HighRise
15100 Front Beach Road 1002 & 1004
Panama City Beach, FL 32413
MLS#: 790465
$725,000
Property
Beds
2
Full Baths
2
1/2 Baths
None
Year Built
2007
Sq.Footage
1,266
COMING SOON NO SHOWINGS | PROFESSIONAL PHOTOGRAPHY COMING SOON! ULTRA-EXCLUSIVE OPPORTUNITY: TWO INCOME-PRODUCING LUXURY UNITS FOR ONE UNBEATABLE PRICE AT ORIGIN AT SEAHAVEN! Whether you are looking for a powerhouse luxury rental revenue generator or an effortless family getaway, this one-of-a-kind package delivers revenue and prestige in the middle central beach district. Completely unlike anything else on the coast, these adjoining plug-and-play residences are in tip-top, turn-key shape. Not one single detail has been left upgraded--featuring fancy, designer furniture, sleek high-end finishes, and modern upgrades from top to bottom. WAKE UP AND STROLL ALONG TO YOUR PRIVATE BEACH ACCESS TO THE EMERALD WATERS. Experience unmatched entertaining spaces outside of the unit with a massive, spectacular shared rooftop deck mixing breathtaking views with an incredible bbq space. Dip into the resort pool, sizzle on the sun deck, and train in the state-of-the-art fitness center. LOCATED DIRECTLY ACROSS THE STREET FROM THE LEGENDARY SHARKY'S BEACHFRONT RESTAURANT, YOU ARE PERFECTLY POSITIONED TO ENJOY THE ENERGY OF THE COAST WITHOUT ANY OF THE HEADACHES. Positioned outside of the frantic crowds of Pier Park, yet close enough to drive into it for entertainment and dining in just a few minutes. THIS PROPERTY HAS BEEN LOVINGLY UTILIZED AS A PERSONAL ESCAPE AND HIGH-END FAMILY RETREAT, MEANING THE INTERIOR WEAR-AND-TEAR IS VIRTUALLY ZERO. However, as a short-term rental engine, the layout offers maximum configuration flexibility to drive an incredibly attractive, stable cap rate. Derived directly from hyper-local market history and actual historical data for this specific floor plan, our highly conservative projections show an estimated gross annual revenue of $42,000 - $46,000+. The rental revenue for the unit should increase each year. Repeat guests are valuable and this should help to maximize your occupancy and therefore increase your ROI. Based on these baseline numbers, savvy buyers can look forward to a strong, resilient net capitalization rate that outperforms traditional equity markets, making this a top-tier investor show-off location that cash-flows beautifully from day one. BUY WITH ABSOLUTE PEACE OF MIND. This is an exceptionally secured property with a healthy HOA. The building has passed inspections. THIS IS AN IRREPLACEABLE ASSORTMENT OF UPGRADED LUXURY, FINANCIAL SECURITY, AND UNMATCHED PLACEMENT.
Features & Amenities
Interior
-
Total Bedrooms
2
-
Bathrooms
2
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Other Exterior Features
Balcony
-
Pool
Yes
-
Pool Features
Community
-
Waterfront YN
NO
Area & Lot
-
Property Type
Residential
-
Property Sub Type
Condominium
-
Architectural Style
HighRise
Price
-
Sales Price
$725,000
-
Tax Amount
$5,662
-
Sq. Footage
1, 266
-
Price/SqFt
$572
HOA
-
Association
Yes
-
Association Fee Includes
N/A
School District
-
Elementary School
Hutchison Beach
-
Middle School
Surfside
-
High School
Arnold
Property Features
-
New Construction
NO
-
Association Amenities
Beach Rights, Game Room, Barbecue, Picnic Area, Sauna, Spa/Hot Tub
-
Sewer
Public Sewer
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Location
County
Bay
Elementary School
Hutchison Beach
Middle School
Surfside
High School
Arnold
Listing Courtesy of Danielle S Kemp , CENTURY 21 Ryan Realty Inc
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REALTORĀ®
Emily Lewallen
Call Emily today to schedule a private showing.
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