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$460,000

$465,000 1.1%

Est. payment - /mo

1 Bed

2 Baths

1,074 SqFt

Sold on 12/13/2022

15928 Front Beach Road #404 Panama City Beach, FL 32413

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Brian Burgett

Broker | License ID: e30470

+1(515) 473-0962

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UPDATED:

Key Details

Sold Price $460,000

Property Type Condo

Sub Type Condominium

Listing Status Sold

Purchase Type For Sale

Square Footage 1,074 sqft

Price per Sqft $428

Subdivision Calypso Resort & Towers Iii

MLS Listing ID 903218

Bedrooms 1

Full Baths 2

HOA Fees $627/mo

Year Built 2020

Annual Tax Amount $43

Tax Year 2021

Property Sub-Type Condominium

Property Description

If you're looking for one of the highest cap rate investment returns along the Emerald Coast, you've found it! With $62K in gross rentals, this coastal gem generating a 12% cap rate in Calypso Towers III makes a compelling vacation rental investment property. Located on the 4th floor in PCB's newest high rise, this unit offers amazing gulf views and the ultimate in modern luxury. The largest 1B/2B plan with 1,074 square feet has incredible gulf views from both the master and living areas. This turnkey, fully furnished unit is the lowest priced and best value unit in this prime Front Beach Rd location. A well-appointed kitchen with upgraded appliance package overlooks a spacious, light-filled living room with queen sleeper sofa.

Location

State FL

County Bay

Area 27 - Bay County

Rooms

Kitchen First

Exterior

Exterior Feature Balcony, Cabana, Hot Tub, Patio Covered, Pool - Heated, Pool - In-Ground, Separate Living Area

Parking Features Garage

Pool Community

Community Features BBQ Pit/Grill, Beach, Deed Access, Elevators, Exercise Room, TV Cable

Utilities Available Electric, Public Sewer, Public Water, TV Cable

Waterfront Description Gulf

View Gulf

Building

Water Gulf

Structure Type Roof Tile/Slate,Stucco

Schools

Elementary Schools Hutchinson Beach

Others

Assessment Amount $627

Listed by Corcoran Reverie SRB
Bought with Coldwell Banker Carroll Realty

GET MORE INFORMATION

Brian Burgett

Broker | License ID: e30470

+1(515) 473-0962

15928 Front Beach Road #404 Panama City Beach, FL 32413

Key Details

Location

Rooms

Exterior

Building

Schools

Others

GET MORE INFORMATION

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15928 Front Beach Road #404