27 days on rocket

8700 Front Beach Rd Unit 5315, Panama City Beach, FL, 32407

$397,000

Home List Price

$4,714*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
1,761 SqFt
$225/SqFt
Condo
Schools Nearby

Location

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8700 Front Beach Rd Unit 5315, Panama City Beach$397,000

Buyer Closing Credits

$4,714*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingGarage
Year Built2008
HeatingCentral, Electric
CoolingCentral Air, Ceiling Fan(s), Electric
Private PoolYes
MLS #755165
StatusActive

About 8700 Front Beach Rd Unit 5315

Motivated sellers! Welcome to your dream corner unit with its wraparound master balcony overlooking the panoramic view of sunsets over the sparkling pool. This recently updated, split floor plan sanctuary boasts a plethora of desirable features including high ceilings, crown molding, and LVP flooring throughout. The perfectly placed kitchen will illuminate your culinary adventures with under-cabinet lighting, all-new fixtures, double oven, sealed granite countertops, and modern LG stainless steel appliances. The master bedroom opens up to and overlooks the spacious balcony as well, creating the best view in Island Reserve. With two more bedrooms, Jack & Jill bathroom, 1/2 guest bath and full laundry room, this condo has everything you need to live your best Florida lifestyle. Indulge in the luxury of this community offering a range of amenities including a gorgeous pool with hot tub, clubhouse, fitness center, indoor basketball & pickleball court, game room, theatre room and more. Centrally located, and convenient to everything Panama City Beach has to offer; yet, also just a short trip over the bridge to Downtown Panama City.

Property Details

Property Features

Property Information:

  • Architectural Style: Low Rise
  • Year Built: 2008
  • Living Area: 1,761 SqFt

Listing Office:

  • Office Name: Think Real Estate

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Disposal, Range Hood, Washer
  • Flooring Type: Plank, Vinyl
  • Interior: Breakfast Bar, Bookcases, Crown Molding, High Ceilings, Kitchen Island, Recessed Lighting, Split Bedrooms, Smart Thermostat, Track Lighting

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Exterior: Balcony, Pool

Parking Information:

  • Parking: Garage

Utilities

Utilities Information:

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

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 Westbound from the Hathaway Bridge on Front Beach Rd, Island Reserve Condos will be on the Right. The Entrance is located at the traffic light/ intersection of Laurie Ave.

Price Information

Listing Price Info

Price Summary:

  • List Price: $397,000
  • Price Per SqFt: $225/SqFt

HOA Fees:

  • Amount: $2091
  • Frequency: Quarterly

Tax Information:

  • Annual Amount: $1,920
  • 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 5315 vs Panama City Beach

27 DAYS ON ROCKET

-68 Days

$397,000

-$82.9K Less

$225/SqFt

-$128 Less

KEY TAKEAWAY

This property is $82.9K less than the Median Sold Price and $128/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: #755165

Listing Office:

  • Office Name: Think Real Estate

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: 4/30/2024, 5:25:19 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

Dec 14, 2017Home Sold
$220,000
Aug 18, 2009Home Sold
$179,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,920$219,300
2018$1,875$184,450
2017$2,178$173,400

History based on county public records data.

Payment Calculator

$2,746

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,257

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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-3832444
6
/10
  • Breakfast Point Academy

  • 601 North Richard Jackson Blvd

  • 2.08 miles

  • Public District Grades PK-8

High School

school-card-donut-3832445
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. Typical income of Panama City Beach, FL residents is less than $35k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 8700 Front Beach Rd Unit 5315

What is the listing price of this property?

The listing price of 8700 Front Beach Rd Unit 5315 property is $397,000.

What type of property is this?

The property 8700 Front Beach Rd Unit 5315 is a condo located in Panama City Beach, Florida, 32407.

Is this property for sale now?

Active Listing: 8700 Front Beach Rd Unit 5315 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 5315 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 $1,920 (source: MLS/based on county public records data).

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

The last sale was on December 14, 2017 for $220,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 8700 Front Beach Rd Unit 5315 has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 8700 Front Beach Rd Unit 5315 is 1,761 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 8700 Front Beach Rd Unit 5315 is 2008.

Rocket HomesFloridaBay CountyPanama City Beach324078700 Front Beach Rd Unit 5315

This home is located at 8700 Front Beach Rd Unit 5315 in Panama City Beach, FL and zip code 32407. This 1,761 square foot home was built in 2008. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 03, 2024 and is currently priced at $397,000.

Panama City Beach, FL housing market in March 2024 saw over 7 listings sold above listed price, more than 22 sold at listed price and over 85 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%. Listings spent 95 days on the market in March 2024, and had a median list price of $479,991 during the same period.

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

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