Location in a Gulf Front Condo Affects Rental Rates

Posted by Kathy S Bass on Tuesday, January 8th, 2013 at 12:24pm.

Gulf front condo at The Commodore in Panama City Beach

Most people would think the ground floor is the best choice for a Gulf front rental condo.  Another thought is that higher is better. Both assumptions are wrong.

Ground floor condos offer the most direct path to the pool and the beach, but everybody that walks to the pool or the beach is walking by your unit. It robs you of some of the privacy, higher units afford. You may want to enjoy a morning cup of coffee in your pajamas on the porch, but not with all the early risers jogging by or the maintaince men cleaning the patio and pool.

   
   

How about the highest floors for that panoramic view? Maybe for some people who want to be alone, but sometimes the higher floors also come with a longer wait time for the elevator! Remember the jokes you played on people as a kid in elevators by pushing all the buttons when you got in the elevator? They still do that! It really bothers you the most if you are sun burned and wanting to get to your unit or you have an arm load of groceries and you stop on every floor on the way up.

Floors 2-6 are usually the most requested units and the units' annual gross income average is higher than the first or higher floors. You still get the privacy of a quieter deck experience but if mama has to yell down to the pool "lunch is ready" she can still get the kids attention!

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