NOT LISTED FOR SALE

10811 Front Beach Rd Unit 703 Panama City Beach, FL 32407

Estimated Value: $407,535 - $468,000

2 Beds
2 Baths
975 Sq Ft
$427/mo HOA Fee

Last Sold October 12, 2022

Last sale price $449,000 $461 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,188/month

98 Days on Market

Highlights

  • Property fronts gulf or ocean
  • J.R. Arnold High School Rated A-
  • Furnished

About This Home

As of October 2022

Check out this Majestic unit! This 2 bedroom 2 bath unit is fully decorated. With the best views of beautiful sunsets and the white sandy beaches of the Gulf of Mexico! Majestic is one of the nicest properties on the beach with tons of amenities. Including two indoor and three outdoor pools, poolside bar with food service, three hot tubs, fitness center, theater, game room, owners lounge with kitchen, and a snack bar/convenience store serving Starbucks.

Last Agent to Sell the Property

Adam Miles

Keller Williams Success Realty License #3315088 Listed on: 05/23/2022

Keller Williams Success Realty

Last Buyer's Agent

Lana Kasparyan

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,296

Year Built

  • Built in 2006

Lot Details

  • Property fronts gulf or ocean

HOA Fees

  • $427 Monthly HOA Fees

Interior Spaces

  • 975 Sq Ft Home
  • Furnished

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Schools

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

Community Details

  • Association fees include management, cable TV, insurance, legal/accounting, ground maintenance, maintenance structure, pest control, water
  • Mid-Rise Condominium
  • Majestic Beach Tower II Subdivision

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,296

Year Built

Built in 2006

Lot Details

0

HOA Fees

$427 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2006
  • Property Sub Type: Condominium
  • Subdivision Name: Majestic Beach Tower II
  • Architectural Style: Mid Rise
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 975.0
  • Dining Room Type: Bedroom, Primary Bedroom
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Waterfront Features: Gulf
  • Waterfront: Yes

Garage/Parking

  • Garage: No

Utilities

  • Utilities: Cable Connected, Sewer Connected, Water Connected

Condo/Co-op/Association

  • Association Fee: 1280.67
  • Community Features: Short Term Rental Allowed
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Fee Information

  • Association Fee Includes: Association Management, Cable TV, Insurance, Legal/Accounting, Maintenance Grounds, Maintenance Structure, Pest Control, Water

Schools

  • Middle Or Junior School: Surfside

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Annual Amount: 3296.0
  • Tax Year: 2021

MLS Schools

  • Elementary School: Hutchison Beach
  • High School: Arnold

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2022
Closed on
Oct 12, 2022
Sold by
Map Real Estate Group Llc
Bought by
Grand Stays Llc
Seller's Agent
Adam Miles
Keller Williams Success Realty
Buyer's Agent
Lana Kasparyan
Coldwell Banker Realty
List Price
$469,999
Sold Price
$449,000
Premium/Discount to List
-$20,999
-4.47%
Current Estimated Value
$443,884

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,116
Avg. Annual Appreciation
-0.38%
Original Mortgage
$336,750
Outstanding Balance
$323,175
Interest Rate
5.66%
Mortgage Type
New Conventional
Estimated Equity
$120,709

Purchase Details

Listed on
Aug 23, 2017
Closed on
Nov 3, 2017
Sold by
Cornelius William D and Cornelius Carron K
Bought by
Denney James and Conloin Tracey
Seller's Agent
John Moran
Keller Williams Realty Destin
Buyer's Agent
Renata Murphree
Beachy Beach Real Estate
List Price
$255,000
Sold Price
$255,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.13%
Original Mortgage
$204,000
Interest Rate
4.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 16, 2006
Sold by
Majestic Beach Towers Development Llc
Bought by
Cornelius William D and Cornelius Carron K
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Buyer Sale Price Title Company
Grand Stays Llc $449,000 South Oak Title
Map Real Estate Group Llc $395,000 --
Denney James $255,000 Attorney
Cornelius William D $278,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grand Stays Llc $336,750
Previous Owner Denney James $204,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/12/2023 01/12/23 Off Market $449,000 -- --
10/12/2022 10/12/22 Sold $449,000 -4.5% $461 / Sq Ft
08/30/2022 08/30/22 Pending -- -- --
08/24/2022 08/24/22 For Sale $469,999 0.0% $482 / Sq Ft
08/10/2022 08/10/22 Pending -- -- --
07/18/2022 07/18/22 Price Changed $469,999 -2.1% $482 / Sq Ft
06/16/2022 06/16/22 Price Changed $479,999 -3.0% $492 / Sq Ft
05/23/2022 05/23/22 For Sale $495,000 +94.1% $508 / Sq Ft
11/03/2017 11/03/17 Sold $255,000 0.0% $262 / Sq Ft View Prior Sale
09/26/2017 09/26/17 Pending -- -- --
08/23/2017 08/23/17 For Sale $255,000 -- $262 / 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 $4,895 $381,650 -- $381,650
2023 $4,895 $381,650 $0 $381,650
2022 $3,806 $287,980 $0 $0
2021 $3,296 $261,800 $0 $261,800
2020 $3,220 $261,800 $0 $261,800
2019 $2,853 $235,620 $0 $235,620
2018 $2,656 $214,200 $0 $0
2017 $2,361 $206,700 $0 $0
2016 $2,243 $193,050 $0 $0
2015 $2,249 $181,016 $0 $0
2014 $1,993 $164,560 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 727012

Central Panhandle Association of REALTORS®

APN: 34881-577-044