This unique, turn-key offering in a highly desirable location features a flexible, combined condo/townhome setup, configured as two completely separate rental units with independent access, maximizing occupancy and generating significant income. Available to rent separately or combined for maximum daily rates. Unit 317 has 1 bedroom and a loft plus a sleeper sofa to host up to 6 guests. There are granite countertops, updated stainless steel appliances, gorgeous tiled shower, and tile floors throughout. The loft features a reading nook with a bird's eye view of the Gulf. Unit 321 is an efficiency with a loft that is able to accommodate 4 guests. This unit also has granite countertops in the efficiency kitchen, tiled shower, and tile and wood laminate floors. This unit also offers amazing Gulf views. The connecting door has been sealed. The property has a pet friendly policy which expands the rental pool. Both properties combined generated a rental revenue of over $110,000. *The HOA fee listed is the total for both units.
Property Features
Other Rooms
- Total Rooms: 11
- Other Dimensions: 11' x 5'
- Other Level: First
- Other Description: Unit 321
- Other Features: Balcony
- Other Dimensions: 11' x 4.7'
- Other Description: Unit 317
- BonusRoom Dimensions: 6' x 5'
- BonusRoom Level: Second
- BonusRoom Description: Unit 317
- Loft Dimensions: 12' x 10'
- Loft Level: Second
- Loft Description: Unit 317
- Loft: Yes
- Living Room Dimensions: 11' x 14'
- Loft Dimensions: 16' x 9'
- Living Room Level: First
- Loft Level: Second
- Living Room Description: Unit 317
- Loft Description: Unit 321
Appliances
Bedrooms
- Bedrooms: 2
- Bedroom 1 Dimensions: 11' x 11'
- Bedroom 2 Dimensions: 11.7' x 11'
- Bedroom 1 Level: First
- Bedroom 2 Level: First
- Bedroom 1 Description: Unit 321
- Bedroom 2 Description: Unit 317
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Bathroom 1 Dimensions: 7' x 5'
- Bathroom 1 Level: First
- Bathroom 1 Description: Unit 321
Interior Features
- Loft
- Window Features: DoublePaneWindows
Heating and Cooling
- Cooling Features: CentralAir
- Heating Features: Central, Electric
- Heating: Yes
Kitchen and Dining
- Kitchen Description: Unit 321
- Kitchen Dimensions: 6.3' x 11.4'
- Kitchen Level: First
- 2nd Kitchen Description: Unit 317
- 2nd Kitchen Dimensions: 6' x 14'
- 2nd Kitchen Level: First
Pool and Spa
- Pool Features: InGround, Community
Waterfront and Water Access
Exterior and Lot Features
- Fencing: Privacy
- Patio And Porch Features: Balcony
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
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: 2596
- 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: 33778-192-000
- Postal City: Panama City Beach
- State Region: FL
- Subdivision: Ambassador Beach Condo
- Zoning Description: Resid Single Family
- Property Subtype: Condominium
Building and Construction
- Year Built: 1982
- Building Area Total: 667
- Building Features: Dumpster
- Levels: ThreeOrMore
- Living Area Source: Appraiser
- Property Age: 43
- Levels or Stories: 3
- Building Total Stories: 3
- Architectural Style: LowRise
Utilities
- Sewer: PublicSewer
- ElectricityAvailable
- HighSpeedInternetAvailable