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9450 S Thomas Drive 303C, Panama City, FL 32408

Panama City, FL 32408
  • 2 Beds
  • 2 Baths
  • 1,152 Sq Ft
  • 2005 Built
  • MLS 777888

About this home

GREAΤ IΝVΕЅTΜEΝT PROPERTY THAT IЅ TURNKΕY READY! Step into Boardwalk Unit 303, a beautifully maintained Gulf-front condo offering strong rental potential, exceptional guest reviews, and plenty of opportunity for owner enjoyment. This 2-bedroom, 2-bath retreat is situated on a desirable lower level, offering convenience, privacy, and incredible Gulf views. AirDNA projects annual rental revenue of approximately $49,500 at just 58% occupancy, with an average daily rate of $236, giving owners the flexibility to generate rental income while still enjoying the condo themselves. The current owners have done exactly that, using the property personally while maintaining impressive rental performance. Even better, this unit has earned 75 five-star reviews on VRBO, demonstrating its proven guest appeal and repeat-worthy experience. VRBO Listing #1201224 is available for reference. Beautifully appointed with Restoration Hardware furnishings, high-end blackout curtains, top-of-the-line mattresses, and luxurious bedding, this condo is truly turnkey and ready to rent from day one. From sunrise to sunset, enjoy unobstructed panoramic Gulf views from the private balcony. The open floor plan creates a bright and inviting living space, flowing seamlessly from the upgraded kitchen with granite countertops, stainless steel appliances, and breakfast bar into the Gulf-front living area. The Gulf-front primary suite features balcony access, a soaking tub, walk-in shower, double vanity, and large closet. The private second bedroom offers its own full bath, providing excellent privacy for guests. Additional features include in-unit laundry, crown molding, and elevated coastal design details throughout. Boardwalk Beach Resort remains one of PCB's premier Gulf-front destinations, offering a zero-entry Gulf-front pool, two hot tubs, splash pad, on-site bar and grill, sauna, convenience shop, 24-hour gated security, and covered garage parking. With expansive beach frontage and excellent walkability to restaurants, events, and attractions, the location continues to be a favorite among vacationers. With Tootsies open nearby, the area is positioned to offer even more dining, nightlife, and entertainment within easy reach. NOW OFFERED AT A NEW REDUCED PRICE, Boardwalk Unit 303 presents an outstanding opportunity for buyers looking for a turnkey investment property with projected rental income, a proven five-star guest history, and the flexibility to enjoy their own piece of the Gulf Coast.

Property details

Property typeCondominium
StatusActive
Area03 - Bay County - Beach
SubdivisionBoardwalk Central
CityPanama City
CountyBay
Zip32408
StyleHighRise
Taxes$6,062
Tax year2024
HOAYes
HOA fee$3,601/qtr
WaterfrontYes
ViewGulf,Water
Special conditionsListedAsIs

Interior

Total rooms3
Full baths2
AppliancesElectricRange,ElectricWaterHeater
CoolingCentralAir,CeilingFans
HeatingCentral
Interior featuresBalcony,DoubleVanity,MainLevelPrimary,SoakingTub,SeparateShower

Exterior & lot

Lot dimensions0x0
PoolInGround,Community
ParkingParkingLot
Road frontageCity Street

Schools

ElementaryBreakfast Point
MiddleBreakfast Point
HighArnold

Community

Community featuresBarbecue, Beach, Clubhouse, Elevator, Playground, Pool, Sauna, Waterfront, Community Pool, Short Term Rental Allowed
DirectionsTravel West on Thomas Dr, Turn West on South Thomas Dr, Boardwalk is on the South side (Gulf Side)

Data source: Central Panhandle Association of REALTORS®

Location

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