This beautifully maintained 3-bedroom, 3-bathroom corner condo in the iconic Edgewater Beach Resort is a rare find-priced significantly lower than similar units in the community. Never rented and lightly used as a second home, this fully furnished turnkey ready property is ready to generate strong rental income or serve as your private beachfront retreat. With rental projections of $85,000, this condo has a 9.1% projected rate of return calculated by AirDNA. Located on the 6th floor, this spacious end unit offers 1,847 square feet of open living space and breathtaking, unobstructed Gulf views. The expansive wraparound balcony sports a 180 degree view of the beach. Two bedrooms, along with the living and dining areas, open to the balcony through five tinted sliding glass doors, blending indoor comfort with outdoor beauty. Inside, the open-concept layout is bright and airy, perfect for entertaining or relaxing. The unit comes fully furnished, making it ideal for short-term rentals with immediate income potential or personal use. Edgewater Beach Resort is Panama City Beach's only full-service resort, featuring gated access and 24-hour security, direct beach access, multiple pools with cabanas, hot tubs, a fitness center, golf course, tennis and pickleball courts, as well as on-site dining, BBQ areas, picnic spots, elevators, and upgraded fire safety systems. Whether you're seeking a high-performing rental or a luxurious second home, this condo offers exceptional value in one of the most sought-after beachfront communities on the Emerald Coast.
Property Features
Bedrooms
- Bedrooms: 3
- Primary Bedroom Dimensions: 20' x 14'
- Bedroom 1 Dimensions: 14' x 12'
- Bedroom 2 Dimensions: 14' x 13'
- Primary Bedroom Level: First
- Bedroom 1 Level: First
- Bedroom 2 Level: First
- Primary Bedroom Description: Door to Balcony
- Bedroom 2 Description: Door to Balcony
Other Rooms
- Total Rooms: 5
- Living Room Dimensions: 15' x 14'
- Living Room Level: First
- Living Room Description: Gulf View
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Interior Features
- BreakfastBar
- Pantry
- RecessedLighting
- WindowTreatments
- Window Features: DoublePaneWindows, TintedWindows
Appliances
- Dryer
- Dishwasher
- Freezer
- Microwave
- Refrigerator
- Washer
Heating and Cooling
- Cooling Features: CentralAir, CeilingFans
- Heating Features: Central, Electric
- Heating: Yes
- Ceiling Fans: Yes
Kitchen and Dining
- Dining Room Description: Gulf View
- Dining Room Dimensions: 11' x 10'
- Dining Room Level: First
Exterior and Lot Features
- Balcony
- Fencing: ChainLink
- Other Structures: Cabana
- Patio And Porch Features: Balcony
- Road Frontage Type: CityStreet, DeededAccess
- Road Responsibility: PublicMaintainedRoad
Pool and Spa
- Pool Features: InGround, Community
- Spa Features: Community
Waterfront and Water Access
- Gulf
- ShorelineSand
- Waterfront
Manufactured and Mobile Info
Land Info
- Lot Description: Landscaped, Waterfront
Garage and Parking
- Parking Features: ParkingLot, Gated
Home Features
- View: Gulf
- Security Features: BuildingSecurity, FireSprinklerSystem, GatedWithGuard, TwentyFourHourSecurity, FireAlarm, SecurityGate, SecurityService
Homeowners Association
- Association: Yes
- Association Amenities: BeachRights, BeachAccess, Gated, Gazebo, Barbecue, SpaHotTub
- Association Fee Includes: Clubhouse, FitnessFacility, Golf, MaintenanceGrounds, MaintenanceStructure, Playground, Pools, RecreationFacilities, Security, TennisCourts, Trash
School Information
- Elementary School: Hutchison Beach
- High School: Arnold
- Middle School: Surfside
Rental Info
- Units Furnished: AllUnits
Amenities and Community Features
- Community Features: Barbecue, Beach, Elevator, FitnessCenter, Golf, Gated, Playground, Park, Pool, Shopping, TennisCourts, Waterfront, ShortTermRentalAllowed
Other Property Info
- Source Listing Status: Active
- County: Bay
- Directions: From US HWY 98 turn south on Richard Jackson Blvd. Drive south and cross Front Beach Rd. The entrance is through the guard shack on the right. Tower III is the first tower on the left.
- Restrictions: ShortTermRentalsAllowed
- Source Property Type: Residential
- Area: 03 - Bay County - Beach
- List Development Name: Edgewater
- Property Subtype: condo
- MLS Area Minor: 0318 - Beach - Central South
- Source Neighborhood: Edgewater Tower III
- Parcel Number: 34800-422-000
- Postal City: Panama City Beach
- Property Location: Within 1/2 Mile to Water, Dedicated Beach, Deeded Access, Landscaped, Waterfront, Near Beach Access
- State Region: FL
- Subdivision: Edgewater Tower III
- Property Subtype: Condominium
Building and Construction
- Year Built: 1990
- Building Area Total: 1847
- Living Area Source: Appraiser
- Property Age: 35
- Levels or Stories: 12
- Architectural Style: HighRise
Utilities
- Sewer: PublicSewer
- CableConnected
- ElectricityAvailable
- HighSpeedInternetAvailable
- TrashCollection
