Seaside Sanctuary is a haven for beach lovers and serves as an opportunity to earn MASSIVE RENTAL INCOME.This condo has ACTUAL RENTAL INCOME IN EXCESS OF $85, 000 PER YEAR AND HAS DONE $99, 000 FOR THE PAST THREE YEARS.This remodeled condo is located in the coveted Tower II of world-renowned Edgewater Beach Resort. The highly coveted 2 stack of tower 2 provides completely, unobstructed west facing views.The owner has meticulously maintained this condo and expertly furnished it with premium furnishings for the most discerning buyer.This two bedroom / two bathroom, 1366 square foot floor plan, comfortably sleeps 7 guests (licensed for 10 if a sleeper sofa is added).A soft and serene neutral palate of color surrounds guests with tranquility and peace.Lovingly maintained by the current owner, significant investment has been made to provide a new owner with a turnkey opportunity to make instant income from Day 1.The fully automated, custom built website conveys with the property and does everything from booking to billing.You will get the owner's 5 star reviews and a ready made business, so it will start paying for itself as soon as it closes escrow. Edgewater Beach Resort is the best resort in Panama City Beach. Own here and enjoy tropical pools, hot tubs, sun decks and a gulf-front bar and grill. Room service is available and there is a Gulfside bar, pizza shop and a market. For the athlete in the family, the Sports Club offers unlimited golf, pro-shop, gym tennis, basketball, shuffleboard, and pickleball. Enjoy a day at the beach while the kids play at the Splash Pad or enjoy a ''dive-in'' movie. There is parking for RV's, trailers and Tesla charging stations onsite. Make an appointment today and prepare to be enamored by panoramic views, quality finishes, and luxurious living.
Property Features
Bedrooms
- Bedrooms: 2
- Primary Bedroom Dimensions: 14 x 11
- Primary Bedroom Level: First
- Primary Bedroom Features: Measurements approximate; buyer to verify
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Interior Features
Appliances
- Dryer
- Dishwasher
- ElectricOven
- ElectricRange
- ElectricWaterHeater
- Disposal
- Microwave
- Refrigerator
- Washer
Other Rooms
- Bedroom: 11 x 11
- Bedroom Level: First
- Living Room Dimensions: 15 x 14
- Living Room Level: First
Heating and Cooling
- Cooling Features: CentralAir, Electric
- Heating Features: Central, Electric
- Heating: Yes
Kitchen and Dining
- Dining Room Dimensions: 13 x 10
- Dining Room Level: First
- Kitchen Dimensions: 14 x 8
- Kitchen Level: First
Exterior and Lot Features
- Balcony
- Patio And Porch Features: Balcony
Pool and Spa
- Pool Features: InGround, Community
- Spa Features: Community
Waterfront and Water Access
Land Info
Home Features
- View: Gulf
- Security Features: GatedWithGuard, TwentyFourHourSecurity, SecurityService
Homeowners Association
- Association: Yes
- Association Amenities: BeachRights, Gated
- Association Fee: 5376
- Association Fee Frequency: Quarterly
- Association Fee Includes: AssociationManagement, CableTv, Insurance, Internet, LegalAccounting, MaintenanceGrounds, PestControl, Pools, RecreationFacilities, Security, TennisCourts, Trash, Water
- Calculated Total Monthly Association Fees: 1792
School Information
- Elementary School: Hutchison Beach
- High School: Arnold
- Middle School: Surfside
Amenities and Community Features
- Community Features: BasketballCourt, Beach, ConferenceMeetingRoom, Elevator, FitnessCenter, Golf, Gated, Pool, RecreationArea, Shopping, ShortTermRentalAllowed, TennisCourts, Waterfront
Other Property Info
- Source Listing Status: Active
- County: Bay
- Directions: Edgewater Beach Resort is located on the gulf at the end of Richard Jackson Blvd. This unit is in the highly coveted Tower II with westerly facing views.
- Source Property Type: Residential
- Property Subtype: condo
- MLS Area Minor: 0318 - Beach - Central South
- Source Neighborhood: Edgewater Tower II
- Parcel Number: 34800-286-000
- Postal City: Panama City Beach
- Subdivision: Edgewater Tower II
- Property Subtype: Condominium
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 1366
- Year Built: 1985
- Construction Materials: Concrete
- Entry Level: 8
- Living Area Source: Appraiser
- Property Age: 40
- House Style: HighRise
- Architectural Style: HighRise
Utilities