Listing Courtesy Of: Keller Williams Realty SRB, Mike Herring

Local Realty Services Provided By: Keller Williams Success Realty

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

2 Beds

2 Baths

sq ft

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

Estimation provided by Keller Williams Realty Inc.

2 Beds

2 Baths

sq ft

Active

For Sale

Open House:

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Property Description

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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.

Property Details

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Overview

Property Type

Condominium

Property Size

sq ft

Year Built

2007

Days on Site

44 Days

HVAC

Central, Central Air

Parking

HOA Fees

Kelly Flanagan at Keller Williams Success Realty

Kelly Flanagan

Keller Williams Success Realty

SL3395533

[email protected]

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Activity History

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Data provided by Keller Williams Realty, Inc.

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Price & Tax History

Date

Event

Price

1740873600000

Listed

(+ )

1646956800000

Sold

(+ )

1547596800000

Sold

(+ )

1409011200000

Sold

(+ )

1203552000000

Sold

Year

Property Tax

Assessed Value

Assessed Value is a combination of the land and additions.

2023

(+ )

Additions 533,375

2021

(+ )

Additions 328,950

2020

(+ )

Additions 321,300

2019

(+ )

Additions 310,208

2018

(+ )

Additions 284,750

2017

Additions 284,750

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.