$59,176 in revenue July '25 to June '26: a 17.5% ROI on the asking price! One of the largest and most flexible floor plans at Grand Panama Beach Resort, this spacious 903-square-foot 1-bedroom-plus-bunk-alcove offers two full bathrooms and sleeps six, living far bigger than the typical beach condo. From the 10th floor of Tower 2, a covered private balcony captures sweeping Gulf and main-strip views, the perfect perch for morning coffee or a sunset cocktail. Inside, the king master is a true retreat, with an electric fireplace glowing beneath a wall-mounted TV and an en-suite bath featuring double granite vanities and an oversized walk-in shower, while a second full bathroom, a built-in bunk alcove, a queen sleeper sofa, and two recliners make the open-plan living area endlessly flexible for families and groups.
The kitchen is full granite with stainless appliances and a dishwasher, and there is an in-unit washer and dryer. Grand Panama Beach Resort delivers a beachfront free-form pool and a heated rooftop pool atop Tower 2, hot tubs, a seasonal beachside tiki bar, a large fitness center, covered garage parking, an elevated enclosed sky-bridge to the beach, and a hotel-style lobby, while the HOA covers building insurance, water and sewer, cable, and internet for predictable ownership costs. Grand Panama also has storage lockers for owners, and this unit will convey with four of them. Best of all, about 33% of its revenue already comes from direct and repeat bookings, well above the Panama City Beach market average.
As an added bonus, the seller's revenue consultant will personally assist the buyer in expanding the property's direct-booking strategy through modern AI, automation, and data-driven revenue management techniques. Space, a second full bath, sleeps-six flexibility, and proven cash flow, all just minutes from Pier Park and Panama City Beach's most popular attractions. Full rent roll available to qualified buyers.
For sale
Price increase: $900 (6/26)
$339,900
11800 Front Beach Rd Unit 1006, Panama City Beach, FL 32407
1beds
903sqft
Condominium
Built in 2007
-- sqft lot
$324,700 Zestimate®
$376/sqft
$-- HOA
What's special
Electric fireplaceCovered private balconySeasonal beachside tiki barIn-unit washer and dryerBuilt-in bunk alcoveHot tubsQueen sleeper sofa
- 22 days |
- 289 |
- 26 |
Zillow last checked:
Listing updated:
Listed by:
Gleb Alikhver 404-933-7966,
Alikhver Realty
Source: CPAR,MLS#: 791283
Originating MLS: Central Panhandle Association of REALTORS
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Bedroom, Kitchen, Living Room
Bedroom
- Dimensions: 11 x 12
Kitchen
- Dimensions: 11 x 10
Living room
- Dimensions: 16 x 15
Heating
- Fireplace(s)
Appliances
- Included: Washer/Dryer Stacked, Electric Range
- Laundry: Stacked
Features
- Double Vanity, Home Theater
- Has fireplace: Yes
- Fireplace features: Electric
Interior area
- Total structure area: 903
- Total interior livable area: 903 sqft
Property
Parking
- Total spaces: 2
- Parking features: Community Structure
- Garage spaces: 2
Features
- Patio & porch: Balcony
- Pool features: Community
- Spa features: Community
- Has view: Yes
- View description: Gulf, Water
- Has water view: Yes
- Water view: Gulf,Water
Details
- Parcel number: 40000700265
- Special conditions: Listed As-Is
Construction
Type & style
- Home type: Condo
- Architectural style: High Rise
- Property subtype: Condominium
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 2007
Utilities & green energy
- Utilities for property: Cable Connected, High Speed Internet Available
Community & HOA
Community
- Features: Barbecue, Beach, Business Center, Elevator, Fitness Center, Game Room, Media Room, Pool, Storage Facilities, Waterfront, Community Pool, Short Term Rental Allowed
- Security: Building Security, Secured Garage/Parking, 24 Hour Security
- Subdivision: Grand Panama Beach Resort
HOA
- Has HOA: Yes
Location
- Region: Panama City Beach
Financial & listing details
- Price per square foot: $376/sqft
- Tax assessed value: $339,575
- Annual tax amount: $4,200
- Date on market: 6/12/2026
- Cumulative days on market: 22 days
Estimated market value
$324,700
$308,000 - $341,000
$3,916/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/26/2026 | Price change | $339,900+0.3%$376/sqft |
Source: | ||
| 6/12/2026 | Listed for sale | $339,000-20.2%$375/sqft |
Source: | ||
| 3/11/2025 | Listing removed | -- |
Source: Owner Report a problem | ||
| 1/24/2025 | Listed for sale | $425,000+25.4%$471/sqft |
Source: Owner Report a problem | ||
| 8/9/2021 | Sold | $339,000-0.3%$375/sqft |
Source: | ||
| 7/24/2021 | Pending sale | $339,950$376/sqft |
Source: | ||
| 7/23/2021 | Listed for sale | $339,950+54.6%$376/sqft |
Source: | ||
| 9/13/2019 | Sold | $219,900$244/sqft |
Source: | ||
| 8/16/2019 | Price change | $219,900-4.3%$244/sqft |
Source: Coldwell Banker Residential Real Estate - Panama City Beach - Thomas Dr. #685936 Report a problem | ||
| 8/6/2019 | Price change | $229,900-2.2%$255/sqft |
Source: Coldwell Banker Residential Real Estate - Panama City Beach - Thomas Dr. #685936 Report a problem | ||
| 7/12/2019 | Listed for sale | $235,000+34.3%$260/sqft |
Source: Coldwell Banker Residential Real Estate #685936 Report a problem | ||
| 8/26/2016 | Sold | $175,000+0.1%$194/sqft |
Source: Public Record Report a problem | ||
| 10/31/2013 | Sold | $174,900+0.1%$194/sqft |
Source: | ||
| 10/15/2013 | Price change | $174,7500%$194/sqft |
Source: Coldwell Banker United, Realtors #599535 Report a problem | ||
| 7/24/2013 | Price change | $174,800-0.1%$194/sqft |
Source: Coldwell Banker United, Realtors #599535 Report a problem | ||
| 6/26/2013 | Listed for sale | $174,900+20.6%$194/sqft |
Source: Coldwell Banker United, Realtors #599535 Report a problem | ||
| 5/2/2012 | Sold | $145,000-68.4%$161/sqft |
Source: Public Record Report a problem | ||
| 10/25/2007 | Sold | $458,900$508/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,200 +5.5% | $309,836 +10% |
| 2023 | $3,982 +29.7% | $281,669 +10% |
| 2022 | $3,069 | $256,063 |
| 2021 | -- | -- |
| 2020 | $2,346 +11.8% | $189,125 +11.3% |
| 2019 | $2,099 | $170,000 +6.7% |
| 2018 | $2,099 +4.4% | $159,375 +4.2% |
| 2017 | $2,010 +14.3% | $153,000 +1.1% |
| 2016 | $1,758 -2.4% | $151,300 +2.6% |
| 2015 | $1,801 | $147,497 +10% |
| 2014 | $1,801 | $134,088 +5.2% |
| 2013 | -- | $127,500 +3.5% |
| 2012 | -- | $123,165 -13.3% |
| 2011 | -- | $142,042 +10% |
| 2010 | -- | $129,129 -18.8% |
| 2009 | -- | $158,928 -53.3% |
| 2008 | -- | $340,431 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 32407
Nearby schools
GreatSchools rating
- 8/10Hutchison Beach Elementary SchoolGrades: K-5Distance: 1 mi
- 7/10Surfside Middle SchoolGrades: PK-12Distance: 2.2 mi
- 4/10J.R. Arnold High SchoolGrades: 9-12Distance: 1.3 mi
Schools provided by the listing agent
- Elementary: Hutchison Beach
- Middle: Surfside
- High: Arnold
Source: CPAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Florida
- Bay County
- Panama City Beach
- 32407
- 11800 Front Beach Rd Unit 1006
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