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Listing Courtesy Of: Berkshire Hathaway HomeServices Beach Properties of Florida, Mark Oberg

Local Realty Services Provided By: Keller Williams Emerald Coast Realty

Overview

What It'll Cost

Neighborhood

Similar Homes

$410,000

16701 Front Beach Road #1505, Panama City Beach, FL 32413

1 Bed

2 Baths

sq ft

$410,000

16701 Front Beach Road #1505, Panama City Beach, FL 32413

Estimation provided by Keller Williams Realty Inc.

1 Bed

2 Baths

sq ft

Active

For Sale

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Property Description

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💲Seller is offering a $2,000 incentive to the buyer at closing, with acceptable offer terms.💲Sterling Breeze is nestled in the heart of the tourism district of Panama City Beach, offering a quaint charm amidst the towering structures near the vibrant Pier Park. This entertainment hub provides a multitude of options for vacationers year-round. The upcoming additions of Top Golf and Dolly Parton's Pirate Voyage to Pier Park are set to significantly enhance the appeal and marketability of Sterling Breeze for future visitors.Despite challenging economic conditions, this property has shown strong performance, with gross revenues of $38,816.84 in 2023 and $33,408.61 through November 2024. Amenities at Sterling Breeze include:Two new elevator systems for ease of access, welcoming guest reception lobby, exercise room, stunning saltwater pool, poolside snack bar (open seasonally), large pavestone sundeck, hot tub and firepit for relaxation.Outdoor games with a bocce ball and horseshoe court sheltered by the Parking Structure.Most units, including Unit 1505, feature a unique built-in grill on the gulf-side balcony, a rarity among local complexes.The highlight of Unit 1505 is its expansive gulf-side balcony, approximately 115 square feet, offering breathtaking views of the Gulf of Mexico and the iconic Russell-Fields Pier. This balcony is the perfect vantage point for enjoying two of the largest fireworks displays in the region on July 4th and New Year's Eve.

Property Details

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Overview

Property Type

Condominium

Property Size

sq ft

Year Built

2008

Days on Site

78 Days

HVAC

Electric, Central Air, Heat Pump, Forced Air, Ceiling Fan(s), Central

Parking

Yes

HOA Fees

$845/M

Kelly Flanagan at Keller Williams Success Realty

Kelly Flanagan

Keller Williams Success Realty

SL3395533

(678) 898-1665

(850) 249-0313

kellyflanagan@kw.com

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Purchase Price: $410,000

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Price & Tax History

Date

Event

Price

01/09/2025

Listed

$410,000

(+58.91%)

01/31/2020

Sold

$258,000

(+10.73%)

10/10/2008

Sold

$233,000

Year

Property Tax

Assessed Value

Assessed Value is a combination of the land and additions.

2023

$4,216

(+47.15%)

$378,250

Additions 378,250

2021

$2,866

(+4.53%)

$224,825

Additions 224,825

2020

$2,741

(+14.2%)

$231,200

Additions 231,200

2019

$2,400

(+2.41%)

$195,925

Additions 195,925

2018

$2,344

(+9.58%)

$187,425

Additions 187,425

2017

$2,139

$187,000

Additions 187,000

The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.