23223 Front Beach RD #A509 new Save Request In-Person Tour Request Virtual Tour
Panama City Beach,FL 32413
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 887 sqft
Price per Sqft $349
Subdivision Pinnacle Port Phase 1-A
MLS Listing ID 773638
Style High Rise
Bedrooms 2
Full Baths 2
HOA Fees $991/qua
HOA Y/N Yes
Year Built 1970
Property Sub-Type Condominium
Property Description
Welcome to your Gulf-front escape at Pinnacle Port, located within the private, gated community of Carillon Beach! This beautifully maintained 2-bedroom, 2-bath condo is sold fully furnished and offers breathtaking views of the Gulf along with a lifestyle of relaxation and convenience. The split-level layout features one bedroom and a full bath on the first floor, while the second level hosts the kitchen, dining area, living room, another full bath, laundry, and a balcony perfect for soaking in panoramic water views.This premier complex offers incredible amenities including two pools (one partially covered), tennis and shuffleboard courts, an exercise room, game room, playground, kayak and canoe rentals, grilling and picnic areas, boat slips, fishing docks, and saunas. Tucked between Lake Powell and the Gulf, you truly get the best of both worlds with nature all around and the beach just steps away.HOA dues cover water, trash, exterior insurance, heating and cooling, and grounds maintenance--leaving only electricity as your utility, which averages just $30/month. Located across from Camp Helen State Park and only five minutes from the upscale shopping, dining, and charm of 30A communities like Rosemary Beach and Alys Beach.For an updated, self-managed, and well-marketed 2BR unit at Pinnacle Port, you can expect:Avg Daily Rental Rate: $210-$240 per night (higher end due to updates and direct bookings)Occupancy: ~60-65% annually (above market average with strong marketing)Estimated Annual Revenue:At $210/night 60% occupancy = $46,000/yearAt $240/night 65% occupancy = $57,000/yearRealistic range: $46K-$57K annually if managed effectively and kept in top condition.CAP RATE OF 10.48%Painting in living area will not convey.All information is deemed reliable but not guaranteed; buyer to verify if important.
Location
State FL
County Bay
Community Barbecue,Basketball Court,Beach,Dock,Elevator,Game Room,Playground,Sport Court(S),Short Term Rental Allowed,Tennis Court(S),Waterfront,Gated,Pool
Area 03 - Bay County - Beach
Interior
Interior Features Breakfast Bar
Heating Central,Electric
Cooling Central Air,Electric
Furnishings Furnished
Fireplace No
Appliance Dryer,Dishwasher,Electric Oven,Electric Range,Electric Water Heater,Ice Maker,Microwave,Refrigerator,Range Hood,Washer
Exterior
Exterior Feature Balcony
Parking Features Parking Lot
Pool Fenced,Gunite,In Ground,Pool,Community
Community Features Barbecue,Basketball Court,Beach,Dock,Elevator,Game Room,Playground,Sport Court(s),Short Term Rental Allowed,Tennis Court(s),Waterfront,Gated,Pool
Utilities Available Cable Connected,Trash Collection
Amenities Available Beach Rights,Game Room,Gated
Waterfront Description Gulf,Shoreline - Sand,Waterfront
View Y/N Yes
Water Access Desc Gulf,Shoreline - Sand,Waterfront
View Gulf,Lake
Porch Balcony
Building
Lot Description Waterfront
Architectural Style High Rise
Schools
Elementary Schools West Bay
Middle Schools Surfside
High Schools Arnold
Others
HOA Fee Include Clubhouse,Cable TV,Fishing Rights,Insurance,Internet,Maintenance Grounds,Pool(s),Sewer,Trash,Water
Tax ID 36463-260-000
Security Features Fire Alarm,Firewall(s),Fire Sprinkler System,Gated with Guard,Gated Community,Smoke Detector(s),Security Fence,Security Service
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional