Step into your newly renovated, spacious condo with high ceilings and a 17th story view of the emerald waves of Panama City Beach! This condo effortlessly accommodates 6 guests, ensuring ample space for both relaxation and entertainment. Wake up to awe-inspiring panoramic views of the Gulf Coast from your private balcony, where the salty breeze and shimmering waters greet you each morning. Calling all investors! This condo is a great opportunity for short-term rental income, allowing you to capitalize on the high demand for vacation rentals in this sought-after area. The sellers rent less than 1/3 of the year, which covers all costs of ownership (HOA, Taxes, etc). These Palazzo units have no issues renting out year-round. For 2021-2023, sellers have rented an average of 118 nights per year, making an average of $27,000 per year. The four convenient levels of parking for owners and guests exclusively ensure stress-free arrivals and departures. Indulge in the beachside lifestyle with Pier Park just a short beach walk, offering an array of shops, dining options, and entertainment venues. But why leave when you have a poolside paradise right at your doorstep? Dive into luxury with community amenities including a sparkling pool and rejuvenating hot tub, or elevate your fitness routine while soaking in breathtaking Gulf Coast vistas from the exclusive workout room. Whether you're seeking a lucrative investment opportunity or a personal coastal haven, this condo epitomizes the best of both worlds. Rarely does an opportunity arise to own a piece of the coveted west end, and the Palazzo offers the epitome of coastal luxury living in an exclusive enclave where units are a rare find.
Property Type(s):
Condo/Townhouse/Co-Op
|
Last Updated
|
4/25/2024
|
Tract
|
Palazzo
|
|
Year Built
|
2008
|
Community
|
03 - Bay County - Beach
|
|
Garage Spaces
|
2.0
|
County
|
Bay
|
SCHOOLS
| Elementary School |
West Bay |
| Jr. High School |
Surfside |
| High School |
Arnold |
Price History
|
Prior to Apr 25, '24
|
$595,000 |
| Apr 25, '24 - Today |
$569,000 |
Additional Details
| AMENITIES |
Cable TV, Insurance, Internet, Maintenance Grounds, Sewer, Trash, Water |
| AREA |
03 - Bay County - Beach |
| EXTERIOR |
Balcony |
| GARAGE |
Yes |
| HOA DUES |
829.28 |
| INTERIOR |
High Speed Internet |
| LOT |
0 |
| LOT DESCRIPTION |
Waterfront |
| LOT DIMENSIONS |
0x0 |
| STORIES |
21 |
| STYLE |
HighRise |
| SUBDIVISION |
Palazzo |
| UTILITIES |
Cable Connected, Electricity Connected, Phone Connected, Sewer Connected, Water Connected |
| WATERFRONT |
Yes |
Location
Listing provided by LPT Realty LLC
IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
This IDX solution is (c) Diverse Solutions 2024.
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