$283,000
$294,900
4.0%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
2 Baths
1,146 SqFt
SOLD DATE : 09/09/2016
Key Details
Sold Price $283,000
Property Type Condo
Sub Type Condominium
Listing Status Sold
Purchase Type For Sale
Square Footage 1,146 sqft
Price per Sqft $246
Subdivision Ocean Villa Condo
MLS Listing ID 752951
Sold Date 09/09/16
Bedrooms 2
Full Baths 2
Construction Status Construction Complete
HOA Fees $486/mo
HOA Y/N Yes
Year Built 2006
Annual Tax Amount $2,475
Tax Year 2015
Property Description
Incredible investment with positive cash flow! This beautiful 2-bedroom, 2-bath Gulf front unit is a phenomenal rental property bringing in $43,000+* annually, which is very rare for a 2BR in Panama City Beach (*After cleaning fees & taxes, rental income is $36,144.79). The unit is being sold fully furnished & decorated and sleeps 8. Interior features include raised ceilings, crown molding, Gulf front master bedroom and an open floor plan. There are granite countertops in the kitchen and the master bathroom has been upgraded with a custom walk-in shower. The curved balcony is accessed from the living area and is very spacious totaling 271 feet overlooking the Gulf of Mexico. Being on a desirable lower floor, you are close enough to hear the waves!
Location
State FL
County Bay
Area 27 - Bay County
Rooms
Guest Accommodations BBQ Pit/Grill,Beach,Elevators,Exercise Room,Pavillion/Gazebo,Pool,Sauna/Steam Room,TV Cable,Waterfront
Kitchen First
Interior
Interior Features Breakfast Bar, Ceiling Crwn Molding, Ceiling Raised, Floor Tile, Floor WW Carpet, Furnished - All, Newly Painted, Owner's Closet, Split Bedroom, Washer/Dryer Hookup, Window Treatment All
Appliance Dishwasher, Disposal, Dryer, Ice Machine, Microwave, Oven Self Cleaning, Refrigerator, Smoke Detector, Stove/Oven Electric, Washer
Exterior
Exterior Feature Balcony
Garage Covered, Garage
Pool Community
Community Features BBQ Pit/Grill, Beach, Elevators, Exercise Room, Pavillion/Gazebo, Pool, Sauna/Steam Room, TV Cable, Waterfront
Utilities Available Electric, Public Sewer, Public Water, TV Cable
Waterfront Description Gulf
View Gulf
Private Pool Yes
Building
Story 1.0
Water Gulf
Structure Type Foundation On Piling,Steel,Stucco
Construction Status Construction Complete
Schools
Elementary Schools Hutchinson Beach
Others
HOA Fee Include Accounting,Ground Keeping,Insurance,Internet Service,Recreational Faclty,Sewer,Trash,TV Cable,Water
Assessment Amount $486
Energy Description AC - Central Elect,Ceiling Fans,Water Heater - Elect
Financing Conventional
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