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

$820,000
Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 1,670 Status: Sold
Current Price: $820,000 List Date: 4/12/2024 Last Modified: 9/27/2024

Overview

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 wa

Supplements: 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,

Listing Details MLS# 755568

Contract Info

List Price/SqFt
508.38

Location

Area
03 – Bay County – Beach
Street #
16819
Street Name
Front Beach Road
Unit #
417
State
FL
Zip Code
32413
County
Bay
Sub Area
0318 – Beach – Central South
Subdivision
Tidewater Beach Phase II
Community/Resort
None
Waterfront
Yes
Parcel ID
40000-975-042
Elementary School
Hutchison Beach
Middle School
Surfside
High School
Arnold
Directions
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.
Legal Description
TIDEWATER BEACH PHASE II UNIT 417 TYPE J ORB 2973 P 1731 3BR 3BA BUNK ORB 4512 P 981 1670 TOTAL SF

General Property Info

Sub-Type
Condominium
Design
High-Rise (8+ floors)
Apx SqFt(Htd/Cooled)
1670
SqFt Source
Prop App Site
Full Baths
3
Total Baths
3
Year Built
2007
Construction Status
Construction Complete
Garage Y/N
No
Lot Dimensions
0x0

Status Change Info

Under Contract Date
2024-04-24
Sold Date
2024-05-03
Sold Price/SqFt
491.02

Listing Info, Tax and Legal

HOA Fee
Yes
HOA Amount
3827
HOA Frequency
Quarterly
HOA Annual Amount
15308
New Buyer Fee
No
Brokerage Interest
No Interest
Condo Doc
Yes

Remarks & Misc

Remarks
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.

More Information

Pool Features

Inground
Yes

Appliances

Dishwasher
Yes
Microwave
Yes
Range – Electric
Yes
Refrigerator
Yes
Washer/Dryer Stacked
Yes
Water Heater – Electric
Yes

Interior Features

Washer/Dryer Hookup
Yes
Breakfast Bar
Yes
Closet Owner
Yes
Floor – Tile
Yes
Pantry
Yes
Window – Treatment All
Yes

Construction/Siding

Concrete
Yes

Exterior

Balcony
Yes
Pool
Yes

Association Fees Include

BBQ Pit/Grill
Yes
Beach
Yes
Community Room
Yes
Dumpster
Yes
Exercise Room
Yes
Fishing
Yes
Game Room
Yes
Ground Keeping
Yes
Internet-WiFi
Yes
Picnic Area
Yes
Pool
Yes
Sauna/Steam Room
Yes
Security
Yes
Sewer
Yes
Theater
Yes
Trash Disposal
Yes
TV Cable
Yes
Water
Yes

Furnished

Furnished
Yes

Interior

Bunk Hallway
Yes

Kitchen

First
Yes

Living Room

First
Yes

Lot Features

Within 1/2 Mile to Water
Yes

Parking Features

Covered
Yes
Garage
Yes

Mstr Bath / Mstr Bdrm

MBath Shower/Tub Combo
Yes

Association Amenities

Beach
Yes
Community Room
Yes
Dumpster
Yes
Elevators
Yes
Exercise Room
Yes
Fishing
Yes
Game Room
Yes
Pool
Yes
Sauna/Steam Room
Yes
Security-24 hour
Yes
Other – See Remarks
Yes

Rooms

Bedroom
Yes
Kitchen
Yes
Living Room
Yes
Master Bedroom
Yes

Utilities

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

Waterview

Gulf
Yes

Waterfront Type

Gulf
Yes

Master Bedroom

First
Yes

Bedroom

First
Yes

Cooling

Ceiling Fan(s)
Yes
Central Air
Yes
Electric
Yes

Heating

Central
Yes
Electric
Yes

Security Features

Building Security
Yes
Smoke Detector(s)
Yes

Property Features

Appliances: Dishwasher; Microwave; Range – Electric; Refrigerator; Washer/Dryer Stacked; Water Heater – Electric Master Bedroom: First Bedroom: First Cooling: Ceiling Fan(s); Central Air; Electric Heating: Central; Electric Exterior: Balcony; Pool Association Fees Include: BBQ Pit/Grill; Beach; TV Cable; Community Room; Dumpster; Fishing; Exercise Room; Game Room; Internet-WiFi; Ground Keeping; Picnic Area; Pool; Sauna/Steam Room; Security; Sewer; Theater; Trash Disposal; Water Furnished: Furnished Interior: Bunk Hallway Kitchen: First Living Room: First Lot Features: Within 1/2 Mile to Water Pool Features: Inground Security Features: Building Security; Smoke Detector(s) Parking Features: Covered; Garage Association Amenities: Beach; Community Room; Dumpster; Elevators; Fishing; Exercise Room; Game Room; Pool; Sauna/Steam Room; Security-24 hour; Other – See Remarks Rooms: Bedroom; Kitchen; Living Room; Master Bedroom Utilities: Electricity – Connected; Garbage; Public Sewer – Connected; Water Connected Waterfront Type: Gulf Waterview: Gulf

Room Information

Room Name Level Dimensions Length Width Remarks
Master Bedroom First 14 x 14 14.00 14.00 Measurements approximate; buyer to verify
Bedroom First 14 x 11 14.00 11.00
Bedroom First 14 x 12 14.00 12.00
Living Room First 20 x 18 20.00 18.00
Kitchen First 12 x 10 12.00 10.00
Listing Office: Keller Williams Realty Emerald
Last Updated: September – 27 – 2024
Information deemed reliable but not guaranteed.