tomo logo

$717,500

Beds
2
Baths
2.0
sq ft
1,157

17757 Front Beach Rd Unit 1708B, Panama City Beach, FL 32413

17757 Front Beach Rd Unit 1708B

Panama City Beach, FL 32413

  • <1 day on market
Established 5 Star Premier Property and guest favorite with Expedia, Travelocity, Booking.com, and VRBO. Solid $40k revenue in 2024. Full reservation calendar providing an immediate ROI. Many returning guests book directly with owner. Easily self-managed without property management fees.... putting more money in your pocket! Established business plan and rental listing with a 13% nightly rate increase for 2025. This property is on target to generate immediate income for seasoned investors and buyers new to investing. A complete business model is in place and set to generate income in order to help the new buyer transition into ownership and take a lot of the guesswork out of investing and managing a vacation rental.You will see in the attached ''Guest Reviews'' that guests love the fun beach-bum vibes combined with a lush, coastal cottage feel. This is not your typical condo. No detail has been untouched.... from a leather sectional with power recliners and fresh pillows, plush bedding, cozy throws, beach chairs, toys, and towels, professionally cleaned linens to a warm fireplace for cool beach evenings. A fully furnished, well-stocked kitchen gives guests the ability to easily prepare meals and entertain. The kitchen has a beverage bar with cappuccino machine, martini maker with glasses, additional ice machine, air fryer, multicooker, rice maker, hot pot and much more! BUT THE VIEW is guests' absolute favorite! 5 mins to Pier Park and close proximity to Rosemary Beach round-out a full guest experience of the area. Newer dishwasher, garbage disposal, hot water heater, air filters, exhaust fans, paint, light fixtures, indoor and patio furniture, and fire extinguisher. Serviced AC unit and smoke detectors in 2025. Recently installed fiber optic internet and cable. THIS CONDO AND LOCATION CAN NOT BE BEAT!A dependable and professional cleaning crew is established and ready to work for you. This is a once in a lifetime opportunity to invest in a beautiful property that is completely set-up and is producing an immediate income. Be sure to see the Business Model in the attached documents. Owner/Agent

Details

Property type

Condominium

Est. home value

$699,407

Lot size

Unknown

Price per sq ft

$621

Year built

2004

Annual property taxes

$7,006

Monthly HOA fee

$1,068.85

Price History

03/11/2025
CentralPanhandle

CentralPanhandle #770127

Listed
$717,500
+10.38%
03/18/2024
CentralPanhandle

CentralPanhandle #748652

Removed
$650,000
03/02/2024
CentralPanhandle

CentralPanhandle #748652

Price change
$650,000
-7.01%

Schools & Community

Elementary school: 

West Bay

Middle school: 

Surfside

High school: 

Arnold

Community features: 

Pool, Clubhouse, Fitness Center, Park, Tennis Court(s), Sidewalks

Number of units in community: 

193

Seller’s Loan History

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

Lender

Trustmark National Bank

Loan start date

December 2021

Original loan amount

$345,000

Est. remaining balance

Not provided

Interest rate

3.05%

Loan type

New Conventional, 30 year

Seller

Ramona Lee

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: 03/11/2025 at 9:35 PM

Listing updated: 03/11/2025 at 1:50 AM

Listed by: Ramona I Lee, Coldwell Banker Realty Phone #: (850) 234-6696

MLS: CentralPanhandle #770127

CentralPanhandle logo