16819 Front Beach Road #1608 Active Save Request In-Person Tour Request Virtual Tour
Panama City Beach,FL 32413
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 1,593 sqft
Price per Sqft $397
Subdivision Tidewater Beach Phase I
MLS Listing ID 767623
Style High Rise
Bedrooms 2
Full Baths 2
HOA Fees $1,045/qua
HOA Y/N Yes
Year Built 2007
Property Sub-Type Condominium
Property Description
COMPLETELY REMODELED, RENOVATED, WITH ALL NEW FURNISHINGS AND MASSIVE RENTAL INCOME. Tidewater Beach Resort #1608 in Panama City Beach, Florida, is a highly desirable property with its spacious two-bedroom, two-bathroom layout with 1593 square feet and stunning balcony with panoramic views. 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 $38,723 in rental income in 2024 (the owner used this property as a second home, so the rental income could easily exceed $70,000 if fully booked). Situated in the middle of Tidewater, the condo boasts breathtaking views of the Emerald Coast's emerald waters. 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 #1608 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 Barbecue,Beach,Business Center,Clubhouse,Conference/Meeting Room,Elevator,Fitness Center,Park,Pool,Recreation Area,Short Term Rental Allowed,Waterfront
Area 03 - Bay County - Beach
Interior
Interior Features Breakfast Bar,Recessed Lighting
Heating Central,Electric
Cooling Central Air,Electric
Furnishings Furnished
Fireplace No
Appliance Washer/Dryer Stacked,Dishwasher,Electric Water Heater,Disposal,Microwave,Refrigerator
Laundry Stacked
Exterior
Exterior Feature Balcony
Parking Features Additional Parking
Pool Electric Heat,In Ground,Pool/Spa Combo,Community
Community Features Barbecue,Beach,Business Center,Clubhouse,Conference/Meeting Room,Elevator,Fitness Center,Park,Pool,Recreation Area,Short Term Rental Allowed,Waterfront
Waterfront Description Gulf,Waterfront
View Y/N Yes
Water Access Desc Gulf,Waterfront
View Gulf
Porch Balcony
Building
Lot Description Waterfront
Architectural Style High Rise
Schools
Elementary Schools Hutchison Beach
Middle Schools Surfside
High Schools Arnold
Others
HOA Fee Include Insurance,Internet,Maintenance Grounds,Pest Control,Pool(s),Recreation Facilities,Security,Trash
Tax ID 40000-950-143
Security Features Building Security,24 Hour Security,Security Service