'CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS'. WOULD MAKE AN IDEAL NEW YEARS GIFT TO YOUR SELF, AND THE FAMILY! Recent enhancements over the past few years include the installation of a new disposal, water heater, HVAC system, and refrigerator. In addition to these modern amenities, a Reme Halo in-duct air purifier was incorporated in 2020, ensuring that the air you breathe remains pristine and free from impurities.
For those considering this property as an investment, it offers a proven track record of excellence. In 2021, it generated a gross rental income of $26,864, and that figure increased to an impressive $31,907 in 2022. These numbers underscore its potential as a high-performing rental property, making it an attractive option for investors.
Situated within the prestigious Majestic Beach Towers, this property offers a truly majestic experience. Known for its lavish amenities and expert management, it has never required a special assessment, reflecting its impeccable financial stewardship. The location, prominently positioned on Front Beach Rd, provides unparalleled convenience with close proximity to Walmart, a variety of dining options, and a multitude of activities. The nearby attractions, including the open-air Pier Park Mall, St. Andrews State Park, Frank Brown Park, and the Northwest Florida Beaches International Airport, make exploring the area a breeze.
The resort itself boasts a bounty of exceptional amenities, catering to a wide range of interests and preferences. Residents and guests can take advantage of a fully equipped fitness center, a stadium-style movie theater, both indoor and outdoor pools, soothing hot tubs, and an inviting game room. The poolside bar and grill offer delectable dining options, and coffee enthusiasts will appreciate the on-site Starbucks within the market. The property also provides an owner's lounge, a convention center for hosting events, and secure, covered parking for added convenience. For sports enthusiasts, there are tennis courts, and BBQ aficionados have their own dedicated grilling area. Security measures are in place around the clock, ensuring peace of mind for all residents and guests.
In summary, this studio unit at Majestic Beach Towers offers the perfect blend of comfort and financial potential. Whether you're seeking an ideal vacation escape or a savvy investment opportunity, this property is well-equipped to fulfill your aspirations.
Sold for $343,000 on 01/29/24
$343,000
10901 Front Beach Rd UNIT 1512, Panama City Beach, FL 32407
--beds
429sqft
Condominium
Built in 2005
-- sqft lot
$226,000 Zestimate®
$800/sqft
$1,442 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: 8 hours ago
Listed by:
Jeffrey Gillam 850-319-8483,
RC Real Estate Group
Bought with:
Kristina L Walton
Keller Williams Realty Emerald
Source: CPAR,MLS#: 747349
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 1
- Full bathrooms: 1
Other
- Level: First
Heating
- Central, Electric
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Electric Range, Electric Water Heater, Ice Maker
Interior area
- Total structure area: 429
- Total interior livable area: 429 sqft
Property
Parking
- Parking features: Gated
Features
- Patio & porch: Balcony
- Pool features: Indoor, In Ground, Community
- Spa features: Community
- Has view: Yes
- View description: Gulf
- Has water view: Yes
- Water view: Gulf
Lot
- Features: Paved
Details
- Parcel number: 34881575206
- Zoning description: Resid Multi-Family
- Special conditions: Listed As-Is
Construction
Type & style
- Home type: Condo
- Architectural style: High Rise
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Roof: Flat
Condition
- Year built: 2005
Utilities & green energy
- Sewer: Public Sewer
- Utilities for property: Cable Connected, Electricity Available, Water Connected
Community & neighborhood
Security
- Security features: Fire Sprinkler System, Gated with Guard, 24 Hour Security, Fire Alarm, Smoke Detector(s), Security Service
Community
- Community features: Barbecue, Beach, Clubhouse, Elevator, Fitness Center, Game Room, Pool, Tennis Court(s), Waterfront, Short Term Rental Allowed
Location
- Region: Panama City Beach
- Subdivision: Majestic Beach Tower I
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$226,000
2% more+$4,520
With Zillow Showcase(estimated)$230,520