$899,000
$26K PRICE DROP

11347 Front Beach Rd Unit Tower III Unit 601 Panama City Beach, FL 32407

Estimated payment $5,476/month

Total Views 123
3 Beds
3 Baths
1,847 Sq Ft
$487 Price per Sq Ft

Highlights

  • Beach
  • Golf Course Community
  • Deeded access to the beach
  • J.R. Arnold High School Rated A-
  • Property fronts gulf or ocean
  • 24-Hour Security

About This Home

SELLER NOW OFFERING $25,000 IN SELLER CONCESSIONS!!! Use this towards closing cost, replacing the flooring or whatever else you can think of. 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.

Listing Agent

Colleen ONeill

The Premier Property Group Seacrest Office License #3536203 Listed on: 05/22/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,287

Year Built

  • Built in 1990

Lot Details

  • Property fronts gulf or ocean
  • Landscaped

Interior Spaces

  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Tinted Windows
  • Window Treatments
  • Living Room
  • Dining Room
  • Gulf Views
  • Security Gate

Kitchen

  • Breakfast Bar
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Gated Parking
  • Parking Lot

Outdoor Features

  • In Ground Pool
  • Deeded access to the beach
  • Balcony

Schools

  • Hutchison Beach Elementary School
  • Surfside Middle School
  • Arnold High School

Utilities

  • Central Heating and Cooling System
  • High Speed Internet

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include clubhouse, fitness facility, golf, ground maintenance, maintenance structure, playground, pool(s), recreation facilities, security, tennis courts, trash
  • High-Rise Condominium
  • Edgewater Tower III Subdivision
  • 12-Story Property

Amenities

  • Community Barbecue Grill
  • Elevator

Recreation

  • Beach
  • Golf Course Community
  • Tennis Courts
  • Community Playground
  • Community Pool
  • Community Spa
  • Park

Security

  • 24-Hour Security
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,287

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1990
  • Property Sub Type: Condominium
  • Lot Size: NA
  • Road Frontage Type: City Street, Deeded Access
  • Subdivision Name: Edgewater Tower III
  • Architectural Style: High Rise
  • New Construction: No
  • Building Stories: 12
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 12

Interior Features

  • Appliances: Dryer, Dishwasher, Freezer, Microwave, Refrigerator, Washer
  • Interior Amenities: Breakfast Bar, Pantry, Recessed Lighting, Window Treatments
  • Spa Features: Community
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Dining Room Type: Bedroom, Dining Room, Living Room, Primary Bedroom
  • Stories: 12
  • Window Features: Double Pane Windows, Tinted Windows

Exterior Features

  • Pool Features: In Ground, Community
  • Fencing: Chain Link
  • View: Gulf
  • View: Yes
  • Waterfront Features: Gulf, Shoreline - Sand, Waterfront
  • Waterfront: Yes
  • Exterior Features: Balcony
  • Patio And Porch Features: Balcony

Garage/Parking

  • Parking Features: Parking Lot, Gated
  • Garage: No
  • Attached Garage: No

Utilities

  • Utilities: Cable Connected, Electricity Available, High Speed Internet Available, Trash Collection
  • Security Features: Building Security, Fire Sprinkler System, Gated with Guard, 24 Hour Security, Fire Alarm, Security Gate, Security Service
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Community Features: Barbecue, Beach, Elevator, Fitness Center, Golf, Gated, Playground, Park, Pool, Shopping, Tennis Court(s), Waterfront
  • Amenities: Beach Rights, Beach Access, Gated, Gazebo, Barbecue, Spa/Hot Tub
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Clubhouse, Fitness Facility, Golf, Maintenance Grounds, Maintenance Structure, Playground, Pool(s), Recreation Facilities, Security, Tennis Courts, Trash

Schools

  • Middle Or Junior School: Surfside

Lot Info

  • Lot Features: Landscaped, Waterfront
  • Mobile Dim Units: Feet

Multi Family

  • Number Of Units Furnished: All Units

MLS Schools

  • Elementary School: Hutchison Beach
  • High School: Arnold

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $8,287 $622,243 -- --
2023 $8,287 $722,500 $0 $722,500
2022 $7,194 $514,250 $0 $0
2021 $5,738 $467,500 $0 $467,500
2020 $5,465 $467,500 $0 $467,500
2019 $4,908 $412,250 $0 $412,250
2018 $4,703 $385,900 $0 $0
2017 $4,507 $397,375 $0 $0
2016 $4,219 $365,500 $0 $0
2015 $4,491 $355,548 $0 $0
2014 $3,846 $323,225 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/14/2025 07/14/25 Price Changed $899,000 -2.8% $487 / Sq Ft
05/23/2025 05/23/25 For Sale $925,000 -- $501 / Sq Ft
Source: Central Panhandle Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Attorney
Source: Public Records

Source: Central Panhandle Association of REALTORS®

MLS Number: 773867

Central Panhandle Association of REALTORS®

APN: 34800-422-000