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Harrison Lilly Team

Owner/Operator | Harrison Lilly Emerald Coast | Harrison Lilly Realty | PLACE

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15617 Front Beach Road 231 A&b , Panama City Beach, FL 32413
$329,900
Est. Payment: $1,822.65/mo
2 Bed
2 Bath
792 Sqft
Status: Active | Days on site: 31
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CPREE - B12742,B5990
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Harrison Lilly Team
Owner/Operator

House Description

TWO UNITS - ONE Purchase-A UNIQUE INVESTMENT OPPORTUNITY DIRECTLY ON PANAMA CITY BEACH! Looking for flexibility, rental potential, and an unbeatable beach location? This unique offering at Ambassador gives you TWO separate living spaces with the ability to use them together or separately. The property includes an updated coastal studio with a full bathroom PLUS a 1-bedroom, 1-bath unit with an additional bunk room. An adjoining door connects the spaces, creating multiple options for owners, guests, or vacation rentals. Use one and rent the other, rent both separately, or open the adjoining door and enjoy them together! This versatile layout provides possibilities that are hard to find along Panama City Beach. Inside, you'll find attractive coastal updates including LVP flooring, shiplap accent walls, and stylish barn doors, creating the relaxed beach atmosphere vacationers are looking for. Ambassador is a low-density, Gulf-front complex, offering owners and guests a more relaxed beach experience without the crowds of a large high-rise. Best of all, you're directly on the beautiful white sands and emerald waters of Panama City Beach. LOCATION, LOCATION, LOCATION! Enjoy being near Pier Park, Top Golf, Pirates Voyage Dinner & Show, restaurants, shopping, entertainment, and many of Panama City Beach's most popular attractions--a major advantage for vacation-rental guests who want to be close to the action. Community amenities include a Gulf-front swimming pool, outdoor hot tub, tiki bar, BBQ grills, and onsite pet area. Another attractive feature is the HOA fee, which covers many essentials for BOTH units, including water, sewer, trash, cable, internet, pest control, and building insurance. Whether you're searching for an income-producing vacation rental, second home, personal beach getaway, or a combination of all three, this property offers exceptional flexibility in one of Panama City Beach's most desirable locations. Two units. Multiple rental possibilities. Steps from the Gulf. One incredible opportunity. Schedule your private showing today!

Highlights

Listed by Kim Limmer , 850-319-7316 and Brandie Allon , 850-960-5990 Coastal Palms Real Estate , 716-912-1447. Bay County Association of REALTORS

Property Type

Condo/Townhome

HOA Fee

1531.52 Monthly

Year Built

1983

County

Bay

Area

03 - Bay County - Beach

Neighborhood

Ambassador Beach Condo

Listing ID

794961

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:2
  • ▪ Bathrooms:2
  • ▪ Full Bathrooms:2
Appliances:Electric Cooktop
Air Cond:Wall Unit(s)
Fireplaces:
Floor:Plank,Vinyl
Other:
  • ▪ Additional:Shower Only

Exterior Features

Lot Dimensions:Condo
Zoning:City, Resort
Others:
  • ▪ Additional:Barbecue, Deck, Outdoor Shower
Sewer:Public Sewer
Parking Features:Parking Lot
Principal Interest
$1,823
Taxes
$180
HOA
$1,532

Home Price

$329,900

Loan Details

30 yrs
7.374%

Down Payment

20%
$65,980
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,822.65

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $1,822.65 $179.74 $1,531.52 $3,533.91
Yearly $21,871.80 $2,156.87 $18,378.24 $42,406.91
Total $656,153.99 $64,706.10 $551,347.20 $1,272,207.29

Today's Rates

30 Year

7.37%

20 Year

7.27%

15 Year

6.8%

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Market insight data is pulled from the same city as the listing being viewed (Panama City Beach, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bay County Association of REALTORS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-10-07T05:07:46.000Z

© 2026 Bay County Association of REALTORS