Tidewater Beach Resort #417 in Panama City Beach, Florida, is a highly desirable property with its spacious three-bedroom, three-bathroom layout with 1670 square feet and stunning wraparound balcony. 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 $53,850.30 in rental income in 2022, $57,202.21 in 2023, and has already rented and booked $32,331.62 in 2024 (through April 11, 2024).
Situated on the eastern corner of Tidewater, the condo boasts breathtaking views of the Emerald Coast's emerald waters. Its low-floor location provides added convenience, allowing residents to easily access the unit via stairs if desired.
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 #417 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. With heavy owner usage, the condo generated $53,850.30 in rental income in 2022, $57,202.21 in 2023, and has already rented and booked $32,331.62 in 2024 (through April 11, 2024). Situated on the eastern corner of Tidewater, the condo boasts breathtaking views of the Emerald Coast's emerald waters. Its low-floor location provides added convenience, allowing residents to easily access the unit via stairs if desired. 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 #417 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.
Sold for $820,000 on 05/03/24
$820,000
16819 Front Beach Rd UNIT 417, Panama City Beach, FL 32407
3beds
1,670sqft
Condominium
Built in 2007
-- sqft lot
$795,100 Zestimate®
$491/sqft
$-- Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: 20 hours ago
Listed by:
Mike S Herring 850-321-0917,
Keller Williams Realty Emerald
Bought with:
Mike S Herring, 3256219
Keller Williams Realty Emerald
Source: CPAR,MLS#: 755568
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Primary bedroom
- Description: Measurements approximate; buyer to verify
- Level: First
- Dimensions: 14 x 14
Bedroom
- Level: First
- Dimensions: 14 x 12
Bedroom
- Level: First
- Dimensions: 14 x 11
Kitchen
- Level: First
- Dimensions: 12 x 10
Living room
- Level: First
- Dimensions: 20 x 18
Heating
- Central, Electric
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Washer/Dryer Stacked, Electric Range, Electric Water Heater
- Laundry: Washer Hookup, Dryer Hookup, Stacked
Interior area
- Total structure area: 1,670
- Total interior livable area: 1,670 sqft
Property
Features
- Patio & porch: Balcony
- Pool features: In Ground, Community, Pool
- Has view: Yes
- View description: Gulf
- Has water view: Yes
- Water view: Gulf
Details
- Parcel number: 40000975042
Construction
Type & style
- Home type: Condo
- Architectural style: High Rise
- Property subtype: Condominium
- Attached to another structure: Yes
Condition
- Year built: 2007
Utilities & green energy
- Sewer: Public Sewer
- Utilities for property: Electricity Available, Water Connected
Community & neighborhood
Security
- Security features: Building Security, Smoke Detector(s), Security Service
Community
- Community features: Beach, Clubhouse, Elevator, Fitness Center, Fishing, Game Room, Pool, Sauna, Short Term Rental Allowed
Location
- Region: Panama City Beach
- Subdivision: Tidewater Beach Phase II
Sell with ease on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$795,100
2% more+$15,902
With Zillow Showcase(estimated)$811,002