$805,000

Currently under contract, seller will consider backup offers. Experience unparalleled beachside living at Ocean Ritz #1101, a rare 4 bedroom, 4 bathroom corner unit ideally situated in the heart of Panama City Beach. This spacious, fully updated gulf front condo offers unobstructed views of the emerald waters and sugar white sands from one of the largest balconies in the area(493 square feet)comfortably accommodating up to 14 guests outdoors for dining, lounging or sunset viewing. With 1637 square feet of bright, open concept living space, this retreat is thoughtfully appointed with: Floor to ceiling glass sliders showcasing panoramic gulf views, new modern furnishings and updates(less than 2 years old), granite countertops, stainless steel appliances(all less than 2 years old), newer stainless steel washer and dryer(less than 3 years old), HVAC replaced July of 2024 for peace of mind and efficiency. Designed to sleep 12 guests comfortably, the unit features 4 full bathrooms, making it an exceptional option for large families or vacation groups. The wraparound balcony is an entertainers dream, ideal for sunrise cocktails, or simply soaking in the serene sounds of the surf. Exceptional short term rental performance:Approximately $120,000 gross revenue for 2 years in a row. Self managed(no property management fees). 5 star guest ratings on Airbnb and VRBO. Listing ID numbers 2540134 and 38773493. Ocean Ritz is a low density, well managed building with only 3 units per floor, offering a private atmosphere and premium amenities including a beachfront pool, hot tub, fitness center, sauna, BBQ area, an assigned covered parking spot, and plenty of guest parking. All information is approximate and should be verified by buyers if important