Description
CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS. There is no other gulf-front building in Panama City Beach where your electric bill is zero. Seychelles is it. Unit 404 sits on the fourth floor with a direct gulf view. One bedroom, two full baths, and hallway bunks that sleep the whole group. Fully furnished and move-in ready. Here's what makes Seychelles different from every other building on this beach: electricity is included in the HOA fee. Not water. Not trash. Electric. That means no summer AC bill, no winter heating bill, no utility surprise -- ever. For a vacation home owner, that's simplicity. For an investor running short-term rentals, that's a cost structure no comparable can match. The unit was completely refreshed in 2024 -- new furniture, new mattresses, new ceiling fans, fresh paint throughout, new dishwasher, new washer and dryer. It's in excellent showing condition and produced $32,000 in rental income in 2025 with the existing management program through Best Beach Getaways. Total annual carry: approximately $14,117 (HOA $9,489 · taxes $3,862 · insurance $667 · AC service $99). Everything else is income or enjoyment.
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1BEDS
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N/AACRES
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2BATHS
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01/2 BATHS
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883SQFT
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$436$/SQFT
School Information
Description
CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS. There is no other gulf-front building in Panama City Beach where your electric bill is zero. Seychelles is it. Unit 404 sits on the fourth floor with a direct gulf view. One bedroom, two full baths, and hallway bunks that sleep the whole group. Fully furnished and move-in ready. Here's what makes Seychelles different from every other building on this beach: electricity is included in the HOA fee. Not water. Not trash. Electric. That means no summer AC bill, no winter heating bill, no utility surprise -- ever. For a vacation home owner, that's simplicity. For an investor running short-term rentals, that's a cost structure no comparable can match. The unit was completely refreshed in 2024 -- new furniture, new mattresses, new ceiling fans, fresh paint throughout, new dishwasher, new washer and dryer. It's in excellent showing condition and produced $32,000 in rental income in 2025 with the existing management program through Best Beach Getaways. Total annual carry: approximately $14,117 (HOA $9,489 · taxes $3,862 · insurance $667 · AC service $99). Everything else is income or enjoyment.
© 2026 Central Panhandle Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX by the Sea. Data last updated: 2026-08-08T17:04:03.69.
Listing provided courtesy of Berkshire Hathaway HomeServices Beach Properties of Florida: 850-252-4160. Listing information © 2026 Central Panhandle Association of Realtors MLS.