$162,500
Panama City Beach, FL 32413
MLS# 712234
Status: Sold
1 baths | 330 sqft
1 / 14
Property Description
This historic property is the absolute closest to the Gulf of Mexico directly on the beach, stabilized with concrete augers down to the bedrock. The unit is completely remodeled with ceiling exposed beautiful open concrete beams. This fully furnished unit is ready for rentals. The bathroom is encased in full marble easy to clean. Average income is 31k per year. There is an active assessment that the seller is willing to pay at $14,400. Assessment is for the upkeep of the property. Don't miss your chance to own and invest in the world most beautiful Panama City Beach.
Details
Maps
Contract Info
Status: Sold
List Date: 2021-05-31
List Price: $205,000
List Price/SqFt: 621.21
Current Price: $162,500
Location
Area: 03 - Bay County - Beach
Street #: 14401
Street Name: Front Beach
Street Suffix: Road
Unit #: 705
State: FL
Zip Code: 32413
County: Bay
Sub Area: 0318 - Beach - Central South
Subdivision: Fontainebleau Terrace
Community/Resort: None
Waterfront: Yes
Parcel ID: 34511-627-000
Elementary School: Hutchison Beach
Middle School: Surfside
High School: Arnold
Directions: From Panama City Parkway and Nautilus head south to Front Beach Road Fontainebleau will be directly on the beach. Park then head up to the seventh floor, from elevator go to the east side of the building.
Legal Description: FONTAINEBLEAU TERRACE UNIT 705 ORB 3922 P 1381 EFF 330 H&C
*see deed for legal
General Property Info
Sub-Type: Condominium
Design: Mid-Rise (4-7 floors)
Apx SqFt(Htd/Cooled): 330
SqFt Source: Prop App Site
Full Baths: 1
Total Baths: 1
Year Built: 1965
Construction Status: Construction Complete
Garage Y/N: No
Lot Dimensions: 0X0
Listing Info, Tax and Legal
HOA Fee: Yes
HOA Amount: 500
HOA Frequency: Monthly
HOA Annual Amount: 6000
New Buyer Fee: No
Brokerage Interest: No Interest
As Is: Yes
Condo Doc: Yes
Remarks & Misc
Remarks: This historic property is the absolute closest to the Gulf of Mexico directly on the beach, stabilized with concrete augers down to the bedrock. The unit is completely remodeled with ceiling exposed beautiful open concrete beams. This fully furnished unit is ready for rentals. The bathroom is encased in full marble easy to clean. Average income is 31k per year. There is an active assessment that the seller is willing to pay at $14,400. Assessment is for the upkeep of the property. Don't miss your chance to own and invest in the world most beautiful Panama City Beach.
Status Change Info
Under Contract Date: 2021-09-28
Sold Date: 2021-10-15
Sold Price: $162,500
Sold Price/SqFt: 492.42
Property Features
Appliances: Cooktop - Electric; Refrigerator; Vented Exhaust Fan
Construction/Siding: Aerated Concrete; Columns; Concrete
Cooling: Ceiling Fan(s); Window Unit(s)
Existing Leases: Daily/Weekly
Fees Include: BBQ Pit/Grill; Beach; Electricity; Exercise Room; Ground Keeping; Insurance; Internet-WiFi; Laundry; Management; Pest Control; Pool; Recreational Faclty; Sewer; Trash Disposal; TV Cable
Floors in Unit/Home: One
Financing: Cash
Furnished: Furnished - All
Interior Features: Floor Tile; Kitchen Island
Lot Access: City Road
Pool Features: Inground; Shared
Security Features: Closed Circuit Camera(s); Fire Alarm; Fire Escape
Parking Features: Parking Lot
Project Facilities: BBQ Pit/Grill; Beach; Community Room; Dumpster; Exercise Room; Laundry; Pool; Short Term Rental Allowed; Waterfront
Sale Type: As Is
Utilities: All Utilities; Electric; Pest Control; Public Sewer; Public Water; TV Cable; Yard Maintenance
Waterfront Type: Gulf
Waterfront Feature: Shore - Beach
Waterview: Gulf
Listing Office: Coastal Choice Realty LLC
Last Updated: July - 05 - 2023
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Information deemed reliable but not guaranteed.