February 24th, 2008 
Jennifer Mackay Grand Panama Beach Resorts Condominium
- YearBuilt: 2007
- ApproxSF: 1,135
- ElemSch: Patronis
- Middle: Surfside
- High: Arnold
This 2 bedroom/2bath, beachside condo overlooks white sandy beaches of the Gulf of Mexico. With bunkbeds and a sleeper sofa, this unit can confortably sleep a family of 8.
Built in 2007, this fully furnished waterfront unit is move-in/rental ready and updated with a fully stocked kitchen: Corian countertops/breakfest bar & stainless steel appliances.
Ceiling fans in every room allow the warm sea breezes coming in over the oversized balcony to spread through out the unit.
Grand Panama Beach Resort offers: 24 Hour security, Property management at The Village of Grand Panama, Full time maintenance staff on-site, Convenient on site parking and close to 
shopping and local family oriented attractions.
For additional information, please view the listing
Call me at 850-774-6582 or send an email directly to Jennifer Mackay if you require additional information regarding this or other Condo sales or vacation property in Panama City Beach.
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Nice Condo. Nice building. I checked MLS and the same condo in the same building is asking $495,000.
Dan,
Thanks for commenting. You may want to check that again. The one you say is for $495k is a 1 bedroom not a 2 bedroom.
Jennifer
These are actually very nice looking places. What do they normally go for these days?
James,
Thanks for the comment, you’re always welcome to ask questions and post informative information for visitors.
These units vary greatly in price. Many of the pre-sale units are a bit overpriced, but that can not be helped.
Currently the asking prices for these are between $745k – $400k depending on amenities, number of bedrooms, upgrades and other factors.
Grand Panama has recently stopped construction on the newer areas and are offering the owners in tower 2 several incentives.
If you own a Grand Panama, Tower 2 unit and would like more information, please contact me directly.
Jennifer
Jennifer,
No I am not a real estate agent. Like I said nice building, nice condo and there is a condo for sale, same square footage for $100,000 less. I want to make sure people shop around and get the best price. I am sure you would agree a buyer needs to do research and shop around and make sure they get the best value.
Dan
Dan,
Thank you for your comment.
I agree, buyers must be well informed prior to making purchase decisions.
Square footage is not the only indication of price. As I said, the unit being offered for a lower price is a 1 bedroom, not a 2 bedroom.
Additional bedrooms are often priced higher regardless of square footage.
Jennifer
If purchased as an investment, what would this unit rent for?
Rick,
Thanks for your inquiry, which by the way is timed perfectly!
I’m actually meeting with the on-site rental company later today and I’ll have their current rental program details which I’ll post here in response to your inquiry.
To address your inquiry in the mean time: Rental pricing on units such as this vary from season to season and often day to day (weekend rates, daily rates etc).
In addition, units such as this due to location can not only be rented as short-term vacation units, but long term residences as well.
A unit such as this may typically be rented 6 months out of the year for short term usage sometimes more.
Other factors that influence the rental history may include which rental agency is used (on-site program or off-site, owner managed rental program), or if the owner utilizes the unit for personal or business use.
This particular unit is managed by the on-site rental program.
Really nice condo. Rooms are light and comfortable.
Thanks Amanda, a bit late on this one however