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Harrison Lilly

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

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11800 Front Beach Rd Unit 1006 , Panama City Beach, FL 32407
$359,900
Est. Payment: $1,825.34/mo
1 Bed
2 Bath
903 Sqft
Status: active | Days on site: 46
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Harrison Lilly
Owner/Operator

House Description

$59,176 in revenue July '25 to June '26: a 17.5% ROI on the asking price! One of the largest and most flexible floor plans at Grand Panama Beach Resort, this spacious 903-square-foot 1-bedroom-plus-bunk-alcove offers two full bathrooms and sleeps six, living far bigger than the typical beach condo. From the 10th floor of Tower 2, a covered private balcony captures sweeping Gulf and main-strip views, the perfect perch for morning coffee or a sunset cocktail. Inside, the king master is a true retreat, with an electric fireplace glowing beneath a wall-mounted TV and an en-suite bath featuring double granite vanities and an oversized walk-in shower, while a second full bathroom, a built-in bunk alcove, a queen sleeper sofa, and two recliners make the open-plan living area endlessly flexible for families and groups. The kitchen is full granite with stainless appliances and a dishwasher, and there is an in-unit washer and dryer. Grand Panama Beach Resort delivers a beachfront free-form pool and a heated rooftop pool atop Tower 2, hot tubs, a seasonal beachside tiki bar, a large fitness center, covered garage parking, an elevated enclosed sky-bridge to the beach, and a hotel-style lobby, while the HOA covers building insurance, water and sewer, cable, and internet for predictable ownership costs. Grand Panama also has storage lockers for owners, and this unit will convey with four of them. Best of all, about 33% of its revenue already comes from direct and repeat bookings, well above the Panama City Beach market average. As an added bonus, the seller's revenue consultant will personally assist the buyer in expanding the property's direct-booking strategy through modern AI, automation, and data-driven revenue management techniques. Space, a second full bath, sleeps-six flexibility, and proven cash flow, all just minutes from Pier Park and Panama City Beach's most popular attractions. Full rent roll available to qualified buyers.

Highlights

Listed by Gleb Alikhver , 404-933-7966 Alikhver Realty , 404-933-7966. Bay County Association of REALTORS

Property Type

Condo/Townhome

HOA Fee

667.87 Monthly

Year Built

2007

County

Bay

Area

03 - Bay County - Beach

Neighborhood

Grand Panama Beach Resort

Listing ID

791283

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:1
  • Bathrooms:2
  • Full Bathrooms:2
Appliances:Washer/Dryer Stacked, Electric Range
Other:
  • Additional:Double Vanity, Home Theater

Exterior Features

Lot Dimensions:0x0
Parking Features:Community Structure
Principal Interest
$1,825
Taxes
$229
HOA
$668

Home Price

$359,900

Loan Details

30 yrs
6.529%

Down Payment

20%
$71,980
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:
$1,825.34

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $1,825.34 $229.44 $667.87 $2,722.65
Yearly $21,904.14 $2,753.24 $8,014.44 $32,671.81
Total $657,124.16 $82,597.05 $240,433.20 $980,154.41

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