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HighRise

23223 Front Beach Road A509

Panama City Beach , FL 32413

MLS#: 773638

$299,900

Status: Closed
Listing number: 773638
Listing provided by: Beach House Sales and Development
Listing agent phone: None
Last update: 15 days ago
On site: 8 months ago
Browse Properties
Pinnacle Port Phase 1-A - Residential

Property

Beds

1

Full Baths

2

1/2 Baths

None

Year Built

1970

Sq.Footage

N/A

Welcome to your Gulf-front escape at Pinnacle Port, located within the private, gated community of Carillon Beach! This beautifully maintained 2-bedroom, 2-bath condo is sold fully furnished and offers breathtaking views of the Gulf along with a lifestyle of relaxation and convenience. 2025 Budget has been approved and the dues have decreased!! This split-level layout features one bedroom and a full bath on the first floor, while the second level hosts the kitchen, dining area, living room, another full bath, laundry, and a balcony perfect for soaking in panoramic water views. This premier complex offers incredible amenities including two pools (one partially covered), tennis and shuffleboard courts, an exercise room, game room, playground, kayak and canoe rentals, grilling and picnic areas, boat slips, fishing docks, and saunas. Tucked between Lake Powell and the Gulf, you truly get the best of both worlds with nature all around and the beach just steps away. HOA dues cover water, trash, exterior insurance, heating and cooling, and grounds maintenance—leaving only electricity as your utility, which averages just $30/month. Located across from Camp Helen State Park and only five minutes from the upscale shopping, dining, and charm of 30A communities like Rosemary Beach and Alys Beach. For an updated, self-managed, and well-marketed 2BR unit at Pinnacle Port, you can expect: Avg Daily Rental Rate: $210-$240 per night (higher end due to updates and direct bookings) Occupancy: ~60-65% annually (above market average with strong marketing) Estimated Annual Revenue: At $210/night × 60% occupancy = $46,000/year At $240/night × 65% occupancy = $57,000/year Realistic range: $46K-$57K annually if managed effectively and kept in top condition. CAP RATE OF 10.48% Painting in living area will not convey. All information is deemed reliable but not guaranteed; buyer to verify if important.

Features & Amenities

Interior

  • Total Bedrooms

    1

  • Bathrooms

    2

  • Cooling YN

    YES

  • Cooling

    Central Air

  • Heating YN

    YES

  • Heating

    Central, Electric

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Other Exterior Features

    Balcony

  • Parking

    Parking Lot, Gated

  • Pool

    Yes

  • Pool Features

    Fenced, Gunite, In Ground, Community

  • Waterfront YN

    YES

  • View

    Water, Lake

Area & Lot

  • Lot Features

    Waterfront

  • Property Type

    Residential

  • Architectural Style

    HighRise

Price

  • Sales Price

    $299,900

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    Yes

  • Association Fee Includes

    N/A

School District

  • Elementary School

    West Bay

  • Middle School

    Surfside

  • High School

    Arnold

Property Features

  • Association Amenities

    Beach Rights, Game Room, Gated, Barbecue, Sauna

  • Sewer

    Public Sewer

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Location

County

Bay

Elementary School

West Bay

Middle School

Surfside

High School

Arnold

Listing Courtesy of Beth Mulvey , Beach House Sales and Development

RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Agent Celeste Rustin

REALTOR®

Celeste Rustin

Call Celeste today to schedule a private showing.

(850) 238-9595

Celeste@GulfLifeGo.com


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Welcome to your Gulf-front escape at Pinnacle Port, located within the private, gated community of Carillon Beach! This beautifully maintained 2-bedroom, 2-bath condo is sold fully furnished and offers breathtaking views of the Gulf along with a lifestyle of relaxation and convenience. 2025 Budget has been approved and the dues have decreased!! This split-level layout features one bedroom and a full bath on the first floor, while the second level hosts the kitchen, dining area, living room, another full bath, laundry, and a balcony perfect for soaking in panoramic water views. This premier complex offers incredible amenities including two pools (one partially covered), tennis and shuffleboard courts, an exercise room, game room, playground, kayak and canoe rentals, grilling and picnic areas, boat slips, fishing docks, and saunas. Tucked between Lake Powell and the Gulf, you truly get the best of both worlds with nature all around and the beach just steps away. HOA dues cover water, trash, exterior insurance, heating and cooling, and grounds maintenance—leaving only electricity as your utility, which averages just $30/month. Located across from Camp Helen State Park and only five minutes from the upscale shopping, dining, and charm of 30A communities like Rosemary Beach and Alys Beach. For an updated, self-managed, and well-marketed 2BR unit at Pinnacle Port, you can expect: Avg Daily Rental Rate: $210-$240 per night (higher end due to updates and direct bookings) Occupancy: ~60-65% annually (above market average with strong marketing) Estimated Annual Revenue: At $210/night × 60% occupancy = $46,000/year At $240/night × 65% occupancy = $57,000/year Realistic range: $46K-$57K annually if managed effectively and kept in top condition. CAP RATE OF 10.48% Painting in living area will not convey. All information is deemed reliable but not guaranteed; buyer to verify if important.

23223 Front Beach Road A509

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