6415 Thomas Drive Unit 205, Panama City Beach, FL 32408

Property Description

PRICE REDUCED. This 2 bedroom 2 bath unit is absolutely gorgeous. Its 1595sq ft. of living space with a 288 sq. Ft. balcony is the perfect vacation home. Rarely does a unit come available for sale in this complex. This unit is located on the highly sought-after 2nd floor of the prestigious gated community of Princess Condominiums. This unit has been recently updated with fresh paint along with new living room furnishings and remote-powered window treatments in the master bedroom and living room. This unit move-in/rental-ready condo can accommodate 8 to 10 people. In addition to being steps from the ''World's most beautiful beach'', this unit features a full kitchen with stainless steel appliances and granite countertops, a separate alcove bar area with sink, icemaker, and wine refrigerator, and a spacious laundry room with sink & several cabinets and owner's closet. The laundry room has room for built-in bunk beds. The main suite has an ensuite bath with double sinks, a large spa tub, and a glass surround custom walk-in tiled shower with a built-in bench with a rain shower head. Walk-in closet and separate linen closet. The balcony is accessed from the master bedroom and living room. For investors looking to make a great return on their investment, Princess Condominiums is the perfect property. Princess Condominiums Homeowners Association offers an on-site rental management company that provides advertising, booking, cleaning & maintenance of your rental. Princess Condo Rental management takes pride in fostering and maintaining relationships with the owners and seasonal renters. They have a loyal clientele that continues to return year after year for 15+ years. The annual rental income for a two-bedroom condo (renting 6 months out of the year) is around $25,000 to $35,000. This fabulous location is close to all the great restaurants, shopping, golfing, fishing, boating, and several fun attractions. This property offers beach services that provide chairs and umbrellas on the beach along with jet skis and watersports. The Princess Condominiums offer two outdoor pools and one indoor heated pool, hot tub, arcade, fitness center, tennis, basketball, and shuffleboard court.