7 months on rocket

12011 Front Beach Rd Unit 1503B, Panama City Beach, FL, 32407

$540,000

Home List Price

$6,413*

Closing Credit

2 Bedrooms
2 Full Baths
1,076 SqFt
$502/SqFt
Condo

Location

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12011 Front Beach Rd Unit 1503B, Panama City Beach$540,000

Buyer Closing Credits

$6,413*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Covered, Guest
Garage2 spaces
Year Built2005
HeatingCentral
CoolingCentral Air
WaterfrontGulf, Waterfront
ViewGulf
MLS #756004
StatusActive

About 12011 Front Beach Rd Unit 1503B

Gulf-Front, great location and what a view from the 15th story condo! Sunrise and sunsets! Nice 2 bed 2 bath in Sterling Reef! Tons of amenities, miles of beach, close to shopping and entertainment. All new kitchen appliances (2023/2024), all new TV's (2023), New living area set (2023), Fresh Paint (2024), new stackable washer and dryer (2023)Sterling Reef generates excellent rental income given its location to Pier Park, the M.B. Miller County Pier, Shipwreck Island, and more. Amenities include 2 pools (one is a seasonally heated 4,000 sq.ft. bi-level pool), a fitness center, an activity room w/ a flatscreen TV, as well as a grill and lounge area overlooking the world's most beautiful beaches. This complex was just painted in 2022 and also received 2 new elevators. Plus you have parking under the building making access inside much easier!

Property Details

Property Features

Property Information:

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

Listing Office:

  • Office Name: FLATFEE.COM

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Refrigerator, Washer

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

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

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Assigned, Covered, Guest

Lot Features

Lot Information:

  • Lot: Waterfront

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: southeast on L C Hilton Jr Dr toward Stingray Dr Turn right onto Powell Adams RdTurn left onto FL-30 E/Front Beach Rd Turn right to stay on FL-30 E/Front Beach RdTurn right 56 ft

Price Information

Listing Price Info

Price Summary:

  • List Price: $540,000
  • Price Per SqFt: $502/SqFt

HOA Fees:

  • Amount: $865
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $3,370
  • 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

12011 Front Beach Rd Unit 1503B vs Panama City Beach

216 DAYS ON ROCKET

+112 Days

$540,000

+$75.2K More

$502/SqFt

+$173 More

KEY TAKEAWAY

This property is $75.2K more than the Median Sold Price and $173/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: #756004

Listing Office:

  • Office Name: FLATFEE.COM

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: 11/24/2024, 2:20:53 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

Jan 09, 2017Home Sold
$248,000
Aug 10, 2009Home Sold
$200,000
Apr 13, 2005Home Sold
$560,000

Tax History

YEARPROP. TAXASSESSMENT
2020$3,370$276,250
2018$2,755$223,550
2017$2,312$202,470

History based on county public records data.

Payment Calculator

$3,628

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,685

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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-1163323
5
/10
  • Hutchison Beach Elementary School

  • 12900 Hutchison Blvd

  • 0.94 miles

  • Public District Grades KG-5

school-card-donut-1163324
7
/10
  • Patronis Elementary School

  • 7400 Patronis Dr

  • 4.01 miles

  • Public District Grades KG-5

school-card-donut-1163325
7
/10
  • West Bay Elementary School

  • 14813 School Dr

  • 7.18 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $42,156. The most common annual income of people living in Panama City Beach, FL is between $35k-100k. Most families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 12011 Front Beach Rd Unit 1503B

What is the listing price of this property?

The listing price of 12011 Front Beach Rd Unit 1503B property is $540,000.

What type of property is this?

The property 12011 Front Beach Rd Unit 1503B is a condo located in Panama City Beach, Florida, 32407.

Is this property for sale now?

Active Listing: 12011 Front Beach Rd Unit 1503B 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 $3,370 (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 9, 2017 for $248,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 12011 Front Beach Rd Unit 1503B has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 12011 Front Beach Rd Unit 1503B is 1,076 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 12011 Front Beach Rd Unit 1503B is 2005.

Rocket HomesFloridaBay CountyPanama City Beach3240712011 Front Beach Rd Unit 1503B

This home is located at 12011 Front Beach Rd Unit 1503B 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 April 22, 2024 and is currently priced at $540,000.

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. In October 2024 in Panama City Beach, FL there were 0.4% more homes for sale than in September 2024. In October 2024, listings were on the market for 104 days. During the same period, the median list price in this real estate market was $464,783.

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

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