Amazing Gulf views with unobstructed sunrises and sunsets from the oversized balcony of this well maintained PENTHOUSE level 4 bedroom/4 bath condo in Ocean Ritz! With $93k in rentals for 2023 and $78k in 2024, this unit has proven historical income that you can depend on from day one! This unit features RARE 10' ceilings and 8' doors that lower floor units don't offer, along with TWO Gulf Front Master bedrooms, all leading out to the huge covered balcony! The unit also has a deeded/assigned garage parking space. Ocean Ritz is a low density building just minutes from Pier Park and a short drive to Scenic 30a, this unit would make a great second home or rental property that the family can enjoy while generating strong income to offset expenses! Schedule your showing today!
Property Features
Bedrooms
- Bedrooms: 4
- Primary Bedroom Dimensions: 16' x 11'
- 2nd Primary Bedroom Dimensions: 16' x 11'
- Bedroom 1 Dimensions: 12' x 11'
- Bedroom 2 Dimensions: 12' x 11'
- Primary Bedroom Level: First
- 2nd Primary Bedroom Level: First
- Bedroom 1 Level: First
- Bedroom 2 Level: First
- Primary Bedroom Description: Gulf Front
- 2nd Primary Bedroom Description: Gulf Front
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Interior Features
- TrayCeilings
- Door Features: StormDoors
Heating and Cooling
- Cooling Features: CentralAir, CeilingFans, Electric
- Heating Features: Central, Electric
- Heating: Yes
- Ceiling Fans: Yes
Kitchen and Dining
- Dining Room Description: Dining / Living Room Combo
- Dining Room Dimensions: 37' x 15'
- Dining Room Level: First
- Kitchen Dimensions: 10' x 8'
- Kitchen Level: First
Pool and Spa
- Pool Features: Pool, Community
- Spa Features: Community
Waterfront and Water Access
Exterior and Lot Features
- Patio And Porch Features: Covered, Patio
- Patio: Yes
Garage and Parking
- Garage Spaces: 1
- Parking Features: AdditionalParking, Assigned, Deeded
Land Info
- Lot Size Dimensions: 187 x 137
Home Features
Homeowners Association
- Association: Yes
- Association Amenities: BeachRights
- Association Fee: 1075
- Association Fee Frequency: Monthly
- Association Fee Includes: AssociationManagement, CableTv, Insurance, Internet, LegalAccounting, MaintenanceGrounds, MaintenanceStructure, RecreationFacilities, Sewer, Trash, Water
- Calculated Total Monthly Association Fees: 1075
- Association Name: Virtuous Managment
School Information
- Elementary School: Hutchison Beach
- High School: Arnold
- Middle School: Surfside
Amenities and Community Features
- Community Features: Barbecue, Sauna, ShortTermRentalAllowed, Pool
Other Property Info
- Annual Tax Amount: 9641
- Source Listing Status: Active
- County: Bay
- Directions: From the intersection of Front Beach Road and Middle Beach Road (by the old Walmart), it is about 1/2 mile on your left.
- Tax Year: 2024
- Source Property Type: Residential
- Area: 03 - Bay County - Beach
- Property Subtype: condo
- MLS Area Minor: 0318 - Beach - Central South
- Source Neighborhood: Ocean Ritz
- Parcel Number: 40000-250-052
- Postal City: Panama City Beach
- Property Location: Dedicated Beach,Deeded Access
- Subdivision: Ocean Ritz
- Property Subtype: Condominium
Building and Construction
- Total Square Feet Living: 1637
- Year Built: 2006
- Entry Level: 20
- Living Area Source: Appraiser
- Property Age: 19
- Architectural Style: HighRise
Utilities
