3 months on rocket

Backup Offers

8700 Front Beach Rd Unit 1118, Panama City Beach, FL, 32407

$378,500

Home List Price

$4,495*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
1,761 SqFt
$215/SqFt
Condo

Location

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8700 Front Beach Rd Unit 1118, Panama City Beach$378,500

Buyer Closing Credits

$4,495*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingDetached, Garage
Year Built2008
HeatingElectric
CoolingCentral Air, Ceiling Fan(s), Electric
MLS #762931
StatusAccepting Backup Offers
(Active Under Contract)

About 8700 Front Beach Rd Unit 1118

**CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS. Welcome to Island Reserve, an exquisite gated community just minutes from the stunning beaches of Panama City! This spacious ground-floor condo boasts a prime location that offers both privacy and breathtaking views of sunrises from the wrap-around porch. You'll be just steps away from the largest pool in Panama City Beach, perfect for relaxation and fun.This all-electric 1,761 square foot condo features three bedrooms and 2.5 baths, complete with numerous upgrades. Enjoy the elegance of plantation shutters, double-pane windows, and soaring 10-foot ceilings with crown molding in the living room. The kitchen is a chef's dream, equipped with granite countertops, rebuilt cabinets with pull-out drawers, and upgraded shelving. Additional highlights include upgraded light fixtures, HVAC, ceiling fans in every bedroom, and a spacious master suite with a large walk-in closet, soaking tub, walk-in shower and its own private door that leads to the wrap around porch.The two guest bedrooms share a convenient Jack and Jill bathroom, and there's a dedicated laundry room for added convenience. Walk out the back door to a hallway that leads to the Covered parking garage access. Enjoy the pet-friendly amenities--including waste stations throughout the community--make life easy for you and your furry friends.Imagine waking up to lush tropical landscaping and enjoying resort-style amenities right outside your door. Dive into the spectacular 1-acre lagoon pool, featuring waterfalls or unwind in the outdoor hot tub. Outdoor showers are available on the pool deck for your convenience. The vibrant community clubhouse is perfect for entertainment, featuring a theater room with a massive 100'' screen, a game room with pool tables, a Pickleball and basketball court, and a modern fitness center.Relax on your charming wrap-around porch while soaking in the beautifully landscaped grounds, and take advantage of the nearby pet walk area for your pets.Island Reserve offers a seamless blend of luxury and convenience, all set within a captivating resort atmosphere. With an array of restaurants, shopping, golf courses, and local attractions nearby, this isn't just a home; it's a lifestyle waiting for you to embrace. Don't miss your chance to experience luxurious living in this idyllic paradise!

Property Details

Property Features

Property Information:

  • Architectural Style: Low Rise
  • Year Built: 2008
  • Living Area: 1,761 SqFt

Listing Office:

  • Office Name: Seashore Realty LLC

Interior Features

Interior Information:

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

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Detached, Garage

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: *Highway 98 West over Hathaway Bridge to Front Beach Road. Travel one mile on Front Beach Road, Island Reserve will be on the right. *Panama City Beach Parkway to Allison Avenue, Turn left in 0.3 miles into the parking lot of Island Reserve @ 8700 Front Beach Road.

Price Information

Listing Price Info

Price Summary:

  • List Price: $378,500
  • Price Per SqFt: $215/SqFt

HOA Fees:

  • Amount: $2417
  • Frequency: Quarterly

Tax Information:

  • Annual Amount: $2,708
  • 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

8700 Front Beach Rd Unit 1118 vs Panama City Beach

93 DAYS ON ROCKET

-11 Days

$378,500

-$76K Less

$215/SqFt

-$106 Less

KEY TAKEAWAY

This property is $76K less than the Median Sold Price and $106/SqFt less 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: #762931

Listing Office:

  • Office Name: Seashore Realty 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: 12/23/2024, 6:20:59 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

Jul 12, 2021Home Sold
$289,000

Tax History

YEARPROP. TAXASSESSMENT
2020$2,708$219,300
2018$2,336$182,456
2017$2,178$173,400

History based on county public records data.

Payment Calculator

$2,762

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,201

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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-1151060
7
/10

  • Patronis Elementary School

  • 7400 Patronis Dr

  • 1.53 miles

  • Public District Grades KG-5

school-card-donut-1151061
5
/10

  • Hutchison Beach Elementary School

  • 12900 Hutchison Blvd

  • 3.34 miles

  • Public District Grades KG-5

school-card-donut-1151062
3
/10

  • Lucille Moore Elementary School

  • 1900 Michigan Ave

  • 4.60 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 $53,858. Most Panama City Beach, FL residents have annual incomes less than $35k. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 8700 Front Beach Rd Unit 1118

What is the listing price of this property?

The listing price of 8700 Front Beach Rd Unit 1118 property is $378,500.

What type of property is this?

The property 8700 Front Beach Rd Unit 1118 is a condo located in Panama City Beach, Florida, 32407.

Is this property for sale now?

Accepting Backup Offers: 8700 Front Beach Rd Unit 1118 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 $2,708 (source: MLS/based on county public records data).

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

The last sale was on July 12, 2021 for $289,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 8700 Front Beach Rd Unit 1118 has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 8700 Front Beach Rd Unit 1118 is 1,761 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 8700 Front Beach Rd Unit 1118 is 2008.

Rocket Homes›Florida›Bay County›Panama City Beach›32407›8700 Front Beach Rd Unit 1118

This home is located at 8700 Front Beach Rd Unit 1118 in Panama City Beach, FL and zip code 32407. This 1,761 square foot home was built in 2008. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since September 21, 2024 and is currently priced at $378,500.

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. In November 2024 in Panama City Beach, FL there were 1% more homes for sale than in October 2024. In November 2024 median list price was $454,516 and the average listing age was 104 days.

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

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