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- Market Report
- Home Value
Property
Beds
3
Full Baths
3
1/2 Baths
None
Year Built
2005
Sq.Footage
1,577
Welcome to Sunrise Beach Resort Unit 1101, a spacious 3-bedroom, 3-bath GULF-FRONT CORNER condo offering the perfect combination of a memorable family retreat, second home, and investment opportunity in the heart of Panama City Beach! Located on the 11th floor, this larger floor plan comfortably sleeps up to 11 guests, making it especially appealing for extended families, multiple families traveling together, or vacationers looking for more space than the typical beach condo. From the moment you step inside, the Gulf takes center stage. The corner location provides additional windows, abundant natural light, and incredible Gulf views, while the expansive wraparound balcony creates an amazing outdoor living space for morning coffee, sunsets, and enjoying the emerald-green waters and sugar-white sand. The Gulf-front primary suite offers direct balcony access and a private bath with double vanities, garden tub, and separate shower. Two additional bedrooms and two additional full bathrooms provide plenty of room and privacy for family and guests. The open living and dining areas flow into the kitchen featuring granite countertops, stainless appliances, and a breakfast bar. In-unit laundry adds convenience for both owners and vacation guests. For buyers looking for a property they can enjoy personally while also generating rental income, #1101 offers an established rental history. The condo has generated approximately $60,000 in gross annual rental revenue during stronger historical rental periods, with more recent years closer to the mid-$40,000 range. This provides buyers with an opportunity to enjoy the property as a second home while potentially offsetting ownership expenses when they're away. With a 2021 HVAC and new water heater. Don't have the time or desire to manage a vacation rental yourself? An established rental management company located within the complex provides owners with a convenient option for professional management, including reservations, guest communication, and day-to-day rental operations. Sunrise Beach Resort offers an impressive amenity package including TWO Gulf-front swimming pools, hot tubs, a children's splash area, Gulf-front fitness center, BBQ grills, community spaces, and DIRECT BEACH ACCESS. Another standout feature is the covered parking garage located on the Gulf side of Front Beach Road--no pedestrian bridge to cross with luggage, groceries, or beach gear. Owners and guests also enjoy UNLIMITED PARKING, a valuable convenience for a larger 3-bedroom unit accommodating extended families and groups. An additional OWNER'S STORAGE CLOSET located on the 11th floor is available for purchase separately for $15,000, giving an owner the option to securely store personal belongings, beach equipment, supplies, and other items while the condo is being rented. The location is ideal for both personal use and rental guests, with Pier Park, shopping, restaurants, entertainment, fishing, water sports, and family attractions just minutes away. Northwest Florida Beaches International Airport (ECP) is approximately 14 miles away, making this an easy-to-reach second-home destination for owners and guests flying into the area. Whether you're searching for an income-producing Gulf-front property, a spacious second home where the entire extended family can gather, or a combination of both, Sunrise Beach #1101 offers the space, views, location, and flexibility that make Panama City Beach ownership so appealing. Imagine having a place where the whole family can come together, wake up to the Gulf, spend the day on the beach, and end the evening watching the sunset from your 11th-floor wraparound balcony--while having the opportunity to generate rental income when you're not using it. Rental figures are historical and are not a guarantee of future performance. Buyers should independently verify rental income, management terms, HOA information, insurance, taxes, and short-term rental requirem
Features & Amenities
Interior
-
Other Interior Features
Double Vanity, Soaking Tub
-
Total Bedrooms
3
-
Bathrooms
3
-
Cooling YN
YES
-
Cooling
Central Air, Ceiling Fan(s)
-
Heating YN
YES
-
Heating
Central, Electric
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Stucco
-
Other Exterior Features
Balcony
-
Parking
Additional Parking
-
Pool
Yes
-
Pool Features
Gas 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
$728,000
-
Tax Amount
$6,996.44
-
Sq. Footage
1,577
-
Price/SqFt
$461
HOA
-
Association
YES
-
Association Fee
$3,676.76
-
Association Fee Frequency
Quarterly
-
Association Fee Includes
N/A
School District
-
Elementary School
Hutchison Beach
-
Middle School
Surfside
-
High School
Arnold
Property Features
-
New Construction
NO
-
Association Amenities
Management, Pool, Spa/Hot Tub, Clubhouse, Maintenance Grounds, Maintenance Structure, Security, Trash
-
Sewer
Public Sewer
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Location
County
Bay
Elementary School
Hutchison Beach
Middle School
Surfside
High School
Arnold
Listing Courtesy of Vianah Seamon , Think Real Estate
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REALTOR®
Sami Nizam
Call Sami today to schedule a private showing.
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