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Property
Beds
2
Full Baths
2
1/2 Baths
None
Year Built
2007
Sq.Footage
1,593
COMPLETELY REMODELED, RENOVATED, WITH ALL NEW FURNISHINGS AND MASSIVE RENTAL INCOME. Tidewater Beach Resort #1608 in Panama City Beach, Florida, is a highly desirable property with its spacious two-bedroom, two-bathroom layout with 1593 square feet and stunning balcony with panoramic views. The unit has been recently remodeled with custom furnishings, making it an attractive option for both owners and renters alike. Despite the owner's frequent use of the property, it still generates substantial rental income. With the potential to exceed $70,000 in gross rental income when fully booked, it's clear that this condo offers a significant return on investment. Even with heavy owner usage, it has consistently brought in impressive rental income, showcasing its appeal to vacationers. With heavy owner usage, the condo generated $38,723 in rental income in 2024 (the owner used this property as a second home, so the rental income could easily exceed $70,000 if fully booked). Situated in the middle of Tidewater, the condo boasts breathtaking views of the Emerald Coast's emerald waters. The amenities offered by Tidewater Beach Resort are top-notch, ensuring that guests have everything they need for a memorable stay. From multiple pools and hot tubs to a fitness center, game room, and even a movie theater, there's no shortage of entertainment options. Plus, the proximity to Pier Park, with its fireworks displays, adds an extra layer of excitement to the location. Overall, Tidewater Beach Resort #1608 is a true delight for both owners and guests. Its combination of luxury, convenience, and income potential makes it a standout property in Panama City Beach.
Features & Amenities
Interior
-
Other Interior Features
Breakfast Bar, Elevator
-
Total Bedrooms
2
-
Bathrooms
2
Area & Lot
-
Property Type
Residential
-
Architectural Style
N/A
Exterior
-
Garage
No
Financial
-
Sales Price
$634,000
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Location
County
Bay
Elementary School
Hutchinson Beach
Middle School
Surfside
High School
Arnold
Listing Courtesy of Mike Herring , Keller Williams Realty SRB
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Principal Broker
EugenePontecorvo
Call Eugene today to schedule a private showing.
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