21523 Front Beach Road 2,3, and 4, Panama City Beach, FL 32413

$5,100,000
Property Type: Residential Bedrooms: 12 Baths: 16 Square Footage: 7,914 Status: Sold
Current Price: $5,100,000 List Date: 5/23/2022 Last Modified: 9/24/2024

Overview

Description

GREAT RENTAL INVESTMENT PROPERTY WITH 3-SEPARATE CONDOS in the building. Each condo has 4 bedrooms, 4.5 baths per unit with approximately 2500 SF living space and two private balconies. Gourmet kitchen with custom wood cabinets, granite counter tops, stainless appliances, breakfast bar, wet bar with sink and wine storage. Upgraded finishes throughout with gulf front balconies and gulf water views from most rooms. Whirlpool tubs at master baths overlooking the gulf. Beautiful tile floors with decorative rugs and comes lavishly furnished. Ground floor has private guest with bathroom and shower, beach access, storage and amble parking. Highest quality concrete construction with metal studs, tile roof, and stucco exterior. NO HOA FEES and GROSS RENTAL PROJECTIONS OF $435K

Listing Details MLS# 727008

Contract Info

List Price/SqFt
644.43

Location

Area
03 – Bay County – Beach
Street #
21523
Street Name
Front Beach
Street Suffix
Road
Unit #
2,3, and 4
State
FL
Zip Code
32413
County
Bay
Sub Area
0325 – Beach – West South
Subdivision
Riviera Beach
Community/Resort
Riviera Beach
Waterfront
Yes
Parcel ID
35412-010-000
Elementary School
West Bay
Middle School
Surfside
High School
Arnold
Directions
Located on the west end of Panama City Beach on the gulf between Kelly Street and Riviera Drive near Latitude Condominiums and 10-15 minutes from Scenic 30A
Legal Description
RIVIERA BEACH MAP-13B4 LOT 1 LESS 5' ESMT ON E SIDE ORB 1966 P 1257 ORB 2181 P 1218 ORB 2525 P 2093

General Property Info

Sub-Type
Condominium
Floor Number
23
Design
Mid-Rise (4-7 floors)
Apx SqFt(Htd/Cooled)
7914
SqFt Source
Prop App Site
Full Baths
12
Half Baths
4
Total Baths
16
# of Stories in Building
4
# of Units in Bldg
3
Units Above Ground
4
Year Built
2007
Immediate Occupancy
Yes
Pre-Const Flip
No
Construction Status
Construction Complete
Garage Y/N
No
Covered Spaces
2
Driveway Spaces
6
Assigned Spaces
6
Lot Dimensions
varies
Beach Frontage
35

Status Change Info

Under Contract Date
2022-10-28
Sold Date
2023-01-31
Sold Price/SqFt
644.43

Waterfront Feature

Waterfront Feet
35'
Shore – Beach
Yes

Listing Info, Tax and Legal

Homestead
No
HOA Fee
No
Is Subject Leased
No
New Buyer Fee
No
Last Taxes
18783
Last Tax Year
2021
Brokerage Interest
No Interest
As Is
Yes
Condo Doc
Yes

More Information

Remarks & Misc

Remarks
GREAT RENTAL INVESTMENT PROPERTY WITH 3-SEPARATE CONDOS in the building. Each condo has 4 bedrooms, 4.5 baths per unit with approximately 2500 SF living space and two private balconies. Gourmet kitchen with custom wood cabinets, granite counter tops, stainless appliances, breakfast bar, wet bar with sink and wine storage. Upgraded finishes throughout with gulf front balconies and gulf water views from most rooms. Whirlpool tubs at master baths overlooking the gulf. Beautiful tile floors with decorative rugs and comes lavishly furnished. Ground floor has private guest with bathroom and shower, beach access, storage and amble parking. Highest quality concrete construction with metal studs, tile roof, and stucco exterior. NO HOA FEES and GROSS RENTAL PROJECTIONS OF $435K

Dining Room

Second
Yes

Pool Features

Fenced
Yes
Gunite Concrete
Yes
Inground
Yes
Spa/ Hot Tub
Yes

Appliances

Cooktop – Electric
Yes
Dishwasher
Yes
Disposal
Yes
Dryer
Yes
Ice Maker
Yes
Microwave
Yes
Oven – Electric
Yes
Plumbed For Ice Maker
Yes
Range – Electric
Yes
Refrigerator
Yes
Washer
Yes
Water Heater – Electric
Yes

Interior Features

Breakfast Bar
Yes
Elevator
Yes
Floor – Tile
Yes
Wet Bar
Yes
Window – Treatment All
Yes

Construction/Siding

Concrete
Yes
Foundation – On Piling
Yes
Roof – Other
Yes
Roof – Tile/Slate
Yes
Siding – Stucco
Yes

Exterior

Balcony
Yes
Fenced Back Yard
Yes
Fenced Lot-Part
Yes
Fenced Privacy
Yes
Shower
Yes
Patio Covered
Yes
Pool
Yes
Sprinkler System
Yes

Furnished

Furnished
Yes

Kitchen

Second
Yes

Living Room

Second
Yes

Lot Features

Flood Insurance Req
Yes
No Mineral Rights
Yes
Waterfront
Yes

Lot Access

State Highway
Yes
Paved Road
Yes

Parking Features

Parking Lot
Yes

Mstr Bath / Mstr Bdrm

MBath Double Vanity
Yes
MBath Garden Tub
Yes
MBath Tile
Yes
MBath Walk-In Closet
Yes
MBed Balcony
Yes

Present Zoning

Resid Single Family
Yes

Rooms

Bedroom
Yes
Dining Room
Yes
Kitchen
Yes
Living Room
Yes
Master Bedroom
Yes

Utilities

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

Waterview

Gulf
Yes

Sale Type

As Is
Yes

Waterfront Type

Gulf
Yes

Master Bedroom

Second
Yes

Bedroom

Second
Yes

Cooling

Ceiling Fan(s)
Yes
Central Air
Yes

Heating

Baseboard
Yes
Electric
Yes

Security Features

Fire Sprinkler System
Yes
Smoke Detector(s)
Yes

Property Features

Appliances: Cooktop – Electric; Dishwasher; Disposal; Dryer; Ice Maker; Microwave; Oven – Electric; Plumbed For Ice Maker; Range – Electric; Refrigerator; Washer; Water Heater – Electric Master Bedroom: Second Bedroom: Second Cooling: Ceiling Fan(s); Central Air Heating: Baseboard; Electric Exterior: Balcony; Fenced Back Yard; Fenced Lot-Part; Fenced Privacy; Shower; Patio Covered; Pool; Sprinkler System Furnished: Furnished Kitchen: Second Living Room: Second Lot Features: Flood Insurance Req; No Mineral Rights; Waterfront Lot Access: State Highway; Paved Road Dining Room: Second Pool Features: Fenced; Gunite Concrete; Inground; Spa/ Hot Tub Security Features: Fire Sprinkler System; Smoke Detector(s) Parking Features: Parking Lot Rooms: Bedroom; Dining Room; Kitchen; Living Room; Master Bedroom Sale Type: As Is Utilities: Electricity – Connected; Public Sewer – Connected; Water Connected Waterfront Type: Gulf Waterfront Feature: Shore – Beach Waterview: Gulf Present Zoning: Resid Single Family

Room Information

Room Name Level Dimensions Length Width
Living Room Second 16 x 10 16.00 10.00
Dining Room Second 16 x 12 16.00 12.00
Kitchen Second 12 x 10 12.00 10.00
Master Bedroom Second 18 x 13 18.00 13.00
Bedroom Second 15 x 13 15.00 13.00
Bedroom Second 12 x 12 12.00 12.00
Bedroom Second 12 x 12 12.00 12.00
Bedroom 12 x 12 12.00 12.00
Bedroom 12 x 12 12.00 12.00
Bedroom 12 x 12 12.00 12.00
Bedroom 12 x 12 12.00 12.00
Bedroom 12 x 12 12.00 12.00
Bedroom
Bedroom
Bedroom
Bedroom
Listing Office: REMAX By The Sea
Last Updated: September – 24 – 2024
Information deemed reliable but not guaranteed.