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Key Details
Sold Price $850,000
Property Type Condo
Sub Type Condominium
Listing Status Sold
Purchase Type For Sale
Square Footage 1,637 sqft
Price per Sqft $519
Subdivision Ocean Ritz
MLS Listing ID 757467
Sold Date 12/02/24
Style High Rise
Bedrooms 4
Full Baths 4
HOA Fees $1,075/mo
HOA Y/N Yes
Year Built 2006
Annual Tax Amount $7,740
Tax Year 2023
Property Description
Welcome to your slice of paradise at Ocean Ritz, one of Panama City Beach's premier beachfront destinations! This rare 4-bedroom, 4-bathroom penthouse-level condo offers a unique blend of elegance and comfort. Enjoy breathtaking moments from your oversized balcony with unobstructed west-facing sunset views. Whether you're seeking a permanent residence, a vacation home, or a lucrative rental investment, this condo epitomizes coastal living.With 1,637 sq. ft. of living space, this condo has one of the most expansive and sought-after floor plans on the beach. You and your guests will love the 10' high ceilings, crown molding, and custom 8' doors. The unit features four beautifully decorated bedrooms, including two Gulf front suites with sliding doors leading to the expansive balcony. The four full baths feature high-end finishes, and the primary suite offers a luxurious jetted tub, perfect for unwinding after a day on the beach.At approximately 493 sq. ft., the balcony is one of the largest in the area, offering panoramic Gulf views. It's the perfect space for entertaining, dining al fresco, or simply relaxing while watching stunning sunsets. Enjoy the convenience of the building's covered, assigned parking beside the high-speed, air-conditioned elevators.Dip in the seasonally heated Gulf front pool or relax in the jacuzzi spa. Stay active in the on-site fitness area and unwind in the sauna. The grilling area is ideal for barbecue enthusiasts who enjoy cooking with a view. Situated in the heart of Panama City Beach, Ocean Ritz is surrounded by various dining, shopping, and entertainment options. The vibrant tourism scene ensures there's always something exciting happening, from local festivals to beachfront activities.This turn-key condo is rental-ready with an excellent rental history, making it an ideal investment property. The demand for vacation rentals in Panama City Beach remains strong year-round, thanks to the area's beautiful beaches, pleasant climate, and numerous attractions. The Emerald Coast is renowned for its stunning white-sand beaches and crystal-clear waters. Enjoy a subtropical climate with mild winters, warm summers, and abundant opportunities for eco-tourism, state parks, and marine life encounters.Take advantage of owning in this low-density building with only 63 units and 3 per floor. Fully furnished and ready to enjoy, this condo is the perfect place to call home or add to your investment portfolio. Contact us for more information or to schedule a private showing. Now is the time to start living your dream beach life!**All measurements and information is approximate.... to be verified by buyer or buyer's agent if important.**
Location
State FL
County Bay
Community Barbecue, Elevator, Fitness Center, Fishing, Pool, Short Term Rental Allowed
Area 03 - Bay County - Beach
Interior
Heating Central, Electric
Cooling Central Air, Ceiling Fan(s), Electric
Furnishings Furnished
Fireplace No
Appliance Dryer, Dishwasher, Electric Water Heater, Disposal
Exterior
Exterior Feature Built-in Barbecue, Balcony
Parking Features Assigned
Garage Spaces 1.0
Garage Description 1.0
Pool In Ground, Community
Community Features Barbecue, Elevator, Fitness Center, Fishing, Pool, Short Term Rental Allowed
Utilities Available Cable Connected, Electricity Connected, Phone Connected
Amenities Available Beach Rights
Waterfront Description Gulf
View Y/N Yes
Water Access Desc Gulf
View Gulf
Porch Balcony
Building
Story 23
Foundation Pillar/Post/Pier
Architectural Style High Rise
Schools
Elementary Schools Hutchison Beach
Middle Schools Surfside
High Schools Arnold
Others
HOA Fee Include Association Management,Insurance,Legal/Accounting,Maintenance Grounds,Pest Control,Pool(s),Recreation Facilities,Sewer,Security,Trash,Water
Tax ID 40000-250-057
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Conventional
Special Listing Condition Listed As-Is
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Bought with Coldwell Banker Carroll Realty