1 Bath
330 SqFt
1 Bath
330 SqFt
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 330 sqft
Price per Sqft $581
Subdivision Fontainebleau Terrace
MLS Listing ID 792961
Style Mid Rise
Full Baths 1
HOA Y/N Yes
Year Built 1965
Annual Tax Amount $1,947
Tax Year 2025
Property Sub-Type Condominium
Property Description
This beautifully decorated unit in one of the most iconic buildings on the beach has been newly remodeled and is waiting to make someone an incredibly happy investor!
Although the current owner has only briefly rented the unit, similar ones in the building pull in an incredibly strong rental income nearing $30k annually. That's right... You can get the same income from this gem vs condos that cost $200k more.
Generate a 4% plus annual return on investment - and nearly 8% ROI when you add in appreciation!!!
All the big ticket items have been recently updated - ensuring worry free ownership and maximum profit for years to come!
Unlike ANY other building on the beach, the $895 monthly HOA dues cover EVERY single utility expense - even the electricity!!!
Take 2 seconds to break that down ($150 elec, $80 water, $50 trash, $120 cable/internet, $300 exterior insurance, $30 sewer, $100 exterior maint/grounds, $30 gym = $860 TOTAL), and you will quickly see that you are only paying $35 a month for a pool, the biggest and best beach viewing deck in town, and the closest condos to the sand that PCB has to offer. You will NOT find a better deal anywhere in town!
3rd floor, right on the sand, and perfectly located on the HIGHLY DESIRED west side of the building which guarantees the best sunsets in town.
If you are looking for a beautiful rental unit in the most established building in PCB, or an incredibly relaxing place to call home, this is hands down the best investment on the entire beach!!!
Location
State FL
County Bay
Community Barbecue, Beach, Business Center, Clubhouse, Conference/Meeting Room, Fitness Center, Game Room, Laundry Facilities, Park, Pool, Waterfront, Community Pool, Short Term Rental Allowed
Area 03 - Bay County - Beach
Interior
Interior Features Shower Only
Cooling Window Unit(s)
Fireplace No
Appliance Electric Cooktop, Electric Water Heater
Exterior
Pool Community
Community Features Barbecue, Beach, Business Center, Clubhouse, Conference/Meeting Room, Fitness Center, Game Room, Laundry Facilities, Park, Pool, Waterfront, Community Pool, Short Term Rental Allowed
Utilities Available Cable Connected, High Speed Internet Available
Amenities Available Beach Rights, Business Center, Game Room, Barbecue
Waterfront Description Gulf,Shoreline - Sand
View Y/N Yes
Water Access Desc Gulf,Shoreline - Sand
View Gulf
Roof Type Flat,Membrane
Accessibility Accessible Full Bath, Accessible Common Area, Accessible Closets, Common Area, Accessible Doors, Accessible Entrance
Porch Covered, Patio
Private Pool No
Building
Lot Description Paved
Story 7
Sewer Public Sewer
Architectural Style Mid Rise
New Construction No
Schools
Elementary Schools Hutchison Beach
Middle Schools Surfside
High Schools Arnold
Others
Restrictions Short Term Rentals Allowed
Tax ID 34511-547-000
Special Listing Condition Listed As-Is
Nearby Locations
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