Property Attributes
- MLS#789137
- TypeCondos
- Listing Status Active
- CountyBay
- CityPanama City Beach
- Area03 - Bay County - Beach
- NeighborhoodEdgewater Tower I
- Zip32407
- Style
- Year Built1985
- Taxes$ 5378
- Price$ 775,000
- Bedrooms3
- Full Bathrooms3
- Half Bathrooms0
- Sqr Footage1255
Data Source:
Central Panhandle Association of REALTORS® (CPAR)
Property Description
Positioned at the top of Edgewater Beach Resort's Tower 1, this updated two-story penthouse offers a vantage point that feels both elevated and effortless, where wide gulf views meet the energy of a resort setting below. The main level is designed for connection, with an open kitchen, living and dining area that draws your eye straight to the water. Two bedrooms and two full baths on this floor provide comfort for guests, while recent updates introduce a polished coastal aesthetic with new kitchen cabinetry, granite countertops, tile backsplash and beautifully tiled walk-in showers. A spiral staircase creates a striking architectural moment as it leads to the second-floor suite, where privacy and scale come together. This upper level features an additional bedroom and full bath, along with an oversized private balcony that feels like an entirely separate living space. Overlooking the lagoon-style pool and stretching out toward the gulf, it is an ideal setting for morning coffee, sunset gatherings or simply stepping away from it all. The residence is thoughtfully maintained and fully furnished, with tile flooring throughout, fresh interior paint, a new AC unit and updated living room furnishings. With three bedrooms and three full baths, the layout comfortably accommodates multiple guests while maintaining a sense of separation between spaces. Strong rental history and a turnkey setup position this property as both a personal retreat and a proven investment. Life here extends well beyond the front door. The resort offers an impressive collection of amenities, including a sweeping lagoon-style beachfront pool with waterfalls, multiple additional pools and hot tubs and direct access to white-sand beaches with seasonal chair and umbrella service. Dining options range from casual poolside fare to full-service restaurants, while recreation includes an executive par-3 golf course, tennis courts, pickleball courts and a well-equipped fitness center. A children's splash area and convenient tram service complete the experience, creating a setting that feels both vibrant and self-contained. This penthouse captures the essence of elevated coastal living, pairing thoughtful updates with a rare top-floor position and an outdoor space that truly sets it apart.
| Elementary School | Middle School | High School |
|---|---|---|
| Hutchison Beach Elementary School | Surfside Middle School | Arnold High School |
| Price History | |
|---|---|
| 4/30/2026 | Listed $800,000 |
| 6/24/2026 | 1$789,500 |
| 7/10/2026 | 2$775,000 |
General Features
| Property Subtype | Condominium |
|---|---|
| Tax Year | 2025 |
| Community Features | Beach,Elevator,Fitness Center,Golf,Gated,Pool,Shopping,Tennis Court(s),Waterfront,Community Pool,Short Term Rental Allowed |
| County | Bay |
| Property Type | Residential |
| HOA | true |
| Subdivision Name | Edgewater Tower I |
| Special Listing Conditions | Listed As-Is |
| Status | Active |
| Directions | From the intersection of HWY 98 and Richard Jackson Blvd, Head south on Richard Jackson BLVD. Go straight at the middle beach light. Cross Front Beach Rd and then turn to enter into Edgewater Beach Resort at the security gate. Tower one is straight ahead after the gate on the left. |
| High School | Arnold |
| City | Panama City Beach |
| MLS Area | 03 - Bay County - Beach |
| Elementary School | Hutchison Beach |
| Tax Annual Amount | 5378 |
| Middle/Junior High School | Surfside |
| MLS Area Minor | 0318 - Beach - Central South |
| Standard Status | Active |
| Property Sub Type Additional | Condominium |
| Association Amenities | Beach Rights,Spa/Hot Tub |
| Occupancy Type | Tenant |
| Waterfront Features | Gulf |
| Year Built | 1985 |
| Heating | Central |
| Cooling | Central Air,Ceiling Fan(s),Window Unit(s) |
| Appliances | Electric Range,Electric Water Heater |
| Patio/Porch Features | Balcony |
| View | Gulf |
| Garage Y/N | false |
| Total Rooms | 12 |
| Full Baths | 3 |
| Architectural Style | High Rise |
| Pool Features | In Ground,Community |
| Security Features | Security Guard,Security Gate |
| Unit Number | 1205 |
| New Construction | false |
| Spa Features | Community |
Interior Features
| Total Baths | 3 |
|---|---|
| Interior Amenities | Interior Steps,Main Level Primary,Shower Only,Entrance Foyer |
| Furnished Units | All Units |
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Total Bedrooms | 3 |
| LivingAreaSource | Owner |
Exterior Features
| Lot Dimensions | 0x0 |
|---|---|
| Parking Features | Gated |
| Building Area Total | 1255 |
| Waterfront Y/N | true |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Pets
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Condos Average in 32407
In The Neighborhood
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$ 599,000
- Type
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- Size
- 1,573 SqFt
- Rooms
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$ 435,000
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- 1,055 SqFt
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$ 664,000
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- 1,255 SqFt
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$ 612,350
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- 1,317 SqFt
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$ 425,000
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- 1,055 SqFt
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$ 845,000
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$ 479,000
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- 1,055 SqFt
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Panama City Beach
$ 499,000
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- 1,317 SqFt
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Panama City Beach
$ 650,000
- Type
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- 1,317 SqFt
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Panama City Beach
$ 445,000
- Type
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- 1,055 SqFt
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Panama City Beach
$ 659,900
- Type
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- Size
- 1,366 SqFt
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- 2 Beds + 2 Baths
Emerald Coast Association of REALTORS®, Inc. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers
Listing data provided by: Central Panhandle Association of Realtors (CPAR)
Information deemed reliable but not guaranteed. The information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating