Palazzo

    MLS Number: 757987
    Views: 13


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    17281 Front Beach #401
    Panama City Beach, FL 32413
    Square Foot of House
    1,849
    Sq Ft
    Number of Beds
    3
    Beds
    Number of Baths
    3/
    Baths
    $1,349,000 3.6%Price Decrease
    Previous price
    $1,399,000 - 06/13/2024 0.0%
     
     
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    Palazzo
    MLS Number: 757987

    Overstreet Realty
    708 Mulberry Ave, Panama City, FL 32401
    850-763-4459

     

    Welcome to Palazzo 401, a breathtaking condo that checks nearly every box for the discerning buyer. Located on the 4th floor, this beach retreat has unparalleled southern and eastern views of Panama City Beach's coastline, and an extremely spacious floorplan suitable for a large family or to accommodate for strong vacation rental income. Palazzo is one of the newer condos in Panama City Beach (2008), and since completion has always been regarded as one of the luxury products in Panama City Beach. Located on most popular west end of the beach, there is more peace and quiet at this location than other buildings running along the beach, while also being only a 15-minute drive to Rosemary Beach and the beaches of 30A. This beautiful property is equipped with 9-foot ceilings, floor to ceiling glass windows wrapping the living and dining areas, and master bedroom. Boasting a 220 sqft balcony, there is room for all guests to enjoy the crashing waves of the beautiful Emerald Coast. Currently configured to sleep 8-10 guest, the rental income has been solid for this unit, achieving over 65,000 in gross income in 2023, with 3 weeks of time being blocked off for repainting of the building and with several weeks of owner usage. Take a look at the projections of over 100k in the documents section! Sellers currently manage by-owner and will help the new owners with the transition to self-managing if so desired. With only 129 units, Palazzo is a lower density building compared to the other condos in PCB, and for this reason has always been a desirable location for private second-home owners, those looking for a vacation rental, and even for many primary residents. This property is in excellent condition, with new paint and some new furniture. It also comes with a deeded exterior storage closet large enough to store bikes, kayaks and paddle boards. There are many condos on the beach to choose from. Some of these condos are built more for strictly vacation rentals, and a few that built more for noon rental purposes. Here at Palazzo, you will get the best of both worlds! Come see this luxury masterpiece and you will see what has drawn buyers to these floorpans since it's conception!

    Listing provided courtesy of EXP Realty LLC

     

    Inquire About This Property

    • Architecture

      • Year Built: 2008
      • Stories: 0
      • Project Facilities:
      • Construction:
    • Interior Features

      • Square Footage: 1849
      • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Washer
      • Interior Features: Ceiling Crwn Molding, Ceiling Raised, Floor Tile, Kitchen Island, Lighting Recessed, Lighting Track, Pantry, Fire Alarm, Owner's Closet, Window Treatment All, Smart Thermostat
    • Property Features

      • Waterfront: Shore - Beach, Gulf, Lake
      • Waterview:
      • Parking: Garage Attached, Electric Gate
      • Utilities: Electric, Electric On Site, Internet - Broadband Available
      • Zoning:
    • Community

      • HOA Includes:Accounting, Beach, Community Room, Conference Center, Dumpster, Exercise Room, Gated Community, Ground Keeping, Internet Service, Pest Control, Pool, Repairs/Maintenance, Security, Separate Storage, Sewer, Trash Disposal, TV Cable, Water
      • HOA FEE:N/A
      • HOA Payable:Monthly
      • Elementary: West Bay
      • Middle: Surfside
      • High: Arnold

Current Data as of Mon Jul 22 7:45:44 CDT 2024