$460,000
$465,000
1.1%For more information regarding the value of a property, please contact us for a free consultation.
15928 Front Beach Road #404 Panama City Beach, FL 32413
1 Bed
2 Baths
1,074 SqFt
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
Sold Date 12/13/22
Bedrooms 1
Full Baths 2
Construction Status Construction Complete
HOA Fees $627/mo
HOA Y/N Yes
Year Built 2020
Annual Tax Amount $43
Tax Year 2021
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
Guest Accommodations BBQ Pit/Grill,Beach,Deed Access,Elevators,Exercise Room,TV Cable
Kitchen First
Interior
Interior Features Breakfast Bar, Ceiling Crwn Molding, Elevator, Floor Tile, Furnished - All, Lighting Recessed, Pantry, Washer/Dryer Hookup, Window Treatment All
Appliance Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Smoke Detector, Stove/Oven Electric, Washer
Exterior
Exterior Feature Balcony, Cabana, Hot Tub, Patio Covered, Pool - Heated, Pool - In-Ground, Separate Living Area
Garage 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
Private Pool Yes
Building
Water Gulf
Structure Type Roof Tile/Slate,Stucco
Construction Status Construction Complete
Schools
Elementary Schools Hutchinson Beach
Others
HOA Fee Include Accounting,Ground Keeping,Internet Service,Master Association,Recreational Faclty,Security,Sewer,Trash,TV Cable,Water
Assessment Amount $627
Energy Description AC - Central Elect,Ceiling Fans,Heat Cntrl Electric,Water Heater - Tnkls
Financing Conventional
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Bought with Coldwell Banker Carroll Realty