3 months on rocket

8700 Front Beach Rd Unit 8107, Panama City Beach, FL, 32407

$405,000

Home List Price

$4,809*

Closing Credit

3 Bedrooms
3 Full Baths, 1 Partial
2,576 SqFt
$157/SqFt
Condo
Schools Nearby

Location

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8700 Front Beach Rd Unit 8107, Panama City Beach$405,000

Buyer Closing Credits

$4,809*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAttached, Garage, Garage Door Opener
Attached Garage2 spaces
Year Built2008
HeatingElectric
CoolingCentral Air, Ceiling Fan(s), Electric
MLS #748158
StatusActive

About 8700 Front Beach Rd Unit 8107

Nestled within the tranquil Island Reserve community in Panama City Beach, Unit 8107 offers a spacious and comfortable townhome with 3 bedrooms, 3.5 baths, and over 2,500 square feet of living space. Upon entering, you'll be greeted by an open floor plan, featuring contemporary finishes that create an inviting atmosphere. The kitchen has stainless-steel appliances, elegant granite countertops, and an island with bar seating for socializing. The living area is both cozy and stylish, and the private balcony offers a retreat to enjoy the surroundings. This townhome also includes a convenient 2-car garage, providing extra storage space. Island Reserve itself offers amenities like an extra-large resort style community pool, fitness center, indoor basketball court, and a tranquil courtyard for relaxation. Unit 8107 at Island Reserve, located at 8700 Front Beach Rd. in Panama City Beach, offers more than just a beautifully designed townhome. It places you within a short drive of several renowned hot spots and attractions. Explore the bustling Pier Park, a shopping and entertainment center where you can dine at diverse restaurants and indulge in retail therapy. Enjoy family-friendly fun at Gulf World Marine Park, where marine life takes the spotlight in shows and interactive exhibits. Nature lovers will appreciate nearby St. Andrews State Park and its hiking trails, snorkeling spots, and scenic waterfront areas. For a pristine beach experience, venture to Shell Island, accessible by boat and teeming with unspoiled beauty and wildlife. There's also Shipwreck Island Waterpark for aquatic adventures and several world-class golf courses for enthusiasts. Unit 8107 offers the perfect home base to enjoy all these attractions, and more, in the heart of Panama City Beach. Unit 8107 at Island Reserve is a spacious and well-appointed townhome that comes furnished minus a few decor and personal items. With amazing amenities and a prime location, it is the perfect place for full-time or second-home residency to experience all that this vibrant coastal community has to offer. Do not miss the opportunity to make this wonderful townhome your own.

Property Details

Property Features

Property Information:

  • Architectural Style: Low Rise
  • Year Built: 2008
  • Living Area: 2,576 SqFt

Listing Office:

  • Office Name: Compass Florida, LLC

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Disposal, Ice Maker, Refrigerator, Range Hood, Wine Cooler
  • Flooring Type: Carpet, Plank, Tile, Vinyl
  • Interior: Breakfast Bar, Crown Molding, High Ceilings, Kitchen Island, Pantry, Paneling/Wainscoting, Recessed Lighting, Storage, Window Treatments

Bedroom and Bathroom Information:

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

Exterior Features

Exterior Information:

  • Exterior: Balcony

Parking Information:

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

Lot Features

Lot Information:

  • Lot: Landscaped, Subdivision

Utilities

Utilities Information:

  • Heating: 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: From the bridge, travel west on Front Beach Rd, and turn right into Island Reserve which is across from Laurie Ave, once inside the gate, take the first left and look for the unit on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $405,000
  • Price Per SqFt: $157/SqFt

HOA Fees:

  • Amount: $3774
  • Frequency: Quarterly

Tax Information:

  • Annual Amount: $3,001
  • 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 8107 vs Panama City Beach

90 DAYS ON ROCKET

-5 Days

$405,000

-$74.9K Less

$157/SqFt

-$196 Less

KEY TAKEAWAY

This property is $74.9K less than the Median Sold Price and $196/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: #748158

Listing Office:

  • Office Name: Compass Florida, LLC

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, 11:25:18 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

Mar 13, 2015Home Sold
$800,000
Jun 30, 2009Home Sold
$220,000

Tax History

YEARPROP. TAXASSESSMENT
2020$3,001$243,432
2018$2,941$231,840
2017$2,962$231,840

History based on county public records data.

Payment Calculator

$3,347

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,281

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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-2711722
6
/10
  • Breakfast Point Academy

  • 601 North Richard Jackson Blvd

  • 2.08 miles

  • Public District Grades PK-8

High School

school-card-donut-2711723
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 majority of Panama City Beach, FL residents have income less than $35k annually. Most families are single, no kids. 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 8107

What is the listing price of this property?

The listing price of 8700 Front Beach Rd Unit 8107 property is $405,000.

What type of property is this?

The property 8700 Front Beach Rd Unit 8107 is a condo located in Panama City Beach, Florida, 32407.

Is this property for sale now?

Active Listing: 8700 Front Beach Rd Unit 8107 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 8107 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 $3,001 (source: MLS/based on county public records data).

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

The last sale was on March 13, 2015 for $800,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 8700 Front Beach Rd Unit 8107 has 3 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 8700 Front Beach Rd Unit 8107 is 2,576 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 8700 Front Beach Rd Unit 8107 is 2008.

Rocket HomesFloridaBay CountyPanama City Beach324078700 Front Beach Rd Unit 8107

This home is located at 8700 Front Beach Rd Unit 8107 in Panama City Beach, FL and zip code 32407. This 2,576 square foot home was built in 2008. Features: 3 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since January 29, 2024 and is currently priced at $405,000.

In March 2024, from all listings sold in Panama City Beach, FL there were more than 7 sold above asking price, over 85 sold below and more than 22 were sold right at the asked price. Between February 2024 and March 2024, Panama City Beach, FL real estate market has seen increase in the number of listings by 9.3%. In March 2024, listings were on the market for 95 days. During the same period, the median list price in this real estate market was $479,991.

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

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