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Panama City Beach - Florida - Northwest Panhandle for sale by owner condo < BACK
9th Floor Beachfront Condo in gated community  - For Sale by Owner
Location: Panama City Beach, Florida - Northwest Panhandle
PPBO Id: 4449
Subdivision: Pinnacle Port
Sale Price: $390,000 convert
Type: Condo
Bedrooms: 2
Bathrooms: 2.5
Sleeps: 6
House Exchange: NO
Pets: NO
Smoking: NO
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Your Private Beach

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Location! Location! Nowhere else in Panama City can you be located on the beach and on a lake as at the same time. Pinnacle Port sits on a gorgeous peninsula in the West end of Panama City Beach in a private gated community. This 9th floor unit with two private balconies with gorgeous views of both the Gulf and of 800 acre Lake Powell. Master bedroom has queen size bed; 2nd bedroom has twin beds and availability of additional rollaway bed; living room has queen size sofa sleeper. See VRBO.com listing #54258 for additional information.

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Amenities:
Condo has just been painted and refreshed with new window coverings and updated appliances. Unit is being sold fully furnished and with a full slate of rental bookings. Pinnacle Port sits on a peninsula with the Gulf to the front and an 800 acre Lake to the rear. Two pools (one indoor-outdoor), sunning decks, full beach rentals, children's play area, exercise facility and sauna room on site, game rooms, plus four lighted tennis courts, lake side gazebo, and boat launch and slips. Next to Lake Helen nature preserve and convenient to Carillon shops, restaurants, supermarkets, golfing,and shopping. Bring your boat or wave runner with on-site boat launching. Or, walk down the private beaches that connect Pinnacle Port with Lake Helen nature preserve, Inlet Beach, Rosemary Beach and Seaside, or Carillon and Panama City Beach in the other direction.
Activities and Nearby Attractions or Points of Interest: 
Next to Lake Helen nature preserve and convenient to Carillon shops, restaurants, supermarkets, golfing,and shopping. Bring your boat or wave runner with on-site boat launching to Lake Powell and natural cut access to the Gulf. Or, walk down the private beaches that connect Pinnacle Port with Lake Helen nature preserve, Inlet Beach, Rosemary Beach and Seaside, or Carillon and Panama City Beach in the other direction.
Additional Information:
Recent article The New Rules of Real Estate,&#65533; Business 2.0 magazine asked researchers at Moody's Economy.com to analyze the latest forecast data and identify which metro areas will see the highest appreciation between now and 2011.

After vetting the list against other macroeconomic research, the magazine arrived at a consensus for the 10 strongest markets. At the top of this list is Panama City, Florida, with a projected potential appreciation of 72% in median home price.

Unlike much of Florida, Panama City hasn't really attracted great population growth or wealthier people, mainly because it's isolated on Florida's panhandle. The interstate highway system bypasses it, and the runway at the local airport isn't long enough to support anything beyond regional jets, explains Business 2.0. But now Panama City is poised to host big airliners, more visitors,and a lot more buyers. State and local governments and a top regional developer, St. Joe Co., are planning to build a new airport by 2008 at a cost of more than $300 million. Wild Adventures and Busch Gardens are planning a hugh resort and vacation complex on I-10 and Hwy 79 just north of Panama City Beach breaking ground in 2007 this will attract even more visitors to the area. Pier Park is being developed along Hwy 98 with dozens of high end retail and entertainment moving into the area.
This unit is a sound vacation investment. This unit currently rents out almost completely booked every week year around--rental records available for review.&#65533;


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