Ocean Ritz 10611 Front Beach Rd Unit 303 Panama City Beach, FL 32407
Estimated payment $7,154/month
Highlights
- Beach
- Property fronts gulf or ocean
- In Ground Pool
- J.R. Arnold High School Rated A-
- Deeded access to the beach
- Sauna
About This Home
Amazing Gulf views with unobstructed sunrises and sunsets from the oversized balcony of this COMPLETELY UPDATED and well maintained 3rd floor 4 bedroom/4 bath condo in Ocean Ritz! With $104k in rentals for 2023 and $88k in 2024, this unit has proven historical income that you can depend on from day one! This unit features TWO Gulf Front Master bedrooms, both leading out to the huge 500 sq ft covered balcony! Modern coastal finishes throughout make this unit truly turnkey. Nothing went untouched! The unit also has a deeded/assigned garage parking space. Ocean Ritz is a low density building just minutes from Pier Park and a short drive to Scenic 30a, this unit would make a great second home or rental property that the family can enjoy while generating strong income to offset expenses!
Listing Agent
Lambert Realty and Development License #3268813 Listed on: 11/04/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $9,641
Year Built
- Built in 2006
Lot Details
- Property fronts gulf or ocean
HOA Fees
- $1,075 Monthly HOA Fees
Parking
- 1 Car Garage
- Deeded Parking
Interior Spaces
- 1,637 Sq Ft Home
- Furnished
- Coffered Ceiling
- Tray Ceiling
- Ceiling Fan
- Dining Room
- Sauna
- Tile Flooring
Kitchen
- Electric Oven or Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom on Main
- 4 Full Bathrooms
- Dual Vanity Sinks in Primary Bathroom
- Separate Shower in Primary Bathroom
- Garden Bath
Laundry
- Dryer
- Washer
Home Security
Pool
- In Ground Pool
- Spa
Outdoor Features
- Deeded access to the beach
- Balcony
- Covered Patio or Porch
- Built-In Barbecue
Schools
- Hutchinson Beach Elementary School
- Surfside Middle School
- Arnold High School
Utilities
- Central Heating and Cooling System
- Electric Water Heater
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 40000-250-003
Community Details
Overview
- Association fees include accounting, ground keeping, insurance, internet service, land recreation, legal, management, recreational faclty, repairs/maintenance, sewer, water, cable TV, trash
- Ocean Ritz Subdivision
Amenities
- Community Barbecue Grill
- Elevator
Recreation
- Beach
- Community Pool
- Community Whirlpool Spa
Security
- Fire and Smoke Detector
Map
About Ocean Ritz
Home Values in the Area
Average Home Value in this Area
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 | $8,294 | $724,625 | -- | -- |
| 2023 | $8,294 | $658,750 | $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 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/04/2025 11/04/25 | For Sale | $999,000 | +203.6% | $610 / Sq Ft | |
| 06/20/2022 06/20/22 | Off Market | $329,000 | -- | -- | |
| 07/23/2013 07/23/13 | Sold | $329,000 | 0.0% | $201 / Sq Ft | View Prior Sale |
| 07/01/2013 07/01/13 | Pending | -- | -- | -- | |
| 07/01/2013 07/01/13 | For Sale | $329,000 | -- | $201 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $790,000 | Mcneese Title | |
| Warranty Deed | $444,000 | Omega Title Llc | |
| Special Warranty Deed | $329,000 | None Available | |
| Trustee Deed | $251,100 | None Available | |
| Warranty Deed | $445,000 | Diamond Title Agency Inc |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $390,000 | Balloon | |
| Previous Owner | $292,800 | Seller Take Back | |
| Previous Owner | $356,000 | Purchase Money Mortgage |
Source: Emerald Coast Association of REALTORS®
MLS Number: 988912
APN: 40000-250-003
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