10611 Front Beach Road 401, Panama City Beach, FL 32407

$817,000
Property Type: Residential Bedrooms: 4 Baths: 4 Square Footage: 1,637 Status: Sold
Current Price: $817,000 List Date: 3/21/2024 Last Modified: 9/27/2024

Overview

Description

Experience the allure of beachfront paradise at its finest with this captivating condo nestled within the coveted Ocean Ritz. Positioned on the fourth floor, this gem offers unparalleled views of the shimmering Gulf from its oversized balcony – a feature that beckons relaxation and unforgettable moments. With two Gulf-front master suites seamlessly connecting to the balcony, and a total of four bedrooms and bathrooms accommodating up to 13 guests, this residence promises ample space for both comfort and entertaining. The well-appointed kitchen, adorned with granite countertops, sets the stage for culinary adventures, while the open-concept living and dining area beckons with warmth and hospitality. With luxurious touches like a whirlpool tub in one of the master bathrooms, every aspect of this condo exudes comfort and elegance. Beyond its inherent charm, this property presents a lucrative investment opportunity, boasting a strong history of rental income generation average around $93,

Listing Details MLS# 754575

Contract Info

List Price/SqFt
549.18

Location

Area
03 – Bay County – Beach
Street #
10611
Street Name
Front Beach
Street Suffix
Road
Unit #
401
State
FL
Zip Code
32407
County
Bay
Sub Area
0318 – Beach – Central South
Subdivision
Ocean Ritz
Community/Resort
None
Waterfront
Yes
Parcel ID
40000-250-004
Elementary School
Hutchison Beach
Middle School
Surfside
High School
Arnold
Directions
From Churchwell Dr and Front Beach Rd, turn left onto Front Beach Rd. Look for Ocean Ritz on the right.
Legal Description
OCEAN RITZ CONDO UNIT 401 TYPE A ORB 2855 P 936 4BD/4BR ORB 4566 P 1802 1637 SQ.FT.H&C . 493 SQ.FT.BALC

General Property Info

Sub-Type
Condominium
Design
High-Rise (8+ floors)
Apx SqFt(Htd/Cooled)
1637
SqFt Source
Prop App Site
Full Baths
4
Total Baths
4
Year Built
2006
Construction Status
Construction Complete
Garage Y/N
No
Lot Dimensions
Condo

Status Change Info

Under Contract Date
2024-05-05
Sold Date
2024-05-17
Sold Price/SqFt
499.08

Listing Info, Tax and Legal

HOA Fee
Yes
HOA Amount
1075
HOA Frequency
Monthly
HOA Annual Amount
12900
New Buyer Fee
No
Last Taxes
8306
Last Tax Year
2023
Brokerage Interest
No Interest
Condo Doc
Yes

Remarks & Misc

Remarks
Experience the allure of beachfront paradise at its finest with this captivating condo nestled within the coveted Ocean Ritz. Positioned on the fourth floor, this gem offers unparalleled views of the shimmering Gulf from its oversized balcony – a feature that beckons relaxation and unforgettable moments. With two Gulf-front master suites seamlessly connecting to the balcony, and a total of four bedrooms and bathrooms accommodating up to 13 guests, this residence promises ample space for both comfort and entertaining. The well-appointed kitchen, adorned with granite countertops, sets the stage for culinary adventures, while the open-concept living and dining area beckons with warmth and hospitality. With luxurious touches like a whirlpool tub in one of the master bathrooms, every aspect of this condo exudes comfort and elegance. Beyond its inherent charm, this property presents a lucrative investment opportunity, boasting a strong history of rental income generation average around $93,000 in gross annual rent. Buy now with the bookings in place from now until September! Don't let this chance to own a piece of paradise slip away – seize the opportunity to make Ocean Ritz your own and embark on a journey of coastal luxury and financial success.

More Information

Great Room

First
Yes

Pool Features

Inground
Yes

Appliances

Dishwasher
Yes
Dryer
Yes
Microwave
Yes
Oven – Electric
Yes
Washer
Yes

Exterior

Balcony
Yes
Pool
Yes

Association Fees Include

Beach
Yes
Insurance
Yes
Picnic Area
Yes
Pool
Yes
Sewer
Yes
Trash Disposal
Yes
Water
Yes

Furnished

Furnished
Yes

Kitchen

First
Yes

Lot Features

Waterfront
Yes
Within 1/2 Mile to Water
Yes

Mstr Bath / Mstr Bdrm

MBed Balcony
Yes
MBed Waterfront
Yes

Association Amenities

BBQ Pit/Grill
Yes
Picnic Area
Yes
Pool
Yes
Whirlpool
Yes
Other – See Remarks
Yes

Rooms

Great Room
Yes
Kitchen
Yes
Master Bedroom
Yes

Utilities

Electricity – Connected
Yes
Public Sewer – Connected
Yes
Water Connected
Yes

Waterview

Gulf
Yes

Waterfront Type

Gulf
Yes

Master Bedroom

First
Yes

Property Features

Appliances: Dishwasher; Dryer; Microwave; Oven – Electric; Washer Master Bedroom: First Exterior: Balcony; Pool Association Fees Include: Beach; Insurance; Picnic Area; Pool; Sewer; Trash Disposal; Water Furnished: Furnished Kitchen: First Lot Features: Waterfront; Within 1/2 Mile to Water Great Room: First Pool Features: Inground Association Amenities: BBQ Pit/Grill; Picnic Area; Pool; Whirlpool; Other – See Remarks Rooms: Great Room; Kitchen; Master Bedroom Utilities: Electricity – Connected; Public Sewer – Connected; Water Connected Waterfront Type: Gulf Waterview: Gulf

Room Information

Room Name Level Dimensions Length Width Remarks
Great Room First 33 x 14 33.00 14.00 Living and Dining Rooms
Kitchen First 10 x 8 10.00 8.00
Master Bedroom First 13 x 14 13.00 14.00 Waterfront/Balcony
Master Bedroom First 15 x 13 15.00 13.00 Waterfront & Balcony front (2 masters)
Listing Office: Seashore Realty LLC
Last Updated: September – 27 – 2024
Broker Attribution: 850-235-4444

Information deemed reliable but not guaranteed.