14401 Front Beach Road, 306, Panama City Beach, FL 32413
$190,000
Property Type:
Residential
Baths:
1
Square Footage:
330
Status:
Active
Current Price:
$190,000
List Date:
3/22/2024
Last Modified:
5/09/2024
Description
Investing in the Fontainebleau Terrace in Panama City Beach presents a compelling opportunity for buyers seeking a blend of history, modern updates, and prime beachfront location. Here are some key reasons why this CASH investment could be appealing to prospective buyers:
1. **Iconic and Historic Charm:** The Fontainebleau Terrace's status as an iconic and historic property from 1965 adds a sense of nostalgia and uniqueness that can attract vacationers looking for affordability and convenience.
2. **Prime Beachfront Location:** Situated on the beautiful Panama City Beach, you a buyer are not just purchasing a property; you're investing in a lifestyle. The convenience of having direct access to the beach and stunning ocean views can be a significant draw for those seeking a beachfront experience.
3. **Major Updates and Renovations:** The major updates and renovations to the property signal a commitment to enhancing its value and appeal. The potential for increased rental income, property appreciation, and improved amenities, making it an attractive investment.
4. **Rental Income Potential:** For buyers looking for an investment property, the opportunity to generate a strong return on investment through rental returns may appeal to those seeking both financial gain and leisure opportunities.
5. **Potential for Capital Appreciation:** With ongoing improvements and updates, the property will increase in value over time, potentially leading to capital appreciation for buyers seeking long-term investment growth.
6. **Investment in a Thriving Tourism Destination:** Panama City Beach's popularity as a tourist destination can provide buyers with a steady stream of guests and demand for accommodation, making it a strategic investment choice in a flourishing market.
If your seeking a unique and lucrative real estate opportunity in Panama City Beach contact your favorite Realtor today to discuss the longterm benefits of being an owner at FBT.
More Information MLS# 754678
Contract Info
Status: Active
List Date: 2024-03-22
List Price: $190,000
List Price/SqFt: 575.76
Current Price: $190,000
Location
Area: 03 - Bay County - Beach
Street #: 14401
Street Name: Front Beach
Street Suffix: Road
Unit #: 306
State: FL
Zip Code: 32413
County: Bay
Sub Area: 0318 - Beach - Central South
Subdivision: Fontainebleau Terrace
Community/Resort: None
Waterfront: Yes
Parcel ID: 34511-548-000
Elementary School: Hutchison Beach
Middle School: Surfside
High School: Arnold
Directions: take front beach road west from Thomas Drive or Hutchinson. pass bid a Wee beach accesses and Fontaine Bleau will be beach side on left
Legal Description: FONTAINEBLEAU TERRACE UNIT 306 ORB 3692 P 672 EFF 330 H&C
General Property Info
Sub-Type: Condominium
Design: Mid-Rise (4-7 floors)
Apx SqFt(Htd/Cooled): 330
SqFt Source: Prop App Site
Full Baths: 1
Total Baths: 1
# of Stories in Building: 7
Floor Number: 3
# of Units in Bldg: 124
Year Built: 1965
Immediate Occupancy: Yes
Construction Status: Construction Complete
Garage Y/N: No
Lot Dimensions: 0X0
Listing Info, Tax and Legal
HOA Fee: Yes
HOA Amount: 795
HOA Frequency: Monthly
HOA Annual Amount: 9540
New Buyer Fee: No
Last Taxes: 1707
Last Tax Year: 2023
Brokerage Interest: No Interest
As Is: Yes
Condo Doc: Yes
Remarks & Misc
Remarks: Investing in the Fontainebleau Terrace in Panama City Beach presents a compelling opportunity for buyers seeking a blend of history, modern updates, and prime beachfront location. Here are some key reasons why this CASH investment could be appealing to prospective buyers:
1. **Iconic and Historic Charm:** The Fontainebleau Terrace's status as an iconic and historic property from 1965 adds a sense of nostalgia and uniqueness that can attract vacationers looking for affordability and convenience.
2. **Prime Beachfront Location:** Situated on the beautiful Panama City Beach, you a buyer are not just purchasing a property; you're investing in a lifestyle. The convenience of having direct access to the beach and stunning ocean views can be a significant draw for those seeking a beachfront experience.
3. **Major Updates and Renovations:** The major updates and renovations to the property signal a commitment to enhancing its value and appeal. The potential for increased rental income, property appreciation, and improved amenities, making it an attractive investment.
4. **Rental Income Potential:** For buyers looking for an investment property, the opportunity to generate a strong return on investment through rental returns may appeal to those seeking both financial gain and leisure opportunities.
5. **Potential for Capital Appreciation:** With ongoing improvements and updates, the property will increase in value over time, potentially leading to capital appreciation for buyers seeking long-term investment growth.
6. **Investment in a Thriving Tourism Destination:** Panama City Beach's popularity as a tourist destination can provide buyers with a steady stream of guests and demand for accommodation, making it a strategic investment choice in a flourishing market.
If your seeking a unique and lucrative real estate opportunity in Panama City Beach contact your favorite Realtor today to discuss the longterm benefits of being an owner at FBT.
Property Features
Accessibility Features: Accessible Approach with Ramp; Accessible Bedroom
Appliances: Microwave; Range - Electric; Refrigerator
Construction/Siding: Concrete; Roof - Flat
Cooling: Mini-Split/Ductless
Heating: Mini-Split/Ductless
Exterior: Patio Covered; Pool
Fees Include: Accounting; Beach; TV Cable; Electricity; Insurance; Maintenance Grounds; Pool; Sewer; Water
Financing: Cash
Furnished: Partially
Lot Features: Waterfront
Pool Features: Inground
Studio: Third
Parking Features: Open
Project Facilities: Elevators; Pool
Rooms: Studio
Utilities: All Utilities
Waterfront Type: Gulf
Room Information
Studio
Level: Third
Dimensions: 25 x 11
Length: 25.00
Width: 11.00
Dimensions: 25 x 11
Listing Office: Dalton Wade Inc
Last Updated: May - 09 - 2024
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Information deemed reliable but not guaranteed.