$339,000
Panama City Beach, FL 32407
MLS# 791283
1 beds | 2 baths | 903 sqft
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Property Description
$60,969 in revenue June '25 to May '26: an 18.0% ROI on the asking price! One of the largest and most flexible floor plans at Grand Panama Beach Resort, this spacious 903-square-foot 1-bedroom-plus-bunk-alcove offers two full bathrooms and sleeps six, living far bigger than the typical beach condo. From the 10th floor of Tower 2, a covered private balcony captures sweeping Gulf and main-strip views, the perfect perch for morning coffee or a sunset cocktail. Inside, the king master is a true retreat, with an electric fireplace glowing beneath a wall-mounted TV and an en-suite bath featuring double granite vanities and an oversized walk-in shower, while a second full bathroom, a built-in bunk alcove, a queen sleeper sofa, and two recliners make the open-plan living area endlessly flexible for families and groups. The kitchen is full granite, and there is an in-unit washer and dryer. Grand Panama Beach Resort delivers a beachfront free-form pool and a heated rooftop pool atop Tower 2, hot tubs, a seasonal beachside tiki bar, a large fitness center, covered garage parking, an elevated enclosed sky-bridge to the beach, and a hotel-style lobby, while the HOA covers building insurance, water and sewer, cable, and internet for predictable ownership costs. Grand Panama also has storage lockers for owners, and this unit will convey with four of them. Best of all, about 37% of its revenue already comes from direct and repeat bookings, well above the Panama City Beach market average. As an added bonus, the seller's revenue consultant will personally assist the buyer in expanding the property's direct-booking strategy through modern AI, automation, and data-driven revenue management techniques. Space, a second full bath, sleeps-six flexibility, and proven cash flow, all just minutes from Pier Park and Panama City Beach's most popular attractions. Full rent roll available to qualified buyers.
Details
Maps
Contract Info
List Price/SqFt: 375.42
Status: Active
List Date: 2026-06-11
List Price: $339,000
Current Price: $339,000
Location
Unit #: 1006
Sub Area: 0318 - Beach - Central South
Community/Resort: None
Waterfront: No
Elementary School: Hutchison Beach
Middle School: Surfside
High School: Arnold
Directions: Grand Panama Beach Resort - Tower 2. Park in parking deck.
Area: 03 - Bay County - Beach
Street #: 11800
Street Name: Front Beach
Street Suffix: Road
State: FL
Zip Code: 32407
County: Bay
Subdivision: Grand Panama Beach Resort
Parcel ID: 40000-700-265
Legal Description: GRAND PANAMA BEACH RESORT UNIT 2-1006 TYPE T11-B ORB 2942 P 351 10TH FLOOR TOWER II ORB 4447 P 173 1BD/2BR/BUNK 903 TOTAL SQ FT
General Property Info
Floor Number: 10
Design: High-Rise (8+ floors)
Apx SqFt(Htd/Cooled): 903
Construction Status: Construction Complete
SqFt Source: Prop App Site
Lot Dimensions: 0x0
New Construction: No
Garage Y/N: Yes
Garage Spaces: 2
Pool: Yes
Pool Type: Community
Sub-Type: Condominium
Bedrooms: 1
Full Baths: 2
Total Baths: 2
Year Built: 2007
Listing Info, Tax and Legal
HOA Fee: Yes
HOA Amount: 667.87
HOA Frequency: Monthly
HOA Annual Amount: 8014.44
New Buyer Fee: No
Last Tax Year: 2025
Brokerage Interest: Familial Interest - Listing Broker/Licensee related to owner.
Condo Doc: Yes
Remarks & Misc
Remarks: $60,969 in revenue June '25 to May '26: an 18.0% ROI on the asking price! One of the largest and most flexible floor plans at Grand Panama Beach Resort, this spacious 903-square-foot 1-bedroom-plus-bunk-alcove offers two full bathrooms and sleeps six, living far bigger than the typical beach condo. From the 10th floor of Tower 2, a covered private balcony captures sweeping Gulf and main-strip views, the perfect perch for morning coffee or a sunset cocktail. Inside, the king master is a true retreat, with an electric fireplace glowing beneath a wall-mounted TV and an en-suite bath featuring double granite vanities and an oversized walk-in shower, while a second full bathroom, a built-in bunk alcove, a queen sleeper sofa, and two recliners make the open-plan living area endlessly flexible for families and groups. The kitchen is full granite, and there is an in-unit washer and dryer. Grand Panama Beach Resort delivers a beachfront free-form pool and a heated rooftop pool atop Tower 2, hot tubs, a seasonal beachside tiki bar, a large fitness center, covered garage parking, an elevated enclosed sky-bridge to the beach, and a hotel-style lobby, while the HOA covers building insurance, water and sewer, cable, and internet for predictable ownership costs. Grand Panama also has storage lockers for owners, and this unit will convey with four of them. Best of all, about 37% of its revenue already comes from direct and repeat bookings, well above the Panama City Beach market average. As an added bonus, the seller's revenue consultant will personally assist the buyer in expanding the property's direct-booking strategy through modern AI, automation, and data-driven revenue management techniques. Space, a second full bath, sleeps-six flexibility, and proven cash flow, all just minutes from Pier Park and Panama City Beach's most popular attractions. Full rent roll available to qualified buyers.
Association Fees Include
Pool: 1
Furnished
Furnished: 1
Association Amenities
Business Center: 1
Pool: 1
Waterfront: 1
Rooms
Bedroom: 1
Kitchen: 1
Living Room: 1
Utilities
TV Cable: 1
Electricity - Connected: 1
Internet - Broadband Available: 1
Waterview
Bay: 1
Gulf: 1
Sale Type
As Is: 1
Property Features
Association Fees Include: Pool
Furnished: Furnished
Association Amenities: Business Center; Pool; Waterfront
Rooms: Bedroom; Kitchen; Living Room
Sale Type: As Is
Utilities: TV Cable; Electricity - Connected; Internet - Broadband Available
Waterview: Bay; Gulf
Room Information
| Room Name | Dimensions | Length | Width |
| Bedroom | 11 x 12 | 11.00 | 12.00 |
| Living Room | 16 x 15 | 16.00 | 15.00 |
| Kitchen | 11 x 10 | 11.00 | 10.00 |
Listing Office: Alikhver Realty
Last Updated: June - 12 - 2026
Information deemed reliable but not guaranteed.