12011 Front Beach Rd Unit 1103B, Panama City Beach, FL, 32407

Location

Get An Agent. Get A Mortgage.

Let Us Help You Buy A Home And Save BIG

Save BIG.

12011 Front Beach Rd Unit 1103B, Panama City Beach$545,000

Buyer Closing Credits

$6,472^*

1.25% Loan Amount

Sell Your Home And Save More

Connect With An Agent

Still Have Questions? Contact Us.

1 (855) 200-2001

Property Highlights

Home TypeCondominium

ParkingAttached, Garage

Attached Garage1 space

Year Built2005

HeatingCentral, Electric

CoolingCentral Air, Ceiling Fan(s)

WaterfrontGulf, Sandy Shoreline

ViewGulf

MLS #758123

StatusActive

About 12011 Front Beach Rd Unit 1103B

Welcome to Sterling Reef, a 22-story luxury condominium complex located midway along Panama City Beach! Here you'll find an uncrowded incredibly wide and expansive beachfront with endless views of our glistening emerald-colored waters! Sterling Reef is but steps to our local county pier to experience abundant fishing just outside your door mere footsteps to an amazing water park, restaurants, convenience stores, and a local host space for multiple seasonal events throughout the year! This fantastic 2 bedroom/2 bath 'Aruba plan' makes for not only an incredible rental, but the perfect 2nd home get away! Originally owned by an interior designer, you'll love coastal inspired furnishings and decor that create the seamless flow between the beach and your very own tranquil space.

View More

Property Details

Property Features

Property Information:

• Architectural Style: High Rise
• Year Built: 2005
• Living Area: 1,076 SqFt

Listing Office:

• Office Name: A List Beach Realty LLC

Interior Features

Interior Information:

• Appliances: Dryer, Washer/Dryer Stacked, Dishwasher, Electric Cooktop, Electric Oven, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
• Interior: Kitchen Island, Recessed Lighting

Bedroom and Bathroom Information:

• Full Bathrooms: 2
• Total Bedroom Count: 2

Exterior Features

Exterior Information:

• Waterfront: Gulf, Sandy Shoreline
• View: Gulf
• Exterior: Balcony

Parking Information:

• Garage Space: 1 space
• Attached Garage: Yes
• Parking: Attached, Garage

Utilities

Utilities Information:

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

Other

Directions Information:

• Directions: Located next to M.B. Miller County Pier on the left.

Price Information

Listing Price Info

Price Summary:

• List Price: $545,000
• Price Per SqFt: $507/SqFt

HOA Fees:

• Amount: $864
• Frequency: Monthly

Tax Information:

• Annual Amount: $3,308
• Tax Year: 2020

What can I afford?

Understand what home price range makes sense for your budget.

See What I Can Afford

Housing Market Comparison

See how this home compares to others in Panama City Beach, FL.

Panama City Beach, FL

City

Med. Sold Price

$464.7K

Med. Price/SqFt

$328

Avg. Days On Market

104

# of Sold Homes

129

12011 Front Beach Rd Unit 1103B vs Panama City Beach

111 DAYS ON ROCKET

+7 Days

$545,000

+$80.2K More

$507/SqFt

+$178 More

KEY TAKEAWAY

This property is $80.2K more than the Median Sold Price and $178/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: #758123

Listing Office:

• Office Name: A List Beach Realty LLC

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, 7:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

View More

Property Sales & Tax

Listing History

DATE	EVENT	PRICE
Nov 13, 2020	Nov 13, 2020Home Sold	$365,000
Oct 09, 2006	Oct 09, 2006Home Sold	$340,000

Tax History

YEAR	PROP. TAX	ASSESSMENT
2020	$3,308	$276,250
2018	$2,751	$222,717
2017	$2,312	$202,470

History based on county public records data.

Payment Calculator

Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.

$3,652

Per Month

Principal & Interest

$2,721

Home Price

Home PriceThe dollar amount you pay for the home.

$

Interest Rate

Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.

%

Down Payment

Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.

$Down PaymentPercent%

Loan Term

Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.

30 year25 year20 year15 year10 year

Property Taxes

$0

Annual Cost

Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.

$/ Year

Mortgage Insurance

$0

Monthly Premium

Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.

$/ Month

Homeowners Insurance

$67

Monthly Premium

Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.

$/ Month

Homeowners Association (HOA)

$864

Monthly Fees

Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.

$/ Month

Utilities

$0

Monthly Cost

Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.

$/ Month

*Disclosures

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,700

See More Options

Connect With A Banker

Powered By

Advertisement

NMLS#3030

**Disclosures

Rocket Homes›Florida›Bay County›Panama City Beach›32407›12011 Front Beach Rd Unit 1103B

This home is located at 12011 Front Beach Rd Unit 1103B in Panama City Beach, FL and zip code 32407. This 1,076 square foot home was built in 2005. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 02, 2024 and is currently priced at $545,000.

Over 5 listings were sold over their listed price in October 2024 in Panama City Beach, FL. In the same period over 99 listings were sold below the listed price and 25 listings were sold for the listed price. In October 2024 in Panama City Beach, FL there were 0.4% more homes for sale than in September 2024. The median list price of listings available in October 2024 was $464,783, while the average time on the real estate market was 104 days.

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