- Price$1,348,999
- Beds3
- Baths3
- SQ. Feet1,849
- Built2008
17281 Front Beach Road # 401, Panama City Beach
Welcome to Palazzo 401, a breathtaking condo that checks nearly every box for the discerning buyer. Located on the 4th floor, this beach retreat has unparalleled southern and eastern views of Panama City Beach's coastline, and an extremely spacious floorplan suitable for a large family or to accommodate for strong vacation rental income. Palazzo is one of the newer condos in Panama City Beach (2008), and since completion has always been regarded as one of the luxury products in Panama City Beach. Located on most popular west end of the beach, there is more peace and quiet at this location than other buildings running along the beach, while also being only a 15-minute drive to Rosemary Beach and the beaches of 30A. This beautiful property is equipped with 9-foot ceilings, floor to ceiling glass windows wrapping the living and dining areas, and master bedroom. Boasting a 220 sqft balcony, there is room for all guests to enjoy the crashing waves of the beautiful Emerald Coast. Currently configured to sleep 8-10 guest, the rental income has been solid for this unit, achieving over 65,000 in gross income in 2023, with 3 weeks of time being blocked off for repainting of the building and with several weeks of owner usage. Take a look at the projections of over 100k in the documents section! Sellers currently manage by-owner and will help the new owners with the transition to self-managing if so desired. With only 129 units, Palazzo is a lower density building compared to the other condos in PCB, and for this reason has always been a desirable location for private second-home owners, those looking for a vacation rental, and even for many primary residents. This property is in excellent condition, with new paint and some new furniture. It also comes with a deeded exterior storage closet large enough to store bikes, kayaks and paddle boards. There are many condos on the beach to choose from. Some of these condos are built more for strictly vacation rentals, and a few that built more for noon rental purposes. Here at Palazzo, you will get the best of both worlds! Come see this luxury masterpiece and you will see what has drawn buyers to these floorpans since it's conception!
Essential Information
- MLS® #757987
- Price$1,348,999
- Bedrooms3
- Bathrooms3.00
- Full Baths3
- Square Footage1,849
- Acres0.00
- Year Built2008
- TypeResidential
- Sub-TypeCondominium
- StyleHigh Rise
- StatusActive
Amenities
- AmenitiesBeach Rights, Gated, Storage
- UtilitiesHigh Speed Internet Available, Cable Available, Phone Available
- ParkingGarage, Attached, Electric Gate
- GaragesGarage, Attached, Electric Gate
- ViewGulf, Lake
- Is WaterfrontYes
- WaterfrontGulf, Shoreline - Sand
- Has PoolYes
- PoolElectric Heat, In Ground, Community
Exterior
- ExteriorBlock
- Exterior FeaturesBalcony
- ConstructionBlock
Additional Information
- Date ListedJune 1st, 2024
- HOA Fees1494.48
- HOA Fees Freq.Monthly
Community Information
- Address17281 Front Beach Road # 401
- Area03 - Bay County - Beach
- SubdivisionPalazzo
- CityPanama City Beach
- CountyBay
- StateFL
- Zip Code32413
Interior
- Interior FeaturesHigh Ceilings, Pantry, Recessed Lighting, Kitchen Island, Smart Thermostat, Track Lighting
- AppliancesDryer, Dishwasher, Electric Cooktop, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
- HeatingElectric
- CoolingElectric
School Information
- ElementaryWest Bay
- MiddleSurfside
- HighArnold
Listing Details
- Listing OfficeCompass Florida, LLC
Price Change History for 17281 Front Beach Road # 401, Panama City Beach, FL (MLS® #757987)
Date | Details | Price | Change |
---|---|---|---|
Price Reduced | $1,348,999 | $1 (0.00%) | |
Price Reduced (from $1,399,000) | $1,349,000 | $50,000 (3.57%) |
DISCLAIMER: IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Source: Bay County Association Of REALTORS® Multiple Listing Service