Edgewater Beach Resort Tower I & II 11619 Front Beach Rd Unit 802 Panama City Beach, FL 32407
2
Beds
2
Baths
1,366
Sq Ft
$1,792/mo
HOA Fee
Highlights
- Beach Front
- Beach
- Gated Community
- J.R. Arnold High School Rated A-
- Gulf View
- Main Floor Primary Bedroom
About This Home
As of June 2025UNDER CONTRACT WITH CONTINGENCIES; SELLER ACCEPTING BACKUP OFERS.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.
Last Agent to Sell the Property
Keller Williams Realty SRB License #3256219 Listed on: 02/11/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,547
Year Built
- Built in 1985
Lot Details
HOA Fees
- $1,792 Monthly HOA Fees
Home Design
- Concrete Siding
Interior Spaces
- 1,366 Sq Ft Home
- Furnished
- Living Room
- Dining Room
- Tile Flooring
Kitchen
- Breakfast Bar
- Electric Oven or Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- Primary Bedroom on Main
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Outdoor Features
- Balcony
Schools
- Hutchinson Beach Elementary School
- Surfside Middle School
- Arnold High School
Utilities
- Central Heating and Cooling System
- Electric Water Heater
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 34800-200-000
Community Details
Overview
- Association fees include accounting, ground keeping, management, master, repairs/maintenance, trash
- Edgewater Ll Subdivision
Recreation
- Beach
Additional Features
- Elevator
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 11, 2025
Closed on
Jun 16, 2025
Sold by
Cooley-Segal Family Trust and Cooley-Segal Deborah D
Bought by
Howell Tanya and Howell Christopher
Seller's Agent
Mike Herring
Keller Williams Realty SRB
Buyer's Agent
January Johnson
EXP Realty LLC
List Price
$679,000
Sold Price
$625,000
Premium/Discount to List
-$54,000
-7.95%
Views
17
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
41.89%
Original Mortgage
$500,000
Outstanding Balance
$500,000
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$154,087
Purchase Details
Closed on
Sep 22, 2022
Sold by
Cooley-Segal Deborah D
Bought by
Cooley-Segal Family Trust
Purchase Details
Listed on
Jun 4, 2019
Closed on
Jul 23, 2019
Sold by
Christopher Carolyn L
Bought by
Cooley Segal Deborah D
Seller's Agent
Craig Duran
Berkshire Hathaway HomeServices Beach Properties of Florida
Buyer's Agent
Greg Ward
RC Real Estate Group
List Price
$385,000
Sold Price
$370,000
Premium/Discount to List
-$15,000
-3.9%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.05%
Original Mortgage
$230,000
Interest Rate
3.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 27, 2002
Sold by
Christopher Neil E and Christopher Carolyn L
Bought by
Christopher Carolyn L
Similar Homes in Panama City Beach, FL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $625,000 | Setco Services | |
| 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 |
|---|---|---|---|
| Open | $500,000 | New Conventional | |
| Previous Owner | $230,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/17/2025 06/17/25 | Sold | $625,000 | -5.2% | $458 / Sq Ft |
| 05/19/2025 05/19/25 | Pending | -- | -- | -- |
| 04/04/2025 04/04/25 | Price Changed | $659,000 | -2.9% | $482 / Sq Ft |
| 02/11/2025 02/11/25 | 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: Emerald Coast Association of REALTORS®
Tax History Compared to Growth
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
Agents Affiliated with this Home
-
M
Seller's Agent in 2025
Mike Herring
Keller Williams Realty SRB
-
J
Buyer's Agent in 2025
January Johnson
EXP Realty LLC
-
C
Seller's Agent in 2019
Craig Duran
Berkshire Hathaway HomeServices Beach Properties of Florida
-
G
Buyer's Agent in 2019
Greg Ward
RC Real Estate Group
About Edgewater Beach Resort Tower I & II
Map
Source: Emerald Coast Association of REALTORS®
MLS Number: 968227
APN: 34800-286-000
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