2 months on rocket

8700 Front Beach Rd Unit 1316, Panama City Beach, FL, 32407

$235,000

Home List Price

$2,791*

Closing Credit

1 Bedroom
1 Full Bath, 1 Partial
1,588 SqFt
$148/SqFt
Condo

Location

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8700 Front Beach Rd Unit 1316, Panama City Beach$235,000

Buyer Closing Credits

$2,791*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingDetached, Gated
Garage2 spaces
Year Built2008
HeatingCentral, Electric
CoolingCentral Air, Ceiling Fan(s), Electric, Multi Unit(s)
MLS #762921
StatusActive

About 8700 Front Beach Rd Unit 1316

Welcome to Island Reserve, a luxury gated community just 1.5mi from the sandy beach. This is the largest 1 bedroom, 1.5 bath floorplan. First floor features 10' ceilings w/crown molding and bamboo and tile floors. Large, open living and dining area. Kitchen has granite counters, breakfast bar and stainless appliances. Convenient half bath off living area. Coat closet and storage room both by front door. The second floor is where you'll find the primary bedroom, his and her walk-in closets, ensuite with two separate vanities and garden tub with separate shower. Laundry is right outside the bedroom and includes full size washer and dryer and large built ins for storage. There is also a large bonus room on the 2nd floor for storage, bunks, exercise, or office. Two balconies; one off living area and one off bedroom, both overlooking the courtyard and the pool w/waterfalls. HOA fees include water, sewer, garbage, landscaping, amenities and security. Impressive amenities include a resort style lagoon pool w/lap area, zero entry and waterfalls. There is an indoor multi-sport court, fitness room, billiard/gaming room, and theater/media room with 100'' screen. This condo is ideal as a permanent home, vacation getaway, or investment for rental income. Priced to sell. Call your Realtor for a private showing.

Property Details

Property Features

Property Information:

  • Architectural Style: Low Rise
  • Year Built: 2008
  • Living Area: 1,588 SqFt

Listing Office:

  • Office Name: Keller Williams Success Realty

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Electric Oven, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Interior: Breakfast Bar, High Ceilings, Recessed Lighting, Track Lighting

Bedroom and Bathroom Information:

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

Exterior Features

Exterior Information:

  • Exterior: Balcony

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Detached, Gated

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: Front Beach Rd (Hwy 30) at Laurie Ave, turn N into the Island Reserve complex.

Price Information

Listing Price Info

Price Summary:

  • List Price: $235,000
  • Price Per SqFt: $148/SqFt

HOA Fees:

  • Amount: $1859
  • Frequency: Quarterly

Tax Information:

  • Annual Amount: $905
  • 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 1316 vs Panama City Beach

81 DAYS ON ROCKET

-23 Days

$235,000

-$219.5K Less

$148/SqFt

-$173 Less

KEY TAKEAWAY

This property is $219.5K less than the Median Sold Price and $173/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: #762921

Listing Office:

  • Office Name: Keller Williams Success 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: 12/22/2024, 10:21:00 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$905$141,015
2018$1,588$118,278
2017$1,414$110,500

History based on county public records data.

Payment Calculator

$1,859

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$771

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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-950443
7
/10

  • Patronis Elementary School

  • 7400 Patronis Dr

  • 1.53 miles

  • Public District Grades KG-5

school-card-donut-950444
5
/10

  • Hutchison Beach Elementary School

  • 12900 Hutchison Blvd

  • 3.34 miles

  • Public District Grades KG-5

school-card-donut-950445
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 majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 8700 Front Beach Rd Unit 1316

What is the listing price of this property?

The listing price of 8700 Front Beach Rd Unit 1316 property is $235,000.

What type of property is this?

The property 8700 Front Beach Rd Unit 1316 is a condo located in Panama City Beach, Florida, 32407.

Is this property for sale now?

Active Listing: 8700 Front Beach Rd Unit 1316 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 $905 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 8700 Front Beach Rd Unit 1316 has 1 bedroom and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 8700 Front Beach Rd Unit 1316 is 1,588 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 8700 Front Beach Rd Unit 1316 is 2008.

Rocket Homes›Florida›Bay County›Panama City Beach›32407›8700 Front Beach Rd Unit 1316

This home is located at 8700 Front Beach Rd Unit 1316 in Panama City Beach, FL and zip code 32407. This 1,588 square foot home was built in 2008. Features: 1 bedroom, 2 bathrooms. It has been listed on Rocket Homes since October 01, 2024 and is currently priced at $235,000.

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. Between October 2024 and November 2024, Panama City Beach, FL real estate market has seen increase in the number of listings by 1%. While the average time on the market in November 2024 was 104 days, the median list price was $454,516.

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

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