$649,000

Estimated payment $4,775/month

2 Beds
2 Baths
1,135 Sq Ft
$572 Price per Sq Ft

Highlights

  • Beach
  • Property fronts gulf or ocean
  • Community Pool
  • J.R. Arnold High School Rated A-
  • Main Floor Primary Bedroom
  • Balcony

About This Home

Escape to coastal luxury in this newly updated 5th-floor condo at the highly sought-after Grand Panama Beach Resort—perfectly situated on the same level as the sky bridge for effortless, no-hassle access to the parking garage. Boasting incredible rental income numbers with history - $75K for 2025 and still booking! Rents as 3 Bedroom for Short Term Rentals. From the moment you step inside, you'll feel the fresh, modern vibe of a space that's been fully renovated from top to bottom with all-new showers, countertops, appliances, paint, and stylish coastal-chic furniture.
This spacious 2BR/2BA retreat features a cozy bunk room and a queen sleeper sofa, comfortably accommodating up to 8 guests—making it perfect for families, couples traveling together, or a relaxed beach getaway with friends This spacious 2BR/2BA retreat features a cozy bunk room and a queen sleeper sofa, comfortably accommodating up to 8 guestsmaking it perfect for families, couples traveling together, or a relaxed beach getaway with friends. Even better, your furry companions are welcome here, as the unit is pet-friendly! Step outside and discover why Grand Panama is known as one of PCB's premier beachfront destinations. Enjoy two sparkling pools (including one heated for year-round enjoyment), two soothing hot tubs, and a dedicated kiddie pool for the little ones. The resort's prime beachside location gives you direct, no-steps access to the sugar-white sand and emerald watersjust grab your beach gear and go. Whether you're sipping your morning coffee on the balcony, unwinding after a long day in the sun, or exploring all that Panama City Beach has to offer, this condo delivers the perfect blend of comfort, convenience, and coastal charm.

Listing Agent

The Warren Group

Christies International Real Estate Emerald Coast Listed on: 11/23/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,577

Year Built

  • Built in 2007

HOA Fees

  • $800 Monthly HOA Fees

Parking

  • 1 Car Garage

Interior Spaces

  • 1,135 Sq Ft Home
  • Ceiling Fan
  • Living Room
  • Tile Flooring

Kitchen

  • Breakfast Bar
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Built-In Bunk Beds
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Laundry

  • Dryer
  • Washer

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Additional Features

Listing and Financial Details

  • Assessor Parcel Number 40000-700-039

Community Details

Overview

  • Association fees include cable TV
  • Grand Panama Beach Resorts Subdivision

Amenities

  • Community Barbecue Grill

Recreation

  • Beach

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,577

Year Built

Built in 2007

Lot Details

0

HOA Fees

$800 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: GRAND PANAMA BEACH RESORTS
  • Directions: Richard Jackson to Front Beach Rd. turn right and Grand Panama Tower 1 will be on the left. Gulfside pool and another pool and fitness center across the street.
  • Architectural Style: N/A
  • Carport Y N: No
  • New Construction: No
  • Year Built: 2007
  • Remarks Misc:Remarks: Escape to coastal luxury in this newly updated 5th-floor condo at the highly sought-after Grand Panama Beach Resort—perfectly situated on the same level as the sky bridge for effortless, no-hassle access to the parking garage. Boasting incredible rental income numbers with history - $75K for 2025 and still booking! Rents as 3 Bedroom for Short Term Rentals. From the moment you step inside, you'll feel the fresh, modern vibe of a space that's been fully renovated from top to bottom with all-new showers, countertops, appliances, paint, and stylish coastal-chic furniture. This spacious 2BR/2BA retreat features a cozy bunk room and a queen sleeper sofa, comfortably accommodating up to 8 guests—making it perfect for families, couples traveling together, or a relaxed beach getaway with friends
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Energy:Water Heater - Elect: Yes
  • Rooms:Living Room: Yes
  • Waterview:Gulf2: Yes
  • Waterfront:Gulf: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Energy:Ceiling Fans: Yes
  • Waterfront:Unit Waterfront: Yes
  • Special Features: None

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer, Water Heater - Elect
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Floor Tile
  • Interior Amenities: Breakfast Bar, Hallway Bunk Beds, Owner's Closet
  • Appliances:Cooktop: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Tile: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Hallway Bunk Beds: Yes

Exterior Features

  • Pool Features: Pool Type
  • View: Gulf
  • Waterfront Features: Unit Waterfront, Gulf
  • Waterfront: Yes
  • Exterior Features: Balcony
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • Exterior:Balcony: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Garage
  • General Property Info:Garage2: Yes
  • Parking Features:Garage3: Yes

Utilities

  • Cooling: Ceiling Fans, Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electric, Public Water

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Beach, Exercise Room, Pool, TV Cable, Waterfront
  • Association #2 Fee: 800.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Cable TV

Schools

  • Elementary School: Hutchinson Beach
  • High School: Arnold
  • Middle Or Junior School: Surfside

Lot Info

  • Parcel #: 40000-700-039

Tax Info

  • Tax Annual Amount: 6576.87
  • Tax Year: 2024

Map

Range of Values:

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Value Increase
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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 $6,473 $520,000 -- $520,000
2023 $6,473 $520,000 $0 $520,000
2022 $4,281 $341,509 $0 $0
2021 $3,851 $310,463 $0 $310,463
2020 $3,530 $292,400 $0 $292,400
2019 $3,230 $267,750 $0 $267,750
2018 $3,090 $250,750 $0 $0
2017 $2,808 $246,500 $0 $0
2016 $3,084 $265,868 $0 $0
2015 $2,950 $241,698 $0 $0
2014 $2,662 $219,725 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/23/2025 11/23/25 For Sale $649,000 -- $572 / Sq Ft
Source: Emerald Coast Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $565,000 None Listed On Document
Deed $294,000 --
Special Warranty Deed $328,900 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $452,000 New Conventional
Previous Owner -- No Value Available
Source: Public Records

Source: Emerald Coast Association of REALTORS®

MLS Number: 990200

Emerald Coast Association of REALTORS®

APN: 40000-700-039