$598,000
Panama City Beach, FL 32407
MLS# 771721
Status: Pending
3 beds | 2 baths | 1185 sqft
1 / 30
Property Description
These 5th floor views are amazing, feel like you can reach out & touch the beach . Wake up to the sand & sun, primary access to balcony. Beachfront Paradise with Proven Rental Income! Last 3 years average rentals of 70K per year! Welcome to your dream investment opportunity in the heart of Panama City Beach! This stunning 3-bedroom, 2-bathroom condominium is perched on the perfect height of the building—floor number 5—offering breathtaking, uninterrupted views of the sparkling blue waters, endless horizon, and amazing sunsets. Ideal short-term rental, this property is a proven income machine with rental numbers from 2022, 2023, and 2024 to back it up. The rental schedule for 2025 has a book of business, allowing the buyer to start receiving income immediately upon closing. This unit is complete & rental ready! Nothing to invest in. Boutique rental management. Resort-style amenities include indoor and outdoor pools, a kids' pool and splash area, a state-of-the-art fitness center, a theater, tennis & pickle ball, game room, gift shop, enclosed parking garage, high speed elevators and more—ensuring endless fun and relaxation for guests of all ages. Enjoy sun-soaked days, the soothing sound of the surf, and picturesque sunsets from your balcony in this luxurious beachfront haven. Whether you're seeking a lucrative investment or your own coastal retreat, this condominium delivers the best of both worlds. Don't miss this incredible opportunity to own a slice of paradise!
Details
Maps
Contract Info
Status: Pending
List Date: 2025-04-07
List Price: $598,000
List Price/SqFt: 504.64
Current Price: $598,000
Location
Area: 03 - Bay County - Beach
Street #: 10901
Street Name: Front Beach
Street Suffix: Road
Unit #: 504
State: FL
Zip Code: 32407
County: Bay
Sub Area: 0318 - Beach - Central South
Subdivision: Majestic Beach Tower I
Community/Resort: None
Waterfront: Yes
Gulf Access: Yes
Parcel ID: 34881-575-048
Elementary School: Hutchison Beach
Middle School: Surfside
High School: Arnold
Directions: From Hathaway Bridge, west on Hwy 98, Left on Beckrich Rd, left onto Front Beach Road complex on the right.
Legal Description: MAJESTIC BEACH TOWER I UNIT 504 TYPE D ORB 2592 P 2265 3BR/2BA ORB 4552 P 608 1185 SQ.FT
General Property Info
Sub-Type: Condominium
Floor Number: 5
Design: High-Rise (8+ floors)
Apx SqFt(Htd/Cooled): 1185
SqFt Source: Builders Plans
Bedrooms: 3
Full Baths: 2
Total Baths: 2
Year Built: 2005
Immediate Occupancy: Yes
Construction Status: Construction Complete
New Construction: No
Garage Y/N: No
Lot Dimensions: 0x0
Pool: Yes
Pool Type: Community
Status Change Info
Under Contract Date: 2025-05-29
Waterfront Feature
Waterfront Feet: 600
Property Features
Appliances: Cooktop - Electric; Dishwasher; Dryer; Ice Maker; Microwave; Oven - Electric; Range - Electric; Range Hood; Refrigerator; Washer; Water Heater - Electric
Master Bedroom: First
Bedroom: First
Cooling: Ceiling Fan(s); Central Air; Electric
Heating: Central; Electric
Exterior: Balcony
Association Fees Include: Accounting; TV Cable; Exercise Room; Insurance; Internet-WiFi; Ground Keeping; Pest Control; Security; Sewer; Whirlpool; Tennis; Water
Financing: Cash; Conventional; FHA; VA
Furnished: Furnished
Interior: Bunk Room
Living Room: First
Lot Features: Coastal Construction Control Line; Dedicated Beach; Deeded Access; Deeded Access Water; Sidewalk; Subdivision - Recorded; Waterfront
Lot Access: State Highway; Paved Road
Dining Room: First
Pool Features: Gunite Concrete; Heated - Gas; Pool House; Pool/Spa Combo; Spa/ Hot Tub
Security Features: 24 Hour Security; Building Security; Fire Alarm; Gated Community; Secured Garage/Parking; Security Lights; Smoke Detector(s)
Parking Features: Additional Parking; Garage Attached; Gated; Oversized; Paved; RV Access/Parking
Other Structures: Tennis Court(s)
Association Amenities: BBQ Pit/Grill; Beach; Boardwalk; Business Center; Community Room; Dining; Elevators; Fishing; Exercise Room; Game Room; Pavilion/Gazebo; Playground; Security-24 hour; Sidewalks; Whirlpool; Theater; Waterfront
Rooms: Bedroom; Dining Room; Living Room; Master Bedroom
Utilities: TV Cable; Electricity - Connected; Garbage; Internet - Broadband Available; Public Sewer - Connected; Public Water - Available; Public Water - Connected
Waterfront Type: Gulf
Waterfront Feature: Shore - Beach
Waterview: Gulf
Present Zoning: Mixed Use; Resid Multi-Family
Room Information
| Room Name | Level | Dimensions | Length | Width | Dimensions | Remarks |
| Living Room | First | 19.4 x 11.5 | 19.40 | 11.50 | 19.4 x 11.5 | Beautiful views |
| Dining Room | First | 8 x 10 | 8.00 | 10.00 | 8 x 10 | Open concept |
| Master Bedroom | First | 17 x 12 | 17.00 | 12.00 | 17 x 12 | Beach Front with Balcony |
| Bedroom | First | 13.4 x 10 | 13.40 | 10.00 | 13.4 x 10 | |
| Bedroom | First | 10 x 10 | 10.00 | 10.00 | 10 x 10 |
Listing Office: Coldwell Banker Realty
Last Updated: May - 29 - 2025
Information deemed reliable but not guaranteed.