Top Floor Unit, ALL Assessments Paid | Rentals Transferable | Possible Owner Financing. Don't miss this rare opportunity at Beachfront Ambassador Condominiums - where the Gulf of America is your backyard. This beautifully maintained 1-bedroom, 1-bath unit is fully turnkey and primed for both personal enjoyment and strong rental income. Highlights: Possible Owner Financing. All Assessments Paid in Full Active Rentals Can Transfer to New Owner Pet-Friendly Building - A major bonus for renters and owners alike Rental & Income Details: Current property management by Kara Percy, only 10% management fee. Gross income potential: $40,000-$60,000 annually. Pets generate additional income opportunities. Property Features: Direct beachfront location with unobstructed Gulf views. Bright, coastal-style interior with open living and dining area. Fully equipped kitchen for convenient in-unit cooking. Comfortable sleeping arrangements for guests. Updated bath with modern finishes. Designed for short-term rentals - turnkey and ready to earn. Location & Lifestyle: Walk to Pier Park, shopping, dining, and entertainment. Close to family attractions, nightlife, and outdoor recreation. Easy access to Panama City Beach amenities. Why You'll Love It: This unit delivers everything - beachfront views, solid income potential, and owner flexibility. Whether you're looking for a profitable vacation rental, a second home, or a long-term investment, this one checks all the boxes.
Property Features
Other Rooms
- Total Rooms: 5
- Other Dimensions: 12' x 5'
- Other Level: First
- Other Features: Balcony
- LivingRoom Dimensions: 14' x 12'
- LivingRoom Level: First
- LivingRoom Description: 3rd Floor Unit
- Living Room Dimensions: 15' x 12'
- Living Room Level: First
- Living Room Description: 3rd Floor Unit
Appliances
Bedrooms
- Bedrooms: 1
- Primary Bedroom Dimensions: 17' x 12'
- 2nd Primary Bedroom Dimensions: 15' x 12'
- Primary Bedroom Level: First
- 2nd Primary Bedroom Level: First
- Primary Bedroom Description: 3rd Floor Unit
- 2nd Primary Bedroom Description: 3rd Floor Unit
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
- Bathroom 1 Dimensions: 8' x 5'
- Bathroom 1 Level: First
Heating and Cooling
- Cooling Features: CeilingFans
- Heating Features: Electric
- Heating: Yes
- Ceiling Fans: Yes
Interior Features
Kitchen and Dining
- Kitchen Dimensions: 8' x 5'
- Kitchen Level: First
Exterior and Lot Features
- Balcony
- Patio And Porch Features: Balcony
- Road Surface Type: Paved
Pool and Spa
- Pool Features: InGround, Community
Waterfront and Water Access
Manufactured and Mobile Info
Land Info
- Lot Description: Paved
- Lot Size Dimensions: CONDO
Garage and Parking
- Parking Features: ParkingLot
Home Features
Homeowners Association
- Association: Yes
- Association Amenities: BeachRights
- Association Fee Includes: CableTv, Internet, LegalAccounting, MaintenanceGrounds, PestControl, Pools, Sewer, Trash, Water
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, Pool, Waterfront, ShortTermRentalAllowed
Other Property Info
- Annual Tax Amount: 2195
- Source Listing Status: Active
- County: Bay
- Directions: 4/10 mile east of pier park on Front Beach Rd. Directly across the street from Schuckums Oyster Bar.
- Tax Year: 2024
- Restrictions: ShortTermRentalsAllowed
- Source Property Type: Residential
- Area: 03 - Bay County - Beach
- Property Subtype: condo
- MLS Area Minor: 0318 - Beach - Central South
- Source Neighborhood: Ambassador Beach Condo
- Parcel Number: 33778-184-000
- Postal City: Panama City Beach
- State Region: FL
- Subdivision: Ambassador Beach Condo
- Zoning Description: Resid Multi-Family
- Property Subtype: Condominium
Building and Construction
- Year Built: 1982
- Building Area Total: 474
- Building Features: Dumpster
- Levels: ThreeOrMore
- Living Area Source: Appraiser
- Property Age: 43
- Levels or Stories: 3
- Building Total Stories: 3
- Architectural Style: LowRise
Utilities
- ElectricityAvailable
- HighSpeedInternetAvailable