$820,000
$849,000
3.4%For more information regarding the value of a property, please contact us for a free consultation.
16819 Front Beach Road #417 Panama City Beach, FL 32413
3 Beds
3 Baths
1,670 SqFt
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 Stage 2
MLS Listing ID 947119
Sold Date 05/03/24
Bedrooms 3
Full Baths 3
HOA Fees $1,275/qua
HOA Y/N Yes
Year Built 2007
Property Sub-Type Condominium
Source Emerald Coast Association of REALTORS®
Land Area 1670
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, Community Room, Dumpster, Elevators, Exercise Room, Fishing, Pool, Tv Cable, Waterfront, Whirlpool
Area 27 - Bay County
Direction From the intersection of Highway 79 and Panama City Beach Parkway, go South on Arnold to Front Beach Road. Take a left and Tidewater Resort will be on the Gulf side within the first half mile.
Rooms
Primary Bedroom Level Main
Master Bedroom true
Kitchen true
Interior
Interior Features Breakfast Bar, Floor Tile, Hallway Bunk Beds, Owner's Closet, Pantry, Washer/Dryer Hookup, Window Treatment All
Heating Central
Cooling Central Air
Appliance Dishwasher, Microwave, Refrigerator, Stove/Oven Electric
Exterior
Exterior Feature Balcony, Pool - In-Ground, In-Ground Pool, Balcony
Parking Features Covered, Garage Detached
Pool Pool Type
Community Features Beach, Community Room, Dumpster, Elevators, Exercise Room, Fishing, Pool, TV Cable, Waterfront, Whirlpool
Utilities Available Electric, Public Sewer, Public Water
Waterfront Description Gulf
View Gulf
Garage No
Building
Faces From the intersection of Highway 79 and Panama City Beach Parkway, go South on Arnold to Front Beach Road. Take a left and Tidewater Resort will be on the Gulf side within the first half mile.
New Construction No
Schools
Elementary Schools Hutchinson Beach
Middle Schools Surfside
High Schools Arnold
Others
Pets Allowed No
HOA Fee Include Accounting,Ground Keeping,Internet Service,Management,Master Association,Recreational Faclty,Security,Sewer,Telephone,Water,Cable TV,Trash
Tax ID 40000-975-042
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