Sold

Closed

16819 Front Beach Road 417

Panama City Beach FL, 32413

$820,000


$491.02 per sqft

Sold

Closed

3 Beds

3 Baths

1,670 sqft

Condos

Built in 2007

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.

755568

MLS ID

April 11, 2024

Listed

November 22, 2024

Updated

Map

16819 Front Beach Road 417
Panama City Beach FL, 32413

Interior Features

Bedrooms

3


Total Bathrooms

3


Full Bathrooms

3


Interior Features

Breakfast Bar, Pantry


Appliances

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


Laundry Description

Washer Hookup, Dryer Hookup, Stacked


Fireplace

No


Cooling

Yes


Cooling Description

Central Air, Ceiling Fan(s), Electric


Heating

Yes


Heating Description

Central, Electric

Exterior/Building Features

Exterior Features

Balcony, Pool


Architectual Style

High Rise

School Information

High School

Arnold


Elementary School

Hutchison Beach

Other Property Details

Area Name

03 - Bay County - Beach


Days on Market

12


Association Fee

$3,827


Association Fee Frequency

Quarterly


Association Amenities

Beach Rights, Game Room, Picnic Area


Garage

No


Parking

Covered, Garage


View

Yes


View Description

Gulf


County

Bay


Pool

Yes


Pool Features

In Ground, Community, Pool


Waterfront

Yes

Listing History

Date

Event

Price

5/3/2024

Sold

$820,000

4/24/2024

Pending

 

Courtesy of Keller Williams Realty Emerald, Mike S Herring,
Listing Contact: (850) 321-0917 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Rachel Warrell shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

© 2024 Central Panhandle Association of REALTORS. All rights reserved.

Powered byLuxury Presence