3 months on rocket

11619 Front Beach Rd Unit 408, Panama City Beach, FL, 32407

$545,000

Home List Price

$6,472*

Closing Credit

2 Bedrooms
2 Full Baths
1,055 SqFt
$517/SqFt
Condo

Location

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11619 Front Beach Rd Unit 408, Panama City Beach$545,000

Buyer Closing Credits

$6,472*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingGated
Year Built1985
HeatingCentral, Electric
CoolingCentral Air, Ceiling Fan(s), Electric
WaterfrontGulf
ViewGulf
MLS #760107
StatusActive

About 11619 Front Beach Rd Unit 408

Don't miss the opportunity to own this stunning 2BR/2BA Gulf Front condo at Edgewater Beach Resort! The open floor plan features a spacious living area, dining space, and a modern kitchen with stainless steel appliances, granite countertops, and a breakfast bar. Step onto the private balcony to enjoy endless Gulf views. Beautifully decorated, this condo offers a relaxing ambiance both indoors and out, with spectacular views as the backdrop. Recent updates within the last 3-4 years include a new HVAC system, hot water heater, washer, dryer, and bedroom furniture, ensuring convenience and peace of mind. Edgewater Resort provides year-round enjoyment with heated pools and hot tub spas. Resort amenities include a beachfront lagoon pool, multiple sun decks, a poolside market, and an arcade. Membership to The Club at Edgewater grants access to exclusive amenities, including an Executive Par 3 golf course, tennis courts, a kids' splash pad, basketball courts, shuffleboard, and a full fitness center. Conveniently located within walking distance to a variety of restaurants, shops, and entertainment options, Edgewater Beach Resort is the prime spot for any investor looking for amenities paired with solid rental income! In 2023 with heavy owner usage, the condo still did over $33,000 in base rentals and if you add back in the personal usage income, this condo would have surpassed over $45,000 with ease. This condo is sold fully furnished, rental-ready, and ready for your private viewing today.

Property Details

Property Features

Property Information:

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

Listing Office:

  • Office Name: Scenic Sotheby's International Realty

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Waterfront: Gulf
  • View: Gulf
  • Exterior: Balcony

Parking Information:

  • Parking: Gated

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: Traveling on Front Beach Road, Edgewater Tower II is on Gulf side at R. Jackson Blvd.

Price Information

Listing Price Info

Price Summary:

  • List Price: $545,000
  • Price Per SqFt: $517/SqFt

HOA Fees:

  • Amount: $2884
  • Frequency: Quarterly

Tax Information:

  • Annual Amount: $3,103
  • 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

$454.5K

Med. Price/SqFt

$321

Avg. Days On Market

104

# of Sold Homes

123

11619 Front Beach Rd Unit 408 vs Panama City Beach

90 DAYS ON ROCKET

-14 Days

$545,000

+$90.4K More

$517/SqFt

+$196 More

KEY TAKEAWAY

This property is $90.4K more than the Median Sold Price and $196/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: #760107

Listing Office:

  • Office Name: Scenic Sotheby's International 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: 12/23/2024, 9:20:59 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

May 25, 2021Home Sold
$400,000
Nov 15, 2018Home Sold
$305,000
Aug 01, 2016Home Sold
$250,000
Jun 24, 2013Home Sold
$220,000
May 14, 2007Home Sold
$360,000
Aug 21, 2000Home Sold
$200,000
Jun 18, 1999Home Sold
$190,000
Mar 05, 1998Home Sold
$180,000

Tax History

YEARPROP. TAXASSESSMENT
2020$3,103$253,725
2018$2,753$221,000
2017$2,533$221,000

History based on county public records data.

Payment Calculator

$3,749

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,700

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NMLS#3030

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-1169720
5
/10

  • Hutchison Beach Elementary School

  • 12900 Hutchison Blvd

  • 1.29 miles

  • Public District Grades KG-5

school-card-donut-1169721
7
/10

  • Patronis Elementary School

  • 7400 Patronis Dr

  • 3.65 miles

  • Public District Grades KG-5

school-card-donut-1169722
3
/10

  • Lucille Moore Elementary School

  • 1900 Michigan Ave

  • 6.91 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 $42,156. Most Panama City Beach, FL residents have annual incomes between $35k-100k. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 11619 Front Beach Rd Unit 408

What is the listing price of this property?

The listing price of 11619 Front Beach Rd Unit 408 property is $545,000.

What type of property is this?

The property 11619 Front Beach Rd Unit 408 is a condo located in Panama City Beach, Florida, 32407.

Is this property for sale now?

Active Listing: 11619 Front Beach Rd Unit 408 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 $3,103 (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 25, 2021 for $400,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 11619 Front Beach Rd Unit 408 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 11619 Front Beach Rd Unit 408 is 1,055 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 11619 Front Beach Rd Unit 408 is 1985.

Rocket Homes›Florida›Bay County›Panama City Beach›32407›11619 Front Beach Rd Unit 408

This home is located at 11619 Front Beach Rd Unit 408 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 September 23, 2024 and is currently priced at $545,000.

Over 8 listings were sold over their listed price in November 2024 in Panama City Beach, FL. In the same period over 90 listings were sold below the listed price and 25 listings were sold for the listed price. The number of listings in Panama City Beach, FL increased by 1% between October 2024 and November 2024. Listings spent 104 days on the market in November 2024, and had a median list price of $454,516 during the same period.

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

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