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5801 Thomas 422 Drive, 422, Panama City Beach, FL 32408

$394,900
Property Type: Residential Bedrooms: 1 Baths: 2 Square Footage: 916 Status: Active
Current Price: $394,900 List Date: 2/28/2024 Last Modified: 5/29/2024

Description

25K Price Reduction! Motivated Seller. Turnkey Rental Ready END unit at the beautiful Regency Towers. This unit offers views of the Gulf Of Mexico from the Front master bedroom and living room, both with access to a private balcony. The balcony offers unobstructed views of the Gulf of Mexico and the white sugar sands and emerald green waters. No high-rise blocking your endless views! Interior has been completely updated with new Kitchen Cabinets, porcelain tile, backsplash and counter tops. Bathrooms have been updated to match. NEW hurricane sliders and widows a HUGE energy saver. This unit is tastefully decorated and rental ready. Gross Income for 2023 was 40k. Bookings for 2025 already! This is a rental machine! Unit comes fully furnished and includes original artwork by Sharon Kator a well known seaside artist. Regency Towers Amenities include: a gated entry with 24 hour security services. 2 beachfront saltwater pools, one heated seasonally, a beachfront tiki bar open seasonally with wonderful food and drinks, dedicated kiddie pool, indoor hot tub, billiards room, fitness room, a party room that can be rented out, outdoor picnic area with grills, large grass area to play, dog area for owner pets only.

Open Houses

Sunday, June 02, 10:00 am - 12:00 pm

More Information MLS# 753401

Contract Info

Status: Active List Date: 2024-02-28 List Price: $394,900 List Price/SqFt: 431.11 Current Price: $394,900

Location

Area: 03 - Bay County - Beach Street #: 5801 Street Name: Thomas 422 Street Suffix: Drive Unit #: 422 State: FL Zip Code: 32408 County: Bay Sub Area: 0323 - Beach - South of Grand Lagoon Subdivision: Regency Towers Community/Resort: None Waterfront: Yes Parcel ID: 32382-044-000 Elementary School: Patronis Middle School: Surfside High School: Arnold Directions: Regency Towers is located on the East end of Thomas Drive across the street from Dollar General and next to Watercrest Condo. Regency Towers unit 422 is on the East Ocean facing side of the tower. Legal Description: REGENCY TOWERS CONDO UNIT 422 PLAN A ORB 516 P 267 1BR 2B 916 SQ FT ORB 4188 P 889 BALCONY 104 SQ FT

General Property Info

Sub-Type: Condominium Design: High-Rise (8+ floors) Apx SqFt(Htd/Cooled): 916 SqFt Source: Prop App Site Bedrooms: 1 Full Baths: 2 Total Baths: 2 # of Stories in Building: 14 Floor Number: 4 Year Built: 1975 Immediate Occupancy: Yes Construction Status: Construction Complete Garage Y/N: No Lot Dimensions: 0x0

Listing Info, Tax and Legal

Homestead: No HOA Fee: Yes HOA Amount: 2997.58 HOA Frequency: Quarterly HOA Annual Amount: 11990.32 Senior Community: No New Buyer Fee: No Last Taxes: 2579.73 Last Tax Year: 2022 Brokerage Interest: No Interest As Is: No Condo Doc: Yes

Remarks & Misc

Remarks: 25K Price Reduction! Motivated Seller. Turnkey Rental Ready END unit at the beautiful Regency Towers. This unit offers views of the Gulf Of Mexico from the Front master bedroom and living room, both with access to a private balcony. The balcony offers unobstructed views of the Gulf of Mexico and the white sugar sands and emerald green waters. No high-rise blocking your endless views! Interior has been completely updated with new Kitchen Cabinets, porcelain tile, backsplash and counter tops. Bathrooms have been updated to match. NEW hurricane sliders and widows a HUGE energy saver. This unit is tastefully decorated and rental ready. Gross Income for 2023 was 40k. Bookings for 2025 already! This is a rental machine! Unit comes fully furnished and includes original artwork by Sharon Kator a well known seaside artist. Regency Towers Amenities include: a gated entry with 24 hour security services. 2 beachfront saltwater pools, one heated seasonally, a beachfront tiki bar open seasonally with wonderful food and drinks, dedicated kiddie pool, indoor hot tub, billiards room, fitness room, a party room that can be rented out, outdoor picnic area with grills, large grass area to play, dog area for owner pets only.

Property Features

Accessibility Features: Accessible Common Area Appliances: Dishwasher; Dryer; Microwave; Washer; Water Heater - Electric Construction/Siding: Foundation - On Piling; Siding - Stucco Cooling: Ceiling Fan(s); Central Air; Electric Heating: Central; Electric Exterior: Balcony Fees Include: BBQ Pit/Grill; TV Cable; Community Room; Fitness Center; Game Room; Gated Community; Internet Service; Maintenance Grounds; Management; Pest Control; Picnic Area; Pool; Security; Whirlpool; Trash Disposal Financing: Cash; Conventional Furnished: Partially Interior Features: Breakfast Bar; Owner's Closet; Floor Tile; Renovated; Window Treatment All; Woodwork Painted Lot Access: City Street; Paved Road Mstr Bdrm/Mstr Bath: MBath Shower Only; MBath Tile; MBed Balcony; MBed Waterfront Pool Features: Community; Fenced; Heated - Electric; Inground; Saltwater Security Features: 24 Hour Security; Fire Alarm; Security Gate; Security Guard Parking Features: Gated; Parking Lot Other Structures: None Project Facilities: BBQ Pit/Grill; Elevators; Fitness Center; Game Room; Gated Community; Picnic Area; Pool; Security-24 hour; Whirlpool; Other - See Remarks Rooms: Balcony; Kitchen; Master Bedroom Utilities: TV Cable; Electricity Connected; Sewer Connected; Water Connected Waterfront Type: Gulf Waterview: Gulf

Room Information

Master Bedroom Dimensions: 13 x 13 Length: 13.00 Width: 13.00 Dimensions: 13 x 13 Balcony Dimensions: 12 x 8.5 Length: 12.00 Width: 8.50 Dimensions: 12 x 8.5 Kitchen Dimensions: 14 x 8 Length: 14.00 Width: 8.00 Dimensions: 14 x 8
Listing Office: Emerald Coast Real Estate & Vacations LLC
Last Updated: May - 29 - 2024

The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Information deemed reliable but not guaranteed.