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$387,500

  • Sold
  • Closed
  • Condo
  • 1 Bed
  • 2 Full Baths
  • Updated 19 hours ago
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Prime Gulf-Front Investment Opportunity in Sterling Breeze - Turnkey & Revenue-Ready! Discover your piece of Panama City Beach paradise at Sterling Breeze, a boutique beachfront gem right in the action-packed tourism district--steps from the excitement of Pier Park! With new hotspots like Topgolf and Dolly Parton's Pirates Voyage boosting year-round visitor appeal, this location delivers endless entertainment, dining, and shopping for renters. Unit 1505 stands out with its expansive 115 sq ft gulf-side balcony--one of the largest in the area--complete with a rare built-in grill (a true standout feature few complexes offer). Soak in unobstructed views of the Gulf of Mexico and the iconic Russell-Fields Pier, the ultimate spot for front-row seats to the region's biggest fireworks shows on July 4th and New Year's Eve. This 1-bed/2-bath condo has proven its earning power even through tougher economic times: 2023 Gross Revenue: $38,816.84 2024 Gross Revenue: $33,882.61 2025 Gross Revenue: $29,842 With tourism stabilizing and demand trends showing strong recovery potential into 2026 (median STR revenues climbing in PCB), this unit is positioned for growth as an Airbnb/VRBO favorite. Resort-style amenities make it effortless: two new elevators, welcoming lobby, fitness center, stunning saltwater pool, seasonal poolside snack bar, expansive pavestone sundeck, hot tub, firepit, and lakeside games (bocce ball & horseshoes) under the freshly renovated parking structure. Sterling Breeze is financially rock-solid--no special assessments on the horizon! Reserves fully funded, HOA owns revenue-generating commercial parcels to offset expenses, Recent roof replacement, Elevators only 2-3 years old, Parking garage just renovated, Building exterior painting bids underway, and Monthly HOA fees have actually decreased--a rare win for owners! Fully furnished and ready for immediate rentals or personal use. Don't miss this chance to own in one of PCB's most desirable beachfront spots. Schedule your showing today--opportunities like this don't last in this market!

Full Property Details for 16701 Front Beach Rd #1505

General

  • Sold For: $387,500
  • Taxes: $4,220 (2025)
  • Status: Closed
  • Type: Condo
  • Source: Bay_County
  • MLS ID: 778578
  • Added to Site: 218 day(s) ago

Interior

  • Number of Rooms: 7
  • Interior Features: Smart Thermostat
  • Appliances: Washer/Dryer Stacked, ENERGY STAR Qualified Appliances, Electric Range, Electric Water Heater

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 1

Other Rooms

  • Laundry: Stacked

Additional Information

  • Shared Amenities: Picnic Area, Spa/Hot Tub
  • Pool: Yes
  • Pool Description: Electric Heat, In Ground, Salt Water, Community
  • Spa Description: Community
  • Security/Safety: Carbon Monoxide Detector(s), Fire Sprinkler System, Fire Alarm

Exterior

  • Porch/Patio/Deck: Balcony

Parking

  • Parking Features: Paved, Community Structure

Location

  • County: Bay
  • Subdivision: Sterling Breeze
  • Driving Directions: Panama City Beach Parkway (Hwy 98), to South on Arnold Rd. (Hwy 79), Lt. on Front Beach Rd. (Hwy 30), Lt. into Parking Structure

School Information

  • Elementary School: Hutchison Beach
  • Middle School: Surfside
  • High School: Arnold

Community

  • Community Name: 03 - Bay County - Beach
  • Association: Yes

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air, Ceiling Fan(s), Heat Pump
  • Heating Type: Central, Electric, Forced Air, Heat Pump

Utilities

  • Sewer: Public Sewer
  • Utility Description: Cable Connected, Electricity Available, High Speed Internet Available, Underground Utilities, Phone Available

Structural Information

  • Architectural Style: High Rise
  • Construction: Steel Frame, Stucco, Structural Insulated Panels
  • Roof: Flat, Membrane
  • Windows: Double Pane Windows
  • Elevator: Yes
  • Stories/Levels: 21
  • Sq. Ft. Source: Appraiser
  • Year Built: 2008
  • Other Struct. Feat.: Dumpster

Lot Features

  • Property View: Gulf
  • Lot Dimensions: no land conveys
  • Frontage: City Street
  • Lot Features: Paved
  • Zoning: Resid Multi-Family, Resort

Water Features

  • Water Front: Yes
  • Water View: Yes
  • Water Front Desc.: Gulf, Shoreline - Sand
  • Water Front View: Gulf, Shoreline - Sand

Green Features

  • Energy Efficient: Appliances

Financial Considerations

  • Tax Amount: $4,220
  • Tax Year: 2025

Disclosures and Reports

  • Special Conditions: Listed As-Is
  • Legal Description: STERLING BREEZE CONDOMINIUM TYPE C UNIT 1505 ORB 3021 P 2025 1BR 1BUNK 2BA 914 H&C ORB 4228 P 1451 126 BALC
  • Property ID: 40001-175-087

Listed by Berkshire Hathaway HomeServices Beach Properties of Florida
Sold by The Premier Property Group

Listing agent

— 16701 Front Beach Rd #1505 —

  • Berkshire Hathaway HomeServices Beach Properties of Florida

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 16701 Front Beach Rd #1505

School District:Bay County School District
NameGradesDistance
Hutchison Beach Elementary School
12900 Middle Beach Rd, Panama City, FL 32407
K-53.2 mi
Surfside Middle School
300 Nautilus Street, Panama City Beach, FL 32413
6-82.1 mi
J.R. Arnold High School
550 North Alf Coleman Road, Panama City Beach, FL 32407
9-124.3 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 16701 Front Beach Rd #1505

Date
Details
Price
Change
Source
4/08/2026
Sold
$387,500
-1.65%
MLS
2/23/2026
Price Reduced
$394,000
-1.5%
MLS
12/09/2025
Price Reduced
$399,999
-1.23%
MLS
11/17/2025
Price Reduced
$405,000
-0.74%
MLS
10/10/2025
Price Reduced
$408,000
-0.49%
MLS
9/04/2025
Listed
$410,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Berkshire Hathaway HomeServices Beach Properties of Florida
Sold by The Premier Property Group

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16701 Front Beach Road #1505, Panama City Beach, FL 32413 (MLS# 778578) is a Condo property that was sold at $387,500 on April 08, 2026. Want to learn more about 16701 Front Beach Road #1505? Do you have questions about finding other Condo 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.