21523 Front Beach Road
Panama City Beach, FL 32413
$5,700,000
Active
Description
The opportunity you've been waiting for has arrived! This extraordinary Gulf-front property on the desirable West End of Panama City Beach offers substantial construction, direct beach access, luxury coastal living, and incredible income-producing potential, all just a short drive from iconic 30A with no HOA restrictions! Built for longevity with concrete construction, metal studs, a tile roof, and stucco exterior, this building stands apart from typical coastal properties. It features THREE individual income-producing residences, each approximately 2,500 sq ft with 4 bedrooms and 4.5 bathrooms, with one private residence occupying each of the second, third, and fourth floors. Each unit offers two oversized Gulf-front balconies, panoramic water views, walls of glass, spacious living areas, gourmet kitchens with custom cabinetry, granite countertops, stainless appliances, and wet bars. Outside, enjoy a large, covered entertainment area, private pool, hot tub, and private beach access. Whether used as an investment with multiple income streams, a multi-generational retreat, or an entire beachfront compound, this is a truly rare opportunity on the Emerald Coast.
Listing details MLS# 1010501
Location, Tax and Legal
- Area
- 27 - Bay County
- Sub area
- 2725 - Beach - West South
- Subdivision
- RIVIERA BEACH
- County
- Bay
- Parcel ID
- 35412-010-000
- Tax year
- 2025
- Annual tax
- 37446.97
- Legal description
- RIVIERA BEACH MAP-13B4LOT 1 LESS 5' ESMT ON E SIDEORB 4798 P 1002
- Zoning
- City, Resid Multi-Family, Resid Single Family
General Property Info
- Property type
- Residential
- Year built
- 2007
- New construction
- No
- Condition
- Construction Complete
Interior
- Bedrooms
- 12
- Bathrooms
- 16
- Full baths
- 12
- Half baths
- 4
- Building area
- 7914
- Heating
- Central
- Cooling
- Ceiling Fans, Central Air
- Flooring
- Floor Tile
- Interior features
- Breakfast Bar, Ceiling Raised, Elevator, Kitchen Island, Lighting Recessed, Pantry, Washer/Dryer Hookup, Wet Bar
- Appliances
- Cooktop, Dishwasher, Disposal, Dryer, Microwave, Range Hood, Refrigerator, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Electric, Washer, Water Heater - Elect
- Total rooms
- 14
Exterior and Site
- Construction
- Concrete, Frame, Steel, Stucco
- Roof
- Roof Tile/Slate
- Exterior features
- Balcony, Fenced Back Yard
- Patio and porch
- Patio Covered, Patio Open
- Parking
- Carport Attached, Covered, Oversized
- Carport spaces
- 2
- Pool features
- Pool - In-Ground, Pool Type
- View
- Gulf
Utilities
- Utilities
- Electric, Public Water
- Sewer
- Public Sewer
Schools
- Elementary
- West Bay
- Middle school
- Surfside
- High school
- Arnold
Remarks and Misc
- Directions
- From Panama City Beach Parkway (Hwy 98), turn South onto Front Beach Road. Continue West on FBR to 21523 FBR. Property will be on the South side of Front Beach Road.