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

$820,000

Est. payment /mo

$849,000

3.4%
Est.Price: ?

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

3 Beds

3 Baths

1,670 SqFt

SOLD DATE : 05/03/2024

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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 Emerald Coast MLS - IDX
Listed by Mike Herring Keller Williams Realty SRB
Michael Herring

Michael Herring

Realtor & Real Estate Agent | License ID: BK3256219

+1(850) 321-0917

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