404B MARINA VILLAGE RESIDENCES TOWER B #404B ,

$1,100,000

5 Beds

5 Baths

2600 sqft

Property Details

MLS#

A11970069

Type

Condominium

Status

Active Listing

Square Footage

2,600

Bedrooms

5

Bathrooms

5 full

Year Built

2025

Tax Amount

$1,000

Garage Spaces

2

HOA Fees

$521

Property Description

PANAMA, CARIBBEAN COAST, 70 MIN FROM THE CITY – Marina Village 404B at Playa Escondida. Turnkey 4BR/4BA + maid’s quarters residence offering approx. 2,583 sq ft (240 m²) of interior space and 2 covered parking spaces. Positioned as a high-end short-term rental investment within a gated beachfront resort community. This developer unit has been significantly upgraded with over $200,000 in improvements, including custom kitchen enhancements (~$30K), premium appliance package (~$18K), upgraded A/C systems (~$22K), lighting, finishes, and full designer furnishings. Delivered fully turnkey and already integrated with a professional property management system and direct-booking platform. Only two months into rental operations, offering immediate income potential without the delays, design coordination, or capital outlay required to replicate these finishes. Comparable developer inventory (without upgrades, appliances, furniture, or closing costs) is marketed around $325 per sq ft (approx. $3,500/m²), plus a 5% developer closing fee. Located in Playa Escondida with beach access, marina, pools, restaurant, and 24/7 security. Ideal for investors seeking a luxury, income-producing beachfront asset with strong short-term rental positioning.

Amenities

Cooling:Central Air, Electric, Zoned

Barbeque

Open Balcony

First Floor Entry

Built-in Features

Closet Cabinetry

Cooking Island

Fire Sprinklers

Laundry Tub

Split Bedroom

Volume Ceilings

Family Room

Maid/In-Law Quarters

Storage

Utility Room/Laundry

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