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LOWEST ''Gulf Front'' HOA's in all of PCB!!!

The savviest of Investors know how important it is to look at the total cost of ownership when looking for rental properties, and they understand how crucial HOA dues are when it comes to generating a profitable Return on Investment (ROI). 

This BEAUTIFULLY REMODELED unit offers everything an investor could ever need to maximize their ROI, including the lowest priced annual HOA expenses (by over $2,300) when compared to every other 2 bed / 2 bath Gulf Front unit currently available in PCB!!!

If you are money minded, I'm betting I have your attention now...

Maximizing rental income starts with one basic concept - maximizing ''Heads in Beds.''  And when it comes to ensuring incredible occupancy rates, this unit offers all the key amenities renters look for when booking their vacation: View, Location, Complex Amenities, and Price. 

VIEW: This condo is so close to the beach, you can almost feel the mist from the breaking waves while sitting on your private patio. Without using a measuring tape, I would venture to say that this unit is probably the closest to the water of all condo's currently for sale in PCB. Renters want a view, and words simply can't describe the beauty of the sights they are blessed with from the living room, dining room, and master bedroom. The views are truly unforgettable...

LOCATION: After watching some of the world's most awe-inspiring sunsets from your back patio, simply head out front to experience the legendary action of Thomas Drive. If you don't want to drive to dinner, rest assured knowing that your vehicle is safely parked right outside your front door - and you don't need any vehicles to enjoy the best that PCB has to offer because of this condo's incredible location!

Located on the coveted East end of the beach (considerably less traffic), there are go cart tracks, video arcades, mini golf courses, thrill rides, ice cream shops, a winery, souvenir shops, etc. – directly in front of the property.

For the adults, there are numerous bars/restaurants right outside your door - including the Famous Ms. Newby's! No need to drive after those adult beverages, your condo is perfectly located just a few seconds away!!!

AMMENITIES: Success in business is all about Competitive Advantage, and Sugar Beach offers something that differentiates itself from everyone else in PCB... It is one of the only PET FRIENDLY Gulf front rental destinations in the entire area. Years of market data shows that pet friendly options bring a higher nightly rate, have a better vacancy rate, and are more likely to attract ''snowbirds'' during the off season, so you have true competitive advantage with this one.  

In addition to being pet friendly, Sugar Beach is a private/family friendly gated community with no elevators. The list of Gulf Front complexes where you can park directly at your door are few and far between, but Sugar Beach offers exactly that!

It also offers a private gated beach access, a pool, huge clubhouse with games, tennis/pickleball courts, shuffleboard, a grilling area, a huge koi/turtle pond, over 375 feet of incredible beach access, and expansive greenspace unique from every other Gulf Front property in PCB!

PRICE: Last but not CERTAILY not least, renters pick their vacation condo based on price. With a low selling price, low utility costs, and the lowest HOA's of all the competition, you have less overhead which ensures that you can charge less per night (as compared to the competition), bringing in strong rentals and generating an incredible profit! Not only is the income potential of this condo a thing of beauty, the condo itself is absolutely stunning!

The designer kitchen is equipped with soft close craftsman style cabinetry, gorgeous granite counter tops, a large stainless farmhouse sink, and top of the line stainless appliances.

The spacious living room is perfectly situated to ensure some of the most amazing Gulf views imaginable, and comes fully furnished with ALL NEW furniture and décor.  

Most people dream of opening their eyes in the morning and seeing the beautiful Gulf Coast water from their bed, and this master bedroom brings those dreams into reality. Ample space, beautiful coastal furniture, and incredible views... what else could you ask for in a bedroom!

The Master bathroom is beautifully decorated with designer tile flooring, an upscale vanity with granite counter top, and the gorgeous tile shower is equipped with dual overhead shower heads.

The guest bedroom offers a very large floorplan, and comes fully equipped with a bunk bed, chest, and desk. It has more than enough space to add another bed, or it could even fit 2 full size beds to better generate rental opportunities! The attached private bathroom is tastefully decorated with a stylish vanity, tile flooring, and a shower/tub combo that features beautiful tile work.

The average 2 bedroom in Sugar Beach brings in over $50k annually in rentals, and some of the well-established ones bring in over $70k. At the high end your annual ROI would be well over 10% on a financed purchase - which is unheard of nowadays.

Welcome Home!

NOTE: Avoid ''unknown'' assessments sure to impact many FL Condo properties - and go with a well-established community that has already started the process/fully understands upcoming costs associated with becoming compliant with the new FL Condo Laws. Sugar Beach has already started the process and should be amongst the first in all of PCB to reach compliance! 

Where many properties haven't even started the process, and where some of the properties that have started are facing $60k+ assessments, Sugar Beach stands out as being incredibly proactive, and this approach has resulted in a much lower cost for compliance.

Each unit will require new sliding glass hurricane doors and hurricane windows. This cost is right at $14k, and the Seller is willing to pay a portion of this cost with an approved offer. The first quarterly payment isn't due until October of 2023. There will be 3 additional quarterly payments due after that, with the final payment being due July 2023 (over a year away).

Each unit will also have a separate expense to help cover property wide updates required to reach compliance. The cost for that is right at $14k, and will have the same quarterly payment plan.

The current owner has taken these 2 costs into consideration, and has priced the condo accordingly. The new owners can get this unit with new doors and windows paid for, pay the property assessment themselves, and STILL be much lower than most of the comps (which haven't even addressed upcoming assessments associated with compliance just yet)!
#740747

Panama City Beach

8727 Thomas Drive C21

2 Beds

2 Baths

1,086 Sq.Ft.

$599,800

MLS#: 740747

Come see this beautiful home in North Lagoon Heights! A Short drive away from Navy Base,Thomas Drive, St. Andrews State Park, Boat Ramp and Gulf of Mexico. An Appealing 3-bedroom 2-bathroom single story house with all new flooring in bathrooms and bedrooms, new garage door, new light fixtures, stainless steel appliances and all new interior paint. Outside you have a nice size yard with a utility shed included, perfect for storage! Garage has been partially converted to a laundry room area. Inside you have the master bedroom with a walk in closet and another closet as well, along with adjoining master bath with double vanity. Also vaulted ceiling in living room with wooden beam. Washer and dryer to remain. Located off North Lagoon, a quiet community. Visit today!!
#741366

Panama City

232 Scooter Drive

3 Beds

2 Baths

1,146 Sq.Ft.

$325,000

MLS#: 741366

All Ages and sizes including Sq Ft are aprox, Please verify...Beautiful Bayfront townhome at Panama Country Club. Features formal living area, dining room, and den with fireplace and wetbar. Large kitchen, extensive master suite, and inside utility room. Exterior has 2 car garage, deck.  . Wonderful setting on the water
#740250

Lynn Haven

2220 Country Club Drive

3 Beds

2 Baths

2,044 Sq.Ft.

$450,000

MLS#: 740250

Beautiful 2 story Beach House. Short distance to the Gulf of Mexico. Entered as a comp only.
#739544

Panama City Beach

425 Kelly Street

4 Beds

3 Baths

2,390 Sq.Ft.

$845,000

MLS#: 739544

ENTERED FOR COMP PURPOSES ONLY.
#750766

Destin

15200 Emerald Coast Parkway 607

3 Beds

3 Baths

1,693 Sq.Ft.

$1,529,000

MLS#: 750766

CURRENTLY UNDER CONTRACT. SELLER WILL CONSIDER BACK UP OFFERS. Welcome to your perfect beach getaway! This stunning 2-bedroom, 2-bathroom PENTHOUSE, END UNIT is situated in one of the newer buildings in Panama City Beach and offers luxurious living with unobstructed Gulf views. Upon entering this elegantly furnished and decorated condo, you will be greeted by the warm and inviting atmosphere. With hardwood floors, custom cabinets, granite countertops, top-of-the-line Samsung appliances, and high ceilings, this home offers everything you could want in a beachfront retreat.
The advantage of being the end unit is that not only you get the perfect sunsets from your oversized, almost 300 sq.ft. balcony,  but you also get to see the night lights of Front Beach Rd.! With it being such a large space, the balcony is perfect for entertaining friends and family or simply relaxing and soaking up the Florida sun.
This condo is being offered fully furnished with no exclusions, including a brand new Cool Cabana waiting for you to enjoy. The owner has never rented the condo, but with its prime location and clean, well maintained building, this home has strong rental potential for those looking for an investment opportunity.
Living in this condo means being in the heart of Panama City Beach and all it has to offer. Take a short walk to the sugar-white sands and emerald green waters of the Gulf of Mexico or enjoy the many nearby restaurants, shopping, and entertainment options. 

All information and measurements is believed to be correct, but must be verified by the buyer.
#740518

Panama City Beach

10625 Front Beach 2301

2 Beds

2 Baths

1,174 Sq.Ft.

$610,000

MLS#: 740518

'CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS. This one owner home with large living spaces both indoor and out give many options for enjoyment. The quiet street is  minutes away from the  beach, restaurants, parks and shopping.  This well built brick home with impact windows and architectural shingle roof is waiting for your personal touch to make it your own.  Boasting a sunroom, separate screened porch and oversized living room with brick fireplace.  The 4th bedroom is extremely large and could be used as a bonus room or den located on opposite side of home.  The large yard has a well pump for optimal water bill savings. Age, Sq.Ft., Room Dimensions, taxes, schools, or anything important to the buyer must be verified by personal or
#736831

Panama City Beach

6703 Broward Street

4 Beds

2 Baths

2,229 Sq.Ft.

$367,000

MLS#: 736831

Don't wait to view this charming, well kept home with approx 270 ft of frontage on Hwy 79. Upon entry you will find 4 bedrooms, 3 full baths and 2,291sqft. This home offers 2 large living spaces with a fire place and a spacious kitchen/dining room. The main suite includes large closet and en suite, as well as a flex space. There are 3 more bedrooms and 2 other bathrooms that complete this house. The property is almost an acre and has been well maintained.  There are 2 large sheds behind the house. This property is approx 15-20 minutes away from Pier Park, Panama City Beach and 30A. All sizes are approximate and should be verified by Bay County Property Appraiser or by buyer.
#737257

Panama City Beach

8409 Smallwood Street

4 Beds

3 Baths

2,291 Sq.Ft.

$340,000

MLS#: 737257

Cute home, great privacy fenced back yard with inground pool and open patio. The living room is large with tall ceilings and is open to the dining area. Kitchen is spacious with  plenty of cabinet space. It is also open to the dining area . There is a patio area off the dining room overlooking the pool and the productive tangerine tree. The home has been remodeled with neutral colors throughout, new  white shaker cabinets in the kitchen and bathroom,  new sinks, new toilets, granite counterrops, new carpet in the bedrooms, main, traffic and wet areas are tile, new AC and water heater, new pool equipment. Pool was also resurfaced and the roof was installed post hurricane Michael.
#737920

Panama City

1845 Mallard Drive

3 Beds

1 Baths

1,362 Sq.Ft.

$225,000

MLS#: 737920

ENTERED FOR COMP PURPOSED ONLY.  SALE INCLUDED PURCHASE OF (10 LOTS)
#750691

Milton

2897 N 25th Avenue 10 Lots (1-9, 12)

3 Beds

2 Baths

1,360 Sq.Ft.

$2,799,000

MLS#: 750691

New construction by Truland Homes in the highly desirable Callaway Area! With 3 Bedrooms, 2 Baths, 1 Flex Room. This Blue Ridge open floor plan home is a must-see, with a stunning interior featuring 10' high ceilings in the main living areas and a 9' tray ceiling in the master suite. Luxury Vinyl Plank floors, granite countertops, and so much more are found throughout the home. The exterior boasts of Hardi Board on all four sides, Tankless Gas Water Heater, and a completely landscaped yard with a sprinkler system. Offering added innovative technology and convenience, this home is equipped with a SMART Things hub, a Ring security doorbell, a Samsung tablet, and a Nest energy-efficient thermostat. Conveniently located to shopping, recreational parks, schools, and Tyndall Air Force Base.
#738506

Panama City

211 Boggy Creek Way

4 Beds

3 Baths

1,833 Sq.Ft.

$353,612

MLS#: 738506

Very nice waterfront home in Indian Springs subdivision. this home has a large open living room with vaulted ceilings with lots of natural light, a open updated kitchen with a bar and also a breakfast area, a large dining room, large master bedroom with trey ceilings, master bath has a tub and a walk-in shower and a large walk-in closet, there is a back porch and a back deck enclosed with chain link fence.
#740935

Marianna

2750 Appalachee Trail

3 Beds

2 Baths

1,990 Sq.Ft.

$339,000

MLS#: 740935

BACK ON THE MARKET! No fault of the sellers. Condo appraised at $285000 and cleared inspection, here's your chance to own this spectacular top floor Condo! When you step inside you will see that it has  been transformed into one of nicest units at Top of The Gulf Beach Resort.
 This top floor gulf front condo has breathtaking views of the Gulf from the unit as well as having the beds situated strategically for those awe inspiring morning wake up views! This completely updated unit is facing the Gulf of Mexico not the street side of the building. Pet friendly for owners! The low HOA fees and NO Assessment fees make this a smart move for the savvy buyer. Truly a turn key rental ready unit with a good rental history.Some interior features include new quartz countertops,new cabinetry kitchen as well as bathroom area,new subway tile new shiplap wall treatments, two new queen beds as well as a pullout sofa, new dresser and end table and more! Same floor laundry room. The Resort features a poolside bar & snack shack, gulf front pool,grilling area, beach service to name a few. The resort is very well maintained and the building has all new high impact glass on all windows, new paint and new roof. The resort is Conveniently located to attractions,dining the State Park and shopping. Financing is available with listing agents preferred local lender.
#740094

Panama City Beach

8817 Thomas Drive A805

1 Beds

1 Baths

489 Sq.Ft.

$279,000

MLS#: 740094

LOWEST PRICED 3 Bedroom Condo ON THE ENTIRE BEACH! You read the price right... You can really grab this 3-bedroom gulf view condo for only $429,000! Priced to sell quick at over $110,000k less than the next lowest priced comparable condo, this one won't last long at all!!!

How about an 8%+ annual return on Investment? I know, I know... Anything over 5% is almost unheard of nowadays, so how can this unit generate 8%+? 

See the attached cash flow statement for a financial summary, but in short, a three bedroom / 3 bath condo in Sugar Beach traditionally brings in between $50k-$70k in gross rentals. At the middle point of $60k, you are bringing in over 8% ROI as you build your client base and use the unit some for your own personal vacations.

 Once you are well established and hit the $70k+ point, you will be enjoying over 11% ROI on a cash purchase, or 15% on a financed purchase - meaning this one is the STEAL you have been waiting for!

Investment properties are not all created equal, and this condo boasts EVERYTHING needed to provide you an incredible competitive advantage in the rental market. Sugar Beach offers something that differentiates itself from everyone else in PCB... It is one of the only pet friendly Gulf front rental destinations in the entire area. Years of market data shows that pet friendly options bring a higher nightly rate, have a better vacancy rate, and are more likely to attract ''snowbirds'' during the off season.

In addition to being pet friendly, Sugar Beach is a private/family friendly gated community with no elevators. The list of Gulf Front complexes where you can park directly at your door are few and far between, but Sugar Beach offers exactly that!

It also offers a private gated beach access, a pool, tennis/pickleball courts, shuffleboard, a grilling area, a huge koi/turtle pond right out your back door, countless nearby restaurants/activities, over 375 feet of incredible beach access, and the list goes on! Although the complex itself is pretty amazing, the inside of this condo has some truly special features and offers endless potential. NOTE: The pictures have been virtually staged in order to show the endless potential of this unit. Quotes have already been gathered, and this unit can be fully furnished for less than $30k.

With room to sleep 8 comfortably while offering privacy and ample space for all, this place is the PERFECT size for 1-2 families, or for hosting several couples. The downstairs has 1 large bedroom, 1 full bathroom, a kitchen with breakfast bar, and a HUGE living room large enough for a king sleeper sofa. The upstairs boasts 2 oversized bedrooms  each with a private full bathroom. All the toilets are recently updated, and the entire condo is just waiting for someone to put their personal touch on it.

This incredibly priced unit just received a fresh interior coastal colored paint job, and it has all the big ticket items already covered and in great shape. The HVAC system was replaced in 2018 and the hot water heater was replaced in 2016. Both are in great shape and should provide worry free operations for years to come.

The entire condo comes well equipped with coastal colored tile flooring  not the less expensive/less durable LVP flooring found in most units nowadays. This is a HUGE advantage as it means you have zero concerns about damage and durability.

After watching some of the world's most awe-inspiring sunsets on the beach, head out front to experience the legendary action of Thomas Drive. If you don't want to drive to dinner, rest assured knowing that your vehicle is safely parked right outside your front door - and you don't need any vehicles to enjoy the best that PCB has to offer because of this condo's incredible location!

When it comes to successful vacation rentals, it's all about location, location, location - and this condo is in the heart of everything you might want for creating unforgettable memories.

For the kiddos, there are go cart tracks, video arcades, mini golf courses, thrill rides, ice cream shops, souvenir shops, and the list goes on!

For the adults, there are numerous bars/restaurants right outside your door - including the Famous Ms. Newby's! No need to drive after those adult beverages, your condo is perfectly located just a few seconds away!

Welcome Home!!!

NOTE: Avoid ''unknown'' assessments sure to impact many FL Condo properties - and go with a well-established community that has already started the process/fully understands upcoming costs associated with becoming compliant with the new FL Condo Laws. Sugar Beach has already started the process and should be amongst the first in all of PCB to reach compliance! 

Where many properties haven't even started the process, and where some of the properties that have started are facing $60k+ assessments, Sugar Beach stands out as being incredibly proactive, and this approach has resulted in a much lower cost for compliance.

Each unit will require new sliding glass hurricane doors and hurricane windows on both floors. This cost is right at $20k, and the first quarterly payment isn't due until October of 2023. There will be 3 additional quarterly payments due after that, with the final payment being due July 2023 (over a year away).

Each unit will also have a separate expense to help cover property wide updates required to reach compliance. The cost for that is right at $21k, and will have the same quarterly payment plan.

The owner has taken these 2 costs ($41k) into consideration, as well as the $30k cost to fully furnish the condo with very nice items, and that is why this amazing unit is priced so low. The new owners can get this unit for a steal, fully furnish it however they wish, get new doors/windows/etc, and STILL be over $40k lower than the next lowest priced unit (which hasn't even addressed upcoming assessments associated with compliance just yet)!
#741325

Panama City Beach

8727 Thomas Drive B3

3 Beds

3 Baths

1,512 Sq.Ft.

$429,000

MLS#: 741325

CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS - This beautifully updated beach bungalow located in Emerald Pointe Resort is perfect for a part-time/full-time residence or investment property. This home features 2 bedrooms, 2 full baths, a 12x12 screened in patio, nice size add on living room with a breakfast bar over-looking it, and a separate 10x12 storage building with electricity for added storage. There is room to add on to the home and the owner has drafted preliminary plans which are available upon request. The home has had many updates since 2019 which include: AC unit in 2021, architectural shingle roof with ridge vent on Park Model and 10x12 storage building in 2021, microwave 2022, LVP Flooring throughout, interior paint and many more.  Ask your realtor for the complete list. The home is located on the Palm Tree road, which adds to its drive up appeal, and is centrally located between the clubhouse, both community pools and the dog walking areas.
Emerald Pointe Resort is a gated community located in the heart of Panama City Beach close to restaurants, shopping, and the world's most beautiful beaches. Amenities include a large clubhouse, exercise room, shared library, 2 pools (one heated seasonally), hot tub, lake with boardwalk, and shuffleboard court. HOA fee includes water, sewer, garbage, cable, and lawn service. All information is approximate and should be verified by buyer if important.
#737092

Panama City Beach

1219 Thomas Drive 84

2 Beds

2 Baths

652 Sq.Ft.

$209,900

MLS#: 737092

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