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15928 Front Beach Road , #404

Panama City Beach, FL 32413
  • $460,000
  • STATUS: Closed
  • ON SITE: 334 Days
  • MLS #: 903218
Sold - 12/13/2022
$460,000
SOLD - 12/13/2022
  • 1
    BEDS
  • N/A
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,074
    SQFT
  • $0
    $/SQFT
Type:
Condo
Built:
2020
County:
Bay
Area:

School Information

Elementary School:
Middle School:
High School:

Description

If you're looking for one of the highest cap rate investment returns along the Emerald Coast, you've found it! With $62K in gross rentals, this coastal gem generating a 12% cap rate in Calypso Towers III makes a compelling vacation rental investment property. Located on the 4th floor in PCB's newest high rise, this unit offers amazing gulf views and the ultimate in modern luxury. The largest 1B/2B plan with 1,074 square feet has incredible gulf views from both the master and living areas. This turnkey, fully furnished unit is the lowest priced and best value unit in this prime Front Beach Rd location. A well-appointed kitchen with upgraded appliance package overlooks a spacious, light-filled living room with queen sleeper sofa.

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© 2023 Emerald Coast Association of Realtors MLS. All rights reserved. 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 is deemed reliable but is not guaranteed accurate by the MLS or ENGEL & VÖLKERS. Vendor Member number: 28178. Data last updated: 2023-06-09T00:08:36.68.
Vendor Member #28178.
www.30afineliving.com/homes/130733382
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15928 Front Beach Road , #404 Panama City Beach, FL 32413

  • Price: $465,000
  • Status: Closed
  • On Site: 334 Days
  • MLS #: 903218
1
Beds
2
Baths
0
½ Baths
N/A
Acres
1,074
SQFT
$0
$/SQFT
2020
Built
Neighborhood:
Calypso Resort & Towers Iii
County:
Bay
Area:
Bay County
Elementary School:
Hutchinson Beach
Middle School:
Surfside
High School:
Arnold
Property Description
If you're looking for one of the highest cap rate investment returns along the Emerald Coast, you've found it! With $62K in gross rentals, this coastal gem generating a 12% cap rate in Calypso Towers III makes a compelling vacation rental investment property. Located on the 4th floor in PCB's newest high rise, this unit offers amazing gulf views and the ultimate in modern luxury. The largest 1B/2B plan with 1,074 square feet has incredible gulf views from both the master and living areas. This turnkey, fully furnished unit is the lowest priced and best value unit in this prime Front Beach Rd location. A well-appointed kitchen with upgraded appliance package overlooks a spacious, light-filled living room with queen sleeper sofa.
Exterior Features

Architectural Style N/A Attached Garage YN No Carport YN No Construction Materials Roof Tile/SlateStucco Exterior Features BalconyCabanaHot TubPatio CoveredPool - HeatedPool - In-GroundSeparate Living Area Parking Features Garage View Gulf Waterfront Features Gulf Waterfront YN Yes

Interior Features

Cooling Ceiling Fan(S) Cooling YN Yes Interior Features Breakfast BarCeiling Crwn MoldingElevatorFloor TileFurnished - AllLighting RecessedPantryWasher/Dryer HookupWindow Treatment All Kitchen Appliances DishwasherDisposalDryerMicrowaveRefrigeratorSmoke DetectorStove/Oven ElectricWasher Room Type Master BedroomKitchen Rooms Total 3

Property Features

Association Fee Frequency Monthly Association Fee Includes AccountingGround KeepingInternet ServiceMaster AssociationRecreational FacltySecuritySewerWater Association Fee2 627.49 Association YN Yes Buyer Financing Conventional Community Features Bbq Pit/GrillBeachDeed AccessElevatorsExercise RoomTv Cable New Construction YN No Number Of Units Buildings 250 Number Of Units In Community 250 Property Class Residential Property Condition Construction Complete Property Sub Type Condominium Tax Amount 43.54 Tax Year 2021 Utilities ElectricPublic SewerPublic WaterTv Cable

Listing courtesy of Corcoran Reverie Srb: 850-231-5030.


© 2023 Emerald Coast Association of Realtors MLS. All rights reserved. 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 is deemed reliable but is not guaranteed accurate by the MLS or ENGEL & VÖLKERS. Vendor Member number: 28178. Data last updated: 2023-06-09T00:08:36.68.
Vendor Member #28178.
 
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3557 E. Co. Hwy 30A
Santa Rosa Beach FL, 32459