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

$281,000


1

Bed


2

Baths


730

Sq Ft


Condo

Pending

Listed by

Mike S Herring

Keller Williams Realty Emerald

Last updated:

June 6, 2025, 01:11 PM

MLS#

774203

Source:

FL BCMLS

About This Home

5717 Thomas Drive #C142

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, PROFITGulf 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.

Home Facts

Condo

2 Baths

1 Bedroom

Built in 1981

Price Summary

281,000

$384 per Sq. Ft.

MLS #:

774203

Last Updated:

June 6, 2025, 01:11 PM

Added:

7 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

1

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2

Interior

Living Area:

730 Sq. Ft.


Structure

Structure

Architectural Style:

Low Rise

Building Area:

730 Sq. Ft.

Year Built:

1981


Finances & Disclosures

Finances

Price:

$281,000

Price per Sq. Ft:

$384 per Sq. Ft.

Source:FL BCMLS
The information being provided by Central Panhandle Association of Realtors is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Central Panhandle Association of Realtors. Keller Williams Realty Emerald is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Keller Williams Realty Emerald, a broker participant of Central Panhandle Association of Realtors. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Central Panhandle Association of Realtors and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Properties in listings may have been sold or may no longer be available. Copyright 2025 Central Panhandle Association of Realtors. All rights reserved.

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