$223,000
$248,900
10.4%For more information regarding the value of a property, please contact us for a free consultation.
1320 E 5th ST #103 Panama City, FL 32401
2 Beds
2 Baths
844 SqFt
Key Details
Sold Price $223,000
Property Type Condo
Sub Type Condominium
Listing Status Sold
Purchase Type For Sale
Square Footage 844 sqft
Price per Sqft $264
Subdivision Bayou Pointe Villas
MLS Listing ID 775714
Sold Date 09/15/25
Style Low Rise
Bedrooms 2
Full Baths 2
HOA Y/N Yes
Year Built 1985
Annual Tax Amount $3,356
Tax Year 2024
Property Sub-Type Condominium
Property Description
CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS
Charming Turnkey Rental Investment with Boat Slip in Beautiful Panama City, Florida!
Welcome to your next investment! This delightful turnkey rental Condo is the perfect opportunity for anyone looking to step into the thriving Panama City rental market without the hassle.
What You'll Love About This Property:
- Fantastic Location: Situated right on Watson Bayou just a mile away from Downtown Panama City with amazing dining spots, and fun local attractions, this unit is perfectly positioned to attract both vacationers and long-term tenants. Perfect for avid fishermen, keep your boat at the deeded boat slip and just a 10 minute ride to the Saint Andrews Pass!
- Move-In Ready: Fully furnished with stylish decor and comfortable furnishings, this charming unit is ready to welcome guests right away. Simply move in or list it for rentals immediately!
- Spacious Comfort: With 844 sq ft of inviting living space, this unit features 2 cozy bedrooms and 2 bathrooms, plus an open-concept layout that's perfect for relaxing or entertaining.
- Modern Amenities: Enjoy a well-equipped kitchen with sleek stainless steel appliances, generous countertops, and ample storage options. Plus, you'll find convenient in-unit laundry facilities and air conditioning for year-round comfort. HOA covers Internet, boat slip (with Electric & water), trash, & pest control! Only pay your electric!
- Bonus Feature - Deeded Boat Slip: This property even includes a deeded boat slip! Perfect for those who love spending time on the water, it offers easy GULF access to boating and fishing right from your doorstep.
- Rental History: With AirbNb rental history and a high demand for properties in this area, you can feel confident in your investment's potential for cash flow and appreciation.
- Low Maintenance: Well-maintained and managed, this property is not only charming but also easy to care for, making it an ideal rental investment.
Don't miss this friendly and fabulous turnkey rental opportunity in lovely Panama City! Contact us today to schedule your showing and start your journey to owning this amazing property!
Any Assessment paid in full at closing!
Location
State FL
County Bay
Community Dock, Fishing, Park, Waterfront, Gated, Short Term Rental Allowed
Area 02 - Bay County - Central
Interior
Heating Central, Electric
Cooling Central Air, Ceiling Fan(s)
Flooring Luxury Vinyl Plank
Fireplace No
Appliance Washer/Dryer Stacked, Electric Range, Electric Water Heater
Laundry Stacked
Exterior
Exterior Feature Boat Slip, Dock
Parking Features Electric Gate, Paved, Parking Lot
Fence Partial
Community Features Dock, Fishing, Park, Waterfront, Gated, Short Term Rental Allowed
Utilities Available Electricity Available
Amenities Available Dock, Gated, Picnic Area, Boat Slip
Waterfront Description Bay Access,Bayou,Seawall
Water Access Desc Bay Access,Bayou,Seawall
View Bayou
Porch Balcony, Covered, Patio
Private Pool No
Building
Sewer Public Sewer
Architectural Style Low Rise
New Construction No
Schools
Elementary Schools Cherry Street
Middle Schools Jinks
High Schools Bay
Others
Tax ID 22331-954-000
Security Features Gated Community
Special Listing Condition Listed As-Is
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Bought with Foundation Real Estate Agency LLC