$845,000
SOLD OCT 30, 2024

10901 Front Beach Rd Unit 902 Panama City Beach, FL 32407

4 Beds
3 Baths
1,583 Sq Ft
$1,042/mo HOA Fee

Recently Sold

$534 Per Sq Ft

6% Below List Price

149 Days on Market

Highlights

  • Beach
  • Property fronts gulf or ocean
  • Main Floor Primary Bedroom
  • J.R. Arnold High School Rated A-
  • Gated Community
  • Sauna

About This Home

As of October 2024

Indulge in the ultimate beachfront lifestyle with this exquisite 4br, 3ba condo at Majestic Beach Resort. Boasting spectacular views of the Gulf of Mexico from both the living area and the mast bedroom, this property offers an unparalleled opportunity for investors & beach enthusiasts alike. Step inside and prepare to be mesmerized by the stunning renovations that have transformed this condo into a coastal paradise. From the moment you enter, you're greeted by new coastal-style luxury vinyl plank flooring that sets the tone for laid-back elegance. The kitchen is a chef's dream, featuring beautiful new cabinets, quartz countertops, & stainless-steel appliances. Whether you're whipping up a gourmet meal or mixing cocktails for sunset gatherings, this space is as functional as it is stylish The master bedroom is a sanctuary of relaxation, opening directly onto the balcony overlooking the pristine beach. Wake up to the sound of crashing waves and bask in the golden hues of sunrise from the comfort of your own bed. The master bathroom is equally impressive, boasting a double-headed walk-in shower adorned with beautiful tilework, offering a spa-like experience every day. With accommodations for up to 12 guests, this condo is perfect for large families or group getaways. Plus, with rental income already in place and projected to generate $90,000 in gross rent for 2024, this property is not only a luxurious retreat but also a savvy investment opportunity. But the allure of this condo extends beyond its walls. Majestic Beach Resort offers a wealth of amenities to enhance your vacation experience. From multiple pools and a heated indoor pool to a top-of-the-line fitness center, tennis courts, movie theater, arcade, and even a Starbucks coffee market, every day is filled with endless possibilities for relaxation and recreation. Don't miss your chance to own a piece of paradise at Majestic Beach Resort. Schedule a viewing today and experience the coastal lifestyle you've always dreamed of.

Last Agent to Sell the Property

Amanda Cialoni

Seashore Realty LLC License #3073206 Listed on: 04/13/2024

Last Buyer's Agent

Alexandra Caudill

Rosemary Beach Realty LLC License #3346196

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,230

Year Built

  • Built in 2005

HOA Fees

  • $1,042 Monthly HOA Fees

Interior Spaces

  • 1,583 Sq Ft Home
  • Furnished
  • Living Room
  • Gulf Views

Kitchen

  • Electric Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

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

Utilities

  • Central Air
  • Cable TV Available

Additional Features

  • Balcony
  • Property fronts gulf or ocean

Listing and Financial Details

  • Assessor Parcel Number 34881-575-106

Community Details

Overview

  • Association fees include ground keeping, insurance, sewer, water, cable TV, trash
  • Majestic Beach Towers I Subdivision

Amenities

  • Community Barbecue Grill
  • Sauna
  • Game Room
  • Recreation Room
  • Elevator

Recreation

  • Beach
  • Tennis Courts
  • Community Pool
  • Community Whirlpool Spa

Pet Policy

  • Pets Allowed

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,230

Year Built

Built in 2005

Lot Details

0

HOA Fees

$1,042 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: MAJESTIC BEACH TOWERS I
  • Directions: From Front Beach Rd and Richard Jackson Blvd, head east on Front Beach Rd. Look for Majestic Beach Resort (blue building) on the beach side. Park in the parking deck area and use the elevator in the parking area to go to the walkover for Tower I. Then use the elevator on the beach side to go to unit 902.
  • Architectural Style: N/A
  • Carport Y N: No
  • New Construction: No
  • Year Built: 2005
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Energy:AC - Central Elect: Yes
  • Rooms:Living Room: Yes
  • Waterview:Gulf2: Yes
  • Waterfront:Gulf: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Special Features: None

Interior Features

  • Furnished: Furnished - All
  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator W/IceMk, Stove/Oven Electric, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Appliances:StoveOven Electric: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Interior:Furnished - All: Yes

Exterior Features

  • Pool Features: Pool Type
  • View: Gulf
  • Waterfront Features: Gulf
  • Waterfront: Yes
  • Exterior Features: Balcony
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • Exterior:Balcony: Yes

Garage/Parking

  • General Property Info:Garage2: No

Utilities

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

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Beach, Community Room, Elevators, Exercise Room, Game Room, Gated Community, Pets Allowed, Pool, Sauna/Steam Room, Tennis, Waterfront, Whirlpool
  • Association #2 Fee: 3125.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Ground Keeping, Insurance, Sewer, Water, Cable TV, Trash

Schools

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

Lot Info

  • Parcel #: 34881-575-106

Tax Info

  • Tax Annual Amount: 8230.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2024
Closed on
Oct 30, 2024
Sold by
Lcg3 Properties Llc
Bought by
Herlyn Cameron J
Seller's Agent
Amanda Cialoni
Seashore Realty LLC
Buyer's Agent
Alexandra Caudill
Rosemary Beach Realty LLC
List Price
$899,000
Sold Price
$845,000
Premium/Discount to List
-$54,000
-6.01%
Views
35
Current Estimated Value
$803,540

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$41,460
Avg. Annual Appreciation
-5.27%
Original Mortgage
$603,000
Outstanding Balance
$598,166
Interest Rate
7.25%
Mortgage Type
New Conventional
Estimated Equity
$205,374

Purchase Details

Closed on
Aug 23, 2021
Sold by
4630 Picturesque Court Llc
Bought by
Lcg3 Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$507,500
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Listed on
Aug 3, 2018
Closed on
Oct 3, 2018
Sold by
English Bobby M and English Kymberly I
Bought by
Picturesque Ct Llc
Seller's Agent
Mandy Cooper
Scenic Sotheby's International Realty
Buyer's Agent
Mandy Cooper
Scenic Sotheby's International Realty
List Price
$485,000
Sold Price
$485,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.47%
Original Mortgage
$212,500
Interest Rate
4.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 16, 2015
Sold by
P C Vacation Home Llc
Bought by
English Bobby M and English Kymberly I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
3.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 29, 2005
Sold by
Head Bret A and Head Robin A
Bought by
Pc Vacation Home Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$567,000
Interest Rate
5.66%
Mortgage Type
Purchase Money Mortgage
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
Warranty Deed $845,000 Shoreline Title
Warranty Deed $725,000 None Available
Warranty Deed $485,000 Attorney
Warranty Deed $370,000 Blue Title Llc
Warranty Deed $630,000 --
Special Warranty Deed $405,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $603,000 New Conventional
Previous Owner $507,500 Commercial
Previous Owner $212,500 Commercial
Previous Owner $250,000 New Conventional
Previous Owner $567,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/30/2024 10/30/24 Sold $845,000 0.0% $534 / Sq Ft
09/09/2024 09/09/24 Pending -- -- --
05/17/2024 05/17/24 Price Changed $845,000 -2.3% $534 / Sq Ft
05/06/2024 05/06/24 Price Changed $865,000 -3.8% $546 / Sq Ft
04/13/2024 04/13/24 For Sale $899,000 +85.4% $568 / Sq Ft
12/11/2019 12/11/19 Off Market $485,000 -- --
10/03/2018 10/03/18 Sold $485,000 0.0% $306 / Sq Ft View Prior Sale
09/02/2018 09/02/18 Pending -- -- --
08/03/2018 08/03/18 For Sale $485,000 -- $306 / Sq Ft
Source: Emerald Coast 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 $8,230 $650,250 -- $650,250
2023 $8,230 $650,250 $0 $650,250
2022 $7,091 $616,250 $0 $616,250
2021 $5,477 $421,685 $0 $0
2020 $4,730 $410,125 $0 $410,125
2019 $4,164 $348,500 $0 $348,500
2018 $4,015 $329,165 $0 $0
2017 $3,703 $326,400 $0 $0
2016 $3,630 $314,075 $0 $0
2015 $3,594 $285,409 $0 $0
2014 $3,238 $259,463 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 947246

Emerald Coast Association of REALTORS®

APN: 34881-575-106