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Harrison Lilly

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

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15625 Front Beach Rd Unit 1603 , Panama City Beach, FL 32413
$1,200,000
Est. Payment: $6,086.17/mo
3 Bed
3 Bath
1594 Sqft
Status: active | Days on site: 10
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Harrison Lilly
Owner/Operator

House Description

Welcome to AQUA 1603, where luxury meets the Gulf in one unforgettable coastal retreat. This exquisite, professionally remodeled residence is a true showstopper, combining sophisticated design, exceptional views, a highly desirable floor plan, and impressive rental performance in one of Panama City Beach's premier Gulf-front developments. Perfectly positioned on the 16th floor in AQUA's sought-after 03 stack, Aqua 1603 offers an ideal central location within the building, not too high and not too low, while capturing sweeping Gulf and coastline views to both the east and west. One of the most distinctive features of this residence is its rare private balcony, a feature unique among AQUA's three-bedroom residences. Beautifully appointed with upscale outdoor furnishings, this incredible space feels like an extension of the home and provides the perfect setting for morning coffee, sunset cocktails, or simply relaxing while overlooking the emerald waters of the Gulf of Mexico. Step inside and the attention to detail is immediately apparent. Professionally remodeled and exquisitely furnished, Aqua 1603 delivers an elevated, almost castle-like sense of luxury while still maintaining the warmth and comfort of a sophisticated coastal retreat. Every finish, furnishing, piece of artwork, and decorative detail has been thoughtfully selected to create a residence that feels both elegant and inviting. Adding even more value and versatility is an additional room located near the entry. This beautiful flex space can function as a library, sitting room, breakfast area, or additional sleeping room. It is currently utilized as a fourth bedroom, allowing the property to be positioned in the vacation rental market as a four-bedroom residence and helping expand guest capacity and rental appeal. Aqua 1603 is extremely well positioned in the vacation rental market, consistently creating exceptional guest experiences and producing approximately $75,000 to $90,000 in annual rental income, depending on rates, occupancy, market conditions, and owner use. From the professionally designed interiors and flexible four-bedroom configuration to the rare private balcony, breathtaking Gulf views, and strong income-producing potential, Aqua 1603 offers an extraordinary combination of luxury, location, lifestyle, and investment opportunity. Aqua 1603 isn't simply another Gulf-front condominium. It's a destination of its own. Come experience the view, the luxury, and the lifestyle that make this remarkable residence truly unforgettable.

Highlights

Listed by Melissa Harris , 770-354-6442 MJH Real Estate Brokerage, LLC , 770-354-6442. Bay County Association of REALTORS

Property Type

Condo/Townhome

HOA Fee

964.44 Monthly

Year Built

2007

County

Bay

Area

03 - Bay County - Beach

Neighborhood

Aqua

Listing ID

793808

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:3
  • Bathrooms:3
  • Full Bathrooms:3
Appliances:Washer/Dryer Stacked, Electric Cooktop, Electric Oven, Electric Water Heater, Ice Maker
Air Cond:Central Air,Ceiling Fan(s)
Fireplaces:
Other:
  • Additional:Balcony, Double Vanity, Main Level Primary, Separate Shower

Exterior Features

Lot:Paved
Lot Dimensions:CONDO
Zoning:Resid Multi-Family
Sewer:Public Sewer
Parking Features:Electric Gate,Paved,Parking Lot
Principal Interest
$6,086
Taxes
$765
HOA
$964

Home Price

$1,200,000

Loan Details

30 yrs
6.529%

Down Payment

20%
$240,000
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:
$6,086.17

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $6,086.17 $765.00 $964.44 $7,815.61
Yearly $73,034.08 $9,180.00 $11,573.28 $93,787.36
Total $2,191,022.49 $275,400.00 $347,198.40 $2,813,620.89

Today's Rates

30 Year

6.53%

20 Year

6.33%

15 Year

5.93%

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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: 2026-08-20T06:33:19.000Z

© 2026 Bay County Association of REALTORS