Investing in the Fontainebleau Terrace in Panama City Beach presents a compelling opportunity for buyers seeking a blend of history, modern updates, and prime beachfront location. Here are some key reasons why this CASH investment could be appealing to prospective buyers:1. **Iconic and Historic Charm:** The Fontainebleau Terrace's status as an iconic and historic property from 1965 adds a sense of nostalgia and uniqueness that can attract vacationers looking for affordability and convenience.2. **Prime Beachfront Location:** Situated on the beautiful Panama City Beach, you a buyer are not just purchasing a property; you're investing in a lifestyle. The convenience of having direct access to the beach and stunning ocean views can be a significant draw for those seeking a beachfront experience.3. **Major Updates and Renovations:** The major updates and renovations to the property signal a commitment to enhancing its value and appeal. The potential for increased rental income, property appreciation, and improved amenities, making it an attractive investment.4. **Rental Income Potential:** For buyers looking for an investment property, the opportunity to generate a strong return on investment through rental returns may appeal to those seeking both financial gain and leisure opportunities.5. **Potential for Capital Appreciation:** With ongoing improvements and updates, the property will increase in value over time, potentially leading to capital appreciation for buyers seeking long-term investment growth.6. **Investment in a Thriving Tourism Destination:** Panama City Beach's popularity as a tourist destination can provide buyers with a steady stream of guests and demand for accommodation, making it a strategic investment choice in a flourishing market.If your seeking a unique and lucrative real estate opportunity in Panama City Beach contact your favorite Realtor today to discuss the longterm benefits of being an owner at FBT.
Property Type(s):
Condo/Townhouse/Co-Op
|
Last Updated
|
3/22/2024
|
Tract
|
Fontainebleau Terrace
|
|
Year Built
|
1965
|
Community
|
03 - Bay County - Beach
|
|
County
|
Bay
|
SCHOOLS
| Elementary School |
Hutchison Beach |
| Jr. High School |
Surfside |
| High School |
Arnold |
Additional Details
| AIR |
Ductless |
| AIR CONDITIONING |
Yes |
| AMENITIES |
Cable TV, Electricity, Insurance, Maintenance Grounds, Sewer, Water |
| APPLIANCES |
Electric Range, Microwave, Refrigerator |
| AREA |
03 - Bay County - Beach |
| CONSTRUCTION |
Concrete |
| HOA DUES |
795 |
| LOT |
0 |
| LOT DESCRIPTION |
Waterfront |
| LOT DIMENSIONS |
0X0 |
| PARKING |
Open |
| POOL DESCRIPTION |
Outdoor Pool, In Ground, Community |
| STORIES |
7 |
| STYLE |
MidRise |
| SUBDIVISION |
Fontainebleau Terrace |
| TAXES |
1707 |
| WATERFRONT |
Yes |
| WATERFRONT DESCRIPTION |
Waterfront |
Location
Listing provided by Keller Williams Success Realty
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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