Property Attributes
- MLS#791283
- TypeCondos
- Listing Status Active
- CountyBay
- CityPanama City Beach
- Area03 - Bay County - Beach
- NeighborhoodGrand Panama Beach Resort
- Zip32407
- Style
- Year Built2007
- Price$ 359,800
- Bedrooms1
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage903
Data Source:
Central Panhandle Association of REALTORS® (CPAR)
Property Description
$59,176 in revenue July '25 to June '26: a 17.5% ROI on the asking price! One of the largest and most flexible floor plans at Grand Panama Beach Resort, this spacious 903-square-foot 1-bedroom-plus-bunk-alcove offers two full bathrooms and sleeps six, living far bigger than the typical beach condo. From the 10th floor of Tower 2, a covered private balcony captures sweeping Gulf and main-strip views, the perfect perch for morning coffee or a sunset cocktail. Inside, the king master is a true retreat, with an electric fireplace glowing beneath a wall-mounted TV and an en-suite bath featuring double granite vanities and an oversized walk-in shower, while a second full bathroom, a built-in bunk alcove, a queen sleeper sofa, and two recliners make the open-plan living area endlessly flexible for families and groups. The kitchen is full granite with stainless appliances and a dishwasher, and there is an in-unit washer and dryer. Grand Panama Beach Resort delivers a beachfront free-form pool and a heated rooftop pool atop Tower 2, hot tubs, a seasonal beachside tiki bar, a large fitness center, covered garage parking, an elevated enclosed sky-bridge to the beach, and a hotel-style lobby, while the HOA covers building insurance, water and sewer, cable, and internet for predictable ownership costs. Grand Panama also has storage lockers for owners, and this unit will convey with four of them. Best of all, about 33% of its revenue already comes from direct and repeat bookings, well above the Panama City Beach market average. As an added bonus, the seller's revenue consultant will personally assist the buyer in expanding the property's direct-booking strategy through modern AI, automation, and data-driven revenue management techniques. Space, a second full bath, sleeps-six flexibility, and proven cash flow, all just minutes from Pier Park and Panama City Beach's most popular attractions. Full rent roll available to qualified buyers.
| Elementary School | Middle School | High School |
|---|---|---|
| Hutchison Beach Elementary School | Surfside Middle School | Arnold High School |
| Price History | |
|---|---|
| 6/12/2026 | Listed $339,000 |
| 6/26/2026 | Listed $339,900 |
| 7/28/2026 | 6$359,900 |
| 8/30/2026 | Listed $359,800 |
General Features
| Utilities | Cable Connected,High Speed Internet Available |
|---|---|
| Property Subtype | Condominium |
| Tax Year | 2025 |
| Community Features | Barbecue,Beach,Business Center,Elevator,Fitness Center,Game Room,Media Room,Pool,Storage Facilities,Waterfront,Community Pool,Short Term Rental Allowed |
| County | Bay |
| Property Type | Residential |
| HOA | true |
| Subdivision Name | Grand Panama Beach Resort |
| Special Listing Conditions | Listed As-Is |
| Status | Active |
| Directions | Grand Panama Beach Resort - Tower 2. Park in parking deck. |
| High School | Arnold |
| City | Panama City Beach |
| MLS Area | 03 - Bay County - Beach |
| Elementary School | Hutchison Beach |
| Middle/Junior High School | Surfside |
| MLS Area Minor | 0318 - Beach - Central South |
| Standard Status | Active |
| Property Sub Type Additional | Condominium |
| Occupancy Type | Tenant |
| Year Built | 2007 |
| Association Fee Includes | Association Management,Cable TV,Insurance,Internet,Maintenance Grounds,Maintenance Structure,Pool(s),Sewer,Trash,Water |
| Heating | Fireplace(s) |
| Appliances | Washer/Dryer Stacked,Electric Range |
| Patio/Porch Features | Balcony |
| View | Gulf,Water |
| Attached Garage | false |
| Garage Y/N | true |
| Total Rooms | 3 |
| Full Baths | 2 |
| Garage Spaces | 2 |
| Architectural Style | High Rise |
| HOA Fee | 667.87 |
| Assoc Fee Paid Per | Monthly |
| Pool Features | Community |
| Security Features | Building Security,Secured Garage/Parking,24 Hour Security |
| Unit Number | 1006 |
| New Construction | false |
| Spa Features | Community |
Interior Features
| Total Baths | 2 |
|---|---|
| Interior Amenities | Double Vanity,Home Theater |
| Furnished Units | All Units |
| Heating Y/N | true |
| Fireplace Y/N | true |
| Total Bedrooms | 1 |
| LivingAreaSource | Appraiser |
| Laundry Features | Stacked |
| Fireplace Features | Electric |
Exterior Features
| Lot Dimensions | 0x0 |
|---|---|
| Parking Features | Community Structure |
| Building Area Total | 903 |
| Waterfront Y/N | false |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Pets
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Condos Average in 32407
In The Neighborhood
Panama City Beach
$ 549,900
- Type
- Condos
- Size
- 1,135 SqFt
- Rooms
- 2 Beds + 2 Baths
Panama City Beach
$ 589,000
- Type
- Condos
- Size
- 1,135 SqFt
- Rooms
- 2 Beds + 2 Baths
Panama City Beach
$ 590,000
- Type
- Condos
- Size
- 1,135 SqFt
- Rooms
- 2 Beds + 2 Baths
Panama City Beach
$ 315,000
- Type
- Condos
- Size
- 903 SqFt
- Rooms
- 1 Beds + 2 Baths
Panama City Beach
$ 315,000
- Type
- Condos
- Size
- 903 SqFt
- Rooms
- 1 Beds + 2 Baths
Panama City Beach
$ 315,000
- Type
- Condos
- Size
- 903 SqFt
- Rooms
- 1 Beds + 2 Baths
Panama City Beach
$ 549,000
- Type
- Condos
- Size
- 1,135 SqFt
- Rooms
- 2 Beds + 2 Baths
Panama City Beach
$ 595,000
- Type
- Condos
- Size
- 1,135 SqFt
- Rooms
- 2 Beds + 2 Baths
Panama City Beach
$ 395,000
- Type
- Condos
- Size
- 1,135 SqFt
- Rooms
- 2 Beds + 2 Baths
Panama City Beach
$ 729,900
- Type
- Condos
- Size
- 1,431 SqFt
- Rooms
- 3 Beds + 2 Baths
Panama City Beach
$ 590,000
- Type
- Condos
- Size
- 1,135 SqFt
- Rooms
- 2 Beds + 2 Baths
Panama City Beach
$ 590,000
- Type
- Condos
- Size
- 1,135 SqFt
- Rooms
- 2 Beds + 2 Baths
Emerald Coast Association of REALTORS®, Inc. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers
Listing data provided by: Central Panhandle Association of Realtors (CPAR)
Information deemed reliable but not guaranteed. The information is provided exclusively 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.