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Sold for $820,000
  • $820,000

    16819 Front Beach Rd Unit 417, Panama City Beach, FL 32407

    3beds
    1,670sqft
    Condominium
    Built in 2007
    -- sqft lot
    $810,000 Zestimate®
    $491/sqft
    $4,224 Estimated rent

    Home value

    $810,000

    $753,000 - $875,000

    $4,224/mo

    Zestimate® history
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    What's special

    Tidewater Beach Resort #417 in Panama City Beach, Florida, is a highly desirable property with its spacious three-bedroom, three-bathroom layout with 1670 square feet and stunning wraparound balcony. The unit has been recently remodeled with custom furnishings, making it an attractive option for both owners and renters alike. Despite the owner's frequent use of the property, it still generates substantial rental income. With the potential to exceed $70,000 in gross rental income when fully booked, it's clear that this condo offers a significant return on investment. Even with heavy owner usage, it has consistently brought in impressive rental income, showcasing its appeal to vacationers. With heavy owner usage, the condo generated $53,850.30 in rental income in 2022, $57,202.21 in 2023, and has already rented and booked $32,331.62 in 2024 (through April 11, 2024). Situated on the eastern corner of Tidewater, the condo boasts breathtaking views of the Emerald Coast's emerald waters. Its low-floor location provides added convenience, allowing residents to easily access the unit via stairs if desired. The amenities offered by Tidewater Beach Resort are top-notch, ensuring that guests have everything they need for a memorable stay. From multiple pools and hot tubs to a fitness center, game room, and even a movie theater, there's no shortage of entertainment options. Plus, the proximity to Pier Park, with its fireworks displays, adds an extra layer of excitement to the location. Overall, Tidewater Beach Resort #417 is a true delight for both owners and guests. Its combination of luxury, convenience, and income potential makes it a standout property in Panama City Beach. With heavy owner usage, the condo generated $53,850.30 in rental income in 2022, $57,202.21 in 2023, and has already rented and booked $32,331.62 in 2024 (through April 11, 2024). Situated on the eastern corner of Tidewater, the condo boasts breathtaking views of the Emerald Coast's emerald waters. Its low-floor location provides added convenience, allowing residents to easily access the unit via stairs if desired. The amenities offered by Tidewater Beach Resort are top-notch, ensuring that guests have everything they need for a memorable stay. From multiple pools and hot tubs to a fitness center, game room, and even a movie theater, there's no shortage of entertainment options. Plus, the proximity to Pier Park, with its fireworks displays, adds an extra layer of excitement to the location. Overall, Tidewater Beach Resort #417 is a true delight for both owners and guests. Its combination of luxury, convenience, and income potential makes it a standout property in Panama City Beach.

    Zillow last checked:

    Listing updated:

    Listed by:

    Mike S Herring 850-321-0917,

    Keller Williams Realty Emerald

    Bought with:

    Mike S Herring, 3256219

    Keller Williams Realty Emerald

    Source: CPAR,MLS#: 755568MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 3
    Primary bedroom
    • Description: Measurements approximate; buyer to verify
    • Level: First
    • Dimensions: 14 x 14
    Bedroom
    • Level: First
    • Dimensions: 14 x 12
    Bedroom
    • Level: First
    • Dimensions: 14 x 11
    Kitchen
    • Level: First
    • Dimensions: 12 x 10
    Living room
    • Level: First
    • Dimensions: 20 x 18
    Heating
    • Central, Electric
    Cooling
    • Central Air, Ceiling Fan(s)
    Appliances
    • Included: Washer/Dryer Stacked, Electric Range, Electric Water Heater
    • Laundry: Washer Hookup, Dryer Hookup, Stacked
    Interior area
    • Total structure area: 1,670
    • Total interior livable area: 1,670 sqft

    Property

    Features
    • Patio & porch: Balcony
    • Pool features: In Ground, Community, Pool
    • Has view: Yes
    • View description: Gulf
    • Has water view: Yes
    • Water view: Gulf
    • Waterfront features: Gulf
    Details
    • Parcel number: 40000975042

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: High Rise
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Concrete
    Condition
    • Year built: 2007

    Utilities & green energy

    • Sewer: Public Sewer
    • Utilities for property: Electricity Available, Water Connected

    Community & neighborhood

    Security
    • Security features: Building Security, Smoke Detector(s), Security Service
    Community
    • Community features: Beach, Clubhouse, Elevator, Fitness Center, Fishing, Game Room, Pool, Sauna, Short Term Rental Allowed
    Location
    • Region: Panama City Beach
    • Subdivision: Tidewater Beach Phase II

    Price history

    DateEventPrice
    5/3/2024Sold$820,000-3.4%$491/sqft
    Source: CPAR #755568 Report a problem
    4/24/2024Pending sale$849,000$508/sqft
    Source: ECAOR #947119 Report a problem
    4/12/2024Listed for sale$849,000+16%$508/sqft
    Source: ECAOR #947119 Report a problem
    1/18/2022Sold$732,000+25.1%$438/sqft
    Source: Public Record Report a problem
    3/27/2020Sold$585,000+67.1%$350/sqft
    Source: CPAR #692367 Report a problem
    6/13/2011Sold$350,000$210/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$8,576 -0.1%$682,975
    2023$8,583 +25.1%$682,975 +20.7%
    2022$6,861 $565,675
    2021-- --
    2020$5,810 +14.7%$467,500 +10%
    2019$5,064 $425,000
    2018$5,064 -1.4%$425,000 +5.6%
    2017$5,137 +11.6%$402,591 +10%
    2016$4,601 +9.1%$365,992 +10%
    2015$4,219 $332,720 +10%
    2014$4,219 $302,473 +10%
    2013-- $274,975 +3.4%
    2012-- $265,965 -8.6%
    2011-- $290,972 -12%
    2010-- $330,650 -6.8%
    2009-- $354,875 -5.1%
    2008-- $374,000

    Find assessor info on the county website

    Neighborhood: 32407

    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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    $826,200