Welcome to Unit 413 in Edgewater Tower III, a Gulf-front condo in the heart of Panama City Beach offering expansive Gulf views, resort-style living, and a strong investment profile. Located within the highly sought-after Edgewater Beach Resort, this residence presents an excellent opportunity for a primary residence, second home, or short-term rental property.
The interior features an open and functional layout designed to maximize natural light and showcase stunning views of the emerald waters and sugar-white sands. A private Gulf-front balcony provides the perfect space to relax and enjoy the coastal setting, whether for personal use or guest enjoyment.
Edgewater Tower III offers a quieter residential atmosphere while still providing full access to Edgewater's extensive resort amenities. Owners and guests enjoy over 11,500 feet of private beach frontage, multiple lagoon-style and heated pools, an on-site golf course, fitness center and spa, tennis and pickleball courts, on-site dining and retail options, and 24-hour gated security—creating a true resort-style experience in one of Panama City Beach's most established communities.
This condo also offers a solid history of short-term rental performance, making it a strong option for buyers seeking a Panama City Beach investment with consistent demand. Based on recent performance, the unit has produced an approximate five-year average gross income of $43,429 per year, reflecting steady occupancy and long-term appeal in a Gulf-front resort setting.
Additional highlights include a water heater installed in May 2014, an HVAC system replaced in October 2018, and the added benefit of recent building-wide upgrades, with the fire sprinkler system fully renovated and brought up to current code, along with electrical system updates, providing peace of mind for owners and guests alike.
Conveniently located near Pier Park, dining, shopping, entertainment, and local attractions, Unit 413 offers a rare combination of location, lifestyle, and income potential. Whether you're looking for a turnkey vacation rental, second home, or Gulf-front investment, this Edgewater Tower III condo stands out as a compelling opportunity on the Emerald Coast.
For sale
$589,000
11347 Front Beach Rd Unit 413, Panama City Beach, FL 32407
2beds
1,366sqft
Est.:
Condominium
Built in 1990
-- sqft lot
$558,900 Zestimate®
$431/sqft
$-- HOA
What's special
On-site golf courseMaximize natural lightFitness center and spaExpansive gulf viewsTennis and pickleball courtsOpen and functional layoutPrivate gulf-front balcony
- 58 days |
- 181 |
- 10 |
Zillow last checked: 7 hours ago
Listing updated: February 17, 2026 at 11:14am
Listed by:
Olivia Mills 850-810-1864,
Bastion Realty LLC,
Patriot Land & Homes 850-910-1387,
Bastion Realty LLC
Source: CPAR,MLS#: 785236
Originating MLS: Central Panhandle Association of REALTORS
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Bedroom, Dining Room, Full Bath, Kitchen, Laundry, Living Room, Primary Bedroom
Primary bedroom
- Dimensions: 11.2 x 13.1
Bedroom
- Dimensions: 11.3 x 11.3
Other
- Dimensions: 6.1 x 5
Dining room
- Dimensions: 13 x 11
Other
- Dimensions: 13.1 x 5.7
Other
- Dimensions: 8 x 5
Kitchen
- Dimensions: 8 x 14
Laundry
- Dimensions: 5 x 2
Living room
- Dimensions: 15.6 x 17.1
Heating
- Central, Electric
Cooling
- Central Air
Appliances
- Included: Convection Oven, Electric Water Heater
Interior area
- Total structure area: 1,366
- Total interior livable area: 1,366 sqft
Video & virtual tour
Property
Features
- Stories: 12
- Patio & porch: Balcony
- Pool features: Community
- On waterfront: Yes
- Waterfront features: Gulf
Details
- Parcel number: 34800406000
Construction
Type & style
- Home type: Condo
- Architectural style: High Rise
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Concrete, Stucco
- Foundation: Pillar/Post/Pier
Condition
- New construction: No
- Year built: 1990
Utilities & green energy
- Sewer: Public Sewer
Community & HOA
Community
- Features: Community Pool, Short Term Rental Allowed
- Subdivision: Edgewater Tower III
HOA
- Has HOA: Yes
- Amenities included: Beach Rights, Gated
Location
- Region: Panama City Beach
Financial & listing details
- Price per square foot: $431/sqft
- Tax assessed value: $531,250
- Annual tax amount: $6,239
- Date on market: 2/13/2026
- Cumulative days on market: 59 days
Estimated market value
$558,900
$531,000 - $587,000
$2,047/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/13/2026 | Listed for sale | $589,000-1.8%$431/sqft |
Source: | ||
| 1/4/2026 | Listing removed | $599,900$439/sqft |
Source: | ||
| 9/19/2025 | Listed for sale | $599,900+96.7%$439/sqft |
Source: | ||
| 1/5/2015 | Sold | $305,000-1.3%$223/sqft |
Source: | ||
| 1/1/2015 | Price change | $309,000+3.3%$226/sqft |
Source: Coldwell Banker Carroll Realty, Inc. #622204 Report a problem | ||
| 12/5/2014 | Price change | $299,000-3.2%$219/sqft |
Source: Coldwell Banker Carroll Realty, Inc. #622204 Report a problem | ||
| 9/9/2014 | Price change | $309,000-50.3%$226/sqft |
Source: Coldwell Banker Carroll Realty, Inc. #622204 Report a problem | ||
| 8/7/2014 | Price change | $622,204+95%$455/sqft |
Source: Coldwell Banker Carroll Realty, Inc. #622204 Report a problem | ||
| 8/6/2014 | Listed for sale | $319,000-25.8%$234/sqft |
Source: Coldwell Banker Carroll Realty, Inc. #622204 Report a problem | ||
| 8/1/2007 | Sold | $430,000-18.5%$315/sqft |
Source: Public Record Report a problem | ||
| 1/13/2005 | Sold | $527,500$386/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,881 +8.8% | $393,144 +10% |
| 2023 | $5,407 +23.6% | $357,404 +10% |
| 2022 | $4,376 | $324,913 |
| 2021 | -- | -- |
| 2020 | $3,580 +5.6% | $295,375 +5.3% |
| 2019 | $3,391 | $280,500 +2.7% |
| 2018 | $3,391 +1.2% | $273,020 +10% |
| 2017 | $3,350 +18.3% | $248,200 -4.3% |
| 2016 | $2,833 -0.4% | $259,250 +8.9% |
| 2015 | $2,844 | $238,000 +8.7% |
| 2014 | $2,844 | $218,958 +0.8% |
| 2013 | -- | $217,175 +8% |
| 2012 | -- | $201,025 -27.8% |
| 2011 | -- | $278,256 +10% |
| 2010 | -- | $252,960 -4.8% |
| 2009 | -- | $265,815 -9.9% |
| 2008 | -- | $295,184 -29.6% |
| 2007 | -- | $419,400 -10% |
| 2006 | -- | $466,000 0% |
| 2005 | -- | $466,001 +90.7% |
| 2004 | -- | $244,401 |
| 2003 | -- | $244,401 |
| 2002 | -- | $244,401 +35.8% |
| 2001 | -- | $180,000 |
| 2000 | -- | $180,000 |
Find assessor info on the county website
Monthly payment
Est. payment
$3,457/mo
Principal & interest
$2834
Property taxes
$623
More affordability tools
Climate risks
Neighborhood: 32407
Nearby schools
GreatSchools rating
- 8/10Hutchison Beach Elementary SchoolGrades: K-5Distance: 1.4 mi
- 7/10Surfside Middle SchoolGrades: 6-8Distance: 2.5 mi
- 4/10J.R. Arnold High SchoolGrades: 9-12Distance: 1.6 mi
Schools provided by the listing agent
- Elementary: Hutchison Beach
- Middle: Surfside
- High: Arnold
Source: CPAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Local experts in 32407
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- 11347 Front Beach Rd Unit 413
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