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$1,650,000

Beds
5
Baths
4.0
sq ft
2,695

17820 Front Beach Rd Unit B, Panama City Beach, FL 32413

17820 Front Beach Rd Unit B

Panama City Beach, FL 32413

  • <1 day on market
Amazing beach house in a prime location just a mere 100 yards from the pristine shorelines of Laguna Beach and boasts $140,000 in rental income in 2024. This FULLY FURNISHED, three-story home is in excellent condition and provides an attractive opportunity for investors seeking a turnkey rental property as well as buyers seeking a primary residence or a luxurious vacation home. The home is spacious enough to serve as a main residence or vacation home for up to 14 guests. It was completely remodeled in 2022, with additional kitchen and bathroom renovations completed in 2024, and features stunning Gulf views, lock-out suite on the ground floor, ample covered parking, high-impact windows, fresh paint, upgraded finishes, and a hydraulic elevator ensuring easy access to each floor. The first-floor suite is self-contained with its own kitchen bathroom and living room, second floor has 2 luxurious king suites, and the third-floor features a gorgeous open living-dining and a fully equipped kitchen with stunning Gulf views!

Details

Property type

Est. home value

$1,418,103

Lot size

3,093 sq ft

Price per sq ft

$613

Year built

2007

Annual property taxes

$9,035

HOA

No

Price History

02/05/2025
CentralPanhandle

CentralPanhandle #768287

Listed
$1,650,000
11/01/2024
CentralPanhandle

CentralPanhandle #755642

Removed
$1,650,000
04/12/2024
CentralPanhandle

CentralPanhandle #755642

Listed
$1,650,000
+24.53%

Schools & Community

Elementary school: 

West Bay

Middle school: 

Surfside

High school: 

Arnold

Community features: 

Sidewalks

Number of units in community: 

2

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

Cadence Bank Na

Loan start date

August 2023

Original loan amount

$1,060,000

Est. remaining balance

Not provided

Interest rate

6.69%

Loan type

Commercial

Seller

R Owens Properties Llc and Owens Investments Llc

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: 02/05/2025 at 7:55 PM

Listing updated: 02/05/2025 at 4:49 PM

Listed by: Jeffery G Ramsey, Ramsey Realty Group, LLC Phone #: (903) 452-8892

MLS: CentralPanhandle #768287

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