HighRise
16701 Front Beach Road 1505
Panama City Beach , FL 32413
MLS#: 778578
$394,000
Property
Beds
1
Full Baths
2
1/2 Baths
None
Year Built
2008
Sq.Footage
914
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!
Features & Amenities
Interior
-
Other Interior Features
Smart Thermostat
-
Total Bedrooms
1
-
Bathrooms
2
-
Cooling YN
YES
-
Cooling
Central Air, Ceiling Fan(s), Heat Pump
-
Heating YN
YES
-
Heating
Central, Electric, Forced Air, Heat Pump
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Stucco, Frame
-
Other Exterior Features
Balcony
-
Parking
Paved, Community Structure
-
Pool
Yes
-
Pool Features
Electric Heat, In Ground, Salt Water, Community
-
Waterfront YN
YES
-
View
Water
Area & Lot
-
Lot Features
Paved, Waterfront
-
Property Type
Residential
-
Property Sub Type
Condominium
-
Architectural Style
HighRise
Price
-
Sales Price
$394,000
-
Tax Amount
$4,220
-
Zoning
Resid Multi-Family, Resort
-
Sq. Footage
914
-
Price/SqFt
$431
HOA
-
Association
Yes
-
Association Fee Includes
N/A
School District
-
Elementary School
Hutchison Beach
-
Middle School
Surfside
-
High School
Arnold
Property Features
-
Stories
21
-
Association Amenities
Picnic Area, Spa/Hot Tub
-
Foundation Details
Pillar/Post/Pier
-
Sewer
Public Sewer
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Location
County
Bay
Elementary School
Hutchison Beach
Middle School
Surfside
High School
Arnold
Listing Courtesy of Mark Oberg , Berkshire Hathaway HomeServices Beach Properties of Florida
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REALTORĀ®
Kaitlin Palmer
Call Kaitlin today to schedule a private showing.
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