Established 5 Star Premier Property and guest favorite with Expedia, Travelocity, Booking.com, and VRBO. Solid $40k revenue in 2024. Full reservation calendar providing an immediate ROI. Many returning guests book directly with owner. Easily self-managed without property management fees.... putting more money in your pocket! Established business plan and rental listing with a 13% nightly rate increase for 2025. This property is on target to generate immediate income for seasoned investors and buyers new to investing. A complete business model is in place and set to generate income in order to help the new buyer transition into ownership and take a lot of the guesswork out of investing and managing a vacation rental.You will see in the attached ''Guest Reviews'' that guests love the fun beach-bum vibes combined with a lush, coastal cottage feel. This is not your typical condo. No detail has been untouched.... from a leather sectional with power recliners and fresh pillows, plush bedding, cozy throws, beach chairs, toys, and towels, professionally cleaned linens to a warm fireplace for cool beach evenings. A fully furnished, well-stocked kitchen gives guests the ability to easily prepare meals and entertain. The kitchen has a beverage bar with cappuccino machine, martini maker with glasses, additional ice machine, air fryer, multicooker, rice maker, hot pot and much more! BUT THE VIEW is guests' absolute favorite! 5 mins to Pier Park and close proximity to Rosemary Beach round-out a full guest experience of the area. Newer dishwasher, garbage disposal, hot water heater, air filters, exhaust fans, paint, light fixtures, indoor and patio furniture, and fire extinguisher. Serviced AC unit and smoke detectors in 2025. Recently installed fiber optic internet and cable. THIS CONDO AND LOCATION CAN NOT BE BEAT!A dependable and professional cleaning crew is established and ready to work for you. This is a once in a lifetime opportunity to invest in a beautiful property that is completely set-up and is producing an immediate income. Be sure to see the Business Model in the attached documents. Owner/Agent
Property Features
Bedrooms
- Bedrooms: 2
- Primary Bedroom Dimensions: 13 x 12
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Interior Features
- BreakfastBar
- Elevator
- Fireplace
- Pantry
- Door Features: StormDoors
- Window Features: StormWindows
Appliances
- Dryer
- Dishwasher
- ElectricRange
- ElectricWaterHeater
- Freezer
- Disposal
- IceMaker
- Microwave
- Refrigerator
- RangeHood
- Washer
Other Rooms
- Bedroom, Kitchen, LivingRoom, PrimaryBedroom
- Bedroom: 12 x 12
- Living Room Dimensions: 18 x 12
Heating and Cooling
- Cooling Features: CentralAir, CeilingFans, Electric
- Fireplace Features: Electric
- Heating Features: Central, Electric, Fireplaces
- Heating: Yes
Kitchen and Dining
- Kitchen Dimensions: 10 x 9
Exterior and Lot Features
- Balcony
- SprinklerIrrigation
- OutdoorShower
- Patio
- Other Structures: Gazebo, TennisCourts
- Patio And Porch Features: Balcony, Covered, Porch
- Road Frontage Type: CityStreet
Pool and Spa
- Pool Features: Fenced, ElectricHeat, Indoor, InGround, PoolSpaCombo, Community
- Spa Features: Community
Waterfront and Water Access
- Gulf
- ShorelineSand
- Waterfront
Garage and Parking
- Attached Garage: Yes
- Garage Spaces: 2
- Parking Features: Attached, Detached, Garage
Land Info
- Lot Description: Landscaped, Waterfront
- Lot Size Dimensions: 0x0
Home Features
- View: Gulf
- Security Features: BuildingSecurity, FireAlarm, FireEscape, FireSprinklerSystem, SecuredGarageParking, TwentyFourHourSecurity, SmokeDetectors, SecurityService
Homeowners Association
- Association: Yes
- Association Amenities: PicnicArea
- Association Fee: 3206
- Association Fee Frequency: Quarterly
- Association Fee Includes: CableTv, Internet, LegalAccounting, MaintenanceGrounds, PestControl, Pools, Sewer, Sprinkler, Security, TennisCourts, Trash
- Calculated Total Monthly Association Fees: 1069
- Association Name: Maxet Mgt. Group
School Information
- Elementary School: West Bay
- High School: Arnold
- Middle School: Surfside
Multi-Unit Info
- Number of Units In Community: 193
Amenities and Community Features
- Community Features: Barbecue, Beach, BusinessCenter, Clubhouse, ConferenceMeetingRoom, Elevator, FitnessCenter, Park, Pool, ShortTermRentalAllowed, TennisCourts, Waterfront, Sidewalks
Other Property Info
- Annual Tax Amount: 7006
- Source Listing Status: Active
- County: Bay
- Directions: Celadon Beach Resort is gulf-front on Front Beach Rd. 1.5 miles West of HWY 79.
- Tax Year: 2024
- Source Property Type: Residential
- Area: 03 - Bay County - Beach
- Property Subtype: condo
- MLS Area Minor: 0325 - Beach - West South
- Source Neighborhood: Celadon Beach
- Parcel Number: 38466-520-000
- Postal City: Panama City Beach
- Property Location: Covenants & Rescrictions, Landscaped, Near Beach Access, Sand Dunes, Sidewalk, Waterfront, Within 1/2 Mile to Water
- Subdivision: Celadon Beach
- Property Subtype: Condominium
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 1157
- Year Built: 2004
- Construction Materials: Concrete
- Entry Level: 17
- Living Area Source: Appraiser
- Property Age: 21
- Building Total Stories: 23
- House Style: HighRise
- Architectural Style: HighRise
Accessibility Features
- Accessibility Features: AccessibleCommonArea
Utilities
- CableConnected
- HighSpeedInternetAvailable
- TrashCollection