$970,000
Panama City Beach, FL 32408
MLS# 741651
Status: Sold
3 beds | 3 baths | 1847 sqft
1 / 51
Property Description
Rental projections of up to $112,000 attached! Here is your opportunity to own a completely renovated unit in Tower One of the popular Edgewater Beach Resort in beautiful Panama City Beach. This 10th floor 3 bed/3 bath unit has been recently remodeled throughout, including new flooring throughout the unit, kitchen cabinets, mattresses, a new ceiling throughout, light fixtures, and new decor and furniture throughout that convey with the sale. All three bedrooms in the unit are extremely spacious and add to the ideal layout this unit provides for rental income. This unit is at an ideal location for rentals in a complex that has long been a vacation staple in the Panama City Beach area. The remainder of the summer is booked and there is opportunity for immediate income for the right investor. Contact your favorite agent today before this one is gone!
Details
Maps
Listing Info, Tax and Legal
HOA Fee: Yes
HOA Amount: 4273.46
HOA Frequency: Quarterly
HOA Annual Amount: 17093.84
New Buyer Fee: No
Brokerage Interest: No Interest
Condo Doc: Yes
Contract Info
List Price/SqFt: 535.95
Status: Sold
List Date: 2023-05-18
List Price: $989,900
Current Price: $970,000
Location
Unit #: 1001
Sub Area: 0318 - Beach - Central South
Community/Resort: Edgewater
Waterfront: Yes
Elementary School: Hutchison Beach
Middle School: Surfside
High School: Arnold
Directions: Edgewtater Beach Resort is right off of Front Beach Road in the heart of Panama City Beach. Tower one is the middle tower.
Area: 03 - Bay County - Beach
Street #: 11483
Street Name: Front Beach Road
State: FL
Zip Code: 32408
County: Bay
Subdivision: Edgewater Beach
Parcel ID: 34800-109-000
Legal Description: EDGEWATER TOWER I A CONDO UNIT 1001 3BR 3B ORB 1028 P 1971 1847 H&C 525 BALC ORB 4654 P 2268
General Property Info
Design: High-Rise (8+ floors)
Apx SqFt(Htd/Cooled): 1847
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: 1985
Remarks & Misc
Remarks: Rental projections of up to $112,000 attached! Here is your opportunity to own a completely renovated unit in Tower One of the popular Edgewater Beach Resort in beautiful Panama City Beach. This 10th floor 3 bed/3 bath unit has been recently remodeled throughout, including new flooring throughout the unit, kitchen cabinets, mattresses, a new ceiling throughout, light fixtures, and new decor and furniture throughout that convey with the sale. All three bedrooms in the unit are extremely spacious and add to the ideal layout this unit provides for rental income. This unit is at an ideal location for rentals in a complex that has long been a vacation staple in the Panama City Beach area. The remainder of the summer is booked and there is opportunity for immediate income for the right investor. Contact your favorite agent today before this one is gone!
Status Change Info
Sold Price/SqFt: 525.18
Under Contract Date: 2023-09-01
Sold Date: 2023-11-01
Sold Price: $970,000
Dining Room
First: 1
Pool Features
Inground: 1
Appliances
Dishwasher: 1
Disposal: 1
Dryer: 1
Microwave: 1
Oven - Electric: 1
Range - Electric: 1
Washer: 1
Water Heater - Electric: 1
Interior Features
Closet Owner: 1
Kitchen Island: 1
Exterior
Balcony: 1
Patio Open: 1
Pool: 1
Association Fees Include
Accounting: 1
Dumpster: 1
Exercise Room: 1
Game Room: 1
Gated Community: 1
Golf: 1
Pool: 1
Tennis: 1
Trash Disposal: 1
TV Cable: 1
Water: 1
Financing
Cash: 1
Conventional: 1
Furnished
Furnished: 1
Kitchen
First: 1
Living Room
First: 1
Lot Access
City Street: 1
Parking Features
Gated: 1
No Garage: 1
Association Amenities
Beach: 1
Business Center: 1
Elevators: 1
Exercise Room: 1
Gated Community: 1
Laundry: 1
Pool: 1
Retail Shops: 1
Security-24 hour: 1
Theater: 1
Waterfront: 1
Other - See Remarks: 1
Rooms
Bedroom: 1
Dining Room: 1
Kitchen: 1
Living Room: 1
Primary Bedroom: 1
Utilities
TV Cable: 1
Electricity - Connected: 1
Garbage: 1
Public Sewer - Connected: 1
Water Connected: 1
Waterview
Gulf: 1
Sale Type
As Is: 1
Waterfront Type
Gulf: 1
Bedroom
First: 1
Cooling
Ceiling Fan(s): 1
Electric: 1
Security Features
24 Hour Security: 1
Security Gate: 1
Property Features
Appliances: Dishwasher; Disposal; Dryer; Microwave; Oven - Electric; Range - Electric; Washer; Water Heater - Electric
Bedroom: First
Cooling: Ceiling Fan(s); Electric
Exterior: Balcony; Patio Open; Pool
Association Fees Include: Accounting; TV Cable; Dumpster; Exercise Room; Game Room; Gated Community; Golf; Pool; Tennis; Trash Disposal; Water
Financing: Cash; Conventional
Furnished: Furnished
Kitchen: First
Living Room: First
Lot Access: City Street
Dining Room: First
Pool Features: Inground
Security Features: 24 Hour Security; Security Gate
Parking Features: Gated; No Garage
Association Amenities: Beach; Business Center; Elevators; Exercise Room; Gated Community; Laundry; Pool; Retail Shops; Security-24 hour; Theater; Waterfront; Other - See Remarks
Rooms: Bedroom; Dining Room; Kitchen; Living Room; Primary Bedroom
Sale Type: As Is
Utilities: TV Cable; Electricity - Connected; Garbage; Public Sewer - Connected; Water Connected
Waterfront Type: Gulf
Waterview: Gulf
Room Information
| Room Name | Level | Dimensions | Length | Width | Dimensions |
| Master Bedroom | First | 20 x 14 | 20.00 | 14.00 | 20 x 14 |
| Bedroom | First | 14 x 13 | 14.00 | 13.00 | 14 x 13 |
| Bedroom | First | 14 x 12 | 14.00 | 12.00 | 14 x 12 |
| Living Room | First | 15 x 14 | 15.00 | 14.00 | 15 x 14 |
| Dining Room | First | 11 x 10 | 11.00 | 10.00 | 11 x 10 |
| Kitchen | First | 10 x 8 | 10.00 | 8.00 | 10 x 8 |
Listing Office: Anchor Realty Florida
Last Updated: September - 25 - 2024
Information deemed reliable but not guaranteed.