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

Details

PERFECT FLIP SCENARIO: 1.) Assume loan or $159,000 (may be lower by closing date). 2.) Cash or financing 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 $340,000 - $350,000 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.