Grand Panama Beach Resort 11807 Front Beach Rd Unit 1407 Panama City Beach, FL 32407
Estimated payment $13,793/month
Highlights
- Beach
- Property fronts gulf or ocean
- Heated In Ground Pool
- J.R. Arnold High School Rated A-
- Deeded access to the beach
- Gated Parking
About This Home
Grand Panama Beach Resort | 2BR + Bunk | 2BA | 14th Floor | Gulf-Front Views | Sleeps 8 Experience beachfront living at its finest in this stunning 14th-floor condo at Grand Panama Beach Resort, offering unobstructed Gulf views from large balcony and an exceptional blend of comfort, style, and rental income potential. This spacious unit features 2 bedrooms, a private bunk area with twin bunk beds, 2 full bathrooms, and a sleeper sofa in the living room, comfortably sleeping up to 8 guests. The open-concept layout includes a beautifully designed kitchen with granite countertops and a breakfast bar, flowing seamlessly into the living area—ideal for entertaining or relaxing. The master suite is a true retreat, complete with balcony access so you can wake up to the sound of waves and stunning views of the Gulf of Mexico. The second bedroom is perfect for guests, while the bunk area is a favorite for kids or additional visitors. Step out onto your oversized private balcony to enjoy breathtaking sunsets, ocean breezes, and the tranquil rhythm of the surf. Rental Income Potential:
With similar units grossing $45K-$65K+ annually, this condo offers excellent investment opportunity with strong rental demand and repeat guest potential. Resort Amenities Include: Gulf-front heated pools Tiki bar and grilling area Private beach access State-of-the-art fitness center Whether you're seeking a relaxing family beach retreat or a top-performing short-term rental, this Grand Panama gem delivers it all.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $6,225
Year Built
- Built in 2007
HOA Fees
- $10,079 Monthly HOA Fees
Interior Spaces
- Ceiling Fan
- Security Gate
- Stacked Washer and Dryer
Kitchen
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Parking
- Gated Parking
- Community Parking Structure
Pool
- Heated In Ground Pool
- Gunite Pool
Outdoor Features
- Deeded access to the beach
Schools
- Hutchison Beach Elementary School
- Surfside Middle School
- Arnold High School
Additional Features
- Central Heating and Cooling System
Community Details
Overview
- Association fees include clubhouse, ground maintenance, maintenance structure, pest control, pool(s), sewer, security, trash, water
- High-Rise Condominium
- Grand Panama Beach Resort Subdivision
Amenities
- Elevator
Recreation
- Beach
Map
About Grand Panama Beach Resort
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 | $5,884 | $457,169 | -- | -- |
| 2023 | $5,884 | $415,608 | $0 | $520,000 |
| 2022 | $4,452 | $377,825 | $0 | $377,825 |
| 2021 | $3,851 | $310,463 | $0 | $310,463 |
| 2020 | $3,530 | $292,400 | $0 | $292,400 |
| 2019 | $3,230 | $267,750 | $0 | $267,750 |
| 2018 | $3,090 | $250,750 | $0 | $0 |
| 2017 | $2,808 | $246,500 | $0 | $0 |
| 2016 | $3,084 | $265,868 | $0 | $0 |
| 2015 | $2,950 | $241,698 | $0 | $0 |
| 2014 | $2,662 | $219,725 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/02/2025 04/02/25 | For Sale | $604,900 | +92.0% | $533 / Sq Ft | |
| 12/05/2022 12/05/22 | Off Market | $315,000 | -- | -- | |
| 08/24/2021 08/24/21 | Sold | $465,000 | 0.0% | $410 / Sq Ft | View Prior Sale |
| 06/27/2021 06/27/21 | Pending | -- | -- | -- | |
| 05/15/2021 05/15/21 | For Sale | $465,000 | +47.6% | $410 / Sq Ft | |
| 04/27/2018 04/27/18 | Sold | $315,000 | 0.0% | $278 / Sq Ft | View Prior Sale |
| 03/15/2018 03/15/18 | Pending | -- | -- | -- | |
| 03/12/2018 03/12/18 | For Sale | $315,000 | -- | $278 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $465,000 | None Listed On Document | |
| Quit Claim Deed | -- | Buyers Title Inc | |
| Special Warranty Deed | -- | None Available | |
| Deed | $100 | -- | |
| Deed | $227,800 | None Available | |
| Special Warranty Deed | $533,500 | Attorney |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $259,213 | New Conventional | |
| Previous Owner | $417,000 | Purchase Money Mortgage |
Source: Central Panhandle Association of REALTORS®
MLS Number: 771377
APN: 40000-700-123
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