Florida
Panama City Beach
16819 Front Beach Road, 1608

$634,000

16819 Front Beach Road, 1608, Panama City Beach, FL 32413

2 beds |
2 baths |
1,593 sqft

Condominium
Built in 2007
—— sqft lot
—— car garage
$398/sqft
Listed 4 months ago

Property Description

COMPLETELY REMODELED, RENOVATED, WITH ALL NEW FURNISHINGS AND MASSIVE RENTAL INCOME. Tidewater Beach Resort #1608 in Panama City Beach, Florida, is a highly desirable property with its spacious two-bedroom, two-bathroom layout with 1593 square feet and stunning balcony with panoramic views. 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 $38,723 in rental income in 2024 (the owner used this property as a second home, so the rental income could easily exceed $70,000 if fully booked). Situated in the middle of Tidewater, the condo boasts breathtaking views of the Emerald Coast's emerald waters. 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 #1608 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.

Listing Status:: Active
Date Added:: March 2, 2025 at 06:00AM
Listing Office:: Keller Williams Realty SRB : 850-654-2900
Listing Agent:: Mike Herring : 850-321-0917
MLS ID:: 966983

General: Breakfast BarElevatorFloor TileFurnished - AllLighting RecessedRenovatedWindow Treatment All
Appliances: DishwasherDisposalMicrowaveRefrigerator
A/C: Central Air
Heating: Central

This listing courtesy of Mike Herring, Keller Williams Realty SRB

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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