8 days on rocket

8700 Front Beach Rd Unit 1204, Panama City Beach, FL, 32407

$340,000

Home List Price

$4,038*

Closing Credit

2 Bedrooms
2 Full Baths, 1 Partial
1,325 SqFt
$257/SqFt
Condo
Schools Nearby

Location

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8700 Front Beach Rd Unit 1204, Panama City Beach$340,000

Buyer Closing Credits

$4,038*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingCovered, Detached, Garage, Gated, Community Structure
Year Built2008
HeatingCentral
CoolingCentral Air, Ceiling Fan(s)
MLS #754386
StatusActive

About 8700 Front Beach Rd Unit 1204

Welcome to 1204 Island Reserve, where you can sit back, relax and enjoy the good life! Island Reserve is an Exclusive Gated Community, with rich landscaping, walking paths and Five Star amenities! This unit is just steps from the parking garage and the east facing balcony, overlooking the tranquil courtyard, has the most spectacular sunrises! This meticulously kept 2 bedroom, 2.5 bath condo, has had many upgrades, which include high end luxury vinyl flooring throughout, plantation shutters, top of the line appliances, well worth over $15,000 and upgraded light fixtures and furnishings that make the space feel warm and inviting. When you are ready to enjoy the community, there is a 1-Acre Lagoon Style Pool, Community Club House, a Fitness Center, Kid's Splash Area, Indoor Basketball & Volleyball Courts, Billiard/Game Room and a Media Center with 100' Theater Screen. There are also two gated entrances to the community and the world's most beautiful beaches are just a five minute drive away. This is your next place in paradise!

Property Details

Property Features

Property Information:

  • Architectural Style: Mid Rise
  • Year Built: 2008
  • Living Area: 1,325 SqFt

Listing Office:

  • Office Name: Carillon Realty Inc

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, ENERGY STAR Qualified Appliances, Electric Range, Electric Water Heater, Disposal, Microwave, Washer
  • Flooring Type: Plank, Tile, Vinyl
  • Interior: Crown Molding, Kitchen Island, Recessed Lighting, Split Bedrooms

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Balcony

Parking Information:

  • Attached Garage: No
  • Parking: Covered, Detached, Garage, Gated, Community Structure

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air, Ceiling Fan(s)

School Info

Assigned Schools Information:

  • J.R. Arnold High School, Public District Grades 9-12
  • Breakfast Point Academy, Public District Grades PK-8

Other

Directions Information:

  • Directions: Traveling east on Hwy 98 in Panama City Beach, turn right onto Allison Avenue and turn left into Island Reserve. Building 1 will be just to the left. Park on second floor of parking garage and unit is just a few steps away.

Price Information

Listing Price Info

Price Summary:

  • List Price: $340,000
  • Price Per SqFt: $257/SqFt

HOA Fees:

  • Amount: $1510
  • Frequency: Quarterly

Tax Information:

  • Annual Amount: $1,131
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$479.9K

Med. Price/SqFt

$352

Avg. Days On Market

95

# of Sold Homes

114

8700 Front Beach Rd Unit 1204 vs Panama City Beach

8 DAYS ON ROCKET

-87 Days

$340,000

-$139.9K Less

$257/SqFt

-$96 Less

KEY TAKEAWAY

This property is $139.9K less than the Median Sold Price and $96/SqFt less than other homes in Panama City Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BCAR
  • MLS Number: #754386

Listing Office:

  • Office Name: Carillon Realty Inc

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange program of Central Panhandle Association of REALTORS®. IDX information is provided exclusively 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. Information deemed reliable but not guaranteed. Properties subject to prior sale, change, withdrawal or rental. Copyright© 2024 Central Panhandle Association of REALTORS.© 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: 4/28/2024, 3:25:19 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 02, 2015Home Sold
$145,000
Jul 15, 2009Home Sold
$120,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,131$166,175
2018$1,103$122,721
2017$1,083$120,197

History based on county public records data.

Payment Calculator

$2,267

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,086

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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.

Middle School

school-card-donut-2365362
6
/10
  • Breakfast Point Academy

  • 601 North Richard Jackson Blvd

  • 2.08 miles

  • Public District Grades PK-8

High School

school-card-donut-2365363
5
/10
  • J.R. Arnold High School

  • 550 N Alf Coleman Rd

  • 2.23 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $53,858. The most common annual income of people living in Panama City Beach, FL is less than $35k. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 8700 Front Beach Rd Unit 1204

What is the listing price of this property?

The listing price of 8700 Front Beach Rd Unit 1204 property is $340,000.

What type of property is this?

The property 8700 Front Beach Rd Unit 1204 is a condo located in Panama City Beach, Florida, 32407.

Is this property for sale now?

Active Listing: 8700 Front Beach Rd Unit 1204 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 8700 Front Beach Rd Unit 1204 are:
Breakfast Point Academy: GreatSchools Rating 6/10
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 $1,131 (source: MLS/based on county public records data).

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

The last sale was on October 2, 2015 for $145,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 8700 Front Beach Rd Unit 1204 has 2 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 8700 Front Beach Rd Unit 1204 is 1,325 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 8700 Front Beach Rd Unit 1204 is 2008.

Rocket HomesFloridaBay CountyPanama City Beach324078700 Front Beach Rd Unit 1204

This home is located at 8700 Front Beach Rd Unit 1204 in Panama City Beach, FL and zip code 32407. This 1,325 square foot home was built in 2008. Features: 2 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 19, 2024 and is currently priced at $340,000.

Over 7 listings were sold over their listed price in March 2024 in Panama City Beach, FL. In the same period over 85 listings were sold below the listed price and 22 listings were sold for the listed price. The number of listings 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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