$569,500
Reduced $55,500 from the original list price of $625,000
Gulf front · Fully furnished · Short-term rental allowed
Gulf, sand shoreline and water view · stucco construction · additional parking, paved, parking lot parking · Currently tenant-occupied
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.
Interior Features: Balcony, Double Vanity, Main Level Primary, Tub Shower
Appliances: Washer Dryer Stacked, Electric Oven, Electric Water Heater
Association Amenities: Spa Hot Tub
Pool: Fenced, Electric Heat, In Ground, Community
Security: Building Security, Fire Sprinkler System, Twenty Four Hour Security, Security Guard, Fire Alarm, Smoke Detectors, Security Service
Heating: Central, Electric
Cooling: Central Air
Architectural Style: High Rise
Square Footage Source: Appraiser
Listed by Sassy French, Keller Williams Success Realty · sassyrealtor850@gmail.com
