NOT LISTED FOR SALE

Long Beach Resort 10509 Front Beach Rd Unit 1303 Panama City Beach, FL 32407

Estimated Value: $536,651 - $603,000

2 Beds
2 Baths
1,326 Sq Ft
$1,841/mo HOA Fee

Last Sold October 15, 2024

Last sale price $585,000 $441 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $5,421/month

271 Days on Market

Highlights

  • Beach
  • Property fronts gulf or ocean
  • Newly Painted Property
  • J.R. Arnold High School Rated A-
  • Gated Community
  • Main Floor Primary Bedroom

About This Home

As of October 2024

CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS
This condo has a STUNNING view of the gulf and very often you can see marine life swimming near shore. Floor-to-ceiling windows provide incredible views and the spacious balcony is amazing for watching those incredible PCB sunsets. This updated unit was primarily owner used and occasionally rented which kept it in pristine condition; similar units here project annual gross rentals of $75k-$85k. In 2020 new appliances and TV's were added as well as a beautiful wood-look tile floor. Recently new interior paint, new trim, new interior doors, lighting and a new entertainment center all provide amazing decor and functionality. In 2021 a new coastal series HVAC was installed and Coastal Green energy systems added to both HVAC a In 2021 a new coastal series HVAC was installed and Coastal Green energy systems added to both HVAC and the water heater. A king-sized bed in the primary bedroom and two queen sized beds in the second bedroom make for sleeping six comfortably; a pull out couch could be added to the living room increasing sleeping capacity to 8. Long Beach Towers Resort is a 24-hour gated resort with 1300 feet of gulf shoreline and is close to shopping and many great restaurants and entertainment establishments. Amenities include a 6800 sf lagoon pool as well as two additional pools that are heated seasonally. All information and dimensions are believed to be correct but should be verified by the buyer if deemed important.

Last Agent to Sell the Property

Marty Webster

Counts Real Estate Group Inc License #3473161 Listed on: 12/06/2023

Counts Real Estate Group Inc

Last Buyer's Agent

Duran Group

Berkshire Hathaway HomeServices

Berkshire Hathaway HomeServices

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,022

Year Built

  • Built in 1997 | Remodeled

Lot Details

  • 915

HOA Fees

  • $1,841 Monthly HOA Fees

Home Design

  • Newly Painted Property
  • Concrete Siding
  • Piling Construction
  • Stucco

Interior Spaces

  • 1,326 Sq Ft Home
  • Furnished
  • Woodwork
  • Ceiling Fan
  • Recessed Lighting
  • Window Treatments
  • Living Room

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Painted or Stained Flooring
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Laundry

  • Dryer
  • Washer

Schools

  • Hutchinson Beach Elementary School
  • Surfside Middle School
  • Arnold High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Property fronts gulf or ocean

Listing and Financial Details

  • Assessor Parcel Number 34881-251-121

Community Details

Overview

  • Association fees include accounting, ground keeping, insurance, internet service, legal, management, master, repairs/maintenance, security, services, sewer, water, cable TV, trash
  • Long Beach Towers Subdivision

Amenities

  • Community Barbecue Grill
  • Elevator

Recreation

  • Beach
  • Community Whirlpool Spa

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,022

Year Built

Built in 1997 | Remodeled

Lot Details

0

HOA Fees

$1,841 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: Long Beach Towers (tower 1)
  • Directions: From Panama City, Once over the Hathaway Bridge on Hwy 98, go west onto Front Beach Rd. Cross over Hutchison Blvd/Thomas Drive and Long Beach towers are next on the left. From Hwy 79, go east on Hwy 98 to R. Jackson Blvd (Home Depot. Right onto R Jackson Blvd. Left onto Hutchison. At the intersection of Front Beach Rd, go right onto Front Beach Rd. Go through Thomas Dr. - towers on left
  • Architectural Style: N/A
  • Carport Y N: No
  • New Construction: No
  • Year Built: 1997
  • ResoBuildingAreaSource: Appraiser
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Energy:Water Heater - Elect: Yes
  • Rooms:Living Room: Yes
  • Waterfront:Gulf: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Energy:Ceiling Fans: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Stove/Oven Electric, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Floor Tile, Furnished - All, Lighting Recessed, Newly Painted, Owner's Closet, Renovated, Window Treatment All, Woodwork Painted
  • Appliances:StoveOven Electric: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Interior:Floor Tile: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Furnished - All: Yes
  • Interior:Lighting Recessed: Yes
  • Interior:Window Treatment All: Yes
  • Interior:Newly Painted: Yes
  • Interior:Woodwork Painted: Yes

Exterior Features

  • Pool Features: Pool Type
  • Waterfront Features: Gulf
  • Waterfront: Yes
  • Construction Type: Concrete, Foundation On Piling, Stucco
  • Exterior Features: Balcony
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Concrete: Yes
  • ConstructionSiding:Stucco: Yes
  • Exterior:Balcony: Yes
  • ConstructionSiding:Foundation On Piling: Yes

Garage/Parking

  • General Property Info:Garage2: No

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electric, Public Sewer, Public Water, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Beach, Dumpster, Elevators, Gated Community, Pool, TV Cable, Waterfront, Whirlpool
  • Association #2 Fee: 5523.74
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • Fees Include:Master Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Insurance, Internet Service, Legal, Management, Master Association, Repairs/Maintenance, Security, Services, Sewer, Water, Cable TV, Trash

Schools

  • Elementary School: Hutchinson Beach
  • High School: Arnold
  • Middle Or Junior School: Surfside

Lot Info

  • Parcel #: 34881-251-121
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 7022.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2023
Closed on
Oct 9, 2024
Sold by
Foreman Kevin Marshall and Foreman Heather Ladawn
Bought by
Jmoa Investments Llc
Seller's Agent
Marty Webster
Counts Real Estate Group Inc
Buyer's Agent
Duran Group
Berkshire Hathaway HomeServices
List Price
$734,900
Sold Price
$585,000
Premium/Discount to List
-$149,900
-20.4%
Views
43
Current Estimated Value
$564,913

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$20,087
Avg. Annual Appreciation
-3.43%
Original Mortgage
$516,561
Outstanding Balance
$504,448
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$60,465

Purchase Details

Closed on
Dec 10, 2021
Sold by
Emerald Escape Llc
Bought by
Forman Kevin Marshall and Forman Heather Ladawn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
2.98%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Apr 13, 2015
Sold by
Sims Linda L
Bought by
Emerald Escape Llc

Purchase Details

Closed on
Nov 4, 2013
Sold by
Sims Linda L
Bought by
Sims Linda L

Purchase Details

Closed on
May 30, 2013
Sold by
Allen Joseph Patrick
Bought by
Sims Linda L

Purchase Details

Closed on
Jul 10, 2003
Sold by
Brockington Lex
Bought by
Allen Joseph Patrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,500
Interest Rate
5.2%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Jmoa Investments Llc $585,000 Reli Title
Forman Kevin Marshall $600,000 Setco Services Llc
Emerald Escape Llc $272,500 None Available
Sims Linda L -- None Available
Sims Linda L $222,500 Diamond Title Agency Inc
Allen Joseph Patrick $295,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jmoa Investments Llc $516,561
Previous Owner Forman Kevin Marshall $480,000
Previous Owner Allen Joseph Patrick $206,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2024 10/15/24 Sold $585,000 -10.0% $441 / Sq Ft
09/02/2024 09/02/24 Pending -- -- --
04/29/2024 04/29/24 Price Changed $650,000 -3.7% $490 / Sq Ft
04/16/2024 04/16/24 Price Changed $675,000 -4.9% $509 / Sq Ft
02/01/2024 02/01/24 Price Changed $710,000 -3.4% $535 / Sq Ft
12/06/2023 12/06/23 For Sale $734,900 -- $554 / Sq Ft
Source: Emerald Coast Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $7,022 $531,250 -- $531,250
2023 $7,022 $511,913 $0 $607,750
2022 $5,399 $465,375 $0 $465,375
2021 $4,373 $352,538 $0 $352,538
2020 $4,246 $352,538 $0 $352,538
2019 $4,044 $348,500 $0 $348,500
2018 $3,633 $296,990 $0 $0
2017 $3,141 $275,400 $0 $0
2016 $2,929 $252,875 $0 $0
2015 $2,693 $225,250 $0 $0
2014 $2,840 $237,958 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 937850

Emerald Coast Association of REALTORS®

APN: 34881-251-121