Property
Beds
1
Full Baths
1
1/2 Baths
1
Year Built
1984
Sq.Footage
740
Gulf-front investment opportunity at Summit Beach Resort #1412 in Panama City Beach. This one-bedroom, one-and-a-half-bath condominium offers stunning, unobstructed views of the Gulf of Mexico from a private balcony and a highly functional layout that comfortably sleeps up to five guests. The unit features a fully equipped kitchen, in-unit washer and dryer, and a spacious living area with a sleeper sofa to maximize occupancy. The primary bedroom includes an ensuite bath, with an additional half bath conveniently located in the hallway for guests. Summit Beach Resort is a well-known, amenity-rich complex offering multiple pools, hot tubs, sauna, tennis courts, shuffleboard, on-site Tiki bar, grilling area, arcade/game room, playground, beach services, water sports, and a sundry shop. This property presents strong income potential with minor cosmetic updates such as paint and furnishings. Updated units in the complex command higher rental rates, making this an excellent value-add opportunity for investors. Located on the east end of Panama City Beach, just minutes from dining, shopping, golf, and entertainment. Close proximity to the new Tootsie's Orchid Lounge opening nearby is expected to further enhance rental demand and area growth. Whether you're seeking a short-term rental investment or a personal beachfront getaway, this unit offers both immediate enjoyment and upside potential.
Features & Amenities
Interior
-
Total Bedrooms
1
-
Bathrooms
1
-
1/2 Bathrooms
1
-
Cooling YN
YES
-
Cooling
Central Air
-
Heating YN
YES
-
Heating
Central, Electric
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Other Exterior Features
Balcony
-
Parking
Gated, Paved, Parking Lot
-
Pool
Yes
-
Pool Features
Gunite, Electric Heat, In Ground, 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
$325,000
-
Sq. Footage
740
-
Price/SqFt
$439
HOA
-
Association
Yes
-
Association Fee Includes
N/A
School District
-
Elementary School
Breakfast Point
-
Middle School
Breakfast Point
-
High School
Arnold
Property Features
-
Association Amenities
Beach Rights, Game Room, Gated, Barbecue, Picnic Area, Spa/Hot Tub
-
Sewer
Public Sewer
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Location
County
Bay
Elementary School
Breakfast Point
Middle School
Breakfast Point
High School
Arnold
Listing Courtesy of Janet Melton , SweetBay Realty
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AGENT
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