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5115 Gulf Drive 2002
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PRICED AT ONLY: $388,000

Address: 5115 Gulf Drive 2002, Panama City, FL 32408

Description

This 1BR + BUNKS/2BA condo at Seychelles in Panama City Beach earned over $41K IN RENTAL INCOME last year, making it a strong short term rental investment and the perfect vacation getaway. Designed to accommodate up to six guests, it features a king size master, built in hallway bunks, and a sofa sleeper in the living area ideal for families or groups. Step through sliding glass doors onto a spacious private balcony with sweeping east and west coast views. Inside, 9 foot ceilings and hard flooring throughout (luxury vinyl plank in the bedroom, tile elsewhere) create a modern, low maintenance aesthetic. The kitchen is equipped with stainless appliances, while a stacked washer and dryer add convenience for longer stays. Seychelles offers a rare all inclusive ownership experience with low HOA fees covering all utilities electricity, cable, internet, water, and trash reducing monthly expenses and maximizing rental potential. Resort style amenities include two pools (one seasonally heated gulf front), a hot tub, fitness center, game room, high speed elevators, covered parking, and onsite management. Enjoy a peaceful east end setting while staying close to the best of Panama City Beach Schooners, St. Andrews State Park, marinas, and dining are just minutes away. Take the first step toward owning your beach getaway call today!

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  • MLS#: 781225 ( Residential )
  • Street Address: 5115 Gulf Drive 2002
  • Viewed: 71
  • Price: $388,000
  • Price sqft: $439
  • Waterfront: Yes
  • Wateraccess: Yes
  • Waterfront Type: Gulf
  • Year Built: 2006
  • Bldg sqft: 883
  • Bedrooms: 1
  • Total Baths: 2
  • Full Baths: 2
  • Days On Market: 118

Description

This 1BR + BUNKS/2BA condo at Seychelles in Panama City Beach earned over $41K IN RENTAL INCOME last year, making it a strong short term rental investment and the perfect vacation getaway. Designed to accommodate up to six guests, it features a king size master, built in hallway bunks, and a sofa sleeper in the living area ideal for families or groups. Step through sliding glass doors onto a spacious private balcony with sweeping east and west coast views. Inside, 9 foot ceilings and hard flooring throughout (luxury vinyl plank in the bedroom, tile elsewhere) create a modern, low maintenance aesthetic. The kitchen is equipped with stainless appliances, while a stacked washer and dryer add convenience for longer stays. Seychelles offers a rare all inclusive ownership experience with low HOA fees covering all utilities electricity, cable, internet, water, and trash reducing monthly expenses and maximizing rental potential. Resort style amenities include two pools (one seasonally heated gulf front), a hot tub, fitness center, game room, high speed elevators, covered parking, and onsite management. Enjoy a peaceful east end setting while staying close to the best of Panama City Beach Schooners, St. Andrews State Park, marinas, and dining are just minutes away. Take the first step toward owning your beach getaway call today!
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Living Area: 0.00
School Information
  • High School: Arnold
  • Middle School: Surfside
  • School Elementary: Patronis
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
Eco-Communities
  • Pool Features: Community
Utilities
  • Carport Spaces: 0.00
  • Cooling: CentralAir, CeilingFans
  • Heating: Electric
  • Sewer: PublicSewer
  • Utilities: CableConnected, ElectricityAvailable
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Pet Deposit: 0.00
  • Security Deposit: 0.00
  • Tax Year: 2024
  • Trash Expense: 0.00
Other Features
  • Appliances: ElectricOven, ElectricRange
  • Interior Features: CofferedCeilings
  • Legal Description: SEYCHELLES RESORT CONDOMINIUM UNIT 2002 TYPE B ORB 2753 P 1936 1BR/BUNK/2BA ORB 3939 P 1352 883 SQ.FT
  • Area Major: 03 - Bay County - Beach
  • Occupant Type: Tenant
  • Parcel Number: 31437-400-172
  • Style: HighRise
  • The Range: 0.00
  • Unit Number: 2002
  • Views: 71
Nearby Subdivisions
[no Recorded Subdiv]   Bay Point Golf Villas I   Bay Point Grand Residences   Bay Point Harbour Villas   Bay Point Studio Villas Unit 2   Bay Point Studio Villas Unit 3   Boardwalk Central   Dockside North   Dunes Of Panama Phase V   Emerald Park Condominium   En Soleil Condo   Grand Lagoon Cove Condominium   Grande Surf Club Condo   Greenwood Estates 1   Greenwood Estates 5   Greenwood Estates 6   Greenwood Estates 8   Gulf Crest Condo   Hidden Dunes Condo   Hidden Lagoon   Lagoon Towers Phase I   Laketown Wharf   Laketown Wharf Phase Ii   Largo Mar Condo   Magnolia Bay Club   Marina Club Village   Mariner West Condo   Moondrifter   Moonspinner Apartments   Ocean Terr. Condo.   Oceanna Condo   Palisades Condo Ph 1   Pelican Walk   Plazas Of St.thomas I   Quarter Deck Condo.   Reflections   Regency Towers   Sand Castles Villa   Sand Castles Villas Condo   Seychelles Resort Condominium   Shade Tree Condo Ph Ii   Shores Of Panama   Shores Of Panama Ii   Shores Of Panama Phase I   Shores Of Panama Phase Ii   St. Andrews Park Place   Sugar Beach Condo   Summerhouse Condo.   Summerhouse Of P.c. 2   Summerhouse Of P.c. 3   Summerwinds Condo   Summit   Sunbird Condo   Sunswept 3   Sunswept 4   The Commodore   The Summit   Top Of The Gulf Condo.   Treasure Cove Condo.   Treasure Island Resort   Villas Of St. Thomas 1   Villas Of St. Thomas 3   Villas Of St. Thomas 4   Watercrest Condo   Waterhaven   Whispering Seas  
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