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Listing Courtesy Of:
Keller Williams Realty Emerald, Mike Herring
Local Realty Services Provided By:
Keller Williams Emerald Coast Realty
Overview
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16819 Front Beach Road #1608, Panama City Beach, FL 32413
2 Beds
2 Baths
16819 Front Beach Road #1608, Panama City Beach, FL 32413
Estimation provided by Keller Williams Realty Inc.
2 Beds
2 Baths
Active
For Sale
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.
Property Details
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Overview
Property Type
Condominium
Property Size
Year Built
2007
Days on Site
48 Days
HVAC
Electric, Central Air, Central
Parking
Yes
HOA Fees
Kelly Flanagan at Keller Williams Success Realty
Keller Williams Success Realty
SL3395533
Activity History
VIEWS
SAVES
SHARES
Data provided by Keller Williams Realty, Inc.
Upcoming Open Houses
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Estimated Monthly Payment
Purchase Price:
$634,000
Principal + Interest
Property Tax
Home Insurance
HOA/Condo Fee
Mortgage Insurance
Monthly Payment
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Price & Tax History
Date
Event
Price
01/22/2025
Listed
(+1.44% )
03/11/2022
Sold
(+67.79% )
01/16/2019
Sold
(+18.25% )
08/26/2014
Sold
(+6.92% )
02/21/2008
Sold
Year
Property Tax
Assessed Value
Assessed Value is a combination of the land and additions.
2023
(+64.66% )
Additions 533,375
2021
(+5.52% )
Additions 328,950
2020
(+4.27% )
Additions 321,300
2019
(+6.37% )
Additions 310,208
2018
(+7.95% )
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.
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Transit & Commute
Estimated commute times from Hwy 79 and Front Beach
Car-Dependent
Walkable
Very Walkable
Kelly Flanagan at Keller Williams Success Realty
Keller Williams Success Realty
SL3395533
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