11347 Front Beach Road Unit 413, Panama City, FL 32407

Property Description

Welcome to Unit 413 in Edgewater Tower III, a Gulf-front condo in the heart of Panama City Beach offering expansive Gulf views, resort-style living, and a strong investment profile. Located within the highly sought-after Edgewater Beach Resort, this residence presents an excellent opportunity for a primary residence, second home, or short-term rental property. The interior features an open and functional layout designed to maximize natural light and showcase stunning views of the emerald waters and sugar-white sands. A private Gulf-front balcony provides the perfect space to relax and enjoy the coastal setting, whether for personal use or guest enjoyment. Edgewater Tower III offers a quieter residential atmosphere while still providing full access to Edgewater's extensive resort amenities. Owners and guests enjoy over 11,500 feet of private beach frontage, multiple lagoon-style and heated pools, an on-site golf course, fitness center and spa, tennis and pickleball courts, on-site dining and retail options, and 24-hour gated security—creating a true resort-style experience in one of Panama City Beach's most established communities. This condo also offers a solid history of short-term rental performance, making it a strong option for buyers seeking a Panama City Beach investment with consistent demand. Based on recent performance, the unit has produced an approximate five-year average gross income of $43,429 per year, reflecting steady occupancy and long-term appeal in a Gulf-front resort setting. Additional highlights include a water heater installed in May 2014, an HVAC system replaced in October 2018, and the added benefit of recent building-wide upgrades, with the fire sprinkler system fully renovated and brought up to current code, along with electrical system updates, providing peace of mind for owners and guests alike. Conveniently located near Pier Park, dining, shopping, entertainment, and local attractions, Unit 413 offers a rare combination of location, lifestyle, and income potential. Whether you're looking for a turnkey vacation rental, second home, or Gulf-front investment, this Edgewater Tower III condo stands out as a compelling opportunity on the Emerald Coast.