Property Attributes
- MLS#792961
- TypeCondos
- Listing Status Active
- CountyBay
- CityPanama City Beach
- Area03 - Bay County - Beach
- NeighborhoodFontainebleau Terrace
- Zip32413
- Style
- Year Built1965
- Taxes$ 1947
- Price$ 180,000
- Bedrooms0
- Full Bathrooms1
- Half Bathrooms0
- Sqr Footage330
Data Source:
Central Panhandle Association of REALTORS® (CPAR)
Property Description
OWNER FINANCING!!! ASSESSMENT FREE!!! BRAND NEW HVAC!!! AMAZING UPDATES!!! UNBELIEVABLE SUNSET VIEWS!!! 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!!!
| Elementary School | Middle School | High School |
|---|---|---|
| Hutchison Beach Elementary School | Surfside Middle School | Arnold High School |
| Price History | |
|---|---|
| 7/21/2026 | Listed $192,000 |
| 8/26/2026 | 6$180,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Utilities | Cable Connected,High Speed Internet Available |
| Property Subtype | Condominium |
| Tax Year | 2025 |
| 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 |
| County | Bay |
| Property Type | Residential |
| HOA | true |
| Subdivision Name | Fontainebleau Terrace |
| Special Listing Conditions | Listed As-Is |
| Status | Active |
| Directions | Traveling East From Pier Park on Front Beach Road, Fontainebleau is approx. 3/4 mile on beach side of the road. Unit 312 is on the 3rd floor. Get off of the elevator, turn left, and then turn right. |
| High School | Arnold |
| City | Panama City Beach |
| MLS Area | 03 - Bay County - Beach |
| Elementary School | Hutchison Beach |
| Tax Annual Amount | 1947.89 |
| Middle/Junior High School | Surfside |
| MLS Area Minor | 0318 - Beach - Central South |
| Standard Status | Active |
| Property Sub Type Additional | Condominium |
| Association Amenities | Beach Rights,Business Center,Game Room,Barbecue |
| Occupancy Type | Tenant |
| Waterfront Features | Gulf,Shoreline - Sand |
| Year Built | 1965 |
| Association Fee Includes | Clubhouse,Cable TV,Electricity,Fitness Facility,Insurance,Internet,Legal/Accounting,Maintenance Grounds,Pest Control,Pool(s),Sewer,Trash,Water |
| Cooling | Window Unit(s) |
| Appliances | Electric Cooktop,Electric Water Heater |
| Patio/Porch Features | Covered,Patio |
| Construction Materials | Concrete,Stucco |
| View | Gulf |
| Garage Y/N | false |
| Total Rooms | 1 |
| Full Baths | 1 |
| Architectural Style | Mid Rise |
| Stories Count | 7 |
| HOA Fee | 895 |
| Assoc Fee Paid Per | Monthly |
| Pool Features | Community |
| Unit Number | 305 |
| Building Features | Dumpster |
| New Construction | false |
| Accessibility | Accessible Full Bath,Accessible Common Area,Accessible Closets,Common Area,Accessible Doors,Accessible Entrance |
| Number Of Units Total | 124 |
| Roof | Flat,Membrane |
Interior Features
| Total Baths | 1 |
|---|---|
| Interior Amenities | Shower Only |
| Furnished Units | All Units |
| Air Conditioning Y/N | true |
| LivingAreaSource | Appraiser |
| Total Stories | 7 |
Exterior Features
| Lot Features | Paved |
|---|---|
| Lot Dimensions | N/A |
| Road Frontage Type | City Street |
| Building Area Total | 330 |
| Waterfront Y/N | true |
| Road Responsibility | Public Maintained Road |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Pets
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Emerald Coast Association of REALTORS®, Inc. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers
Listing data provided by: Central Panhandle Association of Realtors (CPAR)
Information deemed reliable but not guaranteed. The information is provided exclusively for consumers personal, non-commercial use and 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. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating