Portfolio / Grand Panama 2-1006
Grand Panama Beach Resort, Tower 2

Grand Panama 2-1006

The largest, newest plan: two full baths, sleeps six.

$339,000
List price
1 BR / 2 Bath + bunk alcove
Type
903
Sq ft
10th
Floor
6
Sleeps
2007
Built
18%
Gross yield
$60,969
Revenue

$60,969 in revenue June '25 to May '26: an 18.0% ROI on the asking price! One of the largest and most flexible floor plans at Grand Panama Beach Resort, this spacious 903-square-foot 1-bedroom-plus-bunk-alcove offers two full bathrooms and sleeps six, living far bigger than the typical beach condo. From the 10th floor of Tower 2, a covered private balcony captures sweeping Gulf and main-strip views, the perfect perch for morning coffee or a sunset cocktail. Inside, the king master is a true retreat, with an electric fireplace glowing beneath a wall-mounted TV and an en-suite bath featuring double granite vanities and an oversized walk-in shower, while a second full bathroom, a built-in bunk alcove, a queen sleeper sofa, and two recliners make the open-plan living area endlessly flexible for families and groups.

The kitchen is full granite with stainless appliances and a dishwasher, and there is an in-unit washer and dryer. Grand Panama Beach Resort delivers a beachfront free-form pool and a heated rooftop pool atop Tower 2, hot tubs, a seasonal beachside tiki bar, a large fitness center, covered garage parking, an elevated enclosed sky-bridge to the beach, and a hotel-style lobby, while the HOA covers building insurance, water and sewer, cable, and internet for predictable ownership costs. Grand Panama also has storage lockers for owners, and this unit will convey with four of them. Best of all, about 37% of its revenue already comes from direct and repeat bookings, well above the Panama City Beach market average.

As an added bonus, the seller's revenue consultant will personally assist the buyer in expanding the property's direct-booking strategy through modern AI, automation, and data-driven revenue management techniques. Space, a second full bath, sleeps-six flexibility, and proven cash flow, all just minutes from Pier Park and Panama City Beach's most popular attractions. Full rent roll available to qualified buyers.

Revenue performance

$60,969 Revenue (Jun 2025 to May 2026)
Three-year average $62,729
$53,124
2022
$66,736
2023
$68,327
2024
$58,476
2025
$60,969
Current

Guest reviews

Years of five-star reviews across established Airbnb and VRBO profiles, with a loyal base of repeat guests.

Operating KPIs

67.7%
Occupancy
$185
ADR, booked nights
$167
RevPAN
36.5%
Direct and repeat

Booking mix

Share of revenue by channel. Direct includes owner and repeat-guest bookings, where no platform fees apply.

Airbnb 47% VRBO 16% Direct and repeat 37%

Amenities

In the unit

  • Largest and newest unit in the portfolio: 903 SF, 1BR + bunk alcove, 2 full baths, sleeps 6, built 2007
  • 10th-floor covered private balcony with sweeping Gulf + main-strip views
  • King master retreat with a wall-mounted electric fireplace beneath the TV; en-suite with double granite vanities + oversized walk-in shower (bench seat, rain + handheld heads)
  • Second full bathroom (single granite vanity, tub/shower combo) plus a built-in hallway bunk alcove
  • Open-plan living with a queen sleeper sofa and two recliners; smart TV on a media console
  • Full granite kitchen with stainless appliances and a dishwasher; double undermount sink
  • In-unit stacked washer/dryer; dark wood-plank flooring; coastal decor
  • Four owner storage lockers convey with the unit
  • Fully furnished and turnkey; HOA covers building insurance, water/sewer, cable, and internet

At the resort

  • Beachfront free-form pool
  • Heated rooftop pool atop Tower 2
  • Hot tubs (two on the ground level)
  • Seasonal beachside tiki bar and snack/ice-cream area
  • Large fitness center
  • Covered garage parking
  • Elevated, enclosed pedestrian sky-bridge connecting the towers to the beach
  • Hotel-style Tower 2 registration lobby
  • BBQ grills on the pool decks
  • Theater/game amenities
  • 24-hour security
  • Owner storage lockers (four convey with this unit)
  • HOA covers building insurance, water/sewer, cable, and internet

Public property record

Address
11800 Front Beach Rd, Unit 2-1006, Panama City Beach, FL 32407
Parcel ID
40000-700-265
Legal description
GRAND PANAMA BEACH RESORT UNIT 2-1006 TYPE T11-B ORB 2942 P 351 10TH FLOOR TOWER II ORB 4447 P 173 1BD/2BR/BUNK 903 TOTAL SQ FT
Resort
Grand Panama Beach Resort, Tower 2
Floor
10th
Year built
2007
Square feet
903
HOA dues
$668 per month
Special assessments
None outstanding; HOA dues current
Conveyance
Sold fully furnished and turnkey, all FF&E included. HOA dues current, no outstanding special assessments. Four owner storage lockers convey with the unit. Self-managed, no management contract to assume
$339,00018% gross yield
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