Sold

5717 Thomas Drive Unit C142, Panama City Beach, FL 32408

Bed
1
Baths
2
Sqft
730

View property features, location on map, relevant school information and overview from seller's agent.

Listed byKeller Williams Realty Emerald
  • 7
  • 0

Overview

UNDER CONTRACT WITH CONTINGENCIES; SELLER ACCEPTING BACKUP OFFERS.

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, PROFIT

Gulf 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

Full feature list

Basic info

Number of bedrooms
1
Number of bathrooms
2
Square feet
730
Year built
1981

Exterior features

Water view
Yes
Area amenities
Gated Community

Utilities

Sewer
Public sewer

Public schools

Loading

Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: Central Panhandle Association of REALTORS MLS®#: 774203

The data relating to real estate for sale on this website comes in part from the Internet Data exchange program of Central Panhandle Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2024 Central Panhandle Association of REALTORS®. All Rights Reserved.