8 months on rocket

11483 Front Beach Rd Unit 508, Panama City Beach, FL, 32407

$500,000

Home List Price

$5,938*

Closing Credit

2 Bedrooms
2 Full Baths
1,055 SqFt
$474/SqFt
Condo

Location

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11483 Front Beach Rd Unit 508, Panama City Beach$500,000

Buyer Closing Credits

$5,938*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingElectric Vehicle Charging Station(s), Gated, Permit Required, RV Access/Parking
Year Built1985
HeatingCentral, Electric
CoolingCentral Air, Electric
WaterfrontGulf
MLS #753449
StatusActive

About 11483 Front Beach Rd Unit 508

This updated 2-bedroom, 2-bathroom condominium located at Edgewater Beach and Golf Resort offers the perfect blend of breathtaking Gulf front views and location. Located on the very desirable low 5th floor level in the popular Tower I building.Numerous improvements have been made to this condominium that include a new water heater, refrigerator, cook stove, new beds in the primary bedroom and guest bedroom, and sofas in the living room and primary bedroom that convert to a sofa sleeper and bunk bed. A new sliding glass door that opens to the balcony has been installed. All of these improvements were made approx. 1 year ago. The air handler was replaced approx. 2 years ago and the TV's are approx. 3 years old. Other updates and features include, stylish tile flooring throughout the condo for both ease of maintenance and appearance. Decorative frames with accent lighting have been added to artwork and TV's throughout the unit, as well as new curtains. Both bathrooms have been updated with glass sliding enclosures, and the primary bathroom includes a Jacuzzi tub. Edgewater Beach and Golf Resort is renowned for its array of amenities, including multiple pools, a fitness center, tennis and pickle ball courts, golf, corner market, all season restaurant, conference facilities and direct beach access. The resort includes gated, same side of the street parking for ease of access with no parking garage to contend with. Whether you're seeking a full-time residence or a vacation getaway, this condominium offers the perfect blend of comfort, style, and convenience.

Property Details

Property Features

Property Information:

  • Architectural Style: High Rise
  • Year Built: 1985
  • Living Area: 1,055 SqFt

Listing Office:

  • Office Name: RC Real Estate Group

Interior Features

Interior Information:

  • Appliances: Washer/Dryer Stacked, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Range Hood
  • Interior: Breakfast Bar, Recessed Lighting, Smart Thermostat, Track Lighting

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Waterfront: Gulf
  • Exterior: Balcony

Parking Information:

  • Parking: Electric Vehicle Charging Station(s), Gated, Permit Required, RV Access/Parking

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Electric

Other

Directions Information:

  • Directions: From US-98 , turn onto Richard Jackson Blvd, continue through the traffic light at Front Beach Road. Edgewater Beach and Golf Resort will be on the right. Tower I building is the center tower behind the lagoon pool.

Price Information

Listing Price Info

Price Summary:

  • List Price: $500,000
  • Price Per SqFt: $474/SqFt

HOA Fees:

  • Amount: $2646
  • Frequency: Quarterly

Tax Information:

  • Annual Amount: $3,094
  • 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

$464.7K

Med. Price/SqFt

$328

Avg. Days On Market

104

# of Sold Homes

129

11483 Front Beach Rd Unit 508 vs Panama City Beach

266 DAYS ON ROCKET

+162 Days

$500,000

+$35.2K More

$474/SqFt

+$145 More

KEY TAKEAWAY

This property is $35.2K more than the Median Sold Price and $145/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: #753449

Listing Office:

  • Office Name: RC Real Estate Group

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: 11/22/2024, 6:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jan 11, 2011Home Sold
$215,000
Dec 02, 2004Home Sold
$479,000

Tax History

YEARPROP. TAXASSESSMENT
2020$3,094$253,725
2018$2,744$221,000
2017$2,480$221,000

History based on county public records data.

Payment Calculator

$3,445

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,566

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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-539276
5
/10
  • Hutchison Beach Elementary School

  • 12900 Hutchison Blvd

  • 1.39 miles

  • Public District Grades KG-5

school-card-donut-539277
7
/10
  • Patronis Elementary School

  • 7400 Patronis Dr

  • 3.52 miles

  • Public District Grades KG-5

school-card-donut-539278
3
/10
  • Lucille Moore Elementary School

  • 1900 Michigan Ave

  • 6.78 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $42,156. Most Panama City Beach, FL residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 11483 Front Beach Rd Unit 508

What is the listing price of this property?

The listing price of 11483 Front Beach Rd Unit 508 property is $500,000.

What type of property is this?

The property 11483 Front Beach Rd Unit 508 is a condo located in Panama City Beach, Florida, 32407.

Is this property for sale now?

Active Listing: 11483 Front Beach Rd Unit 508 is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,094 (source: MLS/based on county public records data).

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

The last sale was on January 11, 2011 for $215,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 11483 Front Beach Rd Unit 508 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 11483 Front Beach Rd Unit 508 is 1,055 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 11483 Front Beach Rd Unit 508 is 1985.

Rocket HomesFloridaBay CountyPanama City Beach3240711483 Front Beach Rd Unit 508

This home is located at 11483 Front Beach Rd Unit 508 in Panama City Beach, FL and zip code 32407. This 1,055 square foot home was built in 1985. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 29, 2024 and is currently priced at $500,000.

While more than 5 listings in Panama City Beach, FL in October 2024 were sold above asking price, there were more than 25 listings sold at asking price, and more than 99 were sold below. Between September 2024 and October 2024, Panama City Beach, FL real estate market has seen increase in the number of listings by 0.4%. In October 2024 median list price was $464,783 and the average listing age was 104 days.

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

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