$485,000
SOLD NOV 9, 2021

Edgewater Beach Resort Tower I & II 11483 Front Beach Rd Unit 611 Panama City Beach, FL 32407

2 Beds
2 Baths
1,366 Sq Ft
$771/mo HOA Fee

Recently Sold

$355 Per Sq Ft

8% Below List Price

91 Days on Market

Highlights

  • Golf Course Community
  • Property fronts gulf or ocean
  • Community Pool
  • J.R. Arnold High School Rated A-
  • Furnished
  • Tennis Courts

About This Home

As of November 2021

CURRENTLY UNDER CONTRACT, SELLER ACCEPTING BACKUP OFFERS. Beautiful condo on the sixth floor in TOWER ONE - the most desirable location at Edgewater Beach Resort. Our spacious unit is tastefully decorated and overlooks the 11,500 tropical lagoon pool with the sugary white sands and the gulf of Mexico as the backdrop.Not only can you enjoy this panoramic vista from the large balcony, but it can also be viewed through the ceiling to floor window wall in the comfortable living room and dining room. Edgewater boasts more amenities than any other Panama City Beach resort.

Last Agent to Sell the Property

Cliff Glansen

FLATFEE.COM

Last Buyer's Agent

Scott Pelletier

Sterling Realty LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,576

Year Built

  • Built in 1985

HOA Fees

  • $771 Monthly HOA Fees

Interior Spaces

  • 1,366 Sq Ft Home
  • Furnished
  • Living Room

Kitchen

  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Schools

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

Additional Features

  • Balcony
  • Central Air

Community Details

Overview

  • Association fees include management, ground maintenance, pool(s), recreation facilities, water
  • High-Rise Condominium
  • Edgewater Beach Subdivision

Amenities

  • Elevator

Recreation

  • Golf Course Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,576

Year Built

Built in 1985

Lot Details

0

HOA Fees

$771 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1985
  • Property Sub Type: Condominium
  • Subdivision Name: Edgewater Beach
  • Architectural Style: High Rise
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Appliances: Electric Range, Microwave, Refrigerator
  • Interior Amenities: Pantry
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 1366.0
  • Dining Room Type: Living Room, Primary Bedroom
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Pool Features: Community
  • View: Gulf
  • View: Yes
  • Waterfront Features: Gulf, Waterfront
  • Waterfront: Yes
  • Exterior Features: Balcony
  • Patio And Porch Features: Balcony

Garage/Parking

  • Garage: No

Utilities

  • Utilities: Cable Connected, Electricity Connected, Phone Connected, Water Connected
  • Cooling: Central Air
  • Cooling Y N: Yes

Condo/Co-op/Association

  • Association Fee: 2312.0
  • Community Features: Elevator, Fitness Center, Golf, Pool, Short Term Rental Allowed, Tennis Court(s), Waterfront
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Fee Information

  • Association Fee Includes: Association Management, Maintenance Grounds, Pool(s), Recreation Facilities, Water

Schools

  • Middle Or Junior School: Surfside

Lot Info

  • Lot Features: Waterfront

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Annual Amount: 3576.0
  • Tax Year: 2020

MLS Schools

  • Elementary School: Hutchison Beach
  • High School: Arnold

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2021
Closed on
Nov 9, 2021
Sold by
Peterman Robin Keith and Peterman Tammy
Bought by
Dabit Farah and Dabit Nahida
Seller's Agent
Cliff Glansen
FLATFEE.COM
Buyer's Agent
Scott Pelletier
Sterling Realty LLC
List Price
$525,000
Sold Price
$485,000
Premium/Discount to List
-$40,000
-7.62%
Total Days on Market
91

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.86%

Purchase Details

Closed on
May 20, 2008
Sold by
Hicks Jimmy S
Bought by
Peterman Keith and Peterman Tammy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,875
Interest Rate
5.84%
Mortgage Type
Balloon

Map

About Edgewater Beach Resort Tower I & II

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 $485,000 Defender T&E Agcy Llc
Warranty Deed $357,500 Diamond Title Agency Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $299,953 Commercial
Previous Owner $303,875 Balloon
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2024 08/21/24 For Sale $649,000 +33.8% $475 / Sq Ft
06/20/2022 06/20/22 Off Market $485,000 -- --
11/09/2021 11/09/21 Sold $485,000 -2.0% $355 / Sq Ft
10/27/2021 10/27/21 Pending -- -- --
08/05/2021 08/05/21 Price Changed $495,000 -5.7% $362 / Sq Ft
07/28/2021 07/28/21 For Sale $525,000 -- $384 / Sq Ft
Source: Central Panhandle Association of REALTORS®

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 $5,960 $498,823 -- --
2023 $5,960 $453,475 $0 $486,625
2022 $4,785 $412,250 $0 $412,250
2021 $3,697 $295,375 $0 $295,375
2020 $3,576 $295,375 $0 $295,375
2019 $3,387 $280,500 $0 $280,500
2018 $3,346 $273,020 $0 $0
2017 $2,829 $248,200 $0 $0
2016 $3,002 $259,250 $0 $0
2015 $2,844 $238,000 $0 $0
2014 $2,615 $218,958 $0 $0
Source: Public Records

Source: Central Panhandle Association of REALTORS®

MLS Number: 714762

Central Panhandle Association of REALTORS®

APN: 34800-071-000

Florida Bay County Panama City Beach 32407

11483 Front Beach Rd Unit 611, Panama City Beach, FL

Homes for Sale in Panama City Beach, FL

This home is located at 11483 Front Beach Rd Unit 611, Panama City Beach, FL 32407 and is currently priced at $485,000, approximately $355 per square foot. This property was built in 1985. 11483 Front Beach Rd Unit 611 is a home located in Bay County with nearby schools including J.R. Arnold High School, Hutchison Beach Elementary School, and Surfside Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Central Panhandle Association of REALTORS® IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

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