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Photo 1 of 40 — 116 Carillon Market Street # 701 Unit # 701, Panama City Beach, FL 32413
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116 Carillon Market Street # 701 Unit # 701, Panama City Beach, FL 32413

Sunrise and Sunset · Bay County

Key Facts

4Beds
5Baths
3,623Sq Ft
2007Year Built
7Stories

Description

This is the perfect family vacation retreat or Investors' rental dream! Short Term Rentals are allowed. This coastal contemporary Penthouse with 4 bedrooms, 4 1/2 baths and 3,623 sq ft spans the entire top level of a small 7-story, recently renovated condo building and features a wraparound balcony with unmatched panoramic water views throughout of the Gulf, Lake Carillon and Lake Powell. It's located in the charming, vibrant, gated, community of Carillon Beach which is about 2 miles East of Rosemary Beach. You can stroll to the private, pristine one mile beach in just 4 minutes or relax in the nearby pool with spa. It was completely redone in 2024 with a renovated in 2004 with a stunning high-end remodel including new windows, appliances and furnishings. There's an elevator entry into a private foyer to Unit 701. The open concept living area with high beamed cailing, large great room with gas fireplace, wall of glass doors and windows, and a spacious dining room combines the upscale chef's kitchen with island, long breakfast bar and top-of-the-line appliances. The two Master suites also access the balcony with expansive water views, luxurious baths with soaking tub and walkin showers and large walk-in closets. There is a guest room with four, full size bunk beds and private bathroom with tub. It opens onto the wide balcony offering views of Lake Powell. The second guest room with balcony access features a large closet and luxurious bath with a walk-in shower. There is also a powder room and spaciious laundry room with plenty of cabinets. This Penthouse is ''one of a kind'! It is the perfect family or corporate retreat or rental investment!

Property Information

Property Type

Residential

Sub-Type

Condominium

Style

N/A

Year Built

2007

Stories

7

Living Area

3,623 sq ft

Days on Market

294

MLS® Listing#

985686

Property Features

Interior

Breakfast BarBookcasesBeamed CeilingsCrown MoldingVaulted Ceiling(s)Kitchen IslandRecessed LightingPantryElevator

Exterior

Balcony

Appliances

DishwasherDisposalDryerMicrowaveWasherElectric Water HeaterGas Oven

Cooling

Central AirCeiling Fan(s)Electric

Heating

CentralElectric

Flooring

Vinyl

Fireplace

Gas

Pool

Community

Lot Features

Waterfront

Construction

ConcreteStucco

Windows

Double Pane WindowsWindow Treatments

Security

Smoke Detector(s)

Community

FishingGatedPoolTennis Court(s)

Utilities

PropaneCable AvailableUnderground Utilities

Sewer

Public Sewer

Water Source

Public

Rooms

  • Bedroom15 x 14First
  • Bedroom15 x 13First
  • Dining Room14 x 11First
  • Great Room26 x 20First
  • Kitchen16 x 14First
  • LaundryFirst
  • Master Bathroom16 x 14First
  • Master BathroomFirst
  • Master Bedroom16 x 14First
  • Master Bedroom22 x 14First

Schools

Elementary:
Hutchinson Beach
Middle:
Breakfast Point
High:
Arnold

Financial Details

HOA

$5,835 / Quarterly

Annual Taxes

$15,708

Tax year 2024

Assessed Value

$5,835

Parcel Number

40000-350-013

Directions

East of E-30A and Hwy 98, and just East of Lake Powell Bridge, turn South on Carillon Market St. Take first left into the parking lot of The Carillon Inn and Sunset Building just beyond. Take the elevator to the 7th floor.

Affordability Calculator

$560,000

Estimated monthly payment

$14,903/mo

Principal $2,240,000 · Est. interest $3,124,999 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Panama City Beach, FL

$472,027
Median Listing Price
115
Median Days on Market
1,451
Median Sq Ft
$353
Median Price / Sq Ft
31,335
Active Listings
  • This home’s price is 493% above the area median.
  • Its price per sq ft is 119% above the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Panama City Beach, FL.

Location

Map showing the location of 116 Carillon Market Street # 701 Unit # 701, Panama City Beach, FL 32413

Points of Interest in Panama City Beach, FL

Showing the Panama City Beach area map.

Nearby Schools

  • Ohana Institute

    School · 2.3 mi away

  • PCB Academy

    School · 6.0 mi away

  • West Bay Elementary School

    Elementary · 7.2 mi away

  • Dune Lakes Elementary School

    Elementary · 8.2 mi away

  • Surfside Middle School

    Secondary · 8.4 mi away

  • Hutchison Beach Elementary School

    Elementary · 9.5 mi away

  • Surfside Kids Academy

    School · 10.0 mi away

  • Arnold Pre K

    Secondary · 10.3 mi away

  • Seaside Neighborhood School

    Elementary · 10.4 mi away

  • Emerald Coast Middle School

    Secondary · 10.5 mi away

  • JR Arnold High School

    Secondary · 10.6 mi away

  • Breakfast Point Academy

    School · 11.0 mi away

  • The Preschool at Point Washington

    School · 11.0 mi away

  • Bay Elementary School

    Elementary · 11.0 mi away

  • South Walton Montessori Academy

    Elementary · 11.1 mi away

  • Primary Prep School

    Elementary · 11.7 mi away

  • St Bernadette Early Childhood Development Center

    School · 12.1 mi away

  • Twisted Fork Culinary Classroom

    School · 13.1 mi away

  • Learning Tree II-Child Development Center

    School · 13.6 mi away

  • Stacey's Fun in the Sun Preschool 2 Inc.

    School · 13.6 mi away

Commute Calculator

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Moving Cost Estimate

EXIT Agents in Panama City Beach

Listing Courtesy: The Mary Stephens Team - 8509742709

IDX property data is provided exclusively for consumers’ personal, non-commercial use, and IDX data may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS. IDX data provided by the Emerald Coast Association of Realtors.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by EmeraldCoast. MLS® Listing#985686. © 2026EXIT Realty®. All rights reserved.