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$3,250,000

  • For Sale
  • Active
  • Condo / Townhouse
  • 4 Beds
  • 4 Full Baths
  • 1 Partial Bath
  • 3,623 Sq. Ft.
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This is the perfect family vacation retreat or Investors' rental dream! Short Term Rentals are allowed.This coastal contemporary Penthouse with 4 bedrooms, 4 1/2 baths and 3,623 sq ft spans the entire top level of a small 7-story, recently renovated condo building and features a wraparound balcony with unmatched panoramic water views throughout of the Gulf, Lake Carillon and Lake Powell. It's located in the charming, vibrant, gated, community of Carillon Beach which is about 2 miles East of Rosemary Beach. You can stroll to the private, pristine one mile beach in just 4 minutes or relax in the nearby pool with spa. It was completely redone in 2024 with a renovated in 2004 with a stunning high-end remodel including new windows, appliances and furnishings. There's an elevator entry into a private foyer to Unit 701. The open concept living area with high beamed cailing, large great room with gas fireplace, wall of glass doors and windows, and a spacious dining room combines the upscale chef's kitchen with island, long breakfast bar and top-of-the-line appliances. The two Master suites also access the balcony with expansive water views, luxurious baths with soaking tub and walkin showers and large walk-in closets. There is a guest room with four, full size bunk beds and private bathroom with tub. It opens onto the wide balcony offering views of Lake Powell. The second guest room with balcony access features a large closet and luxurious bath with a walk-in shower. There is also a powder room and spaciious laundry room with plenty of cabinets. This Penthouse is ''one of a kind'! It is the perfect family or corporate retreat or rental investment!

Full Property Details for 116 Carillon Market St # 701

General

  • Price: $3,250,000
  • Taxes: $15,708 (2024)
  • Status: Active
  • Type: Condo /Townhouse
  • Source: Emerald_Coast
  • MLS ID: 985686
  • Updated: 10/10/2025
  • Added to Site: 122 day(s) ago

Interior

  • Rooms/Areas: Bedroom, Dining Room, Great Room, Kitchen, Laundry, Master Bathroom, Master Bedroom
  • Interior Features: Breakfast Bar, Built-In Bookcases, Ceiling Beamed, Ceiling Crwn Molding, Ceiling Raised, Elevator, Fireplace Gas, Floor Vinyl, Furnished - All, Kitchen Island, Lighting Recessed, Newly Painted, Owner's Closet, Pantry, Renovated, Shelving, Split Bedroom, Washer/Dryer Hookup, Window Treatment All, Woodwork Painted
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Gas, Washer

Rooms

Bathrooms

  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 4

Other Rooms

  • Great Room: Great Room
  • Kitchen: Kitchen
  • Dining Room: Dining Room

Additional Information

  • Shared Amenities: BBQ Pit/Grill, Beach, Deed Access, Dumpster, Elevators, Fishing, Gated Community, Pavillion/Gazebo, Pets Allowed, Picnic Area, Pool, Short Term Rental - Allowed, Tennis, Waterfront, Whirlpool
  • Pool: Yes

Exterior

  • Exterior Features: Balcony, Sprinkler System

Location

  • Area: 27 - Bay County
  • County: Bay
  • Subdivision: Sunrise and Sunset
  • Driving Directions: East of E-30A and Hwy 98, and just East of Lake Powell Bridge, turn South on Carillon Market St. Take first left into the parking lot of The Carillon Inn and Sunset Building just beyond. Take the elevator to the 7th floor.

School Information

  • Elementary School: Hutchinson Beach
  • Middle School: Breakfast Point
  • High School: Arnold

Heating & Cooling

  • Heating/Cooling: AC - Central Elect, AC - High Efficiency, Ceiling Fans, Double Pane Windows, Heat Cntrl Electric, Water Heater - Elect

Utilities

  • Utility Description: Gas - Propane, Public Sewer, Public Water, Tap Fee Paid, TV Cable, Underground

Structural Information

  • Construction: Concrete, Stucco
  • Stories/Levels: 0
  • Stories in Building: 7
  • Square Feet: 3,623
  • Sq. Ft. Source: County PA Records
  • Year Built: 2007

Unit Information

  • Units in Building: 13

Lot Features

  • Property View: Gulf, Lake

Water Features

  • Water Front Type: Lake

Financial Considerations

  • Assessment Amount: $5,835
  • Assmt Payment Freq: Quarterly
  • Tax Amount: $15,708
  • Tax Year: 2024
  • Terms: Conventional

Disclosures and Reports

  • Legal Description: SUNRISE AND SUNSET UNIT 701 SUNSET ORB 2898 P 568 ORB 4452 P 57 4BD/4.5BR . 3623 TOTAL SQ.FT.
  • Assessment: Yes
  • APN: 40000-350-013

Listed by The Mary Stephens Team

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Listing agents

— 116 Carillon Market St # 701 —

  • The Mary Stephens Team

  • The Mary Stephens Team

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 116 Carillon Market St # 701

School District:Bay County School District
NameGradesDistance
West Bay Elementary School
14813 School Dr, Panama City Beach, FL 32413
K-57.3 mi
Surfside Middle School
300 Nautilus Street, Panama City Beach, FL 32413
6-88.4 mi
J.R. Arnold High School
550 North Alf Coleman Road, Panama City Beach, FL 32407
9-1210.5 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 116 Carillon Market St # 701 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/10/2025
Price Increased
$3,250,000
8.37%
MLS
9/18/2025
Listed
$2,999,000
99.93%
MLS
8/20/2021
Sold
$1,500,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 116 Carillon Market St # 701

Year
Property Taxes
Change
Tax Assessment
Change
2024
$15,708
-2%
$1,275,000
—
2023
$15,981
8%
$1,275,000
—
2022
$14,787
45%
$1,275,000
51%
2021
$10,183
-17%
$845,750
-15%
2019
$12,299
-4%
$995,000
-3%
2018
$12,878
-6%
$1,025,671
-5%
2017
$13,646
-2%
$1,079,654
—
2016
$13,900
-3%
$1,079,654
—
2015
$14,289
10%
$1,079,654
10%
2014
$12,980
98%
$981,750
76%
2013
$6,556
—
$557,942
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 116 Carillon Market St # 701

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NMLS#: 1598647

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Listed by The Mary Stephens Team

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116 Carillon Market Street # 701, Panama City Beach, FL 32413 (MLS# 985686) is a Condo / Townhouse property with 4 bedrooms, 4 full bathrooms and 1 partial bathroom. 116 Carillon Market Street # 701 is currently listed for $3,250,000 and was received on September 18, 2025. Want to learn more about 116 Carillon Market Street # 701? Do you have questions about finding other Condo / Townhouse real estate for sale in Panama City Beach? You can browse all Panama City Beach real estate or contact a Coldwell Banker agent to request more information.

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