Sold
8743 Thomas Dr UNIT 1012, Panama City Beach, FL 32408
Investment at a glance
Annual Revenue
$40K
Gross Yield
11.7%
Occupancy
6336%
Cap Rate
7.0%
***SELLER WILL CONSIDER ALL OFFERS!***The Summit is a long-beloved vacation spot for generations of visitors to Panama City Beach, and unit 1012 is ready for you to take part!This condo unit is fully furnished as a short-term rental and features the following: --Private bedroom with new LVP flooring--En-suite bath off the main bedroom with shower/tub combo--2 twin bunks in the hall--Half bath in the hall--Sleeper sofa in living room--Compact kitchen with all necessities--Extra counter space, drawers, and cabinets--Full size Amana washer and dryer--Tile in hall, baths, and kitchen/dining/living room--GE electric stove--Built-in microwave--Hotpoint refrigerator--Double sink--Dining table with 4 chairs--7' x 15' balcony with outdoor furnitureThe Summit grounds feature a gated entrance, 24-hour security, 2 pools (one heated seasonally), 2 hot tubs, 2 kiddie pools, a poolside Tiki Bar, a full-service restaurant (Bikini Bob's), fitness center, game room, ice cream/snack and gift shops, jet ski rentals, shuffleboard, and lighted tennis/pickleball courts.
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| 2 Bedroom | 2375 | 43% | $275 | $43,466 |
| 3 Bedroom | 1538 | 42% | $362 | $55,996 |
| 4 Bedroom | 413 | 42% | $507 | $76,856 |
| 5 Bedroom | 147 | 39% | $724 | $102,782 |