16819 Front Beach Road Unit 2308, Panama City Beach, FL 32413

$525,000
2
BD
2
BA

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Sold Price
$525,000
List Price
$599,000
Closing Date
Feb 27, 2024
MLS#
751761
Bedrooms
2
Bathrooms
2
Full-baths
2
Subdivision
Tidewater Beach Phase I
Year Built
2007

Property Description

Introducing Tidewater 2308, centrally located in Panama City Beach, just 15 minutes from Panama City Beach Airport, 5 minutes from Pier Park, and a mere 30 seconds from the pristine Gulf of Mexico beaches. Revel in panoramic views spanning from Destin to Port Saint Joe along the Florida coastline, all from the 23rd floor. This unit, 2308, boasts a spacious master bedroom with beach-facing windows, while the guest bedroom provides a captivating view of the bay. The master bathroom features a garden soaking tub and a walk-in shower. The large kitchen, equipped with stainless steel appliances, is perfect for cooking and entertaining the entire family. Step out onto the expansive patio from the comfortable living area to witness breathtaking sunsets. With nearly 1600 square feet, this unit offers one of Tidewater's most sought-after floorplans. On the ground floor, you'll discover two patio pools for relaxation after a day at the beach, a tiki bar, a small restaurant, a hot tub, a fitness facility, and even an arcade. Tidewater provides a private parking garage with a skywalk crossover for convenient parking. This unit stands out as an investor's dream, promising proven rental returns and profitability. A new HVAC system was installed in 2023! Unit is owner managed on Airbnb, in 2023 the gross rental income was $44,269 with 86 nights used by owners for all peak times and holidays. Seller is offer a $10,000 concession for new flooring!!

Additional Information

Waterfront
Yes
Waterview
Gulf
Stories
30
Parking Spaces
500
Appliances
Washer/Dryer Stacked, Electric Cooktop, Electric Range, Electric Water Heater
Elementary School
Hutchison Beach
Middle School
Surfside
High School
Arnold

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Calculator source: Real Geeks

Listing courtesy of Berkshire Hathaway HomeServices PenFed. Selling Office: EXP Realty LLC.