$659,000
UNDER CONTRACT $20K PRICE DROP

Estimated payment $5,943/month

Total Views 1,122
2 Beds
2 Baths
1,366 Sq Ft
$482 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

UNDER CONTRACT WITH CONTINGENCIES; SELLER ACCEPTING BACKUP OFFERS.Seaside Sanctuary is a haven for beach lovers and serves as an opportunity to earn MASSIVE RENTAL INCOME. This condo has ACTUAL ANNUAL INCOME IN EXCESS OF $85,000 PER YEAR AND HAS EVEN GROSSED AS MUCH AS $99,000 RECENTLY.The fully automated, custom built website conveys with the property and does everything from booking to billing. You will get the owner's 5 star reviews and a ready made business, so your dream home can start paying for itself as soon as it closes escrow! This remodeled condo is located in the world-renowned Edgewater Beach Resort and is housed in the highly coveted 2 stack of tower 2 which provides completely, unobstructed west facing views. Its panoramic windows, optimal angle, and ideal floor level provide unparalleled vistas for as far as the eyes can see. The owner has meticulously maintained this condo and professionally decorated it with premium furnishings for the most discerning buyers and guests. It's being offered fully furnished and appointed for your convenience. This two bedroom / two bathroom, 1366 square foot floor plan, currently sleeps 7 but is licensed for up to 10 guests. The open concept living area can comfortably accommodate even more if entertaining is your passion. A soft and serene neutral palate of color surrounds guests with tranquility and peace. Lovingly maintained by the current owner, significant investment has been made to provide a new owner with a turnkey opportunity to make instant income from Day 1.As the only full service property in Panama City Beach, Edgewater Beach Resort sells itself. Own here and enjoy tropical pools, hot tubs, sun decks and a gulf-front bar and grill. Room service is available and there is a gulf-side bar, pizza shop, full service restaurant, and a market. For the athlete in the family, the Sports Club offers unlimited golf, pro-shop, gym, tennis, basketball, shuffleboard, and even pickleball. Enjoy a day at the beach, the kids Splash Pad, or even a ''dive-in'' movie. There is ample parking for water craft, RV's, trailers, and EV charging stations onsite too. Make an appointment today and prepare to be enamored by panoramic views, quality finishes, and luxurious living.

Listing Agent

Mike Herring

Keller Williams Realty Emerald License #3256219

Keller Williams Realty Emerald

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,547

Year Built

  • Built in 1985

Lot Details

HOA Fees

  • $1,792 Monthly HOA Fees

Interior Spaces

  • 1,366 Sq Ft Home
  • Furnished
  • Living Room
  • Dining Room

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

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

Community Details

Overview

  • Association fees include management, cable TV, insurance, internet, legal/accounting, ground maintenance, pest control, pool(s), recreation facilities, security, tennis courts, trash, water
  • High-Rise Condominium
  • Edgewater Tower Ii Subdivision

Amenities

  • Meeting Room
  • Elevator

Recreation

  • Beach
  • Golf Course Community
  • Community Basketball Court
  • Community Spa

Security

  • 24-Hour Security

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,547

Year Built

Built in 1985

Lot Details

0

HOA Fees

$1,792 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1985
  • Property Sub Type: Condominium
  • Subdivision Name: Edgewater Tower II
  • Architectural Style: High Rise
  • Entry Level: 8
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Condominium
  • Special Features: UnderContract

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Interior Amenities: Breakfast Bar
  • Spa Features: Community
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 1366.0
  • Dining Room Type: Bedroom, Dining Room, Kitchen, Living Room, Primary Bedroom
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Pool Features: In Ground, Pool, Community
  • View: Gulf
  • View: Yes
  • Waterfront Features: Gulf
  • Waterfront: Yes
  • Construction Type: Concrete
  • Exterior Features: Balcony
  • Patio And Porch Features: Balcony

Garage/Parking

  • Garage: No

Utilities

  • Utilities: Cable Connected
  • Security Features: Gated with Guard, 24 Hour Security, Security Service
  • Cooling: Central Air, Electric
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 5376.03
  • Community Features: Basketball Court, Beach, Conference/Meeting Room, Elevator, Fitness Center, Golf, Gated, Recreation Area, Shopping, Short Term Rental Allowed, Tennis Court(s), Waterfront, Pool
  • Amenities: Beach Rights, Gated
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Fee Information

  • Association Fee Includes: Association Management, Cable TV, Insurance, Internet, Legal/Accounting, Maintenance Grounds, Pest Control, Pool(s), Recreation Facilities, Security, Tennis Courts, Trash, Water

Schools

  • Middle Or Junior School: Surfside

Rental Info

  • Furnished: Furnished

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 $5,547 $393,144 -- --
2023 $5,547 $357,404 $0 $510,000
2022 $4,376 $324,913 $0 $0
2021 $3,697 $295,375 $0 $295,375
2020 $3,585 $295,375 $0 $295,375
2019 $3,396 $280,500 $0 $280,500
2018 $3,355 $273,020 $0 $0
2017 $2,838 $248,200 $0 $0
2016 $3,002 $259,250 $0 $0
2015 $2,844 $238,000 $0 $0
2014 $2,615 $218,958 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2025 04/04/25 Price Changed $659,000 -2.9% $482 / Sq Ft
02/08/2025 02/08/25 For Sale $679,000 +83.5% $497 / Sq Ft
06/20/2022 06/20/22 Off Market $370,000 -- --
08/23/2019 08/23/19 Sold $370,000 -3.9% $271 / Sq Ft
07/31/2019 07/31/19 Pending -- -- --
06/04/2019 06/04/19 For Sale $385,000 -- $282 / Sq Ft
Source: Central Panhandle Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed $100 --
Warranty Deed $370,000 Attorney
Interfamily Deed Transfer -- Lanco Title & Escrow
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $230,000 New Conventional
Source: Public Records

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Source: Central Panhandle Association of REALTORS®

MLS Number: 768516

Central Panhandle Association of REALTORS®

APN: 34800-286-000