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8815 Thomas Drive, 201, Panama City Beach, FL 32408

$475,000
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,083 Status: Active
Current Price: $475,000 List Date: 11/19/2023 Last Modified: 2/28/2024

Description

Why is this Moondrifter unit more special than most? (answer: THE BALCONY!) This is the most private balcony one can imagine with nothing but the Gulf of Mexico and the sandy beach as permanent fixtures in front of you - You do not see any other balconies from yours. Incredibly the size of the ''01'' stack balcony is close to 35 feet long x 8 feet wide. The unit itself has over 1000 square feet of heated and cooled space inside as well which includes 2 bedrooms, 2 baths, a kitchen, a dining section and a living room. Although this would be a great rental investment, it is the perfect residence as well if you want to be living a beach dream that is too good to be true. The complex has a pool, a picnic area, shuffleboard, and a tennis court. Although nothing has been set in stone, there was a news story that broke saying Tootsie's Orchid Lounge (same name as in Pier Park) would be going in the old Spinnaker Beach Club. An updated version was announced in August saying the deal was not yet finalized. Nothing is apparently concrete as of this date, but imagine the rental potential if Tootsie's (which is famous in Nashville) opens in such close proximity to this condo! Don't let this BIG FISH get away - See it to believe it! Rental Projections on previous listings claim to be over $60K if managed correctly. HOA Fees will change to 975.48 monthly in 2024-

More Information MLS# 749429

Contract Info

Status: Active List Date: 2023-11-18 List Price: $475,000 List Price/SqFt: 438.6 Current Price: $475,000

Location

Area: 03 - Bay County - Beach Street #: 8815 Street Name: Thomas Street Suffix: Drive Unit #: 201 State: FL Zip Code: 32408 County: Bay Sub Area: 0323 - Beach - South of Grand Lagoon Subdivision: Moondrifter Community/Resort: None Waterfront: Yes Parcel ID: 30185-515-000 Elementary School: Breakfast Point Middle School: Breakfast Point High School: Arnold Directions: From the intersection of Front Beach and Thomas Drive (at Walgreens and Ripley's), travel South. After the traffic light and just past Alvin's Island store, take the curve to the left and an immediate right into the Moondrifter parking lot. 8815 S Thomas Drive--- Legal Description: MOONDRIFTER CONDO UNIT 201 ORB 836 P 655 1BR 2B 1083 H&C ORB 4095 P 1814

General Property Info

Sub-Type: Condominium Design: High-Rise (8+ floors) Apx SqFt(Htd/Cooled): 1083 SqFt Source: Prop App Site Bedrooms: 2 Full Baths: 2 Total Baths: 2 # of Stories in Building: 8 Floor Number: 2 Year Built: 1982 Immediate Occupancy: Yes Construction Status: Construction Complete Garage Y/N: No Lot Dimensions: 0 x 0 - condo

Listing Info, Tax and Legal

Homestead: Yes HOA Fee: Yes HOA Amount: 900 HOA Frequency: Monthly HOA Annual Amount: 10800 New Buyer Fee: No Last Taxes: 2317 Last Tax Year: 2022 Brokerage Interest: No Interest As Is: Yes Condo Doc: Yes

Remarks & Misc

Remarks: Why is this Moondrifter unit more special than most? (answer: THE BALCONY!) This is the most private balcony one can imagine with nothing but the Gulf of Mexico and the sandy beach as permanent fixtures in front of you - You do not see any other balconies from yours. Incredibly the size of the ''01'' stack balcony is close to 35 feet long x 8 feet wide. The unit itself has over 1000 square feet of heated and cooled space inside as well which includes 2 bedrooms, 2 baths, a kitchen, a dining section and a living room. Although this would be a great rental investment, it is the perfect residence as well if you want to be living a beach dream that is too good to be true. The complex has a pool, a picnic area, shuffleboard, and a tennis court. Although nothing has been set in stone, there was a news story that broke saying Tootsie's Orchid Lounge (same name as in Pier Park) would be going in the old Spinnaker Beach Club. An updated version was announced in August saying the deal was not yet finalized. Nothing is apparently concrete as of this date, but imagine the rental potential if Tootsie's (which is famous in Nashville) opens in such close proximity to this condo! Don't let this BIG FISH get away - See it to believe it! Rental Projections on previous listings claim to be over $60K if managed correctly. HOA Fees will change to 975.48 monthly in 2024-

Property Features

Appliances: Dishwasher; Dryer; Microwave; Range - Electric; Refrigerator; Washer; Water Heater - Electric Bedroom: First Cooling: Ceiling Fan(s); Central Air Heating: Central Exterior: Balcony Fees Include: Accounting; Beach; Fishing; Pest Control; Picnic Area; Pool; Sewer; Water Financing: Cash; Conventional Furnished: Partially Interior Features: Breakfast Bar; Window Treatment All Lot Features: Waterfront; Within 1/2 Mile to Water Lot Access: Paved Road Mstr Bdrm/Mstr Bath: MBath Shower Only; MBed Balcony; MBed Waterfront Balcony: First Master Bathroom: First Dining Room: First Pool Features: Inground Parking Features: Guest; Oversized; Parking Lot; Paved Project Facilities: Beach; Community Room; Elevators; Fishing; Owner's Pets Allowed; Pool; Security-Lights; Tennis Court(s); Waterfront Rooms: Balcony; Bedroom; Dining Room; Master Bathroom Special List Prov: Condo Association Utilities: TV Cable; Garbage; Sewer Connected; Water Connected Waterfront Type: Gulf Waterview: Gulf Present Zoning: Resid Multi-Family

Room Information

Master Bathroom Level: First Dimensions: 12 x 11 Length: 12.00 Width: 11.00 Dimensions: 12 x 11 Remarks: Gulf Front- Balcony access Bedroom Level: First Dimensions: 9 x 8 Length: 9.00 Width: 8.00 Dimensions: 9 x 8 Dining Room Level: First Dimensions: 28 x 13 Length: 28.00 Width: 13.00 Dimensions: 28 x 13 Remarks: Dining & Living Area Master Bathroom Level: First Dimensions: 8 x 6 Length: 8.00 Width: 6.00 Dimensions: 8 x 6 Remarks: Shower Balcony Level: First Dimensions: 34.6 x 8 Length: 34.60 Width: 8.00 Dimensions: 34.6 x 8 Remarks: Balcony is huge!
Listing Office: ERA Neubauer Real Estate Inc
Last Updated: February - 28 - 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.