Property Attributes
- MLS#1004682
- TypeCondos
- Listing Status Active
- CountyBay
- CityPanama City Beach
- AreaBay County
- NeighborhoodMAJESTIC BEACH TOWERS II
- Zip32407
- StyleN-A
- Year Built2006
- Price$ 585,000
- Bedrooms2
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage1290
Data Source:
Emerald Coast MLS (ECAR)
Property Description
Rental machine, lucrative customer list boasting massive (actual) rental income. 2024 $52,664.04 gross income, 2025 $49,605.85 gross income, 2026 $50,672.89 with $7793 on the books. Bookings set-up already for 2027. Rare find, master bedroom on the Gulf. Completely remodeled and renovated. Majestic Tower II unit 1508 is the beach getaway you've been dreaming of! With nearly a 1300sq.ft floorplan, this oversized 2 bedroom, 2 bath gulf front condo is superb for entertaining and lives like a beach house in the sky! Riveting Gulf views from the kitchen, living room, and master bedroom are framed by very attractive, seaside inspired interiors with comfort, class, and sophistication in mind. This offering features all the extras such as tile in the main living areas, and newer carpet in the bedrooms, custom granite countertops and a granite breakfast bar, stainless steel kitchen appliance package. Coastal inspired furniture graces this condo from room to room and the owner spared no expense in adding the best linens and furnishings. Everything is included in this sale including top notch dishware for the perfect turnkey investment. Majestic offers indoor & outdoor pools, multiple hot tubs, tennis, pickle ball, movie theater, game room, state of the art exercise room, The H2O bar & Grill. The Majestic market, & the covered Parking Garage! Close to shopping, dining and entertainment! Whether you want this condo for personal use or for an investment the Views of the white sand and the turquoise waters easily make this unit the perfect beach getaway!
| Elementary School | Middle School | High School |
|---|---|---|
| Hutchinson Beach Elementary School | Surfside Middle School | Arnold High School |
| Price History | |
|---|---|
| 6/4/2026 | Listed $599,000 |
| 7/31/2026 | 2$585,000 |
General Features
| Utilities | Phone,Public Water,TV Cable |
|---|---|
| Property Subtype | Condominium |
| Community Features | Short Term Rental - Allowed,BBQ Pit/Grill,Beach,Dumpster,Exercise Room,Game Room,Pavillion/Gazebo,Pets Allowed,Pool,TV Cable,Waterfront,Whirlpool |
| County | Bay |
| Property Type | Residential |
| Subdivision Name | MAJESTIC BEACH TOWERS II |
| Status | Active |
| Buyer Financing | Conventional,FHA |
| Directions | Head East on Front Beach Rd, right before Churchwell Dr. you will see Majestic Beach Towers on your right. |
| High School | Arnold |
| City | Panama City Beach |
| MLS Area | 27 - Bay County |
| Lot Size Units | Acres |
| Elementary School | Hutchinson Beach |
| Middle/Junior High School | Surfside |
| MLS Area Minor | 2718 - Beach - Central South |
| Standard Status | Active |
| Sewer | Public Sewer |
| View | Gulf |
| Waterfront Features | Gulf |
| Tax Assessed Value | 2355 |
| Heating | Central |
| Cooling | Central Air |
| Architectural Style | N/A |
| Construction Materials | Concrete |
| Year Built | 2006 |
| New Construction | false |
| Total Rooms | 5 |
| Carport Y/N | false |
| Property Condition | Construction Complete |
| Association Fee Includes | Ground Keeping,Insurance,Master Association,Recreational Faclty,Sewer,Water,Cable TV,Trash |
| Pool Features | Pool Type |
| Unit Number | 1508 |
| HOA | true |
Interior Features
| Total Baths | 2 |
|---|---|
| Interior Amenities | Breakfast Bar,Guest Quarters,Kitchen Island,Lighting Recessed,Pantry,Split Bedroom,Washer/Dryer Hookup,Wet Bar |
| Flooring | Floor Tile,Floor WW Carpet |
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Window Features | Window Treatment All |
Exterior Features
| Waterfront Y/N | true |
|---|---|
| Exterior Amenities | Balcony |
| Foundation Details | Foundation On Piling |
| Building Area Total | 1290 |
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
Panama City Beach
$ 825,000
- Type
- Condos
- Size
- 1,688 SqFt
- Rooms
- 3 Beds + 3 Baths
Panama City Beach
$ 648,900
- Type
- Condos
- Size
- 1,273 SqFt
- Rooms
- 3 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