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Harrison Lilly Team

Owner/Operator | Harrison Lilly Emerald Coast | Harrison Lilly Realty | PLACE

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9450 S Thomas Drive 303c , Panama City, FL 32408
$529,000
Est. Payment: $2,922.65/mo
2 Bed
2 Bath
1152 Sqft
Status: Active | Days on site: 400
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Harrison Lilly Team
Owner/Operator

House Description

GREAT INVESTMENT PROPERTY THAT IS TURNKEY READY! Step into Boardwalk Unit 303, a beautifully maintained Gulf-front condo offering strong rental potential, exceptional guest reviews, and plenty of opportunity for owner enjoyment. This 2-bedroom, 2-bath retreat is situated on a desirable lower level, offering convenience, privacy, and incredible Gulf views. AirDNA projects annual rental revenue of approximately $49,500 at just 58% occupancy, with an average daily rate of $236, giving owners the flexibility to generate rental income while still enjoying the condo themselves. The current owners have done exactly that, using the property personally while maintaining impressive rental performance. Even better, this unit has earned 75 five-star reviews on VRBO, demonstrating its proven guest appeal and repeat-worthy experience. VRBO Listing #1201224 is available for reference. Beautifully appointed with Restoration Hardware furnishings, high-end blackout curtains, top-of-the-line mattresses, and luxurious bedding, this condo is truly turnkey and ready to rent from day one. From sunrise to sunset, enjoy unobstructed panoramic Gulf views from the private balcony. The open floor plan creates a bright and inviting living space, flowing seamlessly from the upgraded kitchen with granite countertops, stainless steel appliances, and breakfast bar into the Gulf-front living area. The Gulf-front primary suite features balcony access, a soaking tub, walk-in shower, double vanity, and large closet. The private second bedroom offers its own full bath, providing excellent privacy for guests. Additional features include in-unit laundry, crown molding, and elevated coastal design details throughout. Boardwalk Beach Resort remains one of PCB's premier Gulf-front destinations, offering a zero-entry Gulf-front pool, two hot tubs, splash pad, on-site bar and grill, sauna, convenience shop, 24-hour gated security, and covered garage parking. With expansive beach frontage and excellent walkability to restaurants, events, and attractions, the location continues to be a favorite among vacationers. With Tootsies open nearby, the area is positioned to offer even more dining, nightlife, and entertainment within easy reach. NOW OFFERED AT A NEW REDUCED PRICE, Boardwalk Unit 303 presents an outstanding opportunity for buyers looking for a turnkey investment property with projected rental income, a proven five-star guest history, and the flexibility to enjoy their own piece of the Gulf Coast.

Highlights

Listed by Kerri C Tomasicyk , 414-915-7556 Found Real Estate Company , 904-584-5161. Bay County Association of REALTORS

Property Type

Condo/Townhome

HOA Fee

3600.94 Quarterly

Year Built

2005

County

Bay

Area

03 - Bay County - Beach

Neighborhood

Boardwalk Central

Listing ID

777888

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:2
  • ▪ Bathrooms:2
  • ▪ Full Bathrooms:2
Appliances:Electric Range, Electric Water Heater
Air Cond:Central Air,Ceiling Fan(s)
Fireplaces:
Other:
  • ▪ Additional:Balcony, Double Vanity, Main Level Primary, Soaking Tub, Separate Shower

Exterior Features

Lot:Paved
Lot Dimensions:0x0
Sewer:Public Sewer
Parking Features:Parking Lot
Principal Interest
$2,923
Taxes
$505
HOA
$3,601

Home Price

$529,000

Loan Details

30 yrs
7.374%

Down Payment

20%
$105,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,922.65

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $2,922.65 $505.17 $3,600.94 $7,028.76
Yearly $35,071.79 $6,062.00 $43,211.28 $84,345.07
Total $1,052,153.57 $181,860.00 $1,296,338.40 $2,530,351.97

Today's Rates

30 Year

7.37%

20 Year

7.27%

15 Year

6.8%

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Market insight data is pulled from the same city as the listing being viewed (Panama City, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bay County Association of REALTORS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-10-07T08:07:44.000Z

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