$445,000
SOLD JUL 8, 2025
2 Beds
2 Baths
1,055 Sq Ft
1985 Built

Recently Sold

$422 Per Sq Ft

6% Below List Price

49 Days on Market

Highlights

  • Beach
  • 24-Hour Security
  • Gulf View
  • Deeded access to the beach
  • In Ground Pool
  • Clubhouse

About This Home

As of July 2025

HURRY....A STEAL FOR THIS POPULAR EDGEWATER TOWER 2 BEACH FRONT CONDO... PRICE POINT REFLECTS EQUITY FOR UPDATES.....Uncover the charm of coastal living in this charming 2-bedroom, 2-bath beachfront condo at Edgewater Tower 2 in Panama City Beach, FL. This cozy unit boasts a spacious kitchen, perfect for whipping up seaside delicacies, with the potential for some modern updates to maximize its rental revenue. Embrace the laid-back beach lifestyle and imagine the endless possibilities for relaxation and enjoyment at your doorstep. Don't miss this opportunity to elevate your rental income and embrace beachfront living at its finest! Exclusive amenities include 11,800 sq.ft. lagoon Pool with waterfalls & tropical landscaping, 9 heated pools(seasonal), 4 hot tubs, Peak Season Pool side activities/live music, Pizza Shack, Ocean's full service restaurant & bar, Edgie's/Starbucks Coffee Shop/Ice Cream Parlor, Spa, Fitness Center, Pro Shop, Executive 9 hole Golf Course, & 11 lighted Tennis/Basketball courts. Free Access to Sports Courts and Fitness Center. Equipment Rental and 9 Hole Golf Course are additional cost.

Last Agent to Sell the Property

Sassy French

Keller Williams Success Realty License #SL3401216 Listed on: 04/18/2025

Keller Williams Success Realty

Last Buyer's Agent

Bri Bowhall

Foundation Real Estate Agency LLC License #SL3512353

Foundation Real Estate Agency LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,043

Year Built

  • Built in 1985

Home Design

  • Flat Roof Shape

Interior Spaces

  • Ceiling Fan
  • Stacked Washer and Dryer

Kitchen

  • Electric Oven
  • Electric Cooktop

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Home Security

  • Security Lights
  • Security Gate

Parking

  • Paved 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
  • Electric Water Heater
  • High Speed Internet

Community Details

Overview

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

Amenities

  • Clubhouse
  • Game Room
  • Business Center
  • Elevator

Recreation

  • Beach
  • Community Pool

Security

  • 24-Hour Security
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,043

Year Built

Built in 1985

Lot Details

0

Listing Details

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

Interior Features

  • Appliances: Washer/Dryer Stacked, Electric Cooktop, Electric Oven, Electric Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Dining Room Type: Bedroom

Exterior Features

  • Pool Features: In Ground, Community
  • View: Gulf
  • View: Yes
  • Waterfront Features: Shoreline - Sand
  • Waterfront: Yes
  • Patio And Porch Features: Balcony
  • Roof: Flat

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Beach, Business Center, Clubhouse, Elevator, Fitness Center, Game Room, Pool, Tennis Court(s), Waterfront, Gated, Short Term Rental Allowed
  • Amenities: Beach Rights, Gated, Spa/Hot Tub
  • Association: Yes

Schools

  • Middle Or Junior School: Surfside

Lot Info

  • Lot Features: Paved
  • Mobile Dim Units: Feet
  • Zoning Description: City

Multi Family

  • Number Of Units Furnished: All Units

Tax Info

  • Tax Annual Amount: 5043.0
  • Tax Year: 2024

MLS Schools

  • Elementary School: Hutchison Beach
  • High School: Arnold

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2025
Closed on
Jul 8, 2025
Sold by
Rausch Steven L and Rausch Lorie J
Bought by
Hart Jonathan and Hart Kayleigh
Seller's Agent
Sassy French
Keller Williams Success Realty
Buyer's Agent
Bri Bowhall
Foundation Real Estate Agency LLC
List Price
$475,000
Sold Price
$445,000
Premium/Discount to List
-$30,000
-6.32%
Views
115
Current Estimated Value
$447,951

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,951
Avg. Annual Appreciation
1.45%
Original Mortgage
$364,900
Outstanding Balance
$364,287
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$83,664

Purchase Details

Closed on
Jan 18, 2001
Sold by
Strange Carl L
Bought by
Spencer Richard and Spencer Rosha H
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $445,000 South Oak Title
Warranty Deed $445,000 South Oak Title
Warranty Deed $229,500 Lawyers Title Agency Of Nort
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $364,900 New Conventional
Closed $364,900 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/08/2025 07/08/25 Sold $445,000 -1.1% $422 / Sq Ft
06/06/2025 06/06/25 Pending -- -- --
06/05/2025 06/05/25 Price Changed $450,000 -2.2% $427 / Sq Ft
05/11/2025 05/11/25 Price Changed $460,000 -3.2% $436 / Sq Ft
04/18/2025 04/18/25 For Sale $475,000 -- $450 / Sq Ft
Source: Central Panhandle Association of REALTORS®

Tax History Compared to Growth

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 $4,756 $337,709 -- --
2023 $4,756 $307,008 $0 $433,500
2022 $3,743 $279,098 $0 $0
2021 $3,201 $253,725 $0 $253,725
2020 $3,103 $253,725 $0 $253,725
2019 $2,896 $238,000 $0 $238,000
2018 $2,754 $221,000 $0 $0
2017 $2,489 $212,012 $0 $0
2016 $2,240 $192,738 $0 $0
2015 $2,309 $192,738 $0 $0
2014 $2,188 $182,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 772136

Central Panhandle Association of REALTORS®

APN: 34800-280-000