8700 Front Beach Rd Unit 5305, Panama City Beach, FL, 32407

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8700 Front Beach Rd Unit 5305, Panama City Beach$285,000

Buyer Closing Credits

$3,384^*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium

ParkingGarage, Guest

Year Built2008

HeatingCentral

CoolingCeiling Fan(s), Central Air

MLS #945068

StatusActive

About 8700 Front Beach Rd Unit 5305

Zillow 360° Tour Available! Highly sought-after Top Floor Unit with COURTYARD and POOL VIEWS. Parking Garage on same level, for easy access! 2 Master Suites w/walk-in closets. Open concept living and dining area. Access to large balcony from all 3 rooms. Island Reserve is an oasis away from all the hustle and bustle, but in a prime location: 1.2 miles away from both the Beaches & Hathaway Bridge. Island Reserve association dues which include everything except Electric & Cable/Internet service. Unbeatable amenities to include a 1-acre pool, State of the art Fitness center, Indoor Heat and cooled Gymnasium with a Basketball court, and Elevators in each Building. Plush Gardens and fountains in between buildings. Full-time residents and owners only.

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Property Details

Property Features

Property Information:

• Architectural Style: N/A
• Year Built: 2008
• Living Area: 1,325 SqFt

Listing Office:

• Office Name: LPT Realty LLC
• Office Email: flbrokers@lptrealty.com
• Listing Agent: Kerry J Jackson

Interior Features

Interior Information:

• Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Ice Maker, Electric Oven, Washer
• Flooring Type: Laminate
• Interior: Ceiling Crown Molding, Kitchen Island, Split Bedroom, Washer/Dryer Hookups

Bedroom and Bathroom Information:

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

Exterior Features

Exterior Information:

• Private Pool: No
• Exterior: Balcony

Parking Information:

• Attached Garage: No
• Parking: Garage, Guest

Utilities

Utilities Information:

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

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: From the Hathaway Bridge, head west on Highway 98 and turn right into Island Reserve across from Laurie Ave.

Price Information

Listing Price Info

Price Summary:

• List Price: $285,000
• Price Per SqFt: $215/SqFt

HOA Fees:

• Amount: $1510
• Frequency: Quarterly

Tax Information:

• Annual Amount: $2,046
• Tax Year: 2020

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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

8700 Front Beach Rd Unit 5305 vs Panama City Beach

40 DAYS ON ROCKET

-55 Days

$285,000

-$194.9K Less

$215/SqFt

-$138 Less

KEY TAKEAWAY

This property is $194.9K less than the Median Sold Price and $138/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: Emerald Coast Association of REALTORS®
• MLS Number: #945068

Listing Office:

• Office Name: LPT Realty LLC
• Office Email: flbrokers@lptrealty.com
• Listing Agent: Kerry J Jackson

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: 4/28/2024, 12:20:24 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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Property Sales & Tax

Listing History

DATE	EVENT	PRICE
Jun 15, 2009	Jun 15, 2009Home Sold	$84,700

Tax History

YEAR	PROP. TAX	ASSESSMENT
2020	$2,046	$166,175
2018	$1,744	$135,575
2017	$1,593	$123,250

History based on county public records data.

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**Disclosures

Rocket Homes›Florida›Bay County›Panama City Beach›32407›8700 Front Beach Rd Unit 5305

This home is located at 8700 Front Beach Rd Unit 5305 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 March 18, 2024 and is currently priced at $285,000.

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. Between February 2024 and March 2024, Panama City Beach, FL real estate market has seen increase in the number of listings by 9.3%. 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.