2 months on rocket

16320 Front Beach Rd, Panama City Beach, FL, 32413

$3,750,000

7 Bedrooms
8 Full Baths
4,693 SqFt
$799/SqFt
House
Schools Nearby

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Driveway, Garage
Attached Garage1 space
Year Built2024
HeatingCentral, Electric
CoolingCentral Air, Electric, Multi Unit(s)
ViewGulf
Private PoolYes
MLS #744128
Lot Size0.10 Acres
StatusActive

About 16320 Front Beach Rd

Seeking the epitome of luxury beach living with an enticing income potential? Welcome to an exquisite new construction beach home, meticulously crafted to captivate the discerning eye of high-end real estate investors. This three-level, 7-bedroom, 8-bathroom masterpiece, complete with an elevator and private pool, presents a rare opportunity to secure your slice of paradise. Anticipated completion March 2024, sold fully-furnished.Nestled across the street from the Gulf of Mexico, prepare to be mesmerized by breathtaking Gulf views unfolding from the second and third floor balconies, providing an idyllic backdrop for an enviable coastal lifestyle.Meticulously crafted with unparalleled attention to detail, this remarkable property offers an array of indulgent amenities designed to cater to your every whim. Imagine hosting gatherings, where culinary masterpieces can be created in the gourmet kitchen. Impeccably designed, the spacious chef's kitchen features top-of-the-line stainless steel appliances, sleek countertops, and ample storage space. The center island, doubling as a breakfast bar, invites you to create culinary masterpieces while savoring the company of loved ones, elevating cooking to an art form. Delight in alfresco dining amidst the privacy of your own backyard oasis, complete with a tranquil private pool and an invigorating outdoor shower. The addition of a 1-car garage ensures both luxury and security for your esteemed vehicle.Positioned in a prime location steps away from public beach access and adjacent to the prestigious Pier Park, this property harmoniously blends exclusivity with convenience. Immerse yourself in the vibrant atmosphere of Panama City Beach's premier shopping and restaurant venues, enhancing your coastal experience.Within the opulent three-level layout, a private elevator grants effortless access to each floor. Seven luxurious bedrooms, strategically positioned to maximize views, provide serene sanctuaries for relaxation. The two Gulf-facing primary suites epitomize grandeur, complemented by spa-like ensuites boasting dual vanities, custom-tiled wet rooms, and walk-in wardrobes. There are 3 additional bedroom suites, each with dedicated ensuites, ensuring optimal comfort and privacy for guests.The potential for impressive rental income is undeniable, with projected annual revenues reaching nearly $300,000. This presents a compelling opportunity for savvy investors seeking lucrative returns or those desiring a lavish beach home along the picturesque coastline. To truly appreciate the allure of this exquisite property, we cordially invite you to schedule a private viewing and embark on a journey towards the coastal lifestyle you deserve.For a seamless transition, renowned interior designer Lori Bates Interiors is providing furnishings and decor. Pictures will be updated soon. Please note that renderings and drawings are subject to change.Don't miss the opportunity to elevate your real estate portfolio and experience the pinnacle of luxury living. Schedule your private viewing today and unlock the door to the coastal retreat of your dreams.

Property Details

Property Features

Property Information:

  • Architectural Style: Coastal
  • Year Built: 2024
  • Living Area: 4,693 SqFt

Listing Office:

  • Office Name: eXp Realty, LLC

Interior Features

Interior Information:

  • Flooring Type: Plank, Tile, Vinyl
  • Interior: Elevator, Kitchen Island, New Paint, Pantry, Split Bedrooms, Natural Woodwork

Bedroom and Bathroom Information:

  • Full Bathrooms: 8
  • Total Bedroom Count: 7

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • View: Gulf
  • Exterior: Balcony, Fence, Sprinkler/Irrigation, Pool, Porch

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Attached, Driveway, Garage

Lot Features

Lot Information:

  • Lot Size: 0.10 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Electric, Multi Unit(s)

School Info

Assigned Schools Information:

  • J.R. Arnold High School, Public District Grades 9-12
  • Surfside Middle School, Public District Grades 6-8
  • Hutchison Beach Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: From Pier Park, head west on Front Beach Road,

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,750,000
  • Price Per SqFt: $799/SqFt
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Housing Market Comparison

See how this home compares to others in Panama City Beach, FL.

Med. Sold Price

$479.9K

Med. Price/SqFt

$352

Avg. Days On Market

95

# of Sold Homes

114

16320 Front Beach Rd vs Panama City Beach

69 DAYS ON ROCKET

-26 Days

$3,750,000

+$3.2M More

$799/SqFt

+$446 More

KEY TAKEAWAY

This property is $3.2M more than the Median Sold Price and $446/SqFt more than other homes in Panama City Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BCAR
  • MLS Number: #744128

Listing Office:

  • Office Name: eXp Realty, LLC

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange program of Central Panhandle Association of REALTORS®. IDX 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. Information deemed reliable but not guaranteed. Properties subject to prior sale, change, withdrawal or rental. Copyright© 2024 Central Panhandle Association of REALTORS.© All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/1/2024, 12:55:19 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$18.7K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$11.3K

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3998383
5
/10
  • Hutchison Beach Elementary School

  • 12900 Hutchison Blvd

  • 2.80 miles

  • Public District Grades PK-5

Middle School

school-card-donut-3998384
5
/10
  • Surfside Middle School

  • 300 Nautilus St

  • 1.72 miles

  • Public District Grades 6-8

High School

school-card-donut-3998385
5
/10
  • J.R. Arnold High School

  • 550 N Alf Coleman Rd

  • 4.03 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $45,887. Residents of Panama City Beach, FL typically earn between $35k-100k each year. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 16320 Front Beach Rd

What is the listing price of this property?

The listing price of 16320 Front Beach Rd property is $3,750,000.

What type of property is this?

The property 16320 Front Beach Rd is a house located in Panama City Beach, Florida, 32413.

Is this property for sale now?

Active Listing: 16320 Front Beach Rd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 16320 Front Beach Rd are:
Hutchison Beach Elementary School: GreatSchools Rating 5/10
Surfside Middle School: GreatSchools Rating 5/10
J.R. Arnold High School: GreatSchools Rating 5/10

How many bedrooms and bathrooms does this property have?

The property at 16320 Front Beach Rd has 7 bedrooms and 8 bathrooms.

What is the square footage of this property?

The property 16320 Front Beach Rd is 4,693 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 16320 Front Beach Rd is 2024.
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Rocket HomesFloridaBay CountyPanama City Beach3241316320 Front Beach Rd

This home is located at 16320 Front Beach Rd in Panama City Beach, FL and zip code 32413 in the Lullwater Beach On Gulf Of Mexico neighborhood. This 4,693 square foot home, which was built in 2024, sits on a 0.10 acre lot. Features: 7 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since February 21, 2024 and is currently priced at $3,750,000.

In March 2024 more than 7 listings in Panama City Beach, FL were sold above the asking price. During the same period more than 22 listings were sold at asking price, while more than 85 were sold below. The inventory of homes for sale in Panama City Beach, FL between February 2024 and March 2024 increased by 9.3%. In March 2024 median list price was $479,991 and the average listing age was 95 days.

From Rocket Homes Real Estate and based on county public records data.

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