The Best kept SECRET in Panama City Beach...St. Thomas Square (STS)! STS is a Grand Lagoon waterfront property with a boat dock and Gulf access-about 20 minutes to the pass. And it's only a block to the BEACH! This efficiency makes a great beach retreat that can pay for itself when you're not using it. HOA, property taxes, and insurance is reasonable. It had a $10K renovation a year ago. A new, bright and roomy shower, new vanity with storage, new flooring, painted, keyless entry handset, and kitchenette. It has a sitting area with new loveseat that you won't find in any other efficiency. It's fully furnished and ready for both personal enjoyment and profit. The last efficiency sold was not furnished, not updated, and the kitchenette was a wreck (see MLS 678142).
Listing courtesy of Nautical Properties.