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16701 Front Beach Rd Unit 1703, Panama City Beach, FL, 32413

$399,500

Home List Price

$4,744*

Closing Credit

1 Bedroom
2 Full Baths
914 SqFt
$437/SqFt
Condo

Location

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16701 Front Beach Rd Unit 1703, Panama City Beach$399,500

Buyer Closing Credits

$4,744*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingGarage
Garage1 space
Year Built2008
HeatingElectric
CoolingCentral Air, Ceiling Fan(s), Electric
WaterfrontGulf, Waterfront
ViewGulf
MLS #741489
StatusAccepting Backup Offers
(Active Under Contract)

About 16701 Front Beach Rd Unit 1703

DRASTIC PRICE REDUCTION...please don't let this pass by. Speaking of Location, this is the one! Walking distance to Pier Park, Dusty's Oyster Bar etc. Great location for all of the great restaurants and amenities of Pier Park. This is a one bedroom 2 bath with a bunk on the hallway. Furnitures are newer. Great income producing. Earned $44K TTM (trailing 12 months) gross revenue (287 guest nights/13 owner nights booked);2021 - $43.8K gross revenue (289 guest nights booked)2022 - $43.5K gross revenue (265 guest nights booked)2023 - $36K gross revenue so far (302 guest nights booked so far)

Property Details

Property Features

Property Information:

  • Architectural Style: High Rise
  • Year Built: 2008
  • Living Area: 914 SqFt

Listing Office:

  • Office Name: Better Homes and Gardens Coast Properties

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Electric Cooktop, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Interior: Breakfast Bar

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Waterfront: Gulf, Waterfront
  • View: Gulf
  • Exterior: Built-in Barbecue, Balcony, Pool

Parking Information:

  • Garage Space: 1 space
  • Parking: Garage

Lot Features

Lot Information:

  • Lot: Waterfront

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Central Air, Ceiling Fan(s), Electric

Other

Directions Information:

  • Directions: Sterling breeze is located on Front Beach Rd. , less than 1/2 mile west of Pier Park.

Price Information

Listing Price Info

Price Summary:

  • List Price: $399,500
  • Price Per SqFt: $437/SqFt

HOA Fees:

  • Amount: $845
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $2,872
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Panama City Beach, FL.

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Panama City Beach, FL

City

Med. Sold Price

$464.7K

Med. Price/SqFt

$328

Avg. Days On Market

104

# of Sold Homes

129

16701 Front Beach Rd Unit 1703 vs Panama City Beach

556 DAYS ON ROCKET

+452 Days

$399,500

-$65.2K Less

$437/SqFt

+$108 More

KEY TAKEAWAY

This property is $65.2K less than the Median Sold Price and $108/SqFt more than other homes in Panama City Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BCAR
  • MLS Number: #741489

Listing Office:

  • Office Name: Better Homes and Gardens Coast Properties

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange program of Central Panhandle Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Properties subject to prior sale, change, withdrawal or rental. Copyright© 2024 Central Panhandle Association of REALTORS.© All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/22/2024, 6:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 24, 2019Home Sold
$250,000
Feb 05, 2018Home Sold
$225,000
Aug 26, 2013Home Sold
$189,900
Oct 08, 2008Home Sold
$235,000

Tax History

YEARPROP. TAXASSESSMENT
2020$2,872$231,200
2018$2,343$187,425
2017$2,139$187,000

History based on county public records data.

Payment Calculator

$2,906

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,264

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-701489
5
/10

  • Hutchison Beach Elementary School

  • 12900 Hutchison Blvd

  • 3.15 miles

  • Public District Grades KG-5

school-card-donut-701490
7
/10

  • West Bay Elementary School

  • 14813 School Dr

  • 5.06 miles

  • Public District Grades KG-5

school-card-donut-701491
7
/10

  • Patronis Elementary School

  • 7400 Patronis Dr

  • 7.95 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $45,887. The majority of Panama City Beach, FL residents have income between $35k-100k annually. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 16701 Front Beach Rd Unit 1703

What is the listing price of this property?

The listing price of 16701 Front Beach Rd Unit 1703 property is $399,500.

What type of property is this?

The property 16701 Front Beach Rd Unit 1703 is a condo located in Panama City Beach, Florida, 32413.

Is this property for sale now?

Accepting Backup Offers: 16701 Front Beach Rd Unit 1703 is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,872 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on October 24, 2019 for $250,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 16701 Front Beach Rd Unit 1703 has 1 bedroom and 2 bathrooms.

What is the square footage of this property?

The property 16701 Front Beach Rd Unit 1703 is 914 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 16701 Front Beach Rd Unit 1703 is 2008.

Rocket Homes›Florida›Bay County›Panama City Beach›32413›16701 Front Beach Rd Unit 1703

This home is located at 16701 Front Beach Rd Unit 1703 in Panama City Beach, FL and zip code 32413. This 914 square foot home was built in 2008. Features: 1 bedroom, 2 bathrooms. It has been listed on Rocket Homes since May 16, 2023 and is currently priced at $399,500.

In October 2024 more than 5 listings in Panama City Beach, FL were sold above the asking price. During the same period more than 25 listings were sold at asking price, while more than 99 were sold below. The number of homes for sale in Panama City Beach, FL increased by 0.4% between September 2024 and October 2024. While the average time on the market in October 2024 was 104 days, the median list price was $464,783.

From Rocket Homes Real Estate and based on county public records data.

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