Affordable...Profitable...Great PCB Location! Efficiency for Sale

By
Real Estate Broker/Owner with Nautical Properties 3305354
https://activerain.com/droplet/5h5s

The Best kept SECRET in Panama City Beach...St. Thomas Square (STS)! STS is a Grand Lagoon waterfront property with a boat dock and Gulf access–about 20 minutes to the pass. And it's only a block to the BEACH!

This efficiency makes a great beach retreat that can pay for itself when you're not using it. HOA ($410 est.), property taxes ($550 est.), and insurance ($600 est.) is reasonable. It had a $10K renovation a year ago. A new, bright and roomy shower, new vanity with storage, new flooring, painted, keyless entry handset, and kitchenette. It has a sitting area with new loveseat that you won't find in any other efficiency. It's fully furnished and ready for both personal enjoyment and profit.

This unit grossed $8050 in 2018! It rented for $75 a night during high season.

The last efficiency sold was not furnished, not updated, and the kitchenette was a wreck (see MLS 678142).

You can see all St Thomas Square condos for sale HERE!

See more pictures of STS 1210C

 

 

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Re-Blogged By Re-Blogged At
Topic:
Home Selling
Location:
Florida Bay County Panama City Beach St Thomas Square
Groups:
Vacation and Second homes
Resort & Second-home Property Specialist - NAR Designation
Tags:
panama city beach
florida
32408
8730 thomas drive
st thomas square condos for sale
pcb condo for sale
mls 679666

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Scott Pope

You Can't Live Without Water™
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