11800 Front Beach Road Unit 1006, Panama City Beach, FL 32407

$359,900
1
BD
2
BA

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List Price
$359,900
Status
ACTIVE
Price Change
▲ $20,000 1785219116
MLS#
791283
Subtype
Residential
Style
High Rise
Year Built
2007
Bedrooms
1
Bathrooms
2
Full Baths
2
Subdivision
Grand Panama Beach Resort
Neighborhood
Beach - Central South
MLS Area Major
Bay County - Beach

Property Description

$59,176 in revenue July '25 to June '26: a 17.5% ROI on the asking price! One of the largest and most flexible floor plans at Grand Panama Beach Resort, this spacious 903-square-foot 1-bedroom-plus-bunk-alcove offers two full bathrooms and sleeps six, living far bigger than the typical beach condo. From the 10th floor of Tower 2, a covered private balcony captures sweeping Gulf and main-strip views, the perfect perch for morning coffee or a sunset cocktail. Inside, the king master is a true retreat, with an electric fireplace glowing beneath a wall-mounted TV and an en-suite bath featuring double granite vanities and an oversized walk-in shower, while a second full bathroom, a built-in bunk alcove, a queen sleeper sofa, and two recliners make the open-plan living area endlessly flexible for families and groups. The kitchen is full granite with stainless appliances and a dishwasher, and there is an in-unit washer and dryer. Grand Panama Beach Resort delivers a beachfront free-form pool and a heated rooftop pool atop Tower 2, hot tubs, a seasonal beachside tiki bar, a large fitness center, covered garage parking, an elevated enclosed sky-bridge to the beach, and a hotel-style lobby, while the HOA covers building insurance, water and sewer, cable, and internet for predictable ownership costs. Grand Panama also has storage lockers for owners, and this unit will convey with four of them. Best of all, about 33% of its revenue already comes from direct and repeat bookings, well above the Panama City Beach market average. As an added bonus, the seller's revenue consultant will personally assist the buyer in expanding the property's direct-booking strategy through modern AI, automation, and data-driven revenue management techniques. Space, a second full bath, sleeps-six flexibility, and proven cash flow, all just minutes from Pier Park and Panama City Beach's most popular attractions. Full rent roll available to qualified buyers.

Additional Information

Interior Features
Double Vanity, Home Theater
HOA Fee
$667
Property Description
High Rise
Appliances
Washer/Dryer Stacked, Electric Range
Heating
Fireplace(s)
Parking
Community Structure
Garage Spaces
2
Elementary School
Hutchison Beach
Middle School
Surfside
High School
Arnold

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Calculator source: Real Geeks

Listing courtesy of Alikhver Realty.