21523 Front Beach Rd, Panama City Beach, FL 32413

$5,700,000
12
BD
16
BA
7,914
SqFt

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List Price
$5,700,000
Days on Market
1
MLS#
1010501
Status
ACTIVE
Type
Multifamily
Subtype
Triplex
Bedrooms
12
Bathrooms
16
Full Bathrooms
12
Half Bathrooms
4
Living Area
7,914
Neighborhood
Beach - West South

Property Description

The opportunity you've been waiting for has arrived! This extraordinary Gulf-front property on the desirable West End of Panama City Beach offers substantial construction, direct beach access, luxury coastal living, and incredible income-producing potential, all just a short drive from iconic 30A with no HOA restrictions! Built for longevity with concrete construction, metal studs, a tile roof, and stucco exterior, this building stands apart from typical coastal properties. It features THREE individual income-producing residences, each approximately 2,500 sq ft with 4 bedrooms and 4.5 bathrooms, with one private residence occupying each of the second, third, and fourth floors. Each unit offers two oversized Gulf-front balconies, panoramic water views, walls of glass, spacious living areas, gourmet kitchens with custom cabinetry, granite countertops, stainless appliances, and wet bars. Outside, enjoy a large, covered entertainment area, private pool, hot tub, and private beach access. Whether used as an investment with multiple income streams, a multi-generational retreat, or an entire beachfront compound, this is a truly rare opportunity on the Emerald Coast.

Additional Information

Appliances
Cooktop, Dishwasher, Disposal, Dryer, Microwave, Range Hood, Refrigerator, Washer, Electric Water Heater
Style
Triplex
Elementary School
West Bay
Exterior Features
Balcony, Private Yard
High School
Arnold
Interior Features
Breakfast Area, Vaulted/Cathedral Ceilings, Kitchen Island, Recessed Lighting, Pantry, Washer Hookup, Bar-Wet, Elevator
Legal Description
RIVIERA BEACH MAP-13B4LOT 1 LESS 5' ESMT ON E SIDEORB 4798 P 1002
Middle School
Surfside
Neighborhood
Beach - West South
Parking Features
Attached, Oversized, Covered
Community Features
Beach Access, Deed Access, Elevator, Pool, Water Access, Short Term Rental Allowed
Subdivision
Riviera Beach
Waterfront Features
Gulf
View
Gulf
Year Built
2007
Zoning
City, Resid Multi-Family, Resid Single Family

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Found Real Estate.

Vendor Member Number : 28166