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17729 Front Beach Rd #103 East, Panama City Beach, FL 32413

17729 Front Beach Rd #103 East, Panama City Beach, FL 32413

1 beds 2 baths 891 Sqft

Image sold property

Closed at $298,000
$335.58/sf

Description:

Closed   -  Condominium for sale

Note: This property is not currently for sale or for rent on beycome. The description below may be from a previous listing.

$299k. Firm. 1st floor. Always rents for more and easier than higher floors. Period. Being able to skip the elevator is a huge thing that guests look for. We had 359 nights rented last year. Brings in about $50k per year. Splash is different than any other resort because of the Indoor WaterPark. Also, it has a lot less (about 1/2 of the average) condos than other resorts. Less crowded and less supply, with higher demand. Bought for $266. $271 after closing costs. Spent about $15,000 on completely brand new air conditioning system, faux wood tile floors in master, appliances, love seat/twin convertible bed. Sleeps 8 with King, 3 bunks, Queen convertible, Twin convertible, and 2 Full Bathrooms. We are only selling because we already own several others all in Splash. New owner may want to make some minor cosmetic changes (paint, etc), but not necessary. No real estate commission unless you would like to add it to the price. Major renovation for the whole Resort done in 2019/2020 and is now finished for the East tower. The West tower will still be tied up until at least March, making the finished East tower in even more demand. Obviously, you will also get a pretty big check (depending on closing date of course) at closing for the upcoming weeks that have already been rented. A bank which I have done business with offers 11% down, 30 year mortgage, with a great rate (depends on credit and debt to income).

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MLS: # 691587

Location

What will my commute be?

Facts and features:

Status: Closed

Listed Date: 12/04/2019

Days On Market: 1842

Closing:

Availability Date: 2019-12-04

HOA:

Association Amenities: Ceiling Fan, Recreational, Restaurant, Wired, Cable Ready, Gym, Alarm, Pool, No pets, Waterfront, Dryer, Washer in building, Controlled, Disposal, Balcony/Patio, Washer in Unit, Hot tub, Disability Features, Fire Sprinkler, Playground, Microwave, Oven, Freezer, Refrigerator, Elevator, Dishwasher, Security, Sprinkler, BBQ, Garage

Structure:

Year Built: 2006

Building Name: Splash Resort

Flooring: 11

Utilities:

Utilities: 1

Open House:

 

 

 

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Score:

-panama city beach-for-sale-17729 front beach rd #103 east, panama city beach, fl 32413-1884053

 

 

 

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