Property
Beds
2
Full Baths
2
1/2 Baths
None
Year Built
1987
Sq.Footage
1,379
WANT TO BE LESS THAN A MILE TO THE NEW TOOTSIES?????? WATERCREST 406 IS WHERE ITS AT!!! Wake up to the sound of waves and step directly onto the sugar-white sands of Panama City Beach from this beautifully positioned beachfront condo. Located on a desirable low floor, this residence offers effortless access while still delivering sweeping Gulf views and the coastal lifestyle buyers seek. The spacious floor plan is designed for comfort and functionality, featuring large bedrooms and a highly sought-after master suite positioned directly on the Gulf. Wake up each morning to panoramic water views and enjoy private balcony access from your own retreat. A separate laundry room adds everyday convenience, while the generous living and dining areas create the perfect space for entertaining family and guests. This building has undergone extensive upgrades, giving buyers peace of mind and modern appeal. Recent improvements include fresh exterior paint, new balcony railings, resurfaced patios, and a newly refinished heated pool--perfect for year-round enjoyment. Even better, there are no current special assessments, and the property has successfully met all required milestones and reserve study standards. Accessibility is enhanced with private elevators located on both the east and west ends of the building, servicing up to the 6th floor for added convenience and privacy. For investors, this property presents an exceptional opportunity. Short-term rentals are allowed, with projected annual rental income ranging from $70,000 to $90,000 depending on owner usage, making it both a luxurious getaway and a strong income-producing asset. Whether you're searching for a primary residence, vacation home, or high-performing rental property, this beachfront condo offers the perfect blend of location, lifestyle, and value on one of Florida's most iconic coastlines.
Features & Amenities
Interior
-
Total Bedrooms
2
-
Bathrooms
2
-
Cooling YN
YES
-
Cooling
Central Air
-
Heating YN
YES
-
Heating
Central, Electric
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Stucco
-
Other Exterior Features
Balcony
-
Parking
Additional Parking, Paved, Parking Lot
-
Pool
Yes
-
Pool Features
Fenced, Electric Heat, In Ground, Community
-
Waterfront YN
YES
-
View
Water
Area & Lot
-
Lot Features
Paved, Waterfront
-
Property Type
Residential
-
Property Sub Type
Condominium
-
Architectural Style
HighRise
Price
-
Sales Price
$625,000
-
Tax Amount
$5,368
-
Zoning
City
-
Sq. Footage
1, 379
-
Price/SqFt
$453
HOA
-
Association
Yes
-
Association Fee Includes
N/A
School District
-
Elementary School
Patronis
-
Middle School
Surfside
-
High School
Arnold
Property Features
-
Stories
18
-
New Construction
NO
-
Association Amenities
Spa/Hot Tub
-
Sewer
Public Sewer
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Location
County
Bay
Elementary School
Patronis
Middle School
Surfside
High School
Arnold
Listing Courtesy of Sassy French , Keller Williams Success Realty
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RealtorĀ®
Jackson Russ
Call Jackson today to schedule a private showing.
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