterview
- Gulf
- Yes
Sale Type
- As Is
- Yes
Master Bedroom
- Second
- Yes
Bedroom
- Second
- Yes
- Third
- Yes
Cooling
- Central Air
- Yes
Heating
- Central
- Yes
- Electric
- Yes
Security Features
- Fire Sprinkler System
- Yes
- Smoke Detector(s)
- Yes
Property Features
Appliances:
Cooktop – Electric; Dishwasher; Disposal; Microwave; Oven – Electric; Range – Electric; Refrigerator; Water Heater – Electric
Master Bedroom:
Second
Bedroom:
Second; Third
Cooling:
Central Air
Heating:
Central; Electric
Exterior:
Balcony; Fenced Back Yard; Patio Covered; Pool; Porch Covered; Sprinkler System; Storm Windows
Financing:
Cash; Conventional
Furnished:
Furnished
Interior:
Bunk Room
Lot Access:
City Street
Bunk Room:
Second
Security Features:
Fire Sprinkler System; Smoke Detector(s)
Parking Features:
Driveway
Rooms:
Bedroom; Bunk Room; Master Bedroom
Sale Type:
As Is
Utilities:
Public Sewer – Connected; Water Connected
Waterview:
Gulf
Present Zoning:
Commercial
Room Information
| Room Name | Level | Dimensions | Length | Width |
|---|---|---|---|---|
| Master Bedroom | Second | 12.1 x 13.9 | 12.10 | 13.90 |
| Bedroom | Second | 14.3 x 9.2 | 14.30 | 9.20 |
| Bunk Room | Second | 7 x 9 | 7.00 | 9.00 |
| Bedroom | Third | 15.5 x 12.5 | 15.50 | 12.50 |
| Bedroom | Third | 10.2 x 10.7 | 10.20 | 10.70 |
| Bedroom | Third | 10.2 x 10.7 | 10.20 | 10.70 |
| Master Bedroom | Second | 12.1 x 13.9 | 12.10 | 13.90 |
| Bedroom | Second | 14.3 x 9.2 | 14.30 | 9.20 |
| Bunk Room | Second | 7 x 9 | 7.00 | 9.00 |
| Bedroom | Third | 15.5 x 12.5 | 15.50 | 12.50 |
| Bedroom | Third | 10.2 x 10.7 | 10.20 | 10.70 |
| Bedroom | Third | 10.2 x 10.7 | 10.20 | 10.70 |
Listing Office:
Scenic Sotheby's International Realty
Last Updated: October – 17 – 2024
Information deemed reliable but not guaranteed.