$885,000

Ocean Ritz 10611 Front Beach Rd Unit 1403 Panama City Beach, FL 32407

Estimated payment $6,512/month

Total Views 6,410
4 Beds
4 Baths
1,645 Sq Ft
$538 Price per Sq Ft

Highlights

  • Property fronts gulf or ocean
  • Bay View
  • Furnished
  • J.R. Arnold High School Rated A-
  • Vaulted Ceiling
  • Community Pool

About This Home

CASH FLOW, NEW PAINT-WALLS & CEILINGS. Ocean Ritz, this fully furnished 4-bedroom 4 full bathroom condo is the rental machine you have been waiting for. It includes two Gulf Front master bedrooms that have direct access to the oversized balcony and two additional that include their own separate bathrooms. The kitchen is fully equipped and has stainless appliances, beautiful backsplash and shiplap. The spacious floorplan sleeps 12 and has ample seating and dining space for all guests. Ocean Ritz is a low density building in the heart of Panama City Beach. It has a parking garage located directly under the building.

Last Listed By

Mike Rylee

Beach Time Realty Inc License #3320034 Listed on: 04/01/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,794

Year Built

  • Built in 2008

HOA Fees

  • $1,075 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Property Views

Home Design

  • Rolled or Hot Mop Roof
  • Piling Construction
  • Stucco

Interior Spaces

  • 1,645 Sq Ft Home
  • Furnished
  • Vaulted Ceiling
  • Window Treatments
  • Family Room

Kitchen

  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Schools

  • Breakfast Point Elementary And Middle School
  • Arnold High School

Utilities

  • Central Air
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Balcony
  • Property fronts gulf or ocean

Listing and Financial Details

  • Assessor Parcel Number 40000-250-036

Community Details

Overview

  • Association fees include accounting, ground keeping, management, master, security, sewer, telephone, water, cable TV, trash
  • 63 Buildings
  • 63 Units
  • Ocean Ritz Subdivision
  • 21-Story Property

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Recreation Room
  • Elevator

Recreation

  • Community Pool

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,794

Year Built

Built in 2008

Lot Details

0

HOA Fees

$1,075 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: Ocean Ritz
  • Directions: Front Beach Road and Intersection of West Thomas Drive go east and Ocean Ritz is on the right
  • Architectural Style: N/A
  • Carport Y N: No
  • New Construction: No
  • Year Built: 2008
  • ResoBuildingAreaSource: Appraiser
  • Utilities Electric: Yes
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Special Features: None

Interior Features

  • Number Of Buildings: 63
  • Appliances: Dishwasher, Dryer, Microwave, Range Hood, Refrigerator W/IceMk, Smoke Detector, Washer
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Interior Amenities: Ceiling Raised, Floor Tile, Floor Vinyl, Furnished - All, Kitchen Island, Owner's Closet, Washer/Dryer Hookup, Window Treatment All
  • Stories: 21
  • Appliances Dishwasher: Yes
  • Appliances:Smoke Detector: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Appliances:Range Hood: Yes

Exterior Features

  • Pool Features: Pool Type
  • View: Gulf, Bay
  • Waterfront Features: Gulf
  • Waterfront: Yes
  • Construction Type: Foundation On Piling, Roof Rolled, Stucco
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Stucco: Yes
  • ConstructionSiding:Foundation On Piling: Yes
  • ConstructionSiding:Roof Rolled: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • General Property Info:Garage2: Yes
  • Parking Features:Garage Attached: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Utilities: Electric, Public Sewer, Public Water, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Community Room, Dumpster, Elevators, Exercise Room, Picnic Area, Pool, TV Cable
  • Association #2 Fee: 1075.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Fees Include:Master Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Management, Master Association, Security, Sewer, Telephone, Water, Cable TV, Trash

Schools

  • Elementary School: Breakfast Point
  • High School: Arnold
  • Middle Or Junior School: Breakfast Point

Lot Info

  • Parcel #: 40000-250-036
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 63

Tax Info

  • Tax Annual Amount: 5794.0
  • Tax Year: 2022

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $7,155 $502,462 -- --
2023 $7,155 $456,784 $0 $658,750
2022 $6,005 $415,258 $0 $0
2021 $5,130 $377,507 $0 $0
2020 $4,173 $343,188 $0 $343,188
2019 $4,697 $395,250 $0 $395,250
2018 $4,349 $358,095 $0 $0
2017 $3,843 $336,320 $0 $0
2016 $3,707 $305,745 $0 $0
2015 $3,316 $277,950 $0 $0
2014 $3,312 $277,950 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2025 04/01/25 Price Changed $885,000 -1.1% $538 / Sq Ft
03/23/2024 03/23/24 Price Changed $895,000 -2.2% $544 / Sq Ft
01/23/2024 01/23/24 For Sale $915,000 0.0% $556 / Sq Ft
12/31/2023 12/31/23 Off Market $915,000 -- --
06/29/2023 06/29/23 For Sale $915,000 +115.3% $556 / Sq Ft
06/20/2022 06/20/22 Off Market $425,000 -- --
03/19/2018 03/19/18 Sold $425,000 -3.4% $260 / Sq Ft
02/21/2018 02/21/18 Pending -- -- --
12/01/2017 12/01/17 For Sale $439,900 -- $269 / Sq Ft
Source: Emerald Coast Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- Better Settlement Svcs Llc
Warranty Deed $425,000 Mti Title Insurance Agency I
Warranty Deed $440,000 Diamond Title Agency Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $344,529 New Conventional
Closed $425,000 New Conventional
Previous Owner $475,300 Unknown
Previous Owner $129,750 Stand Alone Second
Previous Owner $302,750 Purchase Money Mortgage
Source: Public Records

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Source: Emerald Coast Association of REALTORS®

MLS Number: 926596

Emerald Coast Association of REALTORS®

APN: 40000-250-036