FRONT BEACH PANAMA CITY BEACH, FL 32407

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Sale Type

Rent-to-own homes can be purchased using a Lease Option. This means the buyer rents the home for a set period of time, sets aside a portion of monthly rent payments during this time, and then has an option to purchase the home later, using the accumulated savings toward the down payment. Rent-To-Own properties offer home ownership opportunities to those who have poor credit or can't afford the down payment. It gives buyers time to rebuild their credit and accumulate purchase credits while living in the house.

Description

Experience the allure of beachfront paradise at its finest with this captivating condo nestled within the coveted Ocean Ritz. Positioned on the fourth floor, this gem offers unparalleled views of the shimmering Gulf from its oversized balcony - a feature that beckons relaxation and unforgettable moments. With two Gulf-front master suites seamlessly connecting to the balcony, and a total of four bedrooms and bathrooms accommodating up to 13 guests, this residence promises ample space for both comfort and entertaining. The well-appointed kitchen, adorned with granite countertops, sets the stage for culinary adventures, while the open-concept living and dining area beckons with warmth and hospitality. With luxurious touches like a whirlpool tub in one of the master bathrooms, every aspect of this condo exudes comfort and elegance. Beyond its inherent charm, this property presents a lucrative investment opportunity, boasting a strong history of rental income generation average around $93,000 in gross annual rent. Buy now with the bookings in place from now until September! Don't let this chance to own a piece of paradise slip away - seize the opportunity to make Ocean Ritz your own and embark on a journey of coastal luxury and financial success.