10509 Front Beach 206, Panama City Beach, FL 32407 (MLS# 738622)

HOA Fee: Yes

HOA Amount: 3411.1

HOA Frequency: Quarterly

HOA Annual Amount: 13644.4

New Buyer Fee: Yes

Last Taxes: 5526

Last Tax Year: 2022

Brokerage Interest: No Interest

Condo Doc: Yes

List Price/SqFt: 522.89

Status: Sold

List Date: 2023-03-10

List Price: $925,000

Current Price: $900,000

Unit #: 206

Sub Area: 0318 - Beach - Central South

Community/Resort: Long Beach Towers

Waterfront: Yes

Elementary School: Hutchison Beach

Middle School: Surfside

High School: Arnold

Directions: Long Beach Resort is on Front Beach Road almost directly West of the Walmart Super Center.

Area: 03 - Bay County - Beach

Street #: 10509

Street Name: Front Beach

State: FL

Zip Code: 32407

County: Bay

Subdivision: Long Beach Towers I

Parcel ID: 34881-250-206

Legal Description: LONG BEACH TOWERS I UNIT 1-206 TYPE D ORB 1754 P 1 ORB 3489 P 1677 3 BR 3B 1769 H&C

Design: High-Rise (8+ floors)

Apx SqFt(Htd/Cooled): 1769

Construction Status: Construction Complete

SqFt Source: Prop App Site

Lot Dimensions: Condo

Garage Y/N: No

Sub-Type: Condominium

Bedrooms: 3

Full Baths: 3

Total Baths: 3

Year Built: 1997

Remarks: UNDER CONTRACT; Seller will consider back up offers. This upgraded 5 STAR rated condominium unit is highly regarded as one of the most popular floor plans on PCB. Magnificent views of the beach from every bedroom. The sugar white sand beach and the shimmering emerald waters of the Gulf of Mexico are also showcased through the floor to ceiling windows of this open floor plan from the living room, dining room and the kitchen. This spacious condo is on the 2nd floor allowing easy access via the elevator or stairs. This is an end unit overlooking both the Gulf and one of the 3 beautiful Polynesian pools of this resort. Two bedrooms open to the main covered oversized balcony.The third bedroom/suite features its own private gulf front balcony. There are 25 weeks rented from May to the end of 2023, with gross income at $80,787. For 2024, the condo is rented for January, February, March ( 12 weeks ) with gross income at $19,971. Gross Rental Income for 2021 was $100,069. Gross Rental Income for 2022 was $110,402. These amounts do not include owner stays and bookings to friends/family ( apx. $7,000 )

Sold Price/SqFt: 508.76

Under Contract Date: 2023-06-03

Sold Date: 2023-07-03

Sold Price: $900,000

Dishwasher: 1

Disposal: 1

Microwave: 1

Oven - Electric: 1

Range - Electric: 1

Refrigerator: 1

Water Heater - Electric: 1

Closet Owner: 1

Floor - Tile: 1

Newly Painted: 1

Renovated: 1

Split Bedroom: 1

Window - Treatment All: 1

Balcony: 1

Patio Covered: 1

Shore - Beach: 1

Accounting: 1

Exercise Room: 1

Gated Community: 1

Ground Keeping: 1

Insurance: 1

Internet-WiFi: 1

Management: 1

Pest Control: 1

Pool: 1

Security: 1

Sewer: 1

Trash Disposal: 1

TV Cable: 1

Water: 1

Whirlpool: 1

Furnished: 1

Waterfront: 1

MBath Shower Only: 1

MBed Balcony: 1

MBed Waterfront: 1

Beach: 1

Elevators: 1

Exercise Room: 1

Gated Community: 1

Pool: 1

Security-24 hour: 1

Waterfront: 1

Whirlpool: 1

Other - See Remarks: 1

Bedroom: 1

Master Bedroom: 1

Electricity - Connected: 1

Gulf: 1

Gulf: 1

First: 1

First: 1

Ceiling Fan(s): 1

Central Air: 1

Electric: 1

Central: 1

Electric: 1

Fire Sprinkler System: 1

Gated Community: 1

Gated with Guard: 1

Smoke Detector(s): 1