8817 S Thomas Drive Unit A503 Panama City Beach, FL 32408
$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.
Listing provided courtesy of Alikhver Realty / gleb@alikhver.com
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MLS # : 776776
Architecture
- Year Built: 1976
- Stories:
- Project Facilities: Barbecue, Elevator, FitnessCenter, GameRoom, ShortTermRentalAllowed, Waterfront, Pool
- Construction:
Interior Features
- Square Footage: 489
- Appliances: Dishwasher, ElectricOven, ElectricRange, Microwave, Refrigerator
- Interior Features: Fireplace, SmartThermostat
Property Features
- Lot Access: CityStreet
- Lot Description: Waterfront
- Waterfront: Gulf,ShorelineSand,Waterfront
- Waterview: Gulf
- Parking: ParkingLot
- Utilities: CableConnected, HighSpeedInternetAvailable
- Zoning: Residential
Community
- Schools: Breakfast Point, Breakfast Point, Arnold
- HOA Includes: AssociationManagement, Internet, MaintenanceGrounds, MaintenanceStructure, Pools, Water
- HOA FEE: 482
- HOA Payable: Monthly
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