1 month on rocket

12011 Front Beach Rd Unit 1605B, Panama City Beach, FL, 32407

$550,000

Home List Price

$6,531*

Closing Credit

2 Bedrooms
2 Full Baths
1,076 SqFt
$511/SqFt
Condo
Schools Nearby

Location

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12011 Front Beach Rd Unit 1605B, Panama City Beach$550,000

Buyer Closing Credits

$6,531*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingGarage
Year Built2005
HeatingCentral
CoolingCentral Air
WaterfrontGulf
ViewGulf
MLS #945254
StatusActive

About 12011 Front Beach Rd Unit 1605B

Step into your slice of paradise at unit 1605 in the exquisite Sterling Reef. Offering exceptional value, this 2-bedroom, 2-bathroom condo boasts a gulf-front master bedroom, ensuring breathtaking views every day. Meticulously maintained by the sellers, this property exudes charm and comfort from the moment you step inside. Situated in Panama City Beach, Sterling Reef presents an outstanding rental opportunities with its proximity to Pier Park, M.B. Miller County Pier, Shipwreck Island, and other attractions. Enjoy the convenience of two pools, including a seasonally heated 4,000 sq.ft. bi-level pool, a fitness center, and an activity room equipped with a flatscreen TV. Relish in outdoor gatherings at the grill and lounge area overlooking the pristine beaches. Recent updates include new tile floors and HVAC in 2022 and to the building, updates include a fresh coat of paint in 2022 and the installation of two new elevators, ensuring modern convenience and aesthetic appeal. Additionally, parking under the building enhances accessibility for residents and guests alike. Dont miss out on this remarkable opportunity to experience coastal living at its finest.

Property Details

Property Features

Property Information:

  • Architectural Style: N/A
  • Year Built: 2005
  • Living Area: 1,076 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Email: denis.mckinnon@cbrealty.com
  • Listing Agent: Michael Tomlin

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Electric Oven, Washer
  • Flooring Type: Tile, Carpet
  • Interior: Breakfast Bar

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Gulf
  • View: Gulf
  • Exterior: Balcony

Parking Information:

  • Attached Garage: No
  • Parking: Garage

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • J.R. Arnold High School, Public District Grades 9-12
  • Surfside Middle School, Public District Grades 6-8
  • Hutchison Beach Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: From Hutchinson Blvd, Turn left toward front beach road on Richard Jackson. Take a right onto front beach road and follow about half a mile and you will see it near Alf Coleman. Alf Coleman is currently closed, which is why these directions are routing you down Richard Jackson

Price Information

Listing Price Info

Price Summary:

  • List Price: $550,000
  • Price Per SqFt: $511/SqFt

HOA Fees:

  • Amount: $785
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $3,308
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Panama City Beach, FL.

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Panama City Beach, FL

City

Med. Sold Price

$479.9K

Med. Price/SqFt

$352

Avg. Days On Market

95

# of Sold Homes

114

12011 Front Beach Rd Unit 1605B vs Panama City Beach

39 DAYS ON ROCKET

-56 Days

$550,000

+$70K More

$511/SqFt

+$158 More

KEY TAKEAWAY

This property is $70K more than the Median Sold Price and $158/SqFt more than other homes in Panama City Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Emerald Coast Association of REALTORS®
  • MLS Number: #945254

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Email: denis.mckinnon@cbrealty.com
  • Listing Agent: Michael Tomlin

IDX Information Deemed Reliable but not guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright 2024. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2024, 12:50:23 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 02, 2016Home Sold
$240,000
Aug 19, 2011Home Sold
$145,000
May 04, 2005Home Sold
$519,000

Tax History

YEARPROP. TAXASSESSMENT
2020$3,308$276,250
2018$2,751$222,717
2017$2,312$202,470

History based on county public records data.

Payment Calculator

$3,598

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,715

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2810857
5
/10

  • Hutchison Beach Elementary School

  • 12900 Hutchison Blvd

  • 0.95 miles

  • Public District Grades PK-5

Middle School

school-card-donut-2810858
5
/10

  • Surfside Middle School

  • 300 Nautilus St

  • 2.01 miles

  • Public District Grades 6-8

High School

school-card-donut-2810859
5
/10

  • J.R. Arnold High School

  • 550 N Alf Coleman Rd

  • 1.36 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $42,156. Residents of Panama City Beach, FL typically earn between $35k-100k each year. Most families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 12011 Front Beach Rd Unit 1605B

What is the listing price of this property?

The listing price of 12011 Front Beach Rd Unit 1605B property is $550,000.

What type of property is this?

The property 12011 Front Beach Rd Unit 1605B is a condo located in Panama City Beach, Florida, 32407.

Is this property for sale now?

Active Listing: 12011 Front Beach Rd Unit 1605B is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 12011 Front Beach Rd Unit 1605B are:
Hutchison Beach Elementary School: GreatSchools Rating 5/10
Surfside Middle School: GreatSchools Rating 5/10
J.R. Arnold High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,308 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on March 2, 2016 for $240,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 12011 Front Beach Rd Unit 1605B has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 12011 Front Beach Rd Unit 1605B is 1,076 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 12011 Front Beach Rd Unit 1605B is 2005.

Rocket Homes›Florida›Bay County›Panama City Beach›32407›12011 Front Beach Rd Unit 1605B

This home is located at 12011 Front Beach Rd Unit 1605B in Panama City Beach, FL and zip code 32407. This 1,076 square foot home was built in 2005. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 20, 2024 and is currently priced at $550,000.

In March 2024 more than 7 listings in Panama City Beach, FL were sold above the asking price. During the same period more than 22 listings were sold at asking price, while more than 85 were sold below. The number of homes for sale in Panama City Beach, FL increased by 9.3% between February 2024 and March 2024. The median list price of listings available in March 2024 was $479,991, while the average time on the real estate market was 95 days.

From Rocket Homes Real Estate and based on county public records data.

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