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Backup Offers

10611 Front Beach Rd Unit 2103, Panama City Beach, FL, 32407

$897,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
4 Full Baths
1,637 SqFt
$548/SqFt
Condo

Location

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10611 Front Beach Rd Unit 2103, Panama City Beach$897,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned
Garage1 space
Year Built2006
HeatingCentral, Electric
CoolingCentral Air, Ceiling Fan(s), Electric
WaterfrontGulf
ViewGulf
MLS #757467
StatusAccepting Backup Offers
(Active Under Contract)

About 10611 Front Beach Rd Unit 2103

Welcome to your slice of paradise at Ocean Ritz, one of Panama City Beach's premier beachfront destinations! This rare 4-bedroom, 4-bathroom penthouse-level condo offers a unique blend of elegance and comfort. Enjoy breathtaking moments from your oversized balcony with unobstructed west-facing sunset views. Whether you're seeking a permanent residence, a vacation home, or a lucrative rental investment, this condo epitomizes coastal living.With 1,637 sq. ft. of living space, this condo has one of the most expansive and sought-after floor plans on the beach. You and your guests will love the 10' high ceilings, crown molding, and custom 8' doors. The unit features four beautifully decorated bedrooms, including two Gulf front suites with sliding doors leading to the expansive balcony. The four full baths feature high-end finishes, and the primary suite offers a luxurious jetted tub, perfect for unwinding after a day on the beach.At approximately 493 sq. ft., the balcony is one of the largest in the area, offering panoramic Gulf views. It's the perfect space for entertaining, dining al fresco, or simply relaxing while watching stunning sunsets. Enjoy the convenience of the building's covered, assigned parking beside the high-speed, air-conditioned elevators.Dip in the seasonally heated Gulf front pool or relax in the jacuzzi spa. Stay active in the on-site fitness area and unwind in the sauna. The grilling area is ideal for barbecue enthusiasts who enjoy cooking with a view. Situated in the heart of Panama City Beach, Ocean Ritz is surrounded by various dining, shopping, and entertainment options. The vibrant tourism scene ensures there's always something exciting happening, from local festivals to beachfront activities.This turn-key condo is rental-ready with an excellent rental history, making it an ideal investment property. The demand for vacation rentals in Panama City Beach remains strong year-round, thanks to the area's beautiful beaches, pleasant climate, and numerous attractions. The Emerald Coast is renowned for its stunning white-sand beaches and crystal-clear waters. Enjoy a subtropical climate with mild winters, warm summers, and abundant opportunities for eco-tourism, state parks, and marine life encounters.Take advantage of owning in this low-density building with only 63 units and 3 per floor. Fully furnished and ready to enjoy, this condo is the perfect place to call home or add to your investment portfolio. Contact us for more information or to schedule a private showing. Now is the time to start living your dream beach life!**All measurements and information is approximate.... to be verified by buyer or buyer's agent if important.**

Property Details

Property Features

Property Information:

  • Architectural Style: High Rise
  • Year Built: 2006
  • Living Area: 1,637 SqFt

Listing Office:

  • Office Name: Compass Florida, LLC

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Waterfront: Gulf
  • View: Gulf
  • Exterior: Built-in Barbecue, Balcony

Parking Information:

  • Garage Space: 1 space
  • Parking: Assigned

Virtual/3D Tour

  • 3D Tour: 10611 Front Beach Rd Unit 2103
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Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: Turn left onto Front Beach Road. Continue on Front Beach Road for approximately .4 miles.Look for Ocean Ritz Condominium on the right side of the road.

Price Information

Listing Price Info

Price Summary:

  • List Price: $897,000
  • Price Per SqFt: $548/SqFt

HOA Fees:

  • Amount: $1075
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $4,173
  • 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

$464.7K

Med. Price/SqFt

$328

Avg. Days On Market

104

# of Sold Homes

129

10611 Front Beach Rd Unit 2103 vs Panama City Beach

184 DAYS ON ROCKET

+80 Days

$897,000

+$432.2K More

$548/SqFt

+$219 More

KEY TAKEAWAY

This property is $432.2K more than the Median Sold Price and $219/SqFt more 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: #757467

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: 11/21/2024, 11:55:52 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 10, 2016Home Sold
$402,500
Mar 20, 2008Home Sold
$469,000
Dec 05, 2006Home Sold
$445,000

Tax History

YEARPROP. TAXASSESSMENT
2020$4,173$343,188
2018$4,349$358,095
2017$3,863$340,425

History based on county public records data.

Payment Calculator

$5,619

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,756

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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.

Nearby Schools

school-card-donut-468273
5
/10

  • Hutchison Beach Elementary School

  • 12900 Hutchison Blvd

  • 2.14 miles

  • Public District Grades KG-5

school-card-donut-468274
7
/10

  • Patronis Elementary School

  • 7400 Patronis Dr

  • 2.84 miles

  • Public District Grades KG-5

school-card-donut-468275
3
/10

  • Lucille Moore Elementary School

  • 1900 Michigan Ave

  • 6.19 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $76,250. The most common annual income of people living in Panama City Beach, FL is between $35k-100k. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 10611 Front Beach Rd Unit 2103

What is the listing price of this property?

The listing price of 10611 Front Beach Rd Unit 2103 property is $897,000.

What type of property is this?

The property 10611 Front Beach Rd Unit 2103 is a condo located in Panama City Beach, Florida, 32407.

Is this property for sale now?

Accepting Backup Offers: 10611 Front Beach Rd Unit 2103 is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $4,173 (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 10, 2016 for $402,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 10611 Front Beach Rd Unit 2103 has 4 bedrooms and 4 bathrooms.

What is the square footage of this property?

The property 10611 Front Beach Rd Unit 2103 is 1,637 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 10611 Front Beach Rd Unit 2103 is 2006.

Rocket Homes›Florida›Bay County›Panama City Beach›32407›10611 Front Beach Rd Unit 2103

This home is located at 10611 Front Beach Rd Unit 2103 in Panama City Beach, FL and zip code 32407 in the Long Beach Resort neighborhood. This 1,637 square foot home was built in 2006. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since May 22, 2024 and is currently priced at $897,000.

In October 2024 more than 5 listings in Panama City Beach, FL were sold above the asking price. During the same period more than 25 listings were sold at asking price, while more than 99 were sold below. The inventory of homes for sale in Panama City Beach, FL between September 2024 and October 2024 increased by 0.4%. While the average time on the market in October 2024 was 104 days, the median list price was $464,783.

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

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