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Sold for $525,000
  • $525,000

    16819 Front Beach Rd #2308, Panama City Beach, FL 32407

    2beds
    1,593sqft
    Condominium
    Built in 2007
    -- sqft lot
    $550,700 Zestimate®
    $330/sqft
    $4,153 Estimated rent

    Home value

    $550,700

    $512,000 - $595,000

    $4,153/mo

    Zestimate® history
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    What's special

    Introducing Tidewater 2308, centrally located in Panama City Beach, just 15 minutes from Panama City Beach Airport, 5 minutes from Pier Park, and a mere 30 seconds from the pristine Gulf of Mexico beaches. Revel in panoramic views spanning from Destin to Port Saint Joe along the Florida coastline, all from the 23rd floor. This unit, 2308, boasts a spacious master bedroom with beach-facing windows, while the guest bedroom provides a captivating view of the bay. The master bathroom features a garden soaking tub and a walk-in shower. The large kitchen, equipped with stainless steel appliances, is perfect for cooking and entertaining the entire family. Step out onto the expansive patio from the comfortable living area to witness breathtaking sunsets. With nearly 1600 square feet, this unit offers one of Tidewater's most sought-after floorplans. On the ground floor, you'll discover two patio pools for relaxation after a day at the beach, a tiki bar, a small restaurant, a hot tub, a fitness facility, and even an arcade. Tidewater provides a private parking garage with a skywalk crossover for convenient parking. This unit stands out as an investor's dream, promising proven rental returns and profitability. A new HVAC system was installed in 2023! Unit is owner managed on Airbnb, in 2023 the gross rental income was $44,269 with 86 nights used by owners for all peak times and holidays. Seller is offering $10,000 credit towards flooring allowance!!

    Zillow last checked:

    Listing updated:

    Listed by:

    Shawn A Dunne 850-525-5875,

    Berkshire Hathaway Home Services PenFed Realty

    Bought with:

    Scott A Kirkman

    EXP Realty LLC

    Source: ECAOR,MLS#: 940683MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Bedroom
    • Level: First
    • Area: 182 Square Feet
    • Dimensions: 13 x 14
    Primary bathroom
    • Level: First
    • Area: 210 Square Feet
    • Dimensions: 15 x 14
    Kitchen
    • Level: First
    • Area: 130 Square Feet
    • Dimensions: 13 x 10
    Living room
    • Level: First
    • Area: 224 Square Feet
    • Dimensions: 16 x 14
    Heating
    • Central
    Cooling
    • Central Air, Ceiling Fan(s)
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer, Electric Water Heater
    • Laundry: Washer/Dryer Hookup
    Features
    • Recessed Lighting, Split Bedroom
    • Flooring: Tile, Carpet
    • Windows: Window Treatments
    • Furnished: Yes
    Interior area
    • Total structure area: 1,593
    • Total interior livable area: 1,593 sqft

    Property

    Parking
    • Parking features: Detached
    • Has garage: Yes
    Features
    • Exterior features: Balcony
    • Has view: Yes
    • View description: Gulf
    • Has water view: Yes
    • Water view: Gulf
    • Waterfront features: Gulf
    Details
    • Parcel number: 40000950206

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Materials
    • Concrete
    Condition
    • Construction Complete
    • New construction: No
    • Year built: 2007

    Community & neighborhood

    Security
    • Security features: Fire Alarm, Smoke Detector(s)
    Community
    • Community features: BBQ Pit/Grill, Community Room, Dumpster, Elevators, Fitness Center, Game Room, Picnic Area, Pool, Waterfront, Short Term Rental - Allowed
    Location
    • Region: Panama City Beach
    • Subdivision: TIDEWATER BEACH STAGE 1

    Price history

    DateEventPrice
    2/27/2024Sold$525,000-12.4%$330/sqft
    Source: ECAOR #940683 Report a problem
    1/29/2024Pending sale$599,000$376/sqft
    Source: ECAOR #940683 Report a problem
    1/23/2024Listed for sale$599,000-9.2%$376/sqft
    Source: ECAOR #940683 Report a problem
    6/23/2022Sold$660,000-1.3%$414/sqft
    Source: Public Record Report a problem
    5/24/2022Pending sale$669,000$420/sqft
    Source: ECAOR #895832 Report a problem
    4/21/2022Price change$669,000-1.5%$420/sqft
    Source: ECAOR #895832 Report a problem
    4/15/2022Listed for sale$679,000+83.6%$426/sqft
    Source: ECAOR #895832 Report a problem
    5/25/2018Sold$369,900+49.8%$232/sqft
    Source: Public Record Report a problem
    3/22/2012Sold$247,000$155/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$6,744 +0.2%$533,375
    2023$6,729 +84.9%$533,375 +60.9%
    2022$3,638 $331,521
    2021-- --
    2020$3,465 +3.7%$319,517 +2.3%
    2019$3,340 $312,333 +8.9%
    2018$3,340 -5%$286,875
    2017$3,517 +7.9%$286,875 +3.1%
    2016$3,258 +3.6%$278,375 +5.7%
    2015$3,145 $263,458 +9.1%
    2014$3,145 $241,511 +10%
    2013-- $219,555 +9.8%
    2012-- $199,964 +22.7%
    2011-- $162,941 -6.3%
    2010-- $173,859 -30%
    2009-- $248,370 -0.8%
    2008-- $250,410

    Find assessor info on the county website

    Neighborhood: 32407

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Hutchinson Beach
    • Middle: Surfside
    • High: Arnold

    Source: ECAOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    $561,714