This very spacious gulf front townhome has a fantastic location on the bright crystalline shoreline in a three-story building in Panama City Beach at 17873 Front Beach Rd #D. It could become your favorite "Forever Vacation Home" or provide a fantastic rental investment property.
Our highly acclaimed Ocean Reef Resorts property management division represents this vacation rental home, known as Blessed. The current gross annual rental income stands at $122,000 so far this year. It's to no surprise since this highly sought-after Laguna Beach neighborhood is minutes away from all the fun this area has to offer. It provides privileged private beachfront residency in a residential building that includes only four other units. This premium locale features spectacular views across the sugar-white dunes that face the glowing jewel-toned gulf waters. These breathtaking views extend as far as the eye can see into the sunny southern horizon.
Besides the beautiful beach, this small residential enclave also has a swimming pool overlooking the gorgeous gulf. This 2,353 square foot beach vacation home comes completely furnished and very nicely decorated with four bedrooms that include private ensuite baths. An additional half bath off the open living area serves as a convenient powder room.
The open living area faces the beach on the first floor, including the living, dining, and kitchen areas. Light blue interior walls and creamy latte-colored furnishings provide an inviting look. It is accented by rich golden honey-toned hardwood flooring that provides a warm feel. A wraparound couch adorned with colorful pillows faces the glittering gulf, as well as a large wall-mounted flatscreen TV for entertainment. A regal-looking white captain's sea chest for a cocktail table and a sleek, high-backed accent chair complete this comfortable seating ensemble.
Two sets of sliding glass doors frame the sparkling seascape and lead out to an open sundeck. This deck spans its entire width and includes an umbrella table along with extra seating so that you may experience the breezy gulf vistas while entertaining. You will find yourself spending a lot of time here sipping favorite drinks, dining al fresco, enjoying the vivid views, and listening to the soothing surf sounds.
Off to the side of the living area, a mottled granite topped Wet Bar makes entertaining easy.
A dining area nearby includes a rectangular cream-colored country table beneath a beaded beach-inspired electric candle chandelier with seating for eight. The two wood carved white decorative end chairs with woven straw-thatched seats are flanked by three pale blue criss-cross backed chairs on each side with a charming cottage-style look.
Five white stools with round matching pale blue tops sit nearby beside a marzipan-toned mottled granite bar that provides additional space for wining and dining. They face the open galley kitchen with white cabinetry and brushed stainless steel appliances. It includes everything you need to prepare a fun family feast.
The bedrooms are all on the second and third-floor levels. Two of them are King Master Suites with private baths and a romantic balcony to enjoy the views and soothing surf sounds. The primary Master Suite is on the top level for supreme views. It features a luxury bath with a deep garden tub and a window looking out over the glorious gulf.
A Guest Bedroom is located on each level with an additional private bath. They each include a queen-sized bed and bunk bed, making an excellent arrangement for vacationing families with kids. This lovely townhome can accommodate up to fourteen beach-going guests. Comfortable cottage-style furnishings throughout this gracious home are embellished with sea prints, marine life wall sculptures, and beach-inspired décor.
Although this gulf front townhome makes you feel a world apart from everything, it places you close to family fun. Many amusements are only ten minutes away, including Ship Wreck Island, Coconut Creek Miniature Golf, and Gulf World, to name a few. It is also close to grocery stores, wine shops, popular restaurants, beach bars, and shopping adventures. Many of them are located at Pier Park, a pedestrian-friendly shopper's paradise less than a handful of minutes away. It is anchored by a 1,500 linear foot pier that is one of the longest on the entire gulf. For a minimum nominal fee, it is open for fishing and sightseeing to enjoy the bright offshore views. Pier Park includes many wonderful restaurants, bars with live music, fashion boutiques, specialty shops, and a giant IMAX theater. Fun festivals, outdoor concerts, and lavish firework displays are featured here throughout the year.
This spacious, fully furnished gulf front townhome that's ready for immediate turnkey use is listed for $1,500,000. Currently, there are only three other gulf-front residences listed for sale in Panama City Beach with four bedrooms and a comparable amount of square footage. They are listed at $1,250,000, $1,450,000 and $1,575,000.
If you are interested in buying a beach vacation home and lucrative rental investment property, contact our Ocean Reef Real Estate office today at 877-392-6085. We will provide you with complete information, current detailed gross annual income data and set up a private tour at your convenience.