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  • Price$475,000
  • Beds2
  • Baths2
  • SQ. Feet1,083
  • Built1982

8815 Thomas Drive # 201, Panama City Beach

Why is this Moondrifter unit more special than most? (answer: THE BALCONY!) This is the most private balcony one can imagine with nothing but the Gulf of Mexico and the sandy beach as permanent fixtures in front of you - You do not see any other balconies from yours. Incredibly the size of the ''01'' stack balcony is close to 35 feet long x 8 feet wide. The unit itself has over 1000 square feet of heated and cooled space inside as well which includes 2 bedrooms, 2 baths, a kitchen, a dining section and a living room. Although this would be a great rental investment, it is the perfect residence as well if you want to be living a beach dream that is too good to be true. The complex has a pool, a picnic area, shuffleboard, and a tennis court. Although nothing has been set in stone, there was a news story that broke saying Tootsie's Orchid Lounge (same name as in Pier Park) would be going in the old Spinnaker Beach Club. An updated version was announced in August saying the deal was not yet finalized. Nothing is apparently concrete as of this date, but imagine the rental potential if Tootsie's (which is famous in Nashville) opens in such close proximity to this condo! Don't let this BIG FISH get away - See it to believe it! Rental Projections on previous listings claim to be over $60K if managed correctly. HOA Fees will change to 975.48 monthly in 2024-

Essential Information

  • MLS® #749429
  • Price$475,000
  • Bedrooms2
  • Bathrooms2.00
  • Full Baths2
  • Square Footage1,083
  • Acres0.00
  • Year Built1982
  • TypeResidential
  • Sub-TypeCondominium
  • StyleHigh Rise
  • StatusActive

Amenities

  • AmenitiesBeach Rights, Picnic Area
  • UtilitiesCable Available, Sewer Available, Trash Collection, Water Available
  • FeaturesWaterfront
  • ParkingGuest, Oversized, Paved, Parking Lot
  • GaragesGuest, Oversized, Paved, Parking Lot
  • ViewGulf
  • Is WaterfrontYes
  • WaterfrontGulf, Waterfront
  • Has PoolYes
  • PoolIn Ground, Community

Exterior

  • Exterior FeaturesBalcony
  • Lot DescriptionWaterfront

Additional Information

  • Date ListedNovember 18th, 2023
  • HOA Fees900
  • HOA Fees Freq.Monthly

Community Information

  • Address8815 Thomas Drive # 201
  • Area03 - Bay County - Beach
  • SubdivisionMoondrifter
  • CityPanama City Beach
  • CountyBay
  • StateFL
  • Zip Code32408

Interior

  • Interior FeaturesBreakfast Bar, Window Treatments
  • AppliancesDryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • HeatingCentral
  • CoolingCentral Air, Ceiling Fan(s)
  • # of Stories8

School Information

  • ElementaryBreakfast Point
  • MiddleBreakfast Point
  • HighArnold

Listing Details

  • Listing OfficeERA Neubauer Real Estate Inc

Price Change History for 8815 Thomas Drive # 201, Panama City Beach, FL (MLS® #749429)

Date Details Price Change
Price Reduced (from $489,500) $475,000 $14,500 (2.96%)
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DISCLAIMER: 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 Source: Bay County Association Of REALTORS® Multiple Listing Service