$5,100,000
Panama City Beach, FL 32413
MLS# 727008
Status: Sold
12 beds | 16 baths | 7914 sqft
1 / 41
Property Description
GREAT RENTAL INVESTMENT PROPERTY WITH 3-SEPARATE CONDOS in the building. Each condo has 4 bedrooms, 4.5 baths per unit with approximately 2500 SF living space and two private balconies. Gourmet kitchen with custom wood cabinets, granite counter tops, stainless appliances, breakfast bar, wet bar with sink and wine storage. Upgraded finishes throughout with gulf front balconies and gulf water views from most rooms. Whirlpool tubs at master baths overlooking the gulf. Beautiful tile floors with decorative rugs and comes lavishly furnished. Ground floor has private guest with bathroom and shower, beach access, storage and amble parking. Highest quality concrete construction with metal studs, tile roof, and stucco exterior. NO HOA FEES and GROSS RENTAL PROJECTIONS OF $435K
Details
Maps
Contract Info
Status: Sold
List Date: 2022-04-27
List Price: $5,100,000
List Price/SqFt: 644.43
Current Price: $5,100,000
Location
Area: 03 - Bay County - Beach
Street #: 21523
Street Name: Front Beach
Street Suffix: Road
Unit #: 2,3, and 4
State: FL
Zip Code: 32413
County: Bay
Sub Area: 0325 - Beach - West South
Subdivision: Riviera Beach
Community/Resort: Riviera Beach
Waterfront: Yes
Parcel ID: 35412-010-000
Elementary School: West Bay
Middle School: Surfside
High School: Arnold
Directions: Located on the west end of Panama City Beach on the gulf between Kelly Street and Riviera Drive near Latitude Condominiums and 10-15 minutes from Scenic 30A
Legal Description: RIVIERA BEACH MAP-13B4 LOT 1 LESS 5' ESMT ON E SIDE ORB 1966 P 1257 ORB 2181 P 1218 ORB 2525 P 2093
General Property Info
Sub-Type: Condominium
Floor Number: 23
Design: Mid-Rise (4-7 floors)
Apx SqFt(Htd/Cooled): 7914
SqFt Source: Prop App Site
Bedrooms: 12
Full Baths: 12
Half Baths: 4
Total Baths: 16
# of Stories in Building: 4
# of Units in Bldg: 3
Units Above Ground: 4
Year Built: 2007
Immediate Occupancy: Yes
Pre-Const Flip: No
Construction Status: Construction Complete
Garage Y/N: No
Covered Spaces: 2
Driveway Spaces: 6
Assigned Spaces: 6
Lot Dimensions: varies
Beach Frontage: 35
Status Change Info
Under Contract Date: 2022-10-28
Sold Date: 2023-01-31
Sold Price: $5,100,000
Sold Price/SqFt: 644.43
Waterfront Feature
Waterfront Feet: 35'
Property Features
Appliances: Cooktop - Electric; Dishwasher; Disposal; Dryer; Ice Maker; Microwave; Oven - Electric; Plumbed For Ice Maker; Range - Electric; Refrigerator; Washer; Water Heater - Electric
Master Bedroom: Second
Bedroom: Second
Cooling: Ceiling Fan(s); Central Air
Heating: Baseboard; Electric
Exterior: Balcony; Fenced Back Yard; Fenced Lot-Part; Fenced Privacy; Shower; Patio Covered; Pool; Sprinkler System
Furnished: Furnished
Kitchen: Second
Living Room: Second
Lot Features: Flood Insurance Req; No Mineral Rights; Waterfront
Lot Access: State Highway; Paved Road
Dining Room: Second
Pool Features: Fenced; Gunite Concrete; Inground; Spa/ Hot Tub
Security Features: Fire Sprinkler System; Smoke Detector(s)
Parking Features: Parking Lot
Rooms: Bedroom; Dining Room; Kitchen; Living Room; Master Bedroom
Sale Type: As Is
Utilities: Electricity - Connected; Public Sewer - Connected; Water Connected
Waterfront Type: Gulf
Waterfront Feature: Shore - Beach
Waterview: Gulf
Present Zoning: Resid Single Family
Room Information
| Room Name | Level | Dimensions | Length | Width | Dimensions |
| Living Room | Second | 16 x 10 | 16.00 | 10.00 | 16 x 10 |
| Dining Room | Second | 16 x 12 | 16.00 | 12.00 | 16 x 12 |
| Kitchen | Second | 12 x 10 | 12.00 | 10.00 | 12 x 10 |
| Master Bedroom | Second | 18 x 13 | 18.00 | 13.00 | 18 x 13 |
| Bedroom | Second | 15 x 13 | 15.00 | 13.00 | 15 x 13 |
| Bedroom | Second | 12 x 12 | 12.00 | 12.00 | 12 x 12 |
| Bedroom | Second | 12 x 12 | 12.00 | 12.00 | 12 x 12 |
| Bedroom | 12 x 12 | 12.00 | 12.00 | 12 x 12 | |
| Bedroom | 12 x 12 | 12.00 | 12.00 | 12 x 12 | |
| Bedroom | 12 x 12 | 12.00 | 12.00 | 12 x 12 | |
| Bedroom | 12 x 12 | 12.00 | 12.00 | 12 x 12 | |
| Bedroom | 12 x 12 | 12.00 | 12.00 | 12 x 12 | |
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Listing Office: REMAX By The Sea
Last Updated: September - 24 - 2024
Information deemed reliable but not guaranteed.