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MLS # 755535 | $499,900

Panama City Beach Real Estate


Overview

  • Bedrooms: 1
  • Full Baths: 2
  • Half Baths: 0
  • Square Footage: 860
  • Built: 2005
  • Acreage:

Location

  • 14825 Front Beach Road
    Panama City Beach, FL 32413
    See On Map
  • County: Bay
  • Area: 03 - Bay County - Beach
  • Sub Area: 0318 - Beach - Central South
  • Subdivision: Sunrise Beach

HIGHLIGHTS

Waterfront, Gulf,Waterfront

Interior, Stacked

Exterior, Balcony, Balcony

Property Type, Condominium

Style, HighRise

High School, Arnold

Middle School, Surfside


DESCRIPTION

Investor's Dream Opportunity!Welcome to the Sunrise Beach Condominium, where luxury living meets exceptional investment potential. This Gulf-front gem has already proven its worth, boasting an impressive gross return over the first year alone. The owners launched their now-5-star Airbnb page only a few days before the sale closed in May 2023 and despite starting from scratch, they achieved a remarkable $38,700 in gross income in their inaugural year. Having fallen in love with Sunrise Beach, they are moving up to the penthouse, offering one lucky investor the opportunity to benefit from the beloved aesthetic and exceptional groundwork they've built. With over $23,800 bookings secured from JUNE 2024 onwards, this property promises a steady stream of income for savvy investors looking to capitalize on the thriving Panama City Beach market.This turnkey unit showcases a modern Gulf front master suite, a versatile bunk room doubling as a second bedroom, and a thoughtfully designed living space with recent updates including new furniture, mattresses, and paint. Step out onto the oversized 24th floor balcony and soak in panoramic views of the Gulf of Mexico, offering unparalleled serenity and tranquility.Sunrise Beach Condominium offers an array of resort-like amenities, including two pools, whirlpool spas, a gym with ocean views, and the convenience of the Soggy Dollar pool snack shack and bar. With a solid reserve study, amazing HOA, strong rental history, and exceptional financial performance, this property presents a prime investment opportunity with tremendous growth potential and proven revenue generation.Don't miss your chance to own a piece of paradise that not only offers a luxurious beachfront lifestyle but also promises a lucrative return on investment. Seize this opportunity to secure a profitable asset in one of the most sought after locations in Panama City Beach. Schedule your showing today and embark on a rewarding investment journey at Sunrise Beach Condominium.''

DIRECTIONS

Driving Directions: one mile East of Pier Park on FBR

Listed by Dalton Wade Inc | Updated 06/23/2024 11:55:44
Information deemed reliable but not guaranteed. The information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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