14401 Front Beach Road Unit 305, Panama City Beach, FL 32413

$192,000
1
BA

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List Price
$192,000
Status
ACTIVE
MLS#
792961
Subtype
Residential
Style
Mid Rise
Year Built
1965
Bathrooms
1
Full Baths
1
Subdivision
Fontainebleau Terrace
Neighborhood
Beach - Central South
MLS Area Major
Bay County - Beach

Property Description

ASSESSMENT FREE!!! BRAND NEW HVAC!!! AMAZING UPDATES!!! UNBELIEVABLE SUNSET VIEWS!!! This beautifully decorated unit in one of the most iconic buildings on the beach has been newly remodeled and is waiting to make someone an incredibly happy investor! Although the current owner has only briefly rented the unit, similar ones in the building pull in an incredibly strong rental income nearing $30k annually. That's right... You can get the same income from this gem vs condos that cost $200k more. Generate a 4% plus annual return on investment - and nearly 8% ROI when you add in appreciation!!! All the big ticket items have been recently updated - ensuring worry free ownership and maximum profit for years to come! Unlike ANY other building on the beach, the $895 monthly HOA dues cover EVERY single utility expense - even the electricity!!! Take 2 seconds to break that down ($150 elec, $80 water, $50 trash, $120 cable/internet, $300 exterior insurance, $30 sewer, $100 exterior maint/grounds, $30 gym = $860 TOTAL), and you will quickly see that you are only paying $35 a month for a pool, the biggest and best beach viewing deck in town, and the closest condos to the sand that PCB has to offer. You will NOT find a better deal anywhere in town! 3rd floor, right on the sand, and perfectly located on the HIGHLY DESIRED west side of the building which guarantees the best sunsets in town. If you are looking for a beautiful rental unit in the most established building in PCB, or an incredibly relaxing place to call home, this is hands down the best investment on the entire beach!!!

Additional Information

Interior Features
Shower Only
HOA Fee
$895
Property Description
Mid Rise
Appliances
Electric Cooktop, Electric Water Heater
Air Conditioning
Window Unit(s)
Exterior Construction
Concrete, Stucco
Stories
7
Roof
Flat, Membrane
Elementary School
Hutchison Beach
Middle School
Surfside
High School
Arnold

Listing courtesy of Beachy Beach Real Estate.

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