Waterfront Escape at Treasure Cove Looking for the perfect second home that doubles as a smart investment? Welcome to Unit C205 at Treasure Cove in Panama City Beach -- a charming 1-bedroom, 1-bath lagoon-front condo offering the ideal balance of vacation getaway and income-generating potential.Located right on Grand Lagoon, this property gives you front-row access to all the water activities PCB is known for -- paddleboard directly from the dock, rent a pontoon for a day at Shell Island, or book an offshore fishing trip or jet ski tour just steps away. The famous Sea Screamer cruise and other waterfront adventures are right across the street.When you're not using it yourself, take advantage of the short-term rental opportunity to offset your expenses -- this community allows vacation rentals and sits in a high-demand area for visitors. With multiple popular local restaurants within walking distance and Beach Access #2 only half a mile away, it's a location guests will love (and keep coming back to).Whether you're seeking a low-maintenance coastal retreat or a vacation home that works for you when you're not there, Unit C205 is a affordable find in a prime PCB location.