Oceanfront 3-Bedroom Apartment on Avenida Balboa

A rare oceanfront canvas on Avenida Balboa

Avenida Balboa, Panamá

Active

$550,000

USD$1,303 / m²

  • 3Bed
  • 2Bath
  • 332 m²3,574 ft²
  • 3Parking

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Overview

Set along Panama City’s iconic Avenida Balboa, this expansive apartment pairs an oceanfront setting with the privacy of just one residence per floor. Its generous terrace and direct ocean view give the home a distinctive starting point for a renovation designed around your own style. The apartment offers 422.1 m² in total, including 332 m² of interior space and a 90 m² terrace. The layout includes three bedrooms, a large study that can serve as an optional fourth bedroom, a closed kitchen, a maid’s room with bathroom, and an expansive living-dining area with a direct ocean view. A guest bathroom, walk-in closets, and marble and wood flooring complete the described features. Three parking spaces are included. The apartment requires renovation. Residents have access to a pool, gym and event room, with 24/7 concierge and security. The building has entrances from Avenida Balboa and Calle 47 and dates to 1999. The reported HOA is $550 per month. For buyers seeking a substantial waterfront home with scope to personalize, this Avenida Balboa residence offers room to make the next chapter their own. Contact us to arrange a viewing.

In Short

An Avenida Balboa apartment for sale at $550,000, with three bedrooms, a large study, a 90 m² terrace, three parking spaces and a reported $550 monthly HOA. The apartment requires renovation.

Before You Decide

  • Renovation is required, so buyers should assess the scope and budget before proceeding.
  • Confirm the bathroom total and the exact interior and terrace measurements.
  • Verify what the $550 monthly HOA includes and whether any assessments are pending.
  • Confirm the allocation and title status of the three parking spaces.

The apartment requires renovation.

Highlights

  • 422.1 m² total, including a 90 m² terrace
  • Three bedrooms plus a large study that can serve as a fourth bedroom
  • Direct ocean view from the living-dining area
  • One apartment per floor for added privacy
  • Three parking spaces
  • Closed kitchen and maid’s room with bathroom
  • Marble and wood flooring; renovation required
  • Pool, gym, event room, 24/7 concierge and security

At a Glance

Status
Available
Asking price
$550,000
Price per m²
$1,303.01/m²
Bedrooms
3 bedrooms
Total area
422.1 m²
Interior area
332 m²
Terrace
90 m²
Parking
3 spaces
Monthly HOA
$550/month
Building year
1999
View
Direct ocean view from living-dining area
Property type
Apartment
Neighborhood
Avenida Balboa
City
Panama City
Listing ID
CNV-PROP-066400

Key Facts

Category
Residential
Unit type
Apartment Condo
New or resale
Resale
Market tier
Luxury
Listed
5 October 2026
Last updated
5 October 2026

Frequently Asked Questions

What is the monthly HOA fee?
The reported HOA fee is $550 per month.
How many parking spaces are included?
The apartment is listed with 3 parking spaces.
Which building amenities are available?
The building has a pool, gym, event room, 24/7 concierge and 24/7 security.
Does the apartment need renovation?
Yes. The apartment requires renovation.
How many residences are on each floor?
The building has one apartment per floor.
What is the asking price?
The asking price is $550,000.
How many bedrooms does the apartment have?
The apartment has 3 bedrooms and a large study that may serve as a fourth bedroom.

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Interested in Oceanfront 3-Bedroom Apartment on Avenida Balboa?

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