9450 S Thomas Drive Unit 303C, Panama City, FL 32408

$529,000
2
BD
2
BA

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List Price
$529,000
Status
ACTIVE
Price Change
▼ $20,000 1787362750
MLS#
777888
Subtype
Residential
Style
High Rise
Year Built
2005
Bedrooms
2
Bathrooms
2
Full Baths
2
Subdivision
Boardwalk Central
Neighborhood
Beach - South of Grand Lagoon
MLS Area Major
Bay County - Beach

Property Description

GREAT INVESTMENT PROPERTY THAT IS TURNKEY READY! Step into Boardwalk Unit 303, a beautifully maintained Gulf-front condo offering strong rental potential, exceptional guest reviews, and plenty of opportunity for owner enjoyment. This 2-bedroom, 2-bath retreat is situated on a desirable lower level, offering convenience, privacy, and incredible Gulf views. AirDNA projects annual rental revenue of approximately $49,500 at just 58% occupancy, with an average daily rate of $236, giving owners the flexibility to generate rental income while still enjoying the condo themselves. The current owners have done exactly that, using the property personally while maintaining impressive rental performance. Even better, this unit has earned 75 five-star reviews on VRBO, demonstrating its proven guest appeal and repeat-worthy experience. VRBO Listing #1201224 is available for reference. Beautifully appointed with Restoration Hardware furnishings, high-end blackout curtains, top-of-the-line mattresses, and luxurious bedding, this condo is truly turnkey and ready to rent from day one. From sunrise to sunset, enjoy unobstructed panoramic Gulf views from the private balcony. The open floor plan creates a bright and inviting living space, flowing seamlessly from the upgraded kitchen with granite countertops, stainless steel appliances, and breakfast bar into the Gulf-front living area. The Gulf-front primary suite features balcony access, a soaking tub, walk-in shower, double vanity, and large closet. The private second bedroom offers its own full bath, providing excellent privacy for guests. Additional features include in-unit laundry, crown molding, and elevated coastal design details throughout. Boardwalk Beach Resort remains one of PCB's premier Gulf-front destinations, offering a zero-entry Gulf-front pool, two hot tubs, splash pad, on-site bar and grill, sauna, convenience shop, 24-hour gated security, and covered garage parking. With expansive beach frontage and excellent walkability to restaurants, events, and attractions, the location continues to be a favorite among vacationers. With Tootsies open nearby, the area is positioned to offer even more dining, nightlife, and entertainment within easy reach. NOW OFFERED AT A NEW REDUCED PRICE, Boardwalk Unit 303 presents an outstanding opportunity for buyers looking for a turnkey investment property with projected rental income, a proven five-star guest history, and the flexibility to enjoy their own piece of the Gulf Coast.

Additional Information

Interior Features
Balcony, Double Vanity, Main Level Primary, Soaking Tub, Separate Shower
HOA Fee
$3,600
Property Description
High Rise
Appliances
Electric Range, Electric Water Heater
Heating
Central
Air Conditioning
Central Air, Ceiling Fan(s)
Parking
Parking Lot
Elementary School
Breakfast Point
Middle School
Breakfast Point
High School
Arnold

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Calculator source: Real Geeks

Listing courtesy of Watersound Real Estate.