TWO UNITS FOR THE PRICE OF ONE--A UNIQUE INVESTMENT OPPORTUNITY DIRECTLY ON PANAMA CITY BEACH!
Looking for flexibility, rental potential, and an unbeatable beach location? This unique offering at Ambassador gives you TWO separate living spaces with the ability to use them together or separately. The property includes an updated coastal studio with a full bathroom PLUS a 1-bedroom, 1-bath unit with an additional bunk room. An adjoining door connects the spaces, creating multiple options for owners, guests, or vacation rentals.
Use one and rent the other, rent both separately, or open the adjoining door and enjoy them together! This versatile layout provides possibilities that are hard to find along Panama City Beach.
Inside, you'll find attractive coastal updates including LVP flooring, shiplap accent walls, and stylish barn doors, creating the relaxed beach atmosphere vacationers are looking for.
Ambassador is a low-density, Gulf-front complex, offering owners and guests a more relaxed beach experience without the crowds of a large high-rise. Best of all, you're directly on the beautiful white sands and emerald waters of Panama City Beach.
LOCATION, LOCATION, LOCATION! Enjoy being near Pier Park, Top Golf, Pirates Voyage Dinner & Show, restaurants, shopping, entertainment, and many of Panama City Beach's most popular attractions--a major advantage for vacation-rental guests who want to be close to the action.
Community amenities include a Gulf-front swimming pool, outdoor hot tub, tiki bar, BBQ grills, and onsite pet area.
Another attractive feature is the HOA fee, which covers many essentials for BOTH units, including water, sewer, trash, cable, internet, pest control, and building insurance.
Whether you're searching for an income-producing vacation rental, second home, personal beach getaway, or a combination of all three, this property offers exceptional flexibility in one of Panama City Beach's most desirable locations.
Two units. Multiple rental possibilities. Steps from the Gulf. One incredible opportunity. Schedule your private showing today!
For sale
$329,900
15617 Front Beach Rd #231, Panama City Beach, FL 32413
2beds
792sqft
Condominium
Built in 1983
-- sqft lot
$242,300 Zestimate®
$417/sqft
$1,532/mo HOA
What's special
Onsite pet areaBbq grillsTwo separate living spacesOutdoor hot tubGulf-front swimming poolLow-density gulf-front complexTiki bar
- 4 hours
- 51
- 2
Zillow last checked:
Listing updated:
Listed by:
Kim Limmer 850-319-7316,
Coastal Palms Real Estate,
Brandie Allon 850-960-5990,
Coastal Palms Real Estate
Source: CPAR,MLS#: 794961
Originating MLS: Central Panhandle Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Bedroom, Living Room
Bedroom
- Level: First
- Dimensions: 15 x 12
Living room
- Level: First
- Dimensions: 36 x 15
Heating
- Electric
Cooling
- Wall Unit(s)
Appliances
- Included: Electric Cooktop
Features
- Shower Only
Interior area
- Total structure area: 792
- Total interior livable area: 792 sqft
Video & virtual tour
Property
Parking
- Parking features: Parking Lot
Features
- Stories: 4
- Patio & porch: Deck
- Exterior features: Barbecue, Deck, Outdoor Shower
- Pool features: In Ground, Community
- Has view: Yes
- View description: Gulf
- Has water view: Yes
- Water view: Gulf
- Waterfront features: Shoreline - Sand
Details
- Parcel number: 33778127000
- Zoning description: City, Resort
- Special conditions: Listed As-Is
Construction
Type & style
- Home type: Condo
- Architectural style: Mid Rise
- Property subtype: Condominium
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1983
Utilities & green energy
- Sewer: Public Sewer
Community & HOA
Community
- Features: Beach, Fishing, Park, Pool, Sauna, Waterfront, Barbecue, Community Pool, Short Term Rental Allowed
- Security: Smoke Detector(s)
- Subdivision: Ambassador Beach Condo
HOA
- Has HOA: Yes
- Amenities included: Beach Rights, Spa/Hot Tub
- Services included: Association Management, Cable TV, Insurance, Internet, Maintenance Grounds, Pest Control, Pool(s), Sewer, Trash, Water
- HOA fee: $1,532 monthly
Location
- Region: Panama City Beach
Financial & listing details
- Price per square foot: $417/sqft
- Tax assessed value: $78,572
- Annual tax amount: $2,156
- Date on market: 9/3/2026
Estimated market value
$242,300
$218,000 - $269,000
$2,354/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/3/2026 | Listed for sale | $329,900+34.7%$417/sqft |
Source: | ||
| 7/21/2025 | Sold | $245,000-2%$309/sqft |
Source: | ||
| 6/16/2025 | Pending sale | $249,900$316/sqft |
Source: BHHS broker feed #762058 Report a problem | ||
| 6/16/2025 | Contingent | $249,900$316/sqft |
Source: | ||
| 4/25/2025 | Price change | $249,900-10.4%$316/sqft |
Source: | ||
| 3/16/2025 | Price change | $279,000-3.5%$352/sqft |
Source: | ||
| 2/13/2025 | Price change | $289,000-3.3%$365/sqft |
Source: | ||
| 11/30/2024 | Price change | $299,000-5.1%$378/sqft |
Source: | ||
| 8/30/2024 | Listed for sale | $315,000+215%$398/sqft |
Source: | ||
| 6/18/2021 | Sold | $100,000-49.7%$126/sqft |
Source: | ||
| 3/10/2021 | Contingent | $199,000$251/sqft |
Source: | ||
| 1/15/2021 | Listed for sale | $199,000$251/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,166 -0.5% | $78,572 |
| 2023 | $1,171 +6.7% | $78,572 |
| 2022 | $1,098 | $78,572 |
| 2021 | -- | -- |
| 2020 | $847 | $78,572 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 32413
Nearby schools
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.







