Panama City Beach, FL 32413,23223 Front Beach RD #A509
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Panama City Beach, FL 32413,23223 Front Beach RD #A509
Panama City Beach, FL 32413,23223 Front Beach RD #A509
Panama City Beach, FL 32413,23223 Front Beach RD #A509
Panama City Beach, FL 32413,23223 Front Beach RD #A509
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$ 309,900
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23223 Front Beach RD #A509 Panama City Beach, FL 32413

2 Beds

2 Baths

887 SqFt


UPDATED:

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 $2,974/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


Listed by Beach House Sales and Development
agent

Mila Jackson

+1(850) 218-7875

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23223 Front Beach RD #A509