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Step into your newly renovated, spacious condo with high ceilings and a 17th story view of the emerald waves of Panama City Beach! This condo effortlessly accommodates 6 guests, ensuring ample space for both relaxation and entertainment. Wake up to awe-inspiring panoramic views of the Gulf Coast from your private balcony, where the salty breeze and shimmering waters greet you each morning. Calling all investors! This condo is a great opportunity for short-term rental income, allowing you to capitalize on the high demand for vacation rentals in this sought-after area. The sellers rent less than 1/3 of the year, which covers all costs of ownership (HOA, Taxes, etc). These Palazzo units have no issues renting out year-round. For 2021-2023, sellers have rented an average of 118 nights per year, making an average of $27,000 per year. The four convenient levels of parking for owners and guests exclusively ensure stress-free arrivals and departures. Indulge in the beachside lifestyle with Pier Park just a short beach walk, offering an array of shops, dining options, and entertainment venues. But why leave when you have a poolside paradise right at your doorstep? Dive into luxury with community amenities including a sparkling pool and rejuvenating hot tub, or elevate your fitness routine while soaking in breathtaking Gulf Coast vistas from the exclusive workout room. Whether you're seeking a lucrative investment opportunity or a personal coastal haven, this condo epitomizes the best of both worlds. Rarely does an opportunity arise to own a piece of the coveted west end, and the Palazzo offers the epitome of coastal luxury living in an exclusive enclave where units are a rare find.
This listing is maintained by LPT Realty LLC.
Property Details
MLS# | 752765 |
Status | Active |
Property Type | Condo |
Bedrooms | 1 |
Bathrooms | 2 full, 0 half |
H/C Sqft | 1,026 |
Lot Dimensions | 0x0 |
Year Built | 2008 |
HOA Amount | $829.00 |
HOA Term | Monthly |
Features
Community Amenities | Short Term Rental Allowed, |
Utilities | Cable Available, Electricity Available, High Speed Internet Available, Phone Available, Sewer Available, Water Available, |
Location
Waterfront | Gulf |
Elementary School | West Bay |
Middle School | Surfside |
High School | Arnold |
Zip Code | 32413 |
Area | Bay County - Beach |
Sub-area | Beach - West South |
Subdivision | Palazzo |