Welcome to a rare gem in a distinctive, low-density beachfront building just steps from the sand and offering direct Gulf views. This beautifully appointed one-bedroom residence with an upstairs loft is thoughtfully designed for both a relaxing coastal retreat and a high-performing investment opportunity. The open-concept floor plan is filled with natural light and flows seamlessly to a private balcony, where you can enjoy breathtaking sunset views over the Gulf. The building's prime location is walkable to Pier Park, providing effortless access to premier shopping, dining, and entertainment. Currently operating as a self-managed vacation rental, the property demonstrates impressive income potential, having generated over $50,000 in the first nine months of this year. With its unbeatable proximity to the beach, desirable amenities, and exceptional walkability, this is a rare opportunity to own your own slice of paradise. Pet-friendly condominium! We charge a pet fee, which is great for extra income. We currently have 3 properties available in this condominium. While each unit is offered individually, there is also the option to purchase multiple units as a package for interested buyers. The owner is the listing agent and currently manages the property. Own your piece of paradise at an accessible price point.
Property Features
Bedrooms
- Bedrooms: 1
- Bedroom 1 Level: First
- Bedroom 1 Description: ground level
Other Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Appliances
- ElectricCooktop
- ElectricOven
- ElectricRange
- ElectricWaterHeater
Heating and Cooling
- Heating Features: Electric
- Heating: Yes
Pool and Spa
- Pool Features: InGround, Community
- Spa Features: Community
Waterfront and Water Access
Land Info
- Land Lease: No
- Lot Size Dimensions: 0x0
Manufactured and Mobile Info
Exterior and Lot Features
- Patio And Porch Features: Balcony
- Road Frontage Type: CityStreet
- Road Responsibility: PublicMaintainedRoad
Garage and Parking
Home Features
- View: Gulf
- Security Features: FireAlarm, SmokeDetectors
Homeowners Association
- Association: Yes
- Association Amenities: BeachRights, Barbecue, PicnicArea, SpaHotTub
- Senior Community: No
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, Fishing, LaundryFacilities, Park, Pool, Waterfront, CommunityPool, ShortTermRentalAllowed
Other Property Info
- Annual Tax Amount: 2811
- Source Listing Status: Active
- County: Bay
- Directions: FROM HWY 79 AND FRONT BEACH ROAD, TRAVEL EAST AND EAST OF PIER PARK
- 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: 33778-188-000
- 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: 417
- Building Features: Dumpster
- Living Area Source: Appraiser
- Property Age: 44
- Architectural Style: LowRise
Utilities
- Sewer: PublicSewer
- CableConnected
- ElectricityAvailable
- HighSpeedInternetAvailable