$700,000
SOLD SEP 20, 2022

Ocean Ritz 10611 Front Beach Rd Unit 2302 Panama City Beach, FL 32407

3 Beds
3 Baths
1,322 Sq Ft
$725/mo HOA Fee

Recently Sold

$530 Per Sq Ft

10% Below List Price

139 Days on Market

Highlights

  • Beach
  • Property fronts gulf or ocean
  • In Ground Pool
  • J.R. Arnold High School Rated A-
  • Deeded access to the beach
  • Fishing

About This Home

As of September 2022

Penthouse- completed updated. High ceilings and Beautifull tile flooring throughout along with granite countertops, and an added dry bar and wine cooler. Custom shower in Master bathroom. New washer/dryer and water heater. Also, custom granite countertop added to large open balcony, upgraded furniture and a dedicated parking space. You'll be amazed and enjoy the fantastic gulf and sunset views forever from this top floor Penthouse!

Last Agent to Sell the Property

Alan Swigler

ERA Neubauer Real Estate, Inc License #0650856 Listed on: 04/12/2022

ERA Neubauer Real Estate, Inc

Last Buyer's Agent

Alan Swigler

ERA Neubauer Real Estate Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,205

Year Built

  • Built in 2006

Lot Details

  • Property fronts gulf or ocean

HOA Fees

  • $725 Monthly HOA Fees

Parking

  • Assigned Parking

Interior Spaces

  • 1,322 Sq Ft Home
  • Furnished
  • High Ceiling
  • Recessed Lighting

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Electric Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Gunite Pool

Outdoor Features

  • Deeded access to the beach
  • Balcony

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • High Speed Internet

Community Details

Overview

  • Association fees include management, insurance, internet, legal/accounting, ground maintenance, pest control, pool(s), sewer, trash, water
  • High-Rise Condominium
  • Ocean Ritz Subdivision

Amenities

  • Community Barbecue Grill

Recreation

  • Beach
  • Community Pool
  • Community Spa
  • Fishing
  • Park

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,205

Year Built

Built in 2006

Lot Details

0

HOA Fees

$725 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2006
  • Property Sub Type: Condominium
  • Road Frontage Type: City Street
  • Subdivision Name: Ocean Ritz
  • Architectural Style: High Rise
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Range Hood, Wine Cooler, Washer
  • Interior Amenities: Breakfast Bar, High Ceilings, Recessed Lighting
  • Spa Features: Community
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Living Area: 1322.0
  • Dining Room Type: Bedroom, Primary Bedroom
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Pool Features: Gunite, In Ground, Community, Pool
  • View: Gulf
  • View: Yes
  • Waterfront Features: Gulf, Shoreline - Sand, Waterfront
  • Waterfront: Yes
  • Exterior Features: Balcony, Pool
  • Patio And Porch Features: Balcony

Garage/Parking

  • Parking Features: Assigned
  • Garage: No

Utilities

  • Utilities: Cable Connected, Electricity Connected, High Speed Internet Available, Other, Phone Connected, Sewer Connected, Trash Collection, Water Connected
  • Cooling: Central Air, Electric
  • Heating: Central, Electric
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 725.0
  • Community Features: Barbecue, Beach, Fitness Center, Fishing, Other, Park, Pool, See Remarks, Short Term Rental Allowed, Waterfront
  • Amenities: Beach Rights
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Association Management, Insurance, Internet, Legal/Accounting, Maintenance Grounds, Pest Control, Pool(s), Sewer, Trash, Water

Schools

  • Middle Or Junior School: Surfside

Lot Info

  • Lot Features: Waterfront
  • Zoning Description: Resid Multi-Family

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Annual Amount: 4205.0
  • Tax Year: 2021

MLS Schools

  • Elementary School: Hutchison Beach
  • High School: Arnold

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2022
Closed on
Sep 20, 2022
Sold by
Levine Brian
Bought by
Vossen Brian Raymond and Vossen Cheryl Patricia
Seller's Agent
Alan Swigler
ERA Neubauer Real Estate, Inc
Buyer's Agent
Alan Swigler
ERA Neubauer Real Estate Inc
List Price
$780,000
Sold Price
$700,000
Premium/Discount to List
-$80,000
-10.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.09%

Purchase Details

Closed on
Sep 29, 2017
Sold by
Gates James and Gates Cathy
Bought by
Brian Levine And Taralineve Llc

Purchase Details

Closed on
Dec 20, 2010
Sold by
Federal National Mortgage Association
Bought by
Gates James and Gates Cathy

Purchase Details

Closed on
Dec 15, 2010
Sold by
Suntrust Mortgage Inc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Sep 23, 2010
Sold by
Forster Harry W
Bought by
Suntrust Mortgage Inc

Purchase Details

Closed on
Sep 18, 2006
Sold by
Ocean Ritz Llc
Bought by
Forster Harry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,250
Interest Rate
6.33%
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 Type Sale Price Title Company
Special Warranty Deed $700,000 Mti Title
Warranty Deed $360,000 Mti Title Ins Agency Inc
Special Warranty Deed $215,000 Attorney
Quit Claim Deed -- Watson Title Ins Agency Inc
Trustee Deed -- None Available
Warranty Deed $370,000 Diamond Title Agency Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $237,250 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2025 07/11/25 For Sale $829,000 +18.4% $627 / Sq Ft
12/20/2022 12/20/22 Off Market $700,000 -- --
09/20/2022 09/20/22 Sold $700,000 -6.7% $530 / Sq Ft
08/30/2022 08/30/22 Pending -- -- --
07/28/2022 07/28/22 Price Changed $750,000 -1.3% $567 / Sq Ft
05/04/2022 05/04/22 Price Changed $760,000 -2.6% $575 / Sq Ft
04/12/2022 04/12/22 For Sale $780,000 -- $590 / Sq Ft
Source: Central Panhandle 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 $7,472 $616,250 -- $616,250
2023 $7,472 $602,225 $0 $602,225
2022 $4,826 $373,065 $0 $0
2021 $4,205 $339,150 $0 $339,150
2020 $3,991 $331,500 $0 $331,500
2019 $3,836 $320,445 $0 $320,445
2018 $3,596 $294,315 $0 $0
2017 $3,142 $276,250 $0 $0
2016 $3,031 $259,545 $0 $0
2015 $2,962 $235,950 $0 $0
2014 $2,563 $214,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 724956

Central Panhandle Association of REALTORS®

APN: 40000-250-062