Ocean Ritz 10611 Front Beach Rd Unit 701 Panama City Beach, FL 32407
Estimated payment $18,348/month
Highlights
- Property fronts gulf or ocean
- 2 Car Garage
- High-Rise Condominium
- J.R. Arnold High School Rated A-
About This Home
Guests Rate It 5 Stars! Investor's Dream With Proven Rental ACTUALS! Experience one of the most desirable floor plans on the beach—this spacious 4-bedroom, 4-full-bath corner condo offers 1,637 sq ft of interior living space plus an oversized 495 sq ft balcony that's twice the size of most, perfect for unforgettable sunsets over the Gulf. Located on the lucky 7th floor, this unit provides an ideal elevation for those who want incredible Gulf views without being too high. A true rental machine, this condo features TWO Gulf-front master suites, making it an excellent option for large families, two-family vacations, or maximizing rental income. Guests consistently comment that it ''feels like a house'' thanks to the 10 ft ceilings, wide layout, and generous bedroom sizes. This property also works perfectly as a primary residence or second home—Snowbirds LOVE it! Resort-style amenities include a heated pool, hot tub, steam room, sauna, grilling area, fitness center, and more. This is the complete package: views, space, rental performance, and luxury features all in one. Don't miss the opportunity to own one of the best income-producing condos on the beach!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $9,036
Year Built
- Built in 2006
Lot Details
- Property fronts gulf or ocean
HOA Fees
- $12,900 Monthly HOA Fees
Parking
- 2 Car Garage
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Full Bathrooms
Schools
- Hutchison Beach Elementary School
- Surfside Middle School
- Arnold High School
Community Details
- Association fees include sewer, water
- High-Rise Condominium
- Ocean Ritz Subdivision
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 | $7,752 | $616,586 | -- | -- |
| 2023 | $7,752 | $560,533 | $0 | $658,750 |
| 2022 | $6,501 | $509,575 | $0 | $0 |
| 2021 | $5,539 | $463,250 | $0 | $463,250 |
| 2020 | $4,239 | $343,188 | $0 | $343,188 |
| 2019 | $4,691 | $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 |
|---|---|---|---|---|---|
| 11/22/2025 11/22/25 | For Sale | $889,000 | +74.7% | $543 / Sq Ft | |
| 01/21/2020 01/21/20 | Sold | $508,732 | 0.0% | $311 / Sq Ft | View Prior Sale |
| 12/23/2019 12/23/19 | For Sale | $508,732 | -- | $311 / Sq Ft | |
| 11/25/2019 11/25/19 | Pending | -- | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $508,732 | Diamond Title Agency Inc | |
| Warranty Deed | $440,000 | Diamond Title Agency Inc |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $381,549 | New Conventional | |
| Previous Owner | $352,000 | New Conventional |
Source: Central Panhandle Association of REALTORS®
MLS Number: 781989
APN: 40000-250-013
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