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23223 Front Beach Road A509, Panama City Beach, FL 32413

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For Sale

$309,900

1 beds2 baths887 sqft

Estimated Payment

$      /mo.

APR for 30 years

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  • Condominium
    Property type

  • $349.38
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Welcome 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 maintenance--leaving 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/yearAt $240/night 65% occupancy = $57,000/yearRealistic 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.
MLS# 773638

Courtesy Of Beach House Sales and Development, LLC

(850) 919-3500

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Water Front
  • Appliances
    Dishwasher, Dryer, Ice Maker, Microwave, Oven, Range, Refrigerator, Washer
  • Architecture Style
    High Rise
  • Exterior Type
    Block, Concrete
  • Rooms
    Kitchen, Living Room
  • View Type
    Lake

Home seller CENTURY 21 Ryan Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $0
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $0

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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