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Property view

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

$820,000


3

Beds


3

Baths


1,670

Sq Ft


Condo

Sold

Listed by

Mike S Herring

Bought with Keller Williams Realty Emerald

Keller Williams Realty Emerald

MLS#

755568

Source:

FL BCMLS

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About This Home

16819 Front Beach Road #417

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.

Home Facts

Condo

3 Baths

3 Bedrooms

Built in 2007

Price Summary

849,000

$508 per Sq. Ft.

MLS #:

755568

Sold:

May 3, 2024


Rooms & Interior

Bedrooms

Total Bedrooms:

3

Bathrooms

Total Bathrooms:

3

Full Bathrooms:

3

Interior

Living Area:

1,670 Sq. Ft.


Structure

Structure

Architectural Style:

High Rise

Building Area:

1,670 Sq. Ft.

Year Built:

2007


Finances & Disclosures

Finances

Price:

$849,000

Price per Sq. Ft:

$508 per Sq. Ft.

Source:FL BCMLS
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