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8817 Thomas Drive A503, Panama City Beach, FL 32408
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8817 Thomas Drive A503
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Would you like to sell your home before you purchase this one?
Priced at Only: $279,900
For more Information Call:
Address: 8817 Thomas Drive A503, Panama City Beach, FL 32408
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  • MLS#: 776776 ( Residential )
  • Street Address: 8817 Thomas Drive A503
  • Viewed: 3
  • Price: $279,900
  • Price sqft: $0
  • Waterfront: Yes
  • Wateraccess: Yes
  • Waterfront Type: Gulf,ShorelineSand,Waterfront
  • Year Built: 1976
  • Bldg sqft: 0
  • Total Baths: 1
  • Full Baths: 1
  • Days On Market: 46
  • Additional Information
  • Geolocation: 30.1699 / -85.7959
  • County: BAY
  • City: Panama City Beach
  • Zipcode: 32408
  • Subdivision: Top Of The Gulf Condo.
  • Building: Top Of The Gulf Condo.
  • Elementary School: Breakfast Point
  • Middle School: Breakfast Point
  • High School: Arnold
  • Provided by: Alikhver Realty
  • DMCA Notice
  • Description
    $54,400 in revenue June '24 July '25: 20.16% ROI on the asking price! One of the best studio earners on the market: a money making machine with minimal maintenance! Priced to sell! Brand new water heater August 2025.A standout investment opportunity at Top of the Gulf, this fully renovated Direct Beachfront Studio has rented incredibly well, all while requiring virtually no ongoing maintenance. Upgraded recently with new flooring, full sized kitchen appliances in a fully equipped kitchenette, two queen sized memory foam beds, a gorgeous custom made shiplap wall plank backdrop, and a designer electric fireplace, this turnkey unit comfortably accommodates 4 guests in one of Panama City Beach's most desirable beachfront addresses. With minimal HOA fees, professional management in place, prepaid beach chairs, and long term demand proven by consistent five star ratings on Airbnb and VRBO, this property offers an exceptional blend of hassle free ownership and premium rental returns. The resort features an exclusive and private beach entrance, a phenomenal pool, a game room, a gym, a gazebo, sunset decks, and much more all while being situated in one of the most desirable locations in town. The resort is just a few steps away from the new location of the famous Tootsie's bar, which is taking over the formerly internationally renowned Spinnaker club. Moreover, St. Andrews State Park and Shell Island are just 4 miles away from the resort.
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  •   Principal & Interest -
  •   Property Tax $
  •   Home Insurance $
  •   HOA Fees $
  •   Mortgage Insurance-
  •   Monthly -
Features
Building and Construction
  • Covered Spaces: 0.00
  • Living Area: 489.00
  • Roof: Flat
Land Information
  • Lot Features: Waterfront
School Information
  • High School: Arnold
  • Middle School: Breakfast Point
  • School Elementary: Breakfast Point
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
  • Parking Features: ParkingLot
Eco-Communities
  • Pool Features: Fenced, InGround, Pool, Community
Utilities
  • Carport Spaces: 0.00
  • Cooling: CentralAir
  • Heating: Central
  • Road Frontage Type: CityStreet
  • Utilities: CableConnected, HighSpeedInternetAvailable
Amenities
  • Association Amenities: BeachRights, GameRoom
Finance and Tax Information
  • Home Owners Association Fee Includes: AssociationManagement, Internet, MaintenanceGrounds, MaintenanceStructure, Pools, Water
  • Home Owners Association Fee: 482.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Pet Deposit: 0.00
  • Security Deposit: 0.00
  • Tax Year: 2024
  • Trash Expense: 0.00
Other Features
  • Appliances: Dishwasher, ElectricOven, ElectricRange, Microwave, Refrigerator
  • Furnished: Furnished
  • Interior Features: Fireplace, SmartThermostat
  • Legal Description: TOP OF THE GULF CONDO UNIT # A-503 EFF 1B 489 H&C ORB 504 P 566 . ORB 4500 P 637
  • Area Major: 03 - Bay County - Beach
  • Occupant Type: Tenant
  • Parcel Number: 34994-203-000
  • Style: HighRise
  • The Range: 0.00
  • Unit Number: A503
  • View: Gulf
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