$890,000
$25K PRICE DROP

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

Estimated payment $5,414/month

Total Views 5,747
4 Beds
4 Baths
1,637 Sq Ft
$544 Price per Sq Ft

Highlights

  • Beach
  • Property fronts gulf or ocean
  • In Ground Pool
  • J.R. Arnold High School Rated A-
  • 24-Hour Security
  • Game Room

About This Home

ALL NEW PAINTED WALLS AND CECILINGS, CASH FLOW, 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 SPACE (39) located directly under the building.

Listing Agent

Mike Rylee

Beach Time Realty, Inc License #3320034 Listed on: 09/12/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,062

Year Built

  • Built in 2006

Lot Details

  • Property fronts gulf or ocean
  • Property fronts a highway

Parking

  • 1 Car Garage
  • Additional Parking
  • Parking Permit Required
  • Assigned Parking

Home Design

  • Stucco

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Tile
  • Vinyl Plank

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Pool

  • In Ground Pool

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Phone Available

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include management, cable TV, fitness facility, insurance, internet, legal/accounting, ground maintenance, pest control, phone, pool(s), security, trash, water
  • 63 Units
  • High-Rise Condominium
  • Ocean Ritz Subdivision

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Game Room
  • Business Center
  • Meeting Room
  • Elevator

Recreation

  • Beach
  • Community Pool
  • Park

Security

  • 24-Hour Security
  • Card or Code Access
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,062

Year Built

Built in 2006

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2006
  • Property Sub Type: Condominium
  • Lot Size: condo
  • Road Frontage Type: City Street, Highway
  • Subdivision Name: Ocean Ritz
  • Architectural Style: High Rise
  • New Construction: No
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Appliances: Dryer, Dishwasher, Microwave, Refrigerator, Washer
  • Interior Amenities: Pantry
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Flooring: Tile, Vinyl
  • Dining Room Type: Bedroom, Primary Bedroom

Exterior Features

  • Pool Features: Community, Pool
  • Waterfront Features: Gulf, Waterfront
  • Waterfront: Yes
  • Construction Type: Concrete, Stucco

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Additional Parking, Assigned, Garage, Permit Required
  • Garage: Yes
  • Attached Garage: No

Utilities

  • Utilities: Cable Connected, Electricity Available, Water Connected, Phone Available
  • Security Features: 24 Hour Security, Key Card Entry, Smoke Detector(s), Security Service
  • Cooling: Central Air, Heat Pump
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling Y N: Yes
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Community Features: Barbecue, Beach, Business Center, Conference/Meeting Room, Elevator, Fitness Center, Park, Pool, Shopping, Waterfront
  • Amenities: Other, See Remarks, Game Room, Picnic Area
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Association Management, Cable TV, Fitness Facility, Insurance, Internet, Legal/Accounting, Maintenance Grounds, Pest Control, Phone, Pool(s), Security, Trash, Water

Schools

  • Middle Or Junior School: Surfside

Lot Info

  • Lot Features: Waterfront
  • Mobile Dim Units: Feet

Multi Family

  • Number Of Units Total: 63
  • Number Of Units Furnished: All Units

Tax Info

  • Tax Annual Amount: 8061.6
  • Tax Year: 2024

MLS Schools

  • Elementary School: Hutchison Beach
  • High School: Arnold

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
03/09/2025 03/09/25 Price Changed $890,000 -0.6% $544 / Sq Ft
03/23/2024 03/23/24 Price Changed $895,000 -2.2% $547 / Sq Ft
06/09/2023 06/09/23 For Sale $915,000 -- $559 / Sq Ft
Source: Central Panhandle 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

Source: Central Panhandle Association of REALTORS®

MLS Number: 742553

Central Panhandle Association of REALTORS®

APN: 40000-250-036