Sunrise Beach Gulf Front Unit 2002 is a Fannie Mae REO
Under Contract in less than 24 hours!
Sunrise Beach is a waterfront condo in Panama City Beach and close to Pier Park. Similar units in Sunrise Beach will generate $40K to $50K in gross rental income. Sunrise Beach units are in high demand with only 4 currently on the market. Priced at $270K it is currently listed $50K less than the last 4 sales of two bedroom w/ bunk room plans at over $315K. This is a Fannie Mae REO and is back on the market. Fannie Mae is not offering a first look period for primary residents, nor are they offering HomePath financing on this foreclosure. The unit is in good condition, but will need new appliances, carpet and fresh paint.
This Sunrise Beach condo will not last long. Contact Craig Baranowski @ 850-259-1788 for more details.Sunrise Beach Unit 2002 14825 Front Beach Road Unit 2002 Panama City Beach, FL 32413 1,242sf or $217/sf 2Bedrooms | 2 Baths w/ Bunk Room Built in 2005 Fannie Mae Bank Owned Property/ REO Offered at $270,000