116 Carillon Market Street # 701, Panama City Beach

$2,600,000

4 Beds
5 Baths
3,623 Sqft
0 Acre
0 Garage

MOTIVATED SELLER! REDUCED $100K FROM ORIGINAL PRICE!
This is the perfect family vacation retreat or Investors' rental dream! Short Term Rentals are allowed.
This coastal contemporary Penthouse with 4 bedrooms, 4 1/2 baths and 3,623 sq ft spans the entire top level of a small 7-story, recently renovated condo building and features a wraparound balcony with unmatched panoramic water views throughout of the Gulf, Lake Carillon and Lake Powell. It's located in the charming, vibrant, gated, community of Carillon Beach which is about 2 miles East of Rosemary Beach. You can stroll to the private, pristine one mile beach in just 4 minutes or relax in the nearby pool with spa. It was completely redone in 2024 with a with a stunning high-end remodel including new windows, appliances and furnishings. There's an elevator entry into a private foyer to Unit 701. The open concept living area with high beamed ceiling, large great room with gas fireplace, wall of glass doors and windows, and a spacious dining room combines the upscale chef's kitchen with island, long breakfast bar and top-of-the-line appliances. The two Master suites also access the balcony with expansive water views, luxurious baths with soaking tub and walkin showers and large walk-in closets. There is a guest room with four, full size bunk beds and private bathroom with tub. It opens onto the wide balcony offering views of Lake Powell. The second guest room with balcony access features a large closet and luxurious bath with a walk-in shower. There is also a powder room and spacious laundry room with plenty of cabinets. This Penthouse is ''one of a kind'! It is the perfect family or corporate retreat or rental investment!

Essential Information
MLS® #985686
Price$2,600,000
Bedrooms4
Bathrooms5.00
Full Baths4
Half Baths1
Square Footage3,623
Year Built2007
TypeResidential
Sub-TypeCondominium
StyleN/A
StatusActive
Community Information
Area27 - Bay County
SubdivisionSunrise and Sunset
CityPanama City Beach
CountyBay
StateFL
Zip Code32413
Address

116 Carillon Market Street # 701

Amenities
ViewGulf, Lake
Is WaterfrontYes
WaterfrontLake Front
Utilities

Gas - Propane, Public Sewer, Public Water, TV Cable, Tap Fee Paid, Underground

Interior
HeatingCentral
CoolingCentral Air, Ceiling Fan(s)
FireplaceYes
FireplacesFireplace Gas
Interior Features

Breakfast Bar, Bookcases, Beamed Ceilings, Crown Molding, Vaulted Ceiling(s), Kitchen Island, Recessed Lighting, Newly Painted, Owner's Closet, Pantry, Shelving, Split Bedroom, Washer/Dryer Hookup, Woodwork Painted, Elevator

Appliances

Dishwasher, Disposal, Dryer, Microwave, Washer, Electric Water Heater

Exterior
Exterior FeaturesBalcony, Sprinkler System
ConstructionConcrete, Stucco
Windows

Double Pane Windows, Window Treatments

School Information
ElementaryHutchinson Beach
MiddleBreakfast Point
HighArnold
Listing Details
OfficeThe Mary Stephens Team
Property History
Price Reduced from $2,650,000 to $2,600,000
Price Reduced from $2,700,000 to $2,650,000
Price Reduced from $2,800,000 to $2,700,000
Price Reduced from $3,250,000 to $2,800,000
Price Increased from $2,999,000 to $3,250,000
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Listing information last updated on October 14th, 2026 at 1:37pm CDT.