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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.