16701 Front Beach Road 1505, Panama City Beach, FL 32413
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Priced at Only: $394,000
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Address: 16701 Front Beach Road 1505, Panama City Beach, FL 32413
Property Location and Similar Properties
- MLS#: 778578 ( Residential )
- Street Address: 16701 Front Beach Road 1505
- Viewed: 70
- Price: $394,000
- Price sqft: $431
- Waterfront: Yes
- Wateraccess: Yes
- Waterfront Type: Gulf,ShorelineSand
- Year Built: 2008
- Bldg sqft: 914
- Bedrooms: 1
- Total Baths: 2
- Full Baths: 2
- Days On Market: 197
- Additional Information
- Geolocation: 30.2193 / -85.8845
- County: BAY
- City: Panama City Beach
- Zipcode: 32413
- Subdivision: Sterling Breeze
- Building: Sterling Breeze
- Elementary School: Hutchison Beach
- Middle School: Surfside
- High School: Arnold
- Provided by: Berkshire Hathaway HomeServices Beach Properties o
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DescriptionPrime Gulf Front Investment Opportunity in Sterling Breeze Turnkey & Revenue Ready! Discover your piece of Panama City Beach paradise at Sterling Breeze, a boutique beachfront gem right in the action packed tourism district steps from the excitement of Pier Park! With new hotspots like Topgolf and Dolly Parton's Pirates Voyage boosting year round visitor appeal, this location delivers endless entertainment, dining, and shopping for renters. Unit 1505 stands out with its expansive 115 sq ft gulf side balcony one of the largest in the area complete with a rare built in grill (a true standout feature few complexes offer). Soak in unobstructed views of the Gulf of Mexico and the iconic Russell Fields Pier, the ultimate spot for front row seats to the region's biggest fireworks shows on July 4th and New Year's Eve. This 1 bed/2 bath condo has proven its earning power even through tougher economic times: 2023 Gross Revenue: $38,816.84 2024 Gross Revenue: $33,882.61 2025 Gross Revenue: $29,842 With tourism stabilizing and demand trends showing strong recovery potential into 2026 (median STR revenues climbing in PCB), this unit is positioned for growth as an Airbnb/VRBO favorite. Resort style amenities make it effortless: two new elevators, welcoming lobby, fitness center, stunning saltwater pool, seasonal poolside snack bar, expansive pavestone sundeck, hot tub, firepit, and lakeside games (bocce ball & horseshoes) under the freshly renovated parking structure. Sterling Breeze is financially rock solid no special assessments on the horizon! Reserves fully funded, HOA owns revenue generating commercial parcels to offset expenses, Recent roof replacement, Elevators only 2 3 years old, Parking garage just renovated, Building exterior painting bids underway, and Monthly HOA fees have actually decreased a rare win for owners! Fully furnished and ready for immediate rentals or personal use. Don't miss this chance to own in one of PCB's most desirable beachfront spots. Schedule your showing today opportunities like this don't last in this market!
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Building and Construction
- Covered Spaces: 0.00
- Living Area: 0.00
- Roof: Flat, Membrane
Land Information
- Lot Features: Paved
School Information
- High School: Arnold
- Middle School: Surfside
- School Elementary: Hutchison Beach
Garage and Parking
- Garage Spaces: 0.00
- Open Parking Spaces: 0.00
- Parking Features: Paved, CommunityStructure
Eco-Communities
- Green Energy Efficient: Appliances
- Pool Features: ElectricHeat, InGround, SaltWater, Community
Utilities
- Carport Spaces: 0.00
- Cooling: CentralAir, CeilingFans, HeatPump
- Heating: Central, Electric, ForcedAir, HeatPump
- Road Frontage Type: CityStreet
- Sewer: PublicSewer
- Utilities: CableConnected, ElectricityAvailable, HighSpeedInternetAvailable, UndergroundUtilities, PhoneAvailable
Amenities
- Association Amenities: PicnicArea, SpaHotTub
Finance and Tax Information
- Home Owners Association Fee: 0.00
- Insurance Expense: 0.00
- Net Operating Income: 0.00
- Other Expense: 0.00
- Pet Deposit: 0.00
- Security Deposit: 0.00
- Tax Year: 2025
- Trash Expense: 0.00
Other Features
- Appliances: WasherDryerStacked, EnergyStarQualifiedAppliances, ElectricRange, ElectricWaterHeater
- Interior Features: SmartThermostat
- Legal Description: STERLING BREEZE CONDOMINIUM TYPE C UNIT 1505 ORB 3021 P 2025 1BR 1BUNK 2BA 914 H&C ORB 4228 P 1451 126 BALC
- Area Major: 03 - Bay County - Beach
- Occupant Type: Tenant
- Parcel Number: 40001-175-087
- Style: HighRise
- The Range: 0.00
- Unit Number: 1505
- View: Gulf
- Views: 70
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