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17674 Front Beach Rd

10 Unit Apartment Building $15,500,000 ($1,550,000/Unit) Panama City Beach, FL 32413

Investment Highlights

  • These Townhomes are designed as short-term rental machines, ensuring both luxury living and excellent investment potential.
  • Close to shopping, dining and entertainment options.
  • Conveniently located just across the street from public beach access.

Executive Summary

THIS IS AN INVESTORS DREAM!! Welcome to 17674 Front Beach Rd, a stunning 10 unit complex nestled along the pristine Gulf Coast. Each unit boasts 5 bedrooms and 5.5 bathrooms, offering ample space and comfort for residents or vacationers alike. Enjoy breathtaking Gulf views from every residence, complemented by private pools and rooftop terraces ideal for savoring sunsets and hosting evening cocktail hours. These homes are designed as short-term rental machines, ensuring both luxury living and excellent investment potential. Conveniently located just across the street from public beach access 72 and 73, residents can easily indulge in sun-soaked days by the beach

Property Facts

Price $15,500,000
Price Per Unit $1,550,000
Sale Type Investment
No. Units 10
Property Type Multifamily
Property Subtype Apartment
Apartment Style Townhome
Building Class B
Lot Size 0.76 AC
Building Size 28,000 SF
No. Stories 4
Year Built 2024

Unit Amenities

  • Air Conditioning
  • Balcony
  • Ceiling Fans
  • Kitchen
  • Oven
  • Stainless Steel Appliances
  • Tub/Shower

Site Amenities

  • 24 Hour Access
  • Pool
  • Tenant Controlled HVAC
  • Smoke Detector

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
5+5.5 10 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
38371-000-000
Land Assessment
$1,057,533
Improvements Assessment
$0
Total Assessment
$1,057,533

zoning

Zoning Code Commercial; Multi Family (10 Unit Townhome Complex that is zoned Commercial; Residential Multi-Family)
Commercial; Multi Family (10 Unit Townhome Complex that is zoned Commercial; Residential Multi-Family)
  • Listing ID: 33087711

  • Date on Market: 9/6/2024

  • Last Updated:

  • Address: 17674 Front Beach Rd, Panama City Beach, FL 32413

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