$999,000

Ocean Ritz 10611 Front Beach Rd Unit 303 Panama City Beach, FL 32407

Estimated payment $7,154/month

Total Views 166
4 Beds
4 Baths
1,637 Sq Ft
$610 Price per Sq Ft

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

Christopher Lambert

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,641

Year Built

Built in 2006

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: From the intersection of Front BeachRoad and Middle Beach Road (by the old Walmart), it is about 1/2 mile on your left.
  • Architectural Style: N/A
  • Carport Y N: No
  • New Construction: No
  • Year Built: 2006
  • Remarks Misc:Remarks: 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!
  • 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
  • Waterfront:GulfPass: Yes
  • Waterview:Gulf2: Yes
  • Rooms:Dining Room: Yes
  • Waterfront:Gulf: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Energy:Ceiling Fans: Yes
  • Special Features: None

Interior Features

  • Furnished: Furnished - All
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Smoke Detector, Stove/Oven Electric, Washer, Water Heater - Elect
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Flooring: Floor Tile
  • Interior Amenities: Ceiling Tray/Cofferd, Washer/Dryer Hookup
  • Interior:WasherDryer Hookup: Yes
  • Appliances:StoveOven Electric: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Smoke Detector: Yes
  • Mstr BdrmMstr Bath:MBath Garden Tub: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Interior:Floor Tile: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Furnished - All: Yes
  • Interior:Ceiling TrayCofferd: Yes

Exterior Features

  • Pool Features: Pool - In-Ground, Pool Type
  • View: Gulf
  • Waterfront Features: Gulf, Gulf/Pass
  • Waterfront: Yes
  • Exterior Features: Balcony, BBQ Pit/Grill, Hot Tub, Sauna/Steam
  • Patio And Porch Features: Patio Covered
  • Property Condition: Renovated, Construction Complete
  • Construction Status:Construction Complete: Yes
  • Exterior:Balcony: Yes
  • Exterior:Patio Covered: Yes
  • Exterior:Hot Tub: Yes
  • Exterior:Pool - In-Ground: Yes
  • Exterior:SaunaSteam: Yes
  • Exterior:BBQ PitGrill: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Garage, Covered, Deeded
  • General Property Info:Garage2: Yes
  • Parking Features:Garage3: Yes
  • Parking Features:Covered: Yes
  • Parking Features:Deeded: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Beach, Deed Access, Elevators, Exercise Room, Pool, Sauna/Steam Room, TV Cable, Waterfront, Whirlpool
  • Association #2 Fee: 1075.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Insurance, Internet Service, Land Recreation, Legal, Management, Recreational Faclty, Repairs/Maintenance, Sewer, Water, Cable TV, Trash

Schools

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

Lot Info

  • Parcel #: 40000-250-003

Tax Info

  • Tax Annual Amount: 9641.23
  • Tax Year: 2024

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 $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
Source: Public Records

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
Source: Emerald Coast Association of REALTORS®

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
Source: Public Records

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: Public Records

Source: Emerald Coast Association of REALTORS®

MLS Number: 988912

Emerald Coast Association of REALTORS®

APN: 40000-250-003