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20405 Front Beach Road, Panama City Beach, FL 32413

$5,199,000
Property Type: Residential Bedrooms: 9 Baths: 10 Square Footage: 5,215 Lot Size (sq. ft.): 3,920 Status: Active
Current Price: $5,199,000 List Date: 3/27/2024 Last Modified: 3/27/2024

Description

20405 Front Beach Road is an exquisite gulf front home nestled perfectly in the Laguna Beach section of Panama City Beach. Boasting an ideal location for both vacation rental and personal enjoyment, it sits just five miles east of the luxurious Rosemary Beach and five miles west of Pier Park—the largest commercial and entertainment center in Northwest Florida. This residence presents an exceptional vacation rental opportunity with a projected gross annual rental income of $392,000. The same rental manager, who oversees the neighboring property, successfully secured $320,000 in bookings for 2024 after just 40 days on their program.

Supplements: Distinguished by its meticulously designed floor plan, 20405 Front Beach Road stands out amidst Panama City Beach properties. Unlike many coastal homes that prioritize sleeping space over functional living areas, this home features three distinct living room and entertainment spaces. With 10-foot ceilings and generously sized bedrooms, every occupant can relish in the tranquility of this gulf-front retreat. Outdoor amenities include expansive balconies on each level and a private pool overlooking the Gulf, surrounded by shaded seating areas. The property's design is inspired by the natural beauty of the coast, evident in its locally sourced hardwood flooring and serene color palette. Turquoise accents and white quartz countertops pay homage to the nearby beaches, creating a seamless connection between indoor elegance and outdoor splendor. 20405 Front Beach Road epitomizes the fusion of style and functionality, enhanced by its prime location amidst the best offerings of Northwest Florida. To experience this coastal paradise firsthand, contact the listing agent for a private in-person or virtual tour if you're unable to come into town.

More Information MLS# 754889

Contract Info

Status: Active List Date: 2024-03-27 List Price: $5,199,000 List Price/SqFt: 996.93 Current Price: $5,199,000

Location

Area: 03 - Bay County - Beach Street #: 20405 Street Name: Front Beach Street Suffix: Road State: FL Zip Code: 32413 County: Bay Sub Area: 0325 - Beach - West South Subdivision: No Named Subdivision Community/Resort: None Waterfront: Yes Parcel ID: 36627-000-000 Elementary School: West Bay Middle School: Surfside High School: Arnold Directions: From Hwy 98, turn on Wisteria, at the stop sign take a right and almost immediately the house will be on the left. Legal Description: LAGUNA BEACH ESTATES PART LOT 1 BLK 2A: COMM ELY COR LOT 1 BLK 2A S28W 25' N61W 3' FOR POB TH S28W 70' N61W 31.25' N28E 30' N61W 3.25'N28E 40' N61E 34.50 TO POB AKA UNIT 1 ORB 4500 P 1669

General Property Info

Sub-Type: Detached Single Family Design: Beach House Apx SqFt(Htd/Cooled): 5215 SqFt Source: Prop App Site Bedrooms: 9 Full Baths: 9 Half Baths: 1 Total Baths: 10 # of Stories in Building: 4 Year Built: 2019 Construction Status: Construction Complete Garage Y/N: Yes Garage Spaces: 1 Driveway Spaces: 6 Lot Dimensions: 38 X 105 Acreage: 0.09 Lot Size (SqFt): 3920 Beach Frontage: 38

Listing Info, Tax and Legal

HOA Fee: No New Buyer Fee: No Last Taxes: 31956 Last Tax Year: 2023 Brokerage Interest: No Interest As Is: No

Remarks & Misc

Remarks: 20405 Front Beach Road is an exquisite gulf front home nestled perfectly in the Laguna Beach section of Panama City Beach. Boasting an ideal location for both vacation rental and personal enjoyment, it sits just five miles east of the luxurious Rosemary Beach and five miles west of Pier Park—the largest commercial and entertainment center in Northwest Florida. This residence presents an exceptional vacation rental opportunity with a projected gross annual rental income of $392,000. The same rental manager, who oversees the neighboring property, successfully secured $320,000 in bookings for 2024 after just 40 days on their program.

Property Features

Appliances: Cooktop - Electric; Dishwasher; Disposal; Dryer; Ice Maker; Microwave; Oven - Double; Plumbed For Ice Maker; Range - Electric; Range Hood; Refrigerator; Washer; Water Heater - Gas; Water Heater - Tankless Bedroom: First; Second; Third; Fourth Construction/Siding: Foundation - On Piling; Frame; Roof - Metal; Siding - CmntFbrHrdBrd; Trim - Wood Cooling: Central Air; Electric Heating: Central; Electric Exterior: Balcony; BBQ Pit/Grill; Bulkhead/Seawall; Deck Covered; Deck Open; Double Pane Windows; Patio Covered; Pool; Shower; Sprinkler System; Storm Doors; Summer Kitchen; Tinted Windows Financing: Conventional; Other - See Remarks Furnished: Furnished - All Interior Features: Bonus Room; Bunk Room; Ceiling Crwn Molding; Ceiling Raised; Ceiling Vaulted; Floor Hardwood; Kitchen Island; Lighting Recessed; Newly Painted; Shelving Kitchen: Second Living Room: First Lot Features: Waterfront; Within 1/2 Mile to Water Lot Access: City Road; Paved Road Mstr Bdrm/Mstr Bath: MBath Double Vanity; MBath Separate Shwr Bunk Room: Fourth Bonus Room: Fourth Loft: Fourth Pool Features: Inground; Private Security Features: Secured Garage/Parking; Smoke Detector(s) Parking Features: Driveway; Garage Project Facilities: Beach Rooms: Bedroom; Bonus Room; Bunk Room; Kitchen; Living Room; Loft Utilities: All Utilities; Public Sewer; Public Water Waterfront Type: Gulf Waterview: Gulf

Room Information

Bedroom Level: Second Dimensions: 13 x 8.5 Length: 13.00 Width: 8.50 Dimensions: 13 x 8.5 Bedroom Level: Second Dimensions: 12.5 x 12 Length: 12.50 Width: 12.00 Dimensions: 12.5 x 12 Bedroom Level: Third Dimensions: 15.7 x 12.5 Length: 15.70 Width: 12.50 Dimensions: 15.7 x 12.5 Bedroom Level: Third Dimensions: 11.8 x 8.2 Length: 11.80 Width: 8.20 Dimensions: 11.8 x 8.2 Bedroom Level: Fourth Dimensions: 19.4 x 10.3 Length: 19.40 Width: 10.30 Dimensions: 19.4 x 10.3 Bonus Room Level: Fourth Dimensions: 12.5 x 7.3 Length: 12.50 Width: 7.30 Dimensions: 12.5 x 7.3 Kitchen Level: Second Dimensions: 31 x 22 Length: 31.00 Width: 22.00 Dimensions: 31 x 22 Loft Level: Fourth Dimensions: 12.5 x 11.2 Length: 12.50 Width: 11.20 Dimensions: 12.5 x 11.2 Bunk Room Level: Fourth Dimensions: 19.4 x 10.3 Length: 19.40 Width: 10.30 Dimensions: 19.4 x 10.3 Living Room Level: First Dimensions: 24 x 10.8 Length: 24.00 Width: 10.80 Dimensions: 24 x 10.8 Bedroom Level: First Dimensions: 15.6 x 14.6 Length: 15.60 Width: 14.60 Dimensions: 15.6 x 14.6
Listing Office: Compass Florida, LLC
Last Updated: March - 27 - 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.