NOT LISTED FOR SALE

Estimated Value: $763,248

3 Beds
3 Baths
1,766 Sq Ft
1985 Built

Sale Details

Date Sold: December 19, 2025

Last sale price $799,000 $452 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $4,765 / mo

118 Days on Market

Highlights

  • Beach
  • Property fronts gulf or ocean
  • Loft
  • Golf Course Community
  • 24-Hour Security
  • Community Pool

About This Home

As of December 2025

PREMIER GULF-FRONT PENTHOUSE in Panama City Beach's ONLY Full-Service Resort! Discover the ultimate luxury beachfront living in this rare 3-bed, 3-bath, two-story penthouse at Edgewater Beach Resort—Panama City Beach's ONLY full-service resort. Offering unmatched amenities and an exceptional rental history, this premier penthouse is a one-of-a-kind investment opportunity. From the moment you enter, you're greeted by breathtaking, panoramic views of the Gulf through floor-to-ceiling windows in the dining room, living room, and upstairs bedroom. The expansive open floor plan ensures you enjoy the beauty of the coastline from every angle. Spanning 1,766 sq. ft. on the main level, plus an additional 400 sq. ft. upstairs bedroom with a 20x30 private rooftop terrace, this unit is perfect for luxury coastal living. The recently renovated kitchen features granite countertops, a spacious peninsula, white cabinetry, and stainless steel appliances. Each of the three bedrooms has its own private ensuite bath, offering comfort and convenience for owners and guests alike. The primary suite features a king bed, walk-in closet, and a spa-like walk-in shower. The second bedroom on the main level includes two twin beds, two closets, and a tub/shower combo. The upstairs penthouse suite boasts a queen bed, updated ensuite bath, dry bar with plumbing access, mini-fridge, and private access to the rooftop sun deck, perfect for soaking in the unrivaled Gulf views. This unit is fully updated with LVP flooring throughout, new sliding glass doors, two owner's closets, an exterior storage closet, and a wet bar with plumbing access. The HVAC system (2 years old) and private upstairs A/C unit (1 year old) ensure year-round comfort. The washer/dryer has its own dedicated space for added convenience. Premier Investment Opportunity - Annual Revenue This penthouse has generated up to $80K in annual rental income, with no nightly rates below $200 and a 4-night minimum stay. A loyal snowbird guest has booked for the past 4 years and would love to continue with the new owner. Currently managed by Southern Vacation Rentals, this unit is an established rental performer with high demand year-round. Unmatched Resort Amenities - The Best in Panama City Beach Edgewater Beach Resort is THE premier destination in Panama City Beach, offering the most extensive luxury amenities of any property on the Emerald Coast: 11 resort-style pools, including the iconic lagoon pool with waterfalls, HOA-owned private beach access with new pool cabanas, On-site fine dining at Oceans Bar & Grill & poolside bars, 9-hole golf course with pro shop & free annual cabana rental for owners, State-of-the-art fitness center, basketball & tennis courts, Expanding pickleball courts (3 now, growing to 12), On-site Starbucks market, retail shops, and ice cream parlor, Arcade, convenience market, and full-service spa, Electric car charging station & trailer parking inside the gated resort Exclusive Owner Perks: 20% discounts at all Edgewater restaurants & shops (extendable to family members), Complimentary beach chair rental annually, Owners can pass discounts to parents, grandparents, and children Prime Location in the Heart of Panama City Beach Situated in the most desirable location, Edgewater Beach Resort is steps away from Edgewater Shoppes, featuring: Fine dining, bowling, arcade, axe throwing, escape rooms & more, Salons, spas, golf cart & car rentals, Nearby access to charter fishing, kayak & pontoon rentals, dolphin tours, & top-rated attractions, Close proximity to Publix, Walmart, and more conveniences This one-of-a-kind penthouse is the perfect blend of luxury, investment potential, and unbeatable amenities. If you're looking for a high-performing rental, an upscale beachfront getaway, or both—THIS IS IT!

Last Agent to Sell the Property

Beth Mulvey

Beach House Sales and Development License #3390217 Listed on: 07/25/2025

Last Buyer's Agent

Danielle Kemp

CENTURY 21 Ryan Realty Inc License #SL3489531

CENTURY 21 Ryan Realty Inc
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Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,937

Year Built

  • Built in 1985

Parking

  • Parking Lot

Home Design

  • Entry on the 12th floor
  • Slab Foundation

Interior Spaces

  • Living Room
  • Dining Room
  • Loft
  • Security Gate

Kitchen

  • Electric Oven
  • Electric Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Balcony

Community Details

Overview

  • Property has a Home Owners Association
  • High-Rise Community
  • Edgewater Tower II Subdivision

Amenities

  • Business Center
  • Meeting Room
  • Elevator

Recreation

  • Beach
  • Golf Course Community
  • Community Spa

Security

  • 24-Hour Security

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,937

Year Built

Built in 1985

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Year Built: 1985
  • Property Sub Type: Condominium
  • Subdivision Name: Edgewater Tower II
  • Architectural Style: High Rise
  • Entry Level: 12
  • New Construction: No
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Appliances: Electric Oven, Electric Range, Electric Water Heater
  • Interior Amenities: Interior Steps, Loft
  • Spa Features: Community
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Dining Room Type: Bedroom, Dining Room, Kitchen, Loft, Living Room, Primary Bedroom

Exterior Features

  • Pool Features: Community
  • View: Gulf
  • View: Yes
  • Waterfront Features: Gulf
  • Waterfront: Yes
  • Construction Type: Concrete
  • Foundation Details: Slab
  • Patio And Porch Features: Balcony

Garage/Parking

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

Utilities

  • Security Features: Security Gate, Gated with Guard, 24 Hour Security, Security Service
  • Cooling: Central Air
  • Heating: Central
  • Green Building Features: Dumpster
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Community Features: Beach, Business Center, Conference/Meeting Room, Elevator, Fitness Center, Golf, Gated, Pool, Tennis Court(s), Waterfront, Community Pool, Short Term Rental Allowed
  • Association: Yes

Schools

  • Middle Or Junior School: Surfside

Lot Info

  • Land Lease: No
  • Mobile Dim Units: Feet
  • Zoning Description: Resid Multi-Family

Multi Family

  • Number Of Units Furnished: All Units

Tax Info

  • Tax Annual Amount: 6937.0
  • Tax Year: 2024

MLS Schools

  • Elementary School: Hutchison Beach
  • High School: Arnold

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2025
Closed on
Dec 19, 2025
Sold by
Bought by
Seller's Agent
Beth Mulvey
Beach House Sales and Development
Buyer's Agent
Danielle Kemp
CENTURY 21 Ryan Realty Inc
List Price
$849,000
Sold Price
$799,000
Premium/Discount to List
-$50,000
-5.89%
Views
24
Current Estimated Value
$763,248

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$35,752
Avg. Annual Appreciation
-6.51%
Original Mortgage
$620,000
Outstanding Balance
$617,390
Interest Rate
7.86%
Mortgage Type
Credit Line Revolving
Estimated Equity
$145,858

Purchase Details

Listed on
May 13, 2021
Closed on
Jun 11, 2021
Sold by
Bought by
Seller's Agent
Chad Miller
Miller & Associates Realty
Buyer's Agent
Scott Pope
Nautical Properties, LLC
List Price
$750,000
Sold Price
$750,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.41%

Purchase Details

Listed on
May 13, 2021
Closed on
Jun 8, 2021
Sold by
Bought by
Seller's Agent
Chad Miller
Miller & Associates Realty
Buyer's Agent
Scott Pope
Nautical Properties, LLC
List Price
$750,000
Sold Price
$750,000

Purchase Details

Closed on
Nov 28, 2016
Sold by
Bought by

Purchase Details

Closed on
Jul 19, 2004
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$799,000 Omega National Title Agency
$100 None Listed On Document
$750,000 Diamond Title Agency Inc
-- Accommodation
-- Attorney
$565,000 Diamond Title Agency Inc
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $620,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/19/2025 12/19/25 Sold $799,000 -3.1% $452 / Sq Ft
11/20/2025 11/20/25 Pending -- -- --
08/20/2025 08/20/25 Price Changed $824,900 -2.8% $467 / Sq Ft
07/25/2025 07/25/25 For Sale $849,000 +13.2% $481 / Sq Ft
06/20/2022 06/20/22 Off Market $750,000 -- --
06/11/2021 06/11/21 Sold $750,000 0.0% $425 / Sq Ft View Prior Sale
05/11/2021 05/11/21 For Sale $750,000 -- $425 / Sq Ft
Source: Central Panhandle Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $6,937 $540,539 $540,539
2024 $8,367 $531,250 $531,250
2023 $8,367 $637,758 $0 $697,000
2022 $6,576 $579,780 $0 $579,780
2021 $4,476 $361,250 $0 $361,250
2020 $4,235 $361,250 $0 $361,250
2019 $3,782 $317,730 $0 $317,730
2018 $3,489 $283,688 $0 $0
2017 $3,153 $276,250 $0 $0
2016 $3,284 $271,069 $0 $0
2015 $3,100 $246,426 $0 $0
2014 $2,675 $224,024 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 776730

Central Panhandle Association of REALTORS®

APN: 34800-338-000

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