Sold
16819 Front Beach Road, 417
Panama City Beach FL, 32413
$820,000
$491.02 per sqft
Sold
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.
947119
MLSⓇ ID
April 12, 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, Floor Tile, Hallway Bunk Beds, Owners Closet, Pantry, Washer/Dryer Hookup, Window Treatment All
Appliances
Dishwasher, Microwave, Refrigerator, Stove/Oven Electric
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Central
Exterior/Building Features
Exterior Features
Balcony, Pool - In-Ground
Architectual Style
N/A
School Information
High School
Arnold
Elementary School
Hutchinson Beach
Other Property Details
Area Name
27 - Bay County
Days on Market
12
Association Fee
$3,827
Association Fee Frequency
Quarterly
Garage
No
Parking
Covered, Garage Detached
View
Yes
View Description
Gulf
County
Bay
Pool
Yes
Pool Features
Pool Type
Waterfront
Yes
Listing History
Date | Event | Price |
---|---|---|
5/3/2024 | Sold | $820,000 |
4/24/2024 | Pending | — |
Courtesy of Keller Williams Realty SRB, Mike Herring,
Listing Contact: 850-321-0917
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Data last updated 1:04 PM UTC, 11/22/2024