16701 Front Beach Rd Unit 503, Panama City Beach, FL, 32413

Location

Get An Agent. Get A Mortgage.

Let Us Help You Buy A Home And Save BIG

Save BIG.

16701 Front Beach Rd Unit 503, Panama City Beach$455,000

Buyer Closing Credits

$5,403^*

1.25% Loan Amount

Sell Your Home And Save More

Connect With An Agent

Still Have Questions? Contact Us.

1 (855) 200-2001

Property Highlights

Home TypeCondominium

ParkingGarage

Year Built2008

CoolingCeiling Fan(s), Central Air

WaterfrontGulf

ViewGulf

MLS #927617

StatusActive

About 16701 Front Beach Rd Unit 503

Opportunity to acquire a highly sought after 1 Bedroom w/ Hall Bunks on a Lower Floor Unit in Sterling Breeze. One of Panama City Beachs Premier and Highly Maintained Resort Developments. The resort features Gulf Front Swimming Pool, Hot Tub, Snack Bar, Lounging area, Sunning Deck, Fitness Center and Electric Grills on EVERY Balcony! This 1 Bedroom with Hall Bunks is in excellent condition and makes an instant turn key investment or a family second home on the Gulf. Updated Master Shower, Low Maintenance Tile and Vinyl Plank floors, New Balcony Furniture, and Parking Garage. Just 13 miles to the International Airport, 1/2 mile to Pier Parks shopping and dining and 10 minutes to Scenic 30A! BUYER TO VERIFY ALL IMPORTANT INFO.

View More

Property Details

Property Features

Property Information:

• Architectural Style: N/A
• Year Built: 2008
• Living Area: 914 SqFt

Listing Office:

• Office Name: Beachy Beach Real Estate
• Office Email: karen@beachybeach.com
• Listing Agent: Mark A Vickers

Interior Features

Interior Information:

• Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Electric Oven
• Flooring Type: Tile
• Interior: Breakfast Bar

Bedroom and Bathroom Information:

• Full Bathrooms: 2
• Total Bedroom Count: 1

Exterior Features

Exterior Information:

• Private Pool: No
• Waterfront: Gulf
• View: Gulf
• Exterior: Balcony, BBQ Pit/Grill

Parking Information:

• Attached Garage: No
• Parking: Garage

Utilities

Utilities Information:

• Cooling: Ceiling Fan(s), 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 Intersection of Front Beach Rd and Hwy 79 South, head east on FBR. Sterling Breeze is on the Right on the Gulf.

Price Information

Listing Price Info

Price Summary:

• List Price: $455,000
• Price Per SqFt: $498/SqFt

HOA Fees:

• Amount: $825
• Frequency: Monthly

Tax Information:

• Annual Amount: $2,741
• Tax Year: 2020

What can I afford?

Understand what home price range makes sense for your budget.

See What I Can Afford

Housing Market Comparison

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

Panama City Beach, FL

City

Med. Sold Price

$479.9K

Med. Price/SqFt

$352

Avg. Days On Market

95

# of Sold Homes

114

16701 Front Beach Rd Unit 503 vs Panama City Beach

292 DAYS ON ROCKET

+197 Days

$455,000

-$24.9K Less

$498/SqFt

+$145 More

KEY TAKEAWAY

This property is $24.9K less than the Median Sold Price and $145/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: #927617

Listing Office:

• Office Name: Beachy Beach Real Estate
• Office Email: karen@beachybeach.com
• Listing Agent: Mark A Vickers

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.

View More

Property Sales & Tax

Listing History

DATE	EVENT	PRICE
Mar 16, 2021	Mar 16, 2021Home Sold	$315,500
Jul 26, 2018	Jul 26, 2018Home Sold	$272,000
Jul 06, 2012	Jul 06, 2012Home Sold	$169,900

Tax History

YEAR	PROP. TAX	ASSESSMENT
2020	$2,741	$231,200
2018	$2,343	$187,425
2017	$2,139	$187,000

History based on county public records data.

Payment Calculator

Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.

$3,163

Per Month

Principal & Interest

$2,271

Home Price

Home PriceThe dollar amount you pay for the home.

$

Interest Rate

Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.

%

Down Payment

Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.

$Down PaymentPercent%

Loan Term

Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.

30 year25 year20 year15 year10 year

Property Taxes

$0

Annual Cost

Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.

$/ Year

Mortgage Insurance

$0

Monthly Premium

Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.

$/ Month

Homeowners Insurance

$67

Monthly Premium

Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.

$/ Month

Homeowners Association (HOA)

$825

Monthly Fees

Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.

$/ Month

Utilities

$0

Monthly Cost

Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.

$/ Month

*Disclosures

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,431

See More Options

Connect With A Banker

Powered By

Advertisement

NMLS#3030

**Disclosures

Rocket Homes›Florida›Bay County›Panama City Beach›32413›16701 Front Beach Rd Unit 503

This home is located at 16701 Front Beach Rd Unit 503 in Panama City Beach, FL and zip code 32413. This 914 square foot home was built in 2008. Features: 1 bedroom, 2 bathrooms. It has been listed on Rocket Homes since July 11, 2023 and is currently priced at $455,000.

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. While the average time on the market in March 2024 was 95 days, the median list price was $479,991.

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