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8700 Front Beach Rd Unit 7111, Panama City Beach, FL, 32407

$320,000

Home List Price

$3,800*

Closing Credit

2 Bedrooms
2 Full Baths, 1 Partial
1,325 SqFt
$242/SqFt
Condo

Location

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8700 Front Beach Rd Unit 7111, Panama City Beach$320,000

Buyer Closing Credits

$3,800*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAdditional Parking, Gated
Garage2 spaces
Year Built2008
HeatingCentral, Electric, Heat Pump
CoolingCentral Air, Ceiling Fan(s), Heat Pump
MLS #764514
StatusActive

About 8700 Front Beach Rd Unit 7111

FIRST FLOOR WITH LARGE PATIO. If a little privacy is what you're after, Unit 7111 at Island Reserve is the perfect fit. This highly desirable first floor condo features a spacious patio bordered by lush shrubs on both sides and ideal for enjoying your morning coffee in peace. Located in a unique, gated community with no short-term rentals, Island Reserve is just minutes from restaurants and the beach, offering both convenience and tranquility. The foyer has a uniqueness to it that everyone entering loves leading into a bright kitchen, dining and living space with high ceilings. The kitchen is equipped with stainless steel appliances, convenient pull-out pantry drawers, and a washer & dryer that stays. Coastal colors that inspire relaxation. The condo features two master bedrooms, each with walk-in closets and private baths, plus an additional half bath for guests. Island Reserve offers plenty of ways to connect with your neighbors, from social gatherings to the expansive resort-style amenities. Enjoy an acre island style pool with a zero entry side, a hot tub, game room, theater room, pickleball/basketball court, and a modern fitness center. Each building includes elevators for easy access. Schedule an appointment today! Will sell furnished or unfurnished. Golf cart community, 2 dog policy.

Property Details

Property Features

Property Information:

  • Architectural Style: Low Rise
  • Year Built: 2008
  • Living Area: 1,325 SqFt

Listing Office:

  • Office Name: RC Real Estate Group

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Electric Cooktop, Electric Oven, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Interior: Kitchen Island, Pantry

Bedroom and Bathroom Information:

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

Exterior Features

Exterior Information:

  • Exterior: Balcony

Parking Information:

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

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: FROM HATHAWAY BRIDGE, HEAD WEST STAYING ON FRONT BEACH ROAD, RIGHT AT LAURIE TRAFFIC LIGHT INTO ISLAND RESERVE, GO THRU GATE AND STRAIGHT INTO BOTTOM FLOOR PARKING GARAGE, BLDG. 7

Price Information

Listing Price Info

Price Summary:

  • List Price: $320,000
  • Price Per SqFt: $242/SqFt

HOA Fees:

  • Amount: $584
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $1,596
  • 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 7111 vs Panama City Beach

37 DAYS ON ROCKET

-67 Days

$320,000

-$134.5K Less

$242/SqFt

-$79 Less

KEY TAKEAWAY

This property is $134.5K less than the Median Sold Price and $79/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: #764514

Listing Office:

  • Office Name: RC Real Estate Group

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, 11:21:00 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 01, 2021Home Sold
$260,000
Feb 11, 2020Home Sold
$217,500
Jun 03, 2016Home Sold
$152,000
Sep 22, 2009Home Sold
$6,270,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,596$166,175
2018$1,280$136,850
2017$1,593$123,250

History based on county public records data.

Payment Calculator

$2,249

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,026

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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-952417
7
/10

  • Patronis Elementary School

  • 7400 Patronis Dr

  • 1.53 miles

  • Public District Grades KG-5

school-card-donut-952418
5
/10

  • Hutchison Beach Elementary School

  • 12900 Hutchison Blvd

  • 3.34 miles

  • Public District Grades KG-5

school-card-donut-952419
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. Residents of Panama City Beach, FL typically earn less than $35k each year. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 8700 Front Beach Rd Unit 7111

What is the listing price of this property?

The listing price of 8700 Front Beach Rd Unit 7111 property is $320,000.

What type of property is this?

The property 8700 Front Beach Rd Unit 7111 is a condo located in Panama City Beach, Florida, 32407.

Is this property for sale now?

Active Listing: 8700 Front Beach Rd Unit 7111 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 $1,596 (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 1, 2021 for $260,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 8700 Front Beach Rd Unit 7111 has 2 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 8700 Front Beach Rd Unit 7111 is 1,325 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 8700 Front Beach Rd Unit 7111 is 2008.

Rocket Homes›Florida›Bay County›Panama City Beach›32407›8700 Front Beach Rd Unit 7111

This home is located at 8700 Front Beach Rd Unit 7111 in Panama City Beach, FL and zip code 32407. This 1,325 square foot home was built in 2008. Features: 2 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 15, 2024 and is currently priced at $320,000.

In November 2024 more than 8 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 90 were sold below. The number of homes for sale in Panama City Beach, FL increased by 1% between October 2024 and November 2024. In November 2024, listings were on the market for 104 days. During the same period, the median list price in this real estate market was $454,516.

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

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