$989,000
For Sale

5801 Thomas Drive #1404

Panama City Beach, FL 32408
4 beds | 2.00 baths | #958364
Browse 78 photos
Type:Purchase
Structure:Condo
Zone:Residential

Description

STUNNING!! SPACIOUS!! GULF FRONT!! PENTHOUSE!!If you've ever dreamed of owning a second home on the Gulf that also generates passive income, this is an incredible opportunity. A recent appraisal valued the property at $1,070,000, with rental income projections EXCEEDING $120,000. This means you can make a sound investment while enjoying INSTANT EQUITY. Welcome to Regency Towers 1404, situated on The World's Most Beautiful Beach! This impressive penthouse features FOUR spacious bedrooms PLUS an office, making it an ideal retreat for families or groups. The expansive balcony offers breathtaking, direct views of the Gulf, accessible from both the living room and the master bedroom. With the capacity to accommodate up to 15 guests, this residence is perfect for entertaining.

  • Interior Details
      • Bathrooms2.00
      • Bedrooms4
  • Property Details
      • Pool1
  • Construction Details
      • Property TypePurchase
      • StyleN/A
    • Condition
      • Year Built1982
  • Utilities / Energy Details
      • EnergyAC - Central Elect
    • Utility
      • AppliancesDishwasher, Dryer, Washer
      • Utility FeaturesElectric
  • Community and Neighborhood Details
      • Community FeaturesBBQ Pit/Grill, Beach, Community Room, Exercise Room, Game Room, Greenhouse, Pets Allowed, Picnic Area, Pool, Short Term Rental - Allowed,
      • SubdivisionREGENCY TOWERS CONDO
    • Location
      • Elementary SchoolPatronis
      • Middle SchoolSurfside
      • High SchoolArnold
  • Financial Details
      • Hoa Fee FrequencyQuarterly
      • Hoa Fees3996.57
  • Other
      • MLS #958364

Location

Ken BlantonReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00