Panama City Beach, FL 32413,16819 Front Beach Road #417
Panama City Beach, FL 32413,16819 Front Beach Road #417
Panama City Beach, FL 32413,16819 Front Beach Road #417
66
$820,000
$849,000
3.4%
Est.Price: ?

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3 BD
3 BA
1,670 SqFt

16819 Front Beach Road #417 Panama City Beach, FL 32413

Est. payment /mo
SOLD DATE : 05/03/2024

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Key Details

Sold Price $820,000

Property Type Condo

Sub Type Condominium

Listing Status Sold

Purchase Type For Sale

Square Footage 1,670 sqft

Price per Sqft $491

Subdivision Tidewater Beach Phase Ii

MLS Listing ID 755568

Sold Date 05/03/24

Style High Rise

Bedrooms 3

Full Baths 3

HOA Fees $1,275/qua

HOA Y/N Yes

Year Built 2007

Property Sub-Type Condominium

Property Description

Tidewater Beach Resort #417 in Panama City Beach, Florida, is a highly desirable property with its spacious three-bedroom, three-bathroom layout with 1670 square feet and stunning wraparound balcony. The unit has been recently remodeled with custom furnishings, making it an attractive option for both owners and renters alike.Despite the owner's frequent use of the property, it still generates substantial rental income. With the potential to exceed $70,000 in gross rental income when fully booked, it's clear that this condo offers a significant return on investment. Even with heavy owner usage, it has consistently brought in impressive rental income, showcasing its appeal to vacationers.With heavy owner usage, the condo generated $53,850.30 in rental income in 2022, $57,202.21 in 2023, and has already rented and booked $32,331.62 in 2024 (through April 11, 2024).Situated on the eastern corner of Tidewater, the condo boasts breathtaking views of the Emerald Coast's emerald waters. Its low-floor location provides added convenience, allowing residents to easily access the unit via stairs if desired.The amenities offered by Tidewater Beach Resort are top-notch, ensuring that guests have everything they need for a memorable stay. From multiple pools and hot tubs to a fitness center, game room, and even a movie theater, there's no shortage of entertainment options. Plus, the proximity to Pier Park, with its fireworks displays, adds an extra layer of excitement to the location.Overall, Tidewater Beach Resort #417 is a true delight for both owners and guests. Its combination of luxury, convenience, and income potential makes it a standout property in Panama City Beach.

Location

State FL

County Bay

Community Beach, Clubhouse, Elevator, Fitness Center, Fishing, Game Room, Other, Sauna, See Remarks, Short Term Rental Allowed, Pool

Area 03 - Bay County - Beach

Interior

Interior Features Breakfast Bar, Pantry

Heating Central, Electric

Cooling Central Air, Ceiling Fan(s), Electric

Furnishings Furnished

Fireplace No

Appliance Washer/Dryer Stacked, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator

Laundry Washer Hookup, Dryer Hookup, Stacked

Exterior

Exterior Feature Balcony, Pool

Parking Features Covered, Garage

Pool In Ground, Community, Pool

Community Features Beach, Clubhouse, Elevator, Fitness Center, Fishing, Game Room, Other, Sauna, See Remarks, Short Term Rental Allowed, Pool

Utilities Available Electricity Connected, Sewer Connected, Trash Collection, Water Connected

Amenities Available Beach Rights, Game Room, Picnic Area

Waterfront Description Gulf

View Y/N Yes

Water Access Desc Gulf

View Gulf

Porch Balcony

Building

Architectural Style High Rise

Schools

Elementary Schools Hutchison Beach

Middle Schools Surfside

High Schools Arnold

Others

HOA Fee Include Clubhouse,Cable TV,Fishing Rights,Internet,Maintenance Grounds,Pool(s),Sewer,Security,Trash,Water

Tax ID 40000-975-042

Security Features Building Security,Smoke Detector(s),Security Service

Financing Cash

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Listed by Keller Williams Realty Emerald
Bought with Keller Williams Realty Emerald

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agent

Hudson "Mitch" Willis

Team Leader of The Hudson Willis Group | License ID: 3508506

+1(850) 756-1823

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