Sunrise Beach Gulf Front REO for $270K

Sunrise Beach Gulf Front Unit 2002 is a Fannie Mae REO

Under Contract in less than 24 hours!

Sunrise Beach is a waterfront condo in Panama City Beach and close to Pier Park. Similar units in Sunrise Beach will generate $40K to $50K in gross rental income. Sunrise Beach units are in high demand with only 4 currently on the market. Priced at $270K it is currently listed $50K less than the last 4 sales of two bedroom w/ bunk room plans at over $315K. This is a Fannie Mae REO and is back on the market. Fannie Mae is not offering a first look period for primary residents, nor are they offering HomePath financing on this foreclosure. The unit is in good condition, but will need new appliances, carpet and fresh paint.

Sunrise Beach offers its residents hundreds of feet of dedicated gulf front beach, 5 story covered parking garage under the building, on-site gulf side gym, two pools and hot tubs, and children’s water play area. You’re also walking distance to many restaurants and just a 3 minute drive to Pier Park.

This Sunrise Beach condo will not last long. Contact Craig Baranowski @ 850-259-1788 for more details.

Sunrise Beach Unit 2002
14825 Front Beach Road Unit 2002
Panama City Beach, FL 32413
1,242sf or $217/sf
2Bedrooms | 2 Baths w/ Bunk Room
Built in 2005
Fannie Mae Bank Owned Property/ REO
Offered at $270,000

SOLD – $270,000 on September 12, 2014

Sunrise Beach Gulf Front Condos for Sale


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