- MLS#: 773638 ( Residential )
- Street Address: 23223 Front Beach Road A509
- Viewed: 36
- Price: $299,900
- Price sqft: $338
- Waterfront: Yes
- Wateraccess: Yes
- Waterfront Type: ShorelineSand
- Year Built: 1970
- Bldg sqft: 887
- Bedrooms: 1
- Total Baths: 2
- Full Baths: 2
- Days On Market: 215
- Additional Information
- Geolocation: 30.2669 / -85.9896
- County: BAY
- City: Panama City Beach
- Zipcode: 32413
- Subdivision: Pinnacle Port Phase 1 A
- Building: Pinnacle Port Phase 1 A
- Elementary School: West Bay
- Middle School: Surfside
- High School: Arnold
- Provided by: Beach House Sales and Development
- DMCA Notice
-
DescriptionWelcome to your Gulf front escape at Pinnacle Port, located within the private, gated community of Carillon Beach! This beautifully maintained 2 bedroom, 2 bath condo is sold fully furnished and offers breathtaking views of the Gulf along with a lifestyle of relaxation and convenience. 2025 Budget has been approved and the dues have decreased!! This split level layout features one bedroom and a full bath on the first floor, while the second level hosts the kitchen, dining area, living room, another full bath, laundry, and a balcony perfect for soaking in panoramic water views. This premier complex offers incredible amenities including two pools (one partially covered), tennis and shuffleboard courts, an exercise room, game room, playground, kayak and canoe rentals, grilling and picnic areas, boat slips, fishing docks, and saunas. Tucked between Lake Powell and the Gulf, you truly get the best of both worlds with nature all around and the beach just steps away. HOA dues cover water, trash, exterior insurance, heating and cooling, and grounds maintenanceleaving only electricity as your utility, which averages just $30/month. Located across from Camp Helen State Park and only five minutes from the upscale shopping, dining, and charm of 30A communities like Rosemary Beach and Alys Beach. For an updated, self managed, and well marketed 2BR unit at Pinnacle Port, you can expect: Avg Daily Rental Rate: $210 $240 per night (higher end due to updates and direct bookings) Occupancy: ~60 65% annually (above market average with strong marketing) Estimated Annual Revenue: At $210/night 60% occupancy = $46,000/year At $240/night 65% occupancy = $57,000/year Realistic range: $46K $57K annually if managed effectively and kept in top condition. CAP RATE OF 10.48% Painting in living area will not convey. All information is deemed reliable but not guaranteed; buyer to verify if important.
- Principal & Interest -
- Property Tax $
- Home Insurance $
- HOA Fees $
- Monthly -
- Covered Spaces: 0.00
- Living Area: 0.00
- High School: Arnold
- Middle School: Surfside
- School Elementary: West Bay
- Garage Spaces: 0.00
- Open Parking Spaces: 0.00
- Parking Features: ParkingLot, Gated
- Pool Features: Fenced, Gunite, InGround, Community
- Carport Spaces: 0.00
- Cooling: CentralAir
- Heating: Central, Electric
- Sewer: PublicSewer
- Utilities: CableConnected, ElectricityAvailable
- Association Amenities: BeachRights, GameRoom, Gated, Gazebo, Barbecue, Sauna
- Home Owners Association Fee: 0.00
- Insurance Expense: 0.00
- Net Operating Income: 0.00
- Other Expense: 0.00
- Pet Deposit: 0.00
- Security Deposit: 0.00
- Trash Expense: 0.00
- Appliances: ElectricOven, ElectricRange, ElectricWaterHeater, IceMaker
- Legal Description: PINNACLE PORT PHASE 1-A UNIT #A1-509 TYPE A ORB 3327 P 1684 1BR 1.5B
- Area Major: 03 - Bay County - Beach
- Occupant Type: Vacant
- Parcel Number: 36463-260-000
- Style: HighRise
- The Range: 0.00
- Unit Number: A509
- View: Gulf, Lake
- Views: 36
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