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Sold for $387,500
    • $387,500

    16701 Front Beach Rd Unit 1505, Panama City Beach, FL 32407

    1beds
    914sqft
    Condominium
    Built in 2008
    -- sqft lot
    $373,700 Zestimate®
    $424/sqft
    $1,907 Estimated rent

    Home value

    $373,700

    $355,000 - $392,000

    $1,907/mo

    Zestimate® history
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    What's special

    Fully furnishedHot tubStunning saltwater poolExpansive pavestone sundeckSeasonal poolside snack barWelcoming lobbyFreshly renovated parking structure
    Prime Gulf-Front Investment Opportunity in Sterling Breeze - Turnkey & Revenue-Ready! Discover your piece of Panama City Beach paradise at Sterling Breeze, a boutique beachfront gem right in the action-packed tourism district--steps from the excitement of Pier Park! With new hotspots like Topgolf and Dolly Parton's Pirates Voyage boosting year-round visitor appeal, this location delivers endless entertainment, dining, and shopping for renters. Unit 1505 stands out with its expansive 115 sq ft gulf-side balcony--one of the largest in the area--complete with a rare built-in grill (a true standout feature few complexes offer). Soak in unobstructed views of the Gulf of Mexico and the iconic Russell-Fields Pier, the ultimate spot for front-row seats to the region's biggest fireworks shows on July 4th and New Year's Eve. This 1-bed/2-bath condo has proven its earning power even through tougher economic times: 2023 Gross Revenue: $38,816.84 2024 Gross Revenue: $33,882.61 2025 Gross Revenue: $29,842 With tourism stabilizing and demand trends showing strong recovery potential into 2026 (median STR revenues climbing in PCB), this unit is positioned for growth as an Airbnb/VRBO favorite. Resort-style amenities make it effortless: two new elevators, welcoming lobby, fitness center, stunning saltwater pool, seasonal poolside snack bar, expansive pavestone sundeck, hot tub, firepit, and lakeside games (bocce ball & horseshoes) under the freshly renovated parking structure. Sterling Breeze is financially rock-solid--no special assessments on the horizon! Reserves fully funded, HOA owns revenue-generating commercial parcels to offset expenses, Recent roof replacement, Elevators only 2-3 years old, Parking garage just renovated, Building exterior painting bids underway, and Monthly HOA fees have actually decreased--a rare win for owners! Fully furnished and ready for immediate rentals or personal use. Don't miss this chance to own in one of PCB's most desirable beachfront spots. Schedule your showing today--opportunities like this don't last in this market!

    Zillow last checked:

    Listing updated:

    Listed by:

    Mark Oberg 404-406-4887,

    Berkshire Hathaway HomeServices Beach Properties of Florida

    Bought with:

    Karen E Jones, SL3423084

    The Premier Property Group

    Source: CPAR,MLS#: 778578MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 2
    • Full bathrooms: 2
    Primary bedroom
    • Description: View of West Bay, Lullwater Lake & Pier Park
    • Level: First
    • Dimensions: 11.2 x 10.11
    Primary bathroom
    • Description: Floor-to-ceiling tile shower
    • Level: First
    • Dimensions: 9.6 x 6.4
    Other
    • Description: Twin Bunks Beds with Dresser of Drawers
    • Level: First
    • Dimensions: 7 x 4.6
    Other
    • Description: Hallway Bathroom with Tub/Shower Combo
    • Level: First
    • Dimensions: 9 x 5.9
    Kitchen
    • Description: Newer Appliances
    • Level: First
    • Dimensions: 10.2 x 7.1
    Living room
    • Description: Excellent view of the Gulf of Mexico
    • Level: First
    • Dimensions: 13.9 x 15.8
    Other
    • Description: Built-in Electric Grill
    • Features: Balcony
    • Level: First
    • Dimensions: 7.1 x 16.2
    Heating
    • Central, Electric, Forced Air, Heat Pump
    Cooling
    • Central Air, Ceiling Fan(s), Heat Pump
    Appliances
    • Included: Washer/Dryer Stacked, ENERGY STAR Qualified Appliances, Electric Range, Electric Water Heater
    • Laundry: Stacked
    Features
    • Smart Thermostat
    • Windows: Double Pane Windows
    Interior area
    • Total structure area: 914
    • Total interior livable area: 914 sqft

    Property

    Parking
    • Parking features: Paved, Community Structure
    Features
    • Patio & porch: Balcony
    • Pool features: Electric Heat, In Ground, Salt Water, Community
    • Spa features: Community
    • Has view: Yes
    • View description: Gulf
    • Has water view: Yes
    • Water view: Gulf
    • Waterfront features: Gulf, Shoreline - Sand
    • Frontage length: 200
    Lot
    • Features: Paved
    Details
    • Parcel number: 40001175087
    • Zoning description: Resid Multi-Family, Resort
    • Special conditions: Listed As-Is

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: High Rise
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Steel Frame, Stucco, Structural Insulated Panels
    • Foundation: Pillar/Post/Pier
    • Roof: Flat,Membrane
    Condition
    • New construction: No
    • Year built: 2008

    Utilities & green energy

    • Sewer: Public Sewer
    • Utilities for property: Cable Connected, Electricity Available, High Speed Internet Available, Underground Utilities, Phone Available
    Green energy
    • Energy efficient items: Appliances

    Community & neighborhood

    Security
    • Security features: Carbon Monoxide Detector(s), Fire Sprinkler System, Fire Alarm
    Community
    • Community features: Beach, Elevator, Fitness Center, Pool, Waterfront, Community Pool, Short Term Rental Allowed
    Location
    • Region: Panama City Beach
    • Subdivision: Sterling Breeze

    Price history

    DateEventPrice
    4/8/2026Sold$387,500-1.6%$424/sqft
    Source: CPAR #778578 Report a problem
    3/20/2026Pending sale$394,000$431/sqft
    Source: CPAR #778578 Report a problem
    2/23/2026Price change$394,000-1.5%$431/sqft
    Source: CPAR #778578 Report a problem
    12/9/2025Price change$399,999-1.2%$438/sqft
    Source: CPAR #778578 Report a problem
    11/17/2025Price change$405,000-0.7%$443/sqft
    Source: CPAR #778578 Report a problem
    10/10/2025Price change$408,000-0.5%$446/sqft
    Source: CPAR #778578 Report a problem
    9/4/2025Listed for sale$410,000$449/sqft
    Source: CPAR #778578 Report a problem
    8/1/2025Listing removed$410,000$449/sqft
    Source: CPAR #766982 Report a problem
    1/9/2025Listed for sale$410,000-8.9%$449/sqft
    Source: CPAR #766982 Report a problem
    7/31/2024Listing removed--
    Source: CPAR #733655 Report a problem
    1/10/2024Listing removed$449,900$492/sqft
    Source: CPAR #733655 Report a problem
    1/10/2024Listed for sale$449,900$492/sqft
    Source: CPAR #733655 Report a problem
    1/1/2024Listing removed--
    Source: CPAR #733655 Report a problem
    9/23/2023Price change$449,900-9.1%$492/sqft
    Source: CPAR #733655 Report a problem
    4/26/2023Price change$494,900-1%$541/sqft
    Source: CPAR #733655 Report a problem
    10/20/2022Listed for sale$499,900+93.8%$547/sqft
    Source: CPAR #733655 Report a problem
    2/28/2020Sold$258,000+10.7%$282/sqft
    Source: CPAR #690588 Report a problem
    10/16/2008Sold$233,000$255/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$4,398 +4.3%$299,243 +10%
    2023$4,216 +24.4%$272,039 +10%
    2022$3,390 $247,308
    2021-- --
    2020$2,741 +14.2%$215,518 +10%
    2019$2,400 $195,925 +4.5%
    2018$2,400 +2.4%$187,425 +0.2%
    2017$2,344 +9.6%$187,000 +2.9%
    2016$2,139 +7.6%$181,695 +10%
    2015$1,987 $165,177 +10%
    2014$1,987 $150,161 +10%
    2013-- $136,510 +10%
    2012-- $124,100 -25.3%
    2011-- $166,104 -0.3%
    2010-- $166,604 -16%
    2009-- $198,338 +227%
    2008-- $60,649

    Find assessor info on the county website

    Neighborhood: 32407

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    Nearby schools

    GreatSchools rating
    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.

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