16701 Front Beach Rd UNIT 705, Panama City Beach, FL 32413

Motivated Seller - Bring All Offers. 90 % owner financing available. Desirable lower 1/3rd floor. 12.5% Unleveraged Gross Yield before tax. Best valuation/yield metrics in the country, tied with Pigeon Forge TN. Immaculate inside, all new furniture, sold completely furnished and ready for rental. Right on the ocean, and by far the best Hot Tub/Pool setting when compared to the rest of the top buildings in PCB Pier Park, and less crowded due to far lower number of units, as compared to competitor buildings such as Tidewater and Calypso and Aqua. Sterling is the gem, guest satisfication is the highest. Sterling Breeze took the brunt of the great recession worse than the other buildings, due to timing only. That' timing is history now. Lower/mid floor units rent better than average (i.e. small statistical edge in being in lower 1/3 of building, as there is a small cohort of renters who refuse to be on the higher floors at all costs, while an even smaller group would kind of prefer to be on a higher floor, but not at all costs. Buyers agents paid