PRICE REDUCED! **UPDATE!** The Seller's Lender has stated that there is the Possibility of assuming the mortgage to a well qualified buyer. 3.50% RATE! This recently constructed gem epitomizes luxury beach living with an extraordinary potential annual rental income. Boasting 2942 sq.ft of opulent indoor living space, this 5BR/4BA beach house, graced with an awe-inspiring GULF VIEW, offers a lifestyle of unparalleled sophistication.Nestled just steps from the pristine beach, this residence transcends the ordinary, enveloping residents and guests in a world of comfort and elegance. From the meticulously designed chef's kitchen, adorned with top-of-the-line stainless appliances, quartz countertops, and soft-close cabinets, to the sumptuous master suite on the second level, featuring a private balcony, double sinks with quartz countertops, a spacious walk-in shower, and a lavish soaker tub, every detail exudes luxury.Indulge in the expansive outdoor living areas, including three balconies, a patio, and a saltwater pool, creating an oasis of relaxation and entertainment. The pool area, a masterpiece of design, invites you to bask in the sunshine and enjoy the refreshing embrace of crystal-clear waters.Architectural excellence is evident with hurricane impact-proof windows and doors, reinforced walls, and a resilient metal roof, ensuring both durability and peace of mind. Throughout the home, high-end touches abound, including a gas water heater and the seamless luxury vinyl plank flooring.Beyond the confines of this impeccable residence, discover the allure of Panama City Beach, where the property's strategic location provides easy access to Pier Park, a Water Park, the City Pier, and a myriad of dining and entertainment options. This home seamlessly blends as an exquisite second home, while its potential for lucrative rental revenue adds a compelling dimension to your investment portfolio.Elevate your lifestyle with this extraordinary property - a masterpiece of design, a haven of comfort, and an excellent investment opportunity. Discover the epitome of coastal living, where every detail has been curated for those who appreciate the finer things in life.