Investor alert! This 3-bedroom, 3-bathroom Gulf-front condo at The Commodore is a rare opportunity to own a prime income-producing property on the far east end of Panama City Beach. Featuring a separate lock-out unit, this condo offers unparalleled flexibility--rent the entire unit or split it into two rentals to maximize occupancy and income potential.Designed with rental appeal in mind, this condo offers two Gulf-facing primary bedrooms with balcony access and en-suite bathrooms, ensuring every guest enjoys breathtaking water views. The spacious third bedroom is perfect for families, featuring two sets of bunk beds to accommodate multiple guests comfortably. The large living area flows seamlessly into the open kitchen, which boasts granite countertops, a coastal white design with white appliances, and a convenient bar area for entertaining.Guests will also appreciate the private balcony for sunset views and the outside storage lock-out closet for all their beach gear. With low condo assessments, The Commodore offers outstanding amenities, including a seasonally heated pool, hot tub, and direct beach access, making it a top choice for vacationers.Located on the desirable far east end of the beach near St. Andrews State Park and local attractions, this property has strong rental income potential and is a fantastic addition to any investment portfolio. Don't miss this opportunity--schedule your private tour today!
Property Features
Bedrooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Appliances
- Dryer
- Dishwasher
- ElectricOven
- ElectricWaterHeater
- Disposal
- Microwave
- Refrigerator
Heating and Cooling
- Cooling Features: CentralAir, Electric
- Heating Features: Central, Electric
- Heating: Yes
Exterior and Lot Features
- Balcony
- Patio And Porch Features: Balcony
Pool and Spa
- Pool Features: ElectricHeat, InGround, Community
Waterfront and Water Access
Land Info
Garage and Parking
- Parking Features: Gated, NoGarage, ParkingLot
Home Features
- View: Gulf
- Security Features: FireAlarm, FireSprinklerSystem, GatedCommunity, TwentyFourHourSecurity, SmokeDetectors
Homeowners Association
- Association: Yes
- Association Fee: 2834
- Association Fee Frequency: Quarterly
- Association Fee Includes: AssociationManagement, CableTv, LegalAccounting, Pools, Security, Trash
- Calculated Total Monthly Association Fees: 945
School Information
- Elementary School: Patronis
- High School: Arnold
- Middle School: Surfside
Amenities and Community Features
- Community Features: Beach, Elevator, Park, Pool, StorageFacilities, ShortTermRentalAllowed, Gated
Other Property Info
- Annual Tax Amount: 5003
- Source Listing Status: Active
- County: Bay
- Directions: From the Hathaway Bridge Travel South on Thomas Drive. After the curve by Newby's turn Left at the light and The Commodore is the first High Rise on the right
- Tax Year: 2023
- Source Property Type: Residential
- Property Subtype: condo
- MLS Area Minor: 0323 - Beach - South of Grand Lagoon
- Source Neighborhood: The Commodore
- Parcel Number: 31430-555-000
- Postal City: Panama City Beach
- Subdivision: The Commodore
- Property Subtype: Condominium
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 1404
- Year Built: 1985
- Construction Materials: Stucco
- Entry Level: 6
- Living Area Source: Appraiser
- Property Age: 39
- House Style: HighRise
- Architectural Style: HighRise
Utilities
- CableConnected
- TrashCollection