Blue Sapphire line

14401 Front Beach Road 305

Panama City Beach, FL 32413

MidRise

Panama City Beach, FL 32413

14401 Front Beach Road 305

$174,000

MLS#: 792961

Status: Active

Listing provided by: Beachy Beach Real Estate

Listing agent phone: None

Last update: a day ago

On site: 2 months ago

Fontainebleau Terrace - Residential

About

OWNER FINANCING!!! ASSESSMENT FREE!!! BRAND NEW HVAC!!! AMAZING UPDATES!!! UNBELIEVABLE SUNSET VIEWS!!! This beautifully decorated unit in one of the most iconic buildings on the beach has been newly remodeled and is waiting to make someone an incredibly happy investor! Although the current owner has only briefly rented the unit, similar ones in the building pull in an incredibly strong rental income nearing $30k annually. That's right... You can get the same income from this gem vs condos that cost $200k more. Generate a 4% plus annual return on investment - and nearly 8% ROI when you add in appreciation!!! All the big ticket items have been recently updated - ensuring worry free ownership and maximum profit for years to come! Unlike ANY other building on the beach, the $895 monthly HOA dues cover EVERY single utility expense - even the electricity!!! Take 2 seconds to break that down ($150 elec, $80 water, $50 trash, $120 cable/internet, $300 exterior insurance, $30 sewer, $100 exterior maint/grounds, $30 gym = $860 TOTAL), and you will quickly see that you are only paying $35 a month for a pool, the biggest and best beach viewing deck in town, and the closest condos to the sand that PCB has to offer. You will NOT find a better deal anywhere in town! 3rd floor, right on the sand, and perfectly located on the HIGHLY DESIRED west side of the building which guarantees the best sunsets in town. If you are looking for a beautiful rental unit in the most established building in PCB, or an incredibly relaxing place to call home, this is hands down the best investment on the entire beach!!!

Property

Beds

None

Full Baths

1

1/2 Baths

None

Year Built

1965

Sq.Footage

330

Features

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    1

  • Cooling YN

    YES

  • Cooling

    Window Unit(s)

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Concrete, Stucco

  • Patio and Porch Features

    Covered, Patio

  • Pool

    Yes

  • Pool Features

    Community

  • Waterfront YN

    YES

  • View

    Water

Area & Lot

  • Lot Features

    Paved, Waterfront

  • Property Type

    Residential

  • Property Sub Type

    Condominium

  • Architectural Style

    MidRise

Price

  • Sales Price

    $174,000

  • Tax Amount

    $1,947.89

  • Sq. Footage

    330

  • Price/SqFt

    $527

HOA

  • Association

    YES

  • Association Fee

    $895

  • Association Fee Frequency

    Monthly

  • Association Fee Includes

    N/A

School District

  • Elementary School

    Hutchison Beach

  • Middle School

    Surfside

  • High School

    Arnold

Property Features

  • Stories

    7

  • New Construction

    NO

  • Accessibility Features

    Accessible Full Bath, Accessible Common Area, Accessible Closets, Accessible Doors, Accessible Entrance

  • Association Amenities

    Pool, Beach Rights, Game Room, Barbecue, Clubhouse, Cable TV, Electricity, Insurance, Maintenance Grounds, Trash, Water

  • Sewer

    Public Sewer

Schedule

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Location

  • County

    Bay

  • Elementary School

    Hutchison Beach

  • Middle School

    Surfside

  • High School

    Arnold

Listing Courtesy of Garrett S Aune, Beachy Beach Real Estate

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Will Smith

AGENT

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