2 months on rocket

8700 Front Beach Rd Unit 5316, Panama City Beach, FL, 32407

$389,000

Home List Price

$4,619*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
1,761 SqFt
$221/SqFt
Condo
Schools Nearby

Location

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8700 Front Beach Rd Unit 5316, Panama City Beach$389,000

Buyer Closing Credits

$4,619*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAttached, Garage
Attached Garage2 spaces
Year Built2008
HeatingCentral
CoolingCentral Air, Ceiling Fan(s)
MLS #752548
StatusActive

About 8700 Front Beach Rd Unit 5316

Spacious 3 Bed / 2.5 Bath end unit located at Island Reserve in Panama City Beach. This top floor unit features over 1700 square feet of indoor living space along with a large wrap around balcony with pool views. The main bedroom offers direct balcony access along with an abundance of natural light. The main bath features a double vanity, a garden tub with a separate shower and a walk-in closet. The heart of Island Reserve is its impressive lagoon style pool. Highlights of the pool include zero entry, waterfalls, hot tub and a splash pad. Other amenities include a Fitness Center, Indoor Basketball Court, Community Room & Theatre. Only 1.2 miles to Public Beach Access 24. Short-term rental is not allowed. Room sizes and square footage are approximate. If important, please measure. Schedule a showing today!

Property Details

Property Features

Property Information:

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

Listing Office:

  • Office Name: Keller Williams Success Realty

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Cooktop, Electric Oven, Electric Water Heater, Disposal, Microwave, Refrigerator

Bedroom and Bathroom Information:

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

Exterior Features

Exterior Information:

  • Exterior: Balcony

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached, Garage

Virtual/3D Tour

  • 3D Tour: 8700 Front Beach Rd Unit 5316

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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: From Panama City - take HWY 98 West over the Hathaway Bridge to Front Beach Rd. Go 1 mile on Front Beach Rd. and Island Reserve will be on the Right. 8700 Front Beach Rd.

Price Information

Listing Price Info

Price Summary:

  • List Price: $389,000
  • Price Per SqFt: $221/SqFt

HOA Fees:

  • Amount: $2091
  • Frequency: Quarterly

Tax Information:

  • Annual Amount: $2,708
  • 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

$477.3K

Med. Price/SqFt

$350

Avg. Days On Market

83

# of Sold Homes

160

8700 Front Beach Rd Unit 5316 vs Panama City Beach

83 DAYS ON ROCKET

-0 Day

$389,000

-$88.3K Less

$221/SqFt

-$130 Less

KEY TAKEAWAY

This property is $88.3K less than the Median Sold Price and $130/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: #752548

Listing Office:

  • Office Name: Keller Williams Success Realty

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: 5/2/2024, 10:20:35 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

May 18, 2021Home Sold
$295,000

Tax History

YEARPROP. TAXASSESSMENT
2020$2,708$219,300
2018$2,336$182,456
2017$2,178$173,400

History based on county public records data.

Payment Calculator

$2,706

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,233

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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-5021555
6
/10

  • Breakfast Point Academy

  • 601 North Richard Jackson Blvd

  • 2.08 miles

  • Public District Grades PK-8

High School

school-card-donut-5021556
5
/10

  • J.R. Arnold High School

  • 550 N Alf Coleman Rd

  • 2.23 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 $53,858. Most Panama City Beach, FL residents have annual incomes less than $35k. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 8700 Front Beach Rd Unit 5316

What is the listing price of this property?

The listing price of 8700 Front Beach Rd Unit 5316 property is $389,000.

What type of property is this?

The property 8700 Front Beach Rd Unit 5316 is a condo located in Panama City Beach, Florida, 32407.

Is this property for sale now?

Active Listing: 8700 Front Beach Rd Unit 5316 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 5316 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 $2,708 (source: MLS/based on county public records data).

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

The last sale was on May 18, 2021 for $295,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 8700 Front Beach Rd Unit 5316 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 5316 is 1,761 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 8700 Front Beach Rd Unit 5316 is 2008.

Rocket Homes›Florida›Bay County›Panama City Beach›32407›8700 Front Beach Rd Unit 5316

This home is located at 8700 Front Beach Rd Unit 5316 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 February 09, 2024 and is currently priced at $389,000.

In April 2024 more than 9 listings in Panama City Beach, FL were sold above the asking price. During the same period more than 16 listings were sold at asking price, while more than 135 were sold below. The inventory of homes for sale in Panama City Beach, FL between March 2024 and April 2024 increased by 4.6%. In April 2024 median list price was $477,347 and the average listing age was 83 days.

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

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