Looking for a Beachfront Investment? Check Out #PCB

Panama City Beach

Panama City Beach, Florida, boasts 27-miles of beaches, many miles of hiking and biking trails, two state parks, and more than one-hundred public beach access points.

That means that there’s a lot to see and do in Panama City Beach! Each area has its own unique flavor and character and there are adventures awaiting such as parasailing, jet skiing, pontoon boats, and sail boat cruises, just to name a few! Chasing the Sun Fishing Show on the Discovery Channel is filmed in the Panama City Beach area and Animal Planet’s “Tanked” reality TV series is to be filmed at Laketown Wharf!

Properties of Panama City Beach

Luxury condos, beach houses and townhomes can be sold or rented out by individual owners, on or just across from the beach and many are family and pet-friendly. Hotels, motels, campgrounds, RV parks and beach houses are in abundance surrounding the area, so there’s so much to do even if you decide to live there.  There are many reasons to purchase a condo in Panama City Beach.

The local PCB (Panama City Beach) Government boasts on its website that in an effort to provide the utmost standard for visitors, the City of Panama City Beach has recently begun enforcement of certain regulations governing vacation rentals and building codes throughout the City. In this effort, the City states that as it has reason to believe that any property that is currently operated as a public lodging establishment could be subject to these additional regulations.

The City would like to meet with property owners to discuss and potentially inspect your property. Panama City Beach joins the coastal communities dedicated to meeting the standards of water quality, beach and inter-tidal conditions safety, services, habitat conservation, public information and education, states PCBGov.com.

Things to do in PCB

Panama City Beach offers beachside amusement and theme parks, water parks, golf courses, public parks, museums, zoos and aquariums and as such, joins the coastal communities dedicated to meeting the standards of water quality, beach and inter-tidal conditions safety, services, habitat conservation, public information and education, boasts the site.

The Panama City Beach area also offers beachside amusement and theme parks, water parks, golf courses, public parks, museums, zoos and aquariums, even the Bay Town Trolley. The Bay Town Trolley runs weekdays from 6 a.m. – 8:00 p.m., and provides a smart, economical and stress-free way to ride.

Property Investments

property investments in panama city beachThere are many types of homes and properties for sale in Panama City Beach, some may be well with your price range. You do not have to feel that the beaches of Panama City are a dream destination on for your vacation or retirement.

In some areas, a 4 bedroom, 2 bath home with 2,112 approximate square feet, can start as low as $232,900 with an estimated mortgage of $873 per month!

Beach front condominiums on a PENTHOUSE level, 2 bedroom, 3 bath with a bunk area M plan unit estimated at $314, 900 with approximately 1131 square feet! This is just two examples of what you can purchase now. Why wait until retirement? Let’s break it down:

  • #1. The beach is not just for summer in places like Florida and the Gulf Coast. It’s always warm(er). Live your dream life now.
  • #2. The beach becomes your backyard. It’s a part of your fondest childhood memories. Make more.
  • #3. You’ll never get bored of the view.  There’s a reason you love the beach, peace, beauty, sunrise and sunsets.
  • #4. You understand and accept that there are places in your life that will never be sand free. You can live with that!
  • #5. The smell and the sounds will become your life. You deserve to live in your poetic, perfumed daydream.
  • #6. You don’t need winter wear.  Bermuda shorts and neon colored swimsuits rock!
  • #8. You don’t understand people that don’t like the beach.   Dude!
  • #9. You respect the ocean.  You love it for its life-sustaining properties and for its inherent magic.
  • #10. You’re glad not everyone lives here.  Sweet serene solitude, at least until the kids get home!

 

Still not sure? How about two bedrooms and one bathroom at approximately 672 square feet, estimated sales price may start as low as $94,900 with an estimated monthly payment as low as $490.00 per month. This an example of residences listed on Homes.com that are specific to the Panama City Beach area. Zillow.com also has quotes on residential homes for sale, as well as condos, beach houses and even mobile homes. You can do a search by budget, type of residence, and/or mortgage payment range as well.

For many property owners in Panama City Beach, owning a beachfront condo, but renting it out as an investment property is the plan.  Vacation rentals are very popular for PCB.  With only about 13,000 residents, many of the condo’s are rented out for most of the year, making the owner some extra cash, paying the note but still providing a great getaway when needed.  There is nothing stopping you from finding the home you have been dreaming of, overlooking the beautiful southern, sandy beaches of Florida.

The new building and regulation codes mentioned by the Panama City Beach Government website will make newer and renovated homes stronger homes in the face of and forthcoming storms.

Ask about current building and regulation codes for your perspective residence so that you will know the standards by which your home was built. This way you will know whether your new home can weather any future storms safely.