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$1,044,000

Beds
3
Baths
3.0
sq ft
1,847

11483 Front Beach Rd Unit 1001, Panama City Beach, FL 32407

11483 Front Beach Rd Unit 1001

Panama City Beach, FL 32407

  • 1 day on market
Wow! Stunning 3-bedroom, 3-bath Gulf-front condo offering over 1,800 sq ft of beautifully renovated living space. Perched on the 10th floor of the highly sought-after Tower I, this end unit boasts breathtaking panoramic views of the Gulf of Mexico and the iconic lagoon pool. Fall in love with the floor-to-ceiling windows that fill the space with natural light bouncing off of the 3-D wavy wall feature in LR and custom ceilings in the entry and hall. The modern kitchen is a chef's delight, featuring updated countertops and cabinetry, a tiled backsplash, custom ceiling covering with recessed lighting, and stainless steel appliances. You'll be please to have the durable, low maintenance tile flooring throughout. Updated living and dining room furniture and decor (2024), including leather sleeper sofa and loveseat. Just freshly painted throughout (2025). New HVAC installed in Nov. 2023. New electrical panel box replaced in 2024.The spacious primary suite opens to a wrap-around balcony, perfect for soaking in the sun, and its ensuite bath offers dual vanities and upscale finishes. Accommodations also include a first guest bedroom with two queen beds and a private full bath, and a second guest bedroom with a king bed that connects to a full bath with both bedroom and hallway access.Just steps away from the beach, residents and guests of Edgewater Beach & Golf Resort enjoy exclusive beach access. The resort offers an unmatched array of amenities. Relax by the 11,000 sq. ft. lagoon pool with its rock waterfall and wrap-around deck, or explore the 10 additional pools, four hot tubs, and a 9-hole par 3 golf course. Additional facilities include tennis, basketball and pickleball courts, shuffleboard, a fitness center, a splash pad, BBQ grills, on-site restaurants, a market, a gift shop, an arcade game room, a spa, and even an electric car charging station.This condo is not just a home but a rental powerhouse. Currently operating as a high-performing vacation rental managed by Azure-Properties, it represents an excellent investment opportunity with impressive income potential.* 2024 Revenue: $127k * 2025 Projected Revenue $133k* See Document section for more information. * All info must be verified by Buyers if important.

Details

Property type

Condominium

Est. home value

$982,639

Lot size

Unknown

Price per sq ft

$566

Year built

1985

Annual property taxes

$9,989

Monthly HOA fee

$2,239.77

Price History

04/01/2025
CentralPanhandle

CentralPanhandle #771259

Listed
$1,044,000
+7.63%
11/01/2023
CentralPanhandle

CentralPanhandle #741651

Sold
$970,000
+8.99%
02/02/2023
CentralPanhandle

CentralPanhandle #722292

Sold
$890,000
+8.54%

Schools & Community

Elementary school: 

Hutchison Beach

Middle school: 

Surfside

High school: 

Arnold

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$195,430
Asking price
$1,044,000
Closing costs (~8% of asking)
-$83,520
Est. remaining loan balance
-$765,050
Cash to seller
$195,430

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Deephaven Mortgage Llc

Loan start date

October 2023

Original loan amount

$776,000

Est. remaining balance

$765,050

Interest rate

7.18%

Loan type

New Conventional, 30 year

Seller

James A Hallock Jr and Michelle T Hallock

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 04/02/2025 at 5:35 PM

Listing updated: 04/02/2025 at 2:50 PM

Listed by: Carla D Singleton, Ohana Real Estate Services Phone #: (850) 238-2376

MLS: CentralPanhandle #771259

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