UPDATED:
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Subdivision Ambassador Beach Condo
MLS Listing ID 780808
Style Low Rise
Bedrooms 1
Full Baths 1
HOA Y/N Yes
Year Built 1982
Annual Tax Amount $2,195
Tax Year 2024
Property Sub-Type Condominium
Property Description
Don't miss this rare opportunity at Beachfront Ambassador Condominiums — where the Gulf of America is your backyard. This beautifully maintained 1-bedroom, 1-bath unit is fully turnkey and primed for both personal enjoyment and strong rental income.
Highlights:
💰 Possible Owner Financing.
🏖️ All Assessments Paid in Full
🔄 Active Rentals Can Transfer to New Owner
🐾 Pet-Friendly Building — A major bonus for renters and owners alike
Rental & Income Details:
Current property management by Kara Percy, only 10% management fee.
Gross income potential: $40,000-$60,000 annually.
Pets generate additional income opportunities.
Property Features:
Direct beachfront location with unobstructed Gulf views.
Bright, coastal-style interior with open living and dining area.
Fully equipped kitchen for convenient in-unit cooking.
Comfortable sleeping arrangements for guests.
Updated bath with modern finishes.
Designed for short-term rentals — turnkey and ready to earn.
Location & Lifestyle:
Walk to Pier Park, shopping, dining, and entertainment.
Close to family attractions, nightlife, and outdoor recreation.
Easy access to Panama City Beach amenities.
Why You'll Love It:
This unit delivers everything — beachfront views, solid income potential, and owner flexibility. Whether you're looking for a profitable vacation rental, a second home, or a long-term investment, this one checks all the boxes.
Location
State FL
County Bay
Community Barbecue, Beach, Elevator, Pool, Waterfront, Short Term Rental Allowed
Area 03 - Bay County - Beach
Interior
Heating Electric
Cooling Ceiling Fan(s)
Flooring Tile
Fireplace No
Appliance Microwave
Exterior
Exterior Feature Balcony
Parking Features Parking Lot
Pool In Ground, Community
Community Features Barbecue, Beach, Elevator, Pool, Waterfront, Short Term Rental Allowed
Utilities Available Electricity Available, High Speed Internet Available
Amenities Available Beach Rights
Waterfront Description Gulf,Shoreline - Sand
View Y/N Yes
Water Access Desc Gulf,Shoreline - Sand
View Gulf
Porch Balcony
Building
Lot Description Paved
Story 3
Entry Level Three Or More
Architectural Style Low Rise
Level or Stories Three Or More
New Construction No
Schools
Elementary Schools Hutchison Beach
Middle Schools Surfside
High Schools Arnold
Others
HOA Fee Include Cable TV,Internet,Legal/Accounting,Maintenance Grounds,Pest Control,Pool(s),Sewer,Trash,Water
Tax ID 33778-184-000
Acceptable Financing Cash
Listing Terms Cash
Financing Conventional,Seller Financing
Special Listing Condition Listed As-Is
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