$634,000

16819 Front Beach Rd Unit 1608 Panama City Beach, FL 32413

$7,529
Closing credit¹
2 beds
2 full
1,593 sqft
$398 / sqft
Condo

Property details

About 16819 Front Beach Rd Unit 1608

COMPLETELY REMODELED, RENOVATED, WITH ALL NEW FURNISHINGS AND MASSIVE RENTAL INCOME. Tidewater Beach Resort #1608 in Panama City Beach, Florida, is a highly desirable property with its spacious two-bedroom, two-bathroom layout with 1593 square feet and stunning balcony with panoramic views. The unit has been recently remodeled with custom furnishings, making it an attractive option for both owners and renters alike. Despite the owners frequent use of the property, it still generates substantial rental income. With the potential to exceed $70,000 in gross rental income when fully booked, its clear that this condo offers a significant return on investment. Even with heavy owner usage, it has consistently brought in impressive rental income, showcasing its appeal to vacationers. With heavy owner usage, the condo generated $38,723 in rental income in 2024 (the owner used this property as a second home, so the rental income could easily exceed $70,000 if fully booked). Situated in the middle of Tidewater, the condo boasts breathtaking views of the Emerald Coasts emerald waters. The amenities offered by Tidewater Beach Resort are top-notch, ensuring that guests have everything they need for a memorable stay. From multiple pools and hot tubs to a fitness center, game room, and even a movie theater, theres no shortage of entertainment options. Plus, the proximity to Pier Park, with its fireworks displays, adds an extra layer of excitement to the location. Overall, Tidewater Beach Resort #1608 is a true delight for both owners and guests. Its combination of luxury, convenience, and income potential makes it a standout property in Panama City Beach.

Highlights

Home typeCondominium
HeatingCentral
StatusActive
CoolingCentral Air
Size1,593 sqft
Year built2007
MLS #966983
WaterfrontOther, Gulf, Sandy Shoreline
ViewGulf

Summary

  • MLS Number: 966983
  • MLS Name: Emerald Coast Association of REALTORS®
  • Office Name: Keller Williams Realty SRB
  • Office Email: kwectl209@gmail.com
  • Listing Agent: Mike Herring

IDX Information Deemed Reliable but not guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright 2025. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/15/2025, 12:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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living room featuring crown molding, a water view, a wealth of natural light, and a wall of windows

$634,000

16819 Front Beach Rd Unit 1608

$7,529

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
Mar 16, 2022
Home Sold
$625,000
Jan 23, 2019
Home Sold
$372,500
Aug 27, 2014
Home Sold
$315,000
Feb 29, 2008
Home Sold
$294,600

Tax history

YearAssessmentProperty Tax
2023$533,375$6,728
2022$459,000$4,851
2021$328,950$4,851
2020$321,300$3,872
2018$284,750$3,491
2017$284,750$3,234

History based on county public records data.

Nearby schools

7

Hutchison Beach Elementary School

Public District KG-5

3.3 mi

12900 Hutchison Blvd

5

West Bay Elementary School

Public District KG-5

5.0 mi

14813 School Dr

7

Patronis Elementary School

Public District KG-5

8.1 mi

7400 Patronis Dr

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $45,887. The majority of Panama City Beach, FL residents have income between $35k-100k annually. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

35%
<35k
52%
35k-100k
11%
100k-200k
2%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

56%
Single, No Kids
6%
Single, with Kids
26%
Married, No Kids
12%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

8%
<11 yrs old
6%
12-17 yrs old
19%
18-34 yrs old
48%
35-64 yrs old
19%
65+ yrs old

What do the neighbors do for fun?

  • Figure SkatingFigure Skating
  • NASCARNASCAR
  • Pro WrestlingPro Wrestling

Where do the neighbors shop?

  • KmartKmart
  • Dollar GeneralDollar General
  • Family DollarFamily Dollar

Where do the neighbors go to eat?

  • Bob EvansBob Evans
  • Cracker BarrelCracker Barrel
  • Dominos PizzaDominos Pizza

What do the neighbors drive?

  • BuickBuick
  • RamRam
  • FordFord

What do the neighbors listen to?

  • OldiesOldies
  • Classic CountryClassic Country
  • New CountryNew Country
All data provided by Home Junction and Claritas

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Frequently asked questions

About 16819 Front Beach Rd Unit 1608

This home is located at 16819 Front Beach Rd Unit 1608 in Panama City Beach, FL and zip code 32413. This 1,593 square foot home was built in 2007. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 5, 2025 and is currently priced at $634,000.

While more than 0 listings in Panama City Beach, FL in February 2025 were sold above asking price, there were more than 11 listings sold at asking price, and more than 75 were sold below. The number of homes for sale in Panama City Beach, FL increased by 8.1% between January and February 2025. While the average time on the market in February 2025 was 120 days, the median list price was $449,377.

From Rocket Homes Real Estate and based on county public records data.

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