16701 Front Beach Road #1505, Panama City Beach, FL 32413
Local realty services provided by:Better Homes and Gardens Real Estate Historic
16701 Front Beach Road #1505,Panama City Beach, FL 32413
$387,500
- 1 Beds
- 2 Baths
- - sq. ft.
- Condominium
- Sold
Listed by: mark oberg
Office: berkshire hathaway homeservices beach properties of florida
MLS#:778578
Source:FL_BCMLS
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Price summary
- Price:$387,500
About this home
Prime 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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Home facts
- Year built:2008
- Listing ID #:778578
- Added:460 day(s) ago
- Updated:April 15, 2026 at 06:35 AM
Rooms and interior
- Bedrooms:1
- Total bathrooms:2
- Full bathrooms:2
- Rooms Total:7
- Dining Description:SmartThermostat
- Bathrooms Description:SmartThermostat
- Kitchen Description:Electric Range, Electric Water Heater
- Bedroom Description:SmartThermostat
Heating and cooling
- Cooling:CeilingFans, CentralAir
- Heating:Central, Electric, Heat Pump
- Central air:Yes
Structure and exterior
- Roof:Flat, Membrane
- Year built:2008
- Architectural Style:High Rise
- Construction Materials:Steel Frame, Stucco
- Exterior Features:Balcony
- Foundation Description:Pillar/Post/Pier
Schools
- High school:Arnold
- Middle school:Surfside
- Elementary school:Hutchison Beach
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$387,500
- Tax amount:$4,220 (2025)
Features and amenities
- Laundry features:Washer Dryer Stacked
- Amenities:CarbonMonoxideDetectors, DoublePaneWindows, ElectricRange, ElectricWaterHeater, FireAlarm, FireSprinklerSystem, Picnic Area, SmartThermostat, WasherDryerStacked
- Pool features:Community, InGround, Salt Water
Parking
- Parking description:Community Structure, Paved
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