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$281,000

Est. payment - /mo

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1 Bed

2 Baths

730 SqFt

New

5717 Thomas Drive #C142 Panama City Beach, FL 32408

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Hudson "Mitch" Willis

hudson@hudsonwillisgroup.com +1(850) 756-1823

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Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 730 sqft

Price per Sqft $384

Subdivision Largo Mar Condo

MLS Listing ID 774203

Style Low Rise

Bedrooms 1

Full Baths 2

Construction Status Under Construction

HOA Fees $2,238/qua

HOA Y/N Yes

Year Built 1981

Property Sub-Type Condominium

Property Description

PERFECT FLIP SCENARIO:1.) Assume loan or $159,000 (may be lower by closing date).2.) Financing or cash for difference between loan amount and purchase price.3.) Remodel the condo (materials already purchased, listed below).4.) Put the property back on the market at today's remodeled market price of $326,000.5.) PROFIT, PROFIT, PROFITGulf view from balcony.Here are the materials that have already been purchased and paid for by the seller:-Cabinets and appliances and custom plantation shutters.-Sheetrock and sheetrock mud to complete covering of open areas in the ceiling bedroom and full bathroom on main entrance level. -42 inch complete fiberglass shower unit (pan was with rest of unit outside of box).-toilet for full bathroom lower level (not damaged).-mirrored door to be reattached to maintenance closet bedroom.-ring box for doorbell under sink in bathroom adjacent to bedroom. Not activated at this time but ring doorbell has been mounted on entrance door.-plywood to cover the main level bathroom floor only. -gray paint in 2 - 5-gallon buckets (Sherman Williams - big chill is color gray paint). Enough to paint entire unit.-new pocket door for new bathroom on main level is on top floor out of way for structure repair. louvered door for laundry is in storage unit.****A louvered door that goes on the washer/dryer closet in bedroom is located inside unit 142 storage unit outside bedroom entrance. The door will require a new door frame; the actual door should be fine as stored in dry space. Teak high bar seat (goes outside 3rd floor bedroom door. Gray wicker chair with side table goes on top floor balcony.There is furniture in a storage unit that can be purchased separately via cashier's check to seller at closing.*Furniture inventory can be confirmed once under contract.Storage unit on 3rd flood is deeded to C142.

Location

State FL

County Bay

Community Short Term Rental Allowed, Pool

Area 03 - Bay County - Beach

Interior

Furnishings Unfurnished

Fireplace No

Exterior

Pool Community, Pool

Community Features Short Term Rental Allowed, Pool

Utilities Available Cable Available

Amenities Available Beach Rights, Gated

View Y/N Yes

View Gulf

Building

Architectural Style Low Rise

Construction Status Under Construction

Schools

Elementary Schools Patronis

Middle Schools Surfside

High Schools Arnold

Others

HOA Fee Include Cable TV,Internet,Legal/Accounting,Maintenance Grounds,Pest Control,Pool(s),Sewer,Trash,Water

Tax ID 31431-192-000

Listed by Keller Williams Realty Emerald

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Hudson "Mitch" Willis

Team Leader of The Hudson Willis Group | License ID: 3508506

+1(850) 756-1823

5717 Thomas Drive #C142 Panama City Beach, FL 32408

Hudson "Mitch" Willis

Key Details

Location

Interior

Exterior

Building

Schools

Others

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5717 Thomas Drive #C142