16701 Front Beach Road Unit 1505, Panama City Beach, FL 32413

Property Description

Prime Gulf-Front Investment Opportunity in Sterling Breeze - Turnkey & Revenue-Ready! Discover your piece of Panama City Beach paradise at Sterling Breeze, a boutique beachfront gem right in the action-packed tourism district--steps from the excitement of Pier Park! With new hotspots like Topgolf and Dolly Parton's Pirates Voyage boosting year-round visitor appeal, this location delivers endless entertainment, dining, and shopping for renters. Unit 1505 stands out with its expansive 115 sq ft gulf-side balcony--one of the largest in the area--complete with a rare built-in grill (a true standout feature few complexes offer). Soak in unobstructed views of the Gulf of Mexico and the iconic Russell-Fields Pier, the ultimate spot for front-row seats to the region's biggest fireworks shows on July 4th and New Year's Eve. This 1-bed/2-bath condo has proven its earning power even through tougher economic times: 2023 Gross Revenue: $38,816.84 2024 Gross Revenue: $33,882.61 2025 Gross Revenue: $29,842 With tourism stabilizing and demand trends showing strong recovery potential into 2026 (median STR revenues climbing in PCB), this unit is positioned for growth as an Airbnb/VRBO favorite. Resort-style amenities make it effortless: two new elevators, welcoming lobby, fitness center, stunning saltwater pool, seasonal poolside snack bar, expansive pavestone sundeck, hot tub, firepit, and lakeside games (bocce ball & horseshoes) under the freshly renovated parking structure. Sterling Breeze is financially rock-solid--no special assessments on the horizon! Reserves fully funded, HOA owns revenue-generating commercial parcels to offset expenses, Recent roof replacement, Elevators only 2-3 years old, Parking garage just renovated, Building exterior painting bids underway, and Monthly HOA fees have actually decreased--a rare win for owners! Fully furnished and ready for immediate rentals or personal use. Don't miss this chance to own in one of PCB's most desirable beachfront spots. Schedule your showing today--opportunities like this don't last in this market!