Live the Gulf Life on Florida’s Emerald Coast

HighRise

16701 Front Beach Road 1505

Panama City Beach, FL 32413

MLS#: 778578

$394,000

Status: Closed
Listing number: 778578
Listing provided by: Berkshire Hathaway HomeServices Beach Properties of Florida
Listing agent phone: None
Last update: 5 days ago
On site: 7 months ago
Browse Properties
Sterling Breeze - Residential

Property

Beds

1

Full Baths

2

1/2 Baths

None

Year Built

2008

Sq.Footage

914

Prime Gulf-Front Investment Opportunity in Sterling Breeze - Turnkey & Revenue-Ready! Discover your piece of Panama City Beach paradise at Sterling Breeze, a boutique beachfront gem right in the action-packed tourism district--steps from the excitement of Pier Park! With new hotspots like Topgolf and Dolly Parton's Pirates Voyage boosting year-round visitor appeal, this location delivers endless entertainment, dining, and shopping for renters. Unit 1505 stands out with its expansive 115 sq ft gulf-side balcony--one of the largest in the area--complete with a rare built-in grill (a true standout feature few complexes offer). Soak in unobstructed views of the Gulf of Mexico and the iconic Russell-Fields Pier, the ultimate spot for front-row seats to the region's biggest fireworks shows on July 4th and New Year's Eve. This 1-bed/2-bath condo has proven its earning power even through tougher economic times: 2023 Gross Revenue: $38,816.84 2024 Gross Revenue: $33,882.61 2025 Gross Revenue: $29,842 With tourism stabilizing and demand trends showing strong recovery potential into 2026 (median STR revenues climbing in PCB), this unit is positioned for growth as an Airbnb/VRBO favorite. Resort-style amenities make it effortless: two new elevators, welcoming lobby, fitness center, stunning saltwater pool, seasonal poolside snack bar, expansive pavestone sundeck, hot tub, firepit, and lakeside games (bocce ball & horseshoes) under the freshly renovated parking structure. Sterling Breeze is financially rock-solid--no special assessments on the horizon! Reserves fully funded, HOA owns revenue-generating commercial parcels to offset expenses, Recent roof replacement, Elevators only 2-3 years old, Parking garage just renovated, Building exterior painting bids underway, and Monthly HOA fees have actually decreased--a rare win for owners! Fully furnished and ready for immediate rentals or personal use. Don't miss this chance to own in one of PCB's most desirable beachfront spots. Schedule your showing today--opportunities like this don't last in this market!

Features & Amenities

Interior

  • Other Interior Features

    Smart Thermostat

  • Total Bedrooms

    1

  • Bathrooms

    2

  • Cooling YN

    YES

  • Cooling

    Central Air, Ceiling Fan(s), Heat Pump

  • Heating YN

    YES

  • Heating

    Central, Electric, Forced Air, Heat Pump

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Stucco, Frame

  • Other Exterior Features

    Balcony

  • Parking

    Paved, Community Structure

  • Pool

    Yes

  • Pool Features

    Electric Heat, In Ground, Salt Water, Community

  • Waterfront YN

    YES

  • View

    Water

Area & Lot

  • Lot Features

    Paved, Waterfront

  • Property Type

    Residential

  • Property Sub Type

    Condominium

  • Architectural Style

    HighRise

Price

  • Sales Price

    $394,000

  • Tax Amount

    $4,220

  • Zoning

    Resid Multi-Family, Resort

  • Sq. Footage

    914

  • Price/SqFt

    $431

HOA

  • Association

    Yes

  • Association Fee Includes

    N/A

School District

  • Elementary School

    Hutchison Beach

  • Middle School

    Surfside

  • High School

    Arnold

Property Features

  • Stories

    21

  • Association Amenities

    Picnic Area, Spa/Hot Tub

  • Foundation Details

    Pillar/Post/Pier

  • Sewer

    Public Sewer

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Location

County

Bay

Elementary School

Hutchison Beach

Middle School

Surfside

High School

Arnold

Listing Courtesy of Mark Oberg , Berkshire Hathaway HomeServices Beach Properties of Florida

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REALTOR®

Randy Baxter

Call Randy today to schedule a private showing.

(850) 890-7135

RandyBaxter@GulfLifeGo.com


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Prime Gulf-Front Investment Opportunity in Sterling Breeze - Turnkey & Revenue-Ready! Discover your piece of Panama City Beach paradise at Sterling Breeze, a boutique beachfront gem right in the action-packed tourism district--steps from the excitement of Pier Park! With new hotspots like Topgolf and Dolly Parton's Pirates Voyage boosting year-round visitor appeal, this location delivers endless entertainment, dining, and shopping for renters. Unit 1505 stands out with its expansive 115 sq ft gulf-side balcony--one of the largest in the area--complete with a rare built-in grill (a true standout feature few complexes offer). Soak in unobstructed views of the Gulf of Mexico and the iconic Russell-Fields Pier, the ultimate spot for front-row seats to the region's biggest fireworks shows on July 4th and New Year's Eve. This 1-bed/2-bath condo has proven its earning power even through tougher economic times: 2023 Gross Revenue: $38,816.84 2024 Gross Revenue: $33,882.61 2025 Gross Revenue: $29,842 With tourism stabilizing and demand trends showing strong recovery potential into 2026 (median STR revenues climbing in PCB), this unit is positioned for growth as an Airbnb/VRBO favorite. Resort-style amenities make it effortless: two new elevators, welcoming lobby, fitness center, stunning saltwater pool, seasonal poolside snack bar, expansive pavestone sundeck, hot tub, firepit, and lakeside games (bocce ball & horseshoes) under the freshly renovated parking structure. Sterling Breeze is financially rock-solid--no special assessments on the horizon! Reserves fully funded, HOA owns revenue-generating commercial parcels to offset expenses, Recent roof replacement, Elevators only 2-3 years old, Parking garage just renovated, Building exterior painting bids underway, and Monthly HOA fees have actually decreased--a rare win for owners! Fully furnished and ready for immediate rentals or personal use. Don't miss this chance to own in one of PCB's most desirable beachfront spots. Schedule your showing today--opportunities like this don't last in this market!

16701 Front Beach Road 1505

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