10901 Front Beach Road Unit 1512, Panama City Beach, FL 32407

Property Description

'CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS'. WOULD MAKE AN IDEAL NEW YEARS GIFT TO YOUR SELF, AND THE FAMILY! Recent enhancements over the past few years include the installation of a new disposal, water heater, HVAC system, and refrigerator. In addition to these modern amenities, a Reme Halo in-duct air purifier was incorporated in 2020, ensuring that the air you breathe remains pristine and free from impurities. For those considering this property as an investment, it offers a proven track record of excellence. In 2021, it generated a gross rental income of $26,864, and that figure increased to an impressive $31,907 in 2022. These numbers underscore its potential as a high-performing rental property, making it an attractive option for investors. Situated within the prestigious Majestic Beach Towers, this property offers a truly majestic experience. Known for its lavish amenities and expert management, it has never required a special assessment, reflecting its impeccable financial stewardship. The location, prominently positioned on Front Beach Rd, provides unparalleled convenience with close proximity to Walmart, a variety of dining options, and a multitude of activities. The nearby attractions, including the open-air Pier Park Mall, St. Andrews State Park, Frank Brown Park, and the Northwest Florida Beaches International Airport, make exploring the area a breeze. The resort itself boasts a bounty of exceptional amenities, catering to a wide range of interests and preferences. Residents and guests can take advantage of a fully equipped fitness center, a stadium-style movie theater, both indoor and outdoor pools, soothing hot tubs, and an inviting game room. The poolside bar and grill offer delectable dining options, and coffee enthusiasts will appreciate the on-site Starbucks within the market. The property also provides an owner's lounge, a convention center for hosting events, and secure, covered parking for added convenience. For sports enthusiasts, there are tennis courts, and BBQ aficionados have their own dedicated grilling area. Security measures are in place around the clock, ensuring peace of mind for all residents and guests. In summary, this studio unit at Majestic Beach Towers offers the perfect blend of comfort and financial potential. Whether you're seeking an ideal vacation escape or a savvy investment opportunity, this property is well-equipped to fulfill your aspirations.