$604,900

Grand Panama Beach Resort 11807 Front Beach Rd Unit 1407 Panama City Beach, FL 32407

Estimated payment $4,745/month

Total Views 1,727
2 Beds
2 Baths
1,135 Sq Ft
$533 Price per Sq Ft

Highlights

  • Beach
  • Property fronts gulf or ocean
  • Heated In Ground Pool
  • J.R. Arnold High School Rated A-
  • Deeded access to the beach
  • Furnished

About This Home

Grand Panama Beach Resort | 2BR + Bunk | 2BA | 14th Floor | Gulf-Front Views | Sleeps 8Experience 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 poolsTiki bar and grilling areaPrivate beach accessState-of-the-art fitness centerWhether 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

Lot Details

HOA Fees

  • $840 Monthly HOA Fees

Parking

  • Community Parking Structure

Interior Spaces

  • 1,135 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Stacked Washer and Dryer

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,225

Year Built

Built in 2007

Lot Details

0

HOA Fees

$840 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2007
  • Property Sub Type: Condominium
  • Subdivision Name: Grand Panama Beach Resort
  • Architectural Style: High Rise
  • Entry Level: 14
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Appliances: Washer/Dryer Stacked, Dishwasher, Electric Range, Electric Water Heater, Disposal, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 1135.0
  • Dining Room Type: Bedroom
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Pool Features: Gunite, Gas Heat, In Ground
  • View: Gulf
  • View: Yes
  • Waterfront Features: Gulf, Shoreline - Sand, Deeded Access, Waterfront
  • Waterfront: Yes
  • Exterior Features: Balcony
  • Patio And Porch Features: Balcony

Garage/Parking

  • Parking Features: Community Structure
  • Garage: No

Utilities

  • Utilities: Cable Connected
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Heating: Central, Electric
  • Laundry Features: Stacked
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 839.88
  • Community Features: Beach, Elevator, Short Term Rental Allowed
  • Amenities: Beach Rights
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Clubhouse, Maintenance Grounds, Maintenance Structure, Pest Control, Pool(s), Sewer, Security, Trash, Water

Schools

  • Middle Or Junior School: Surfside

Lot Info

  • Lot Features: Waterfront

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Annual Amount: 6225.0
  • Tax Year: 2024

MLS Schools

  • Elementary School: Hutchison Beach
  • High School: Arnold

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $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
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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 -- --
06/20/2022 06/20/22 Off Market $383,250 -- --
08/24/2021 08/24/21 Sold $465,000 0.0% $410 / Sq Ft
06/27/2021 06/27/21 Pending -- -- --
05/15/2021 05/15/21 For Sale $465,000 +21.3% $410 / Sq Ft
09/25/2020 09/25/20 Sold $383,250 -1.7% $338 / Sq Ft
08/15/2020 08/15/20 Pending -- -- --
08/05/2020 08/05/20 For Sale $389,900 +23.8% $344 / Sq Ft
04/27/2018 04/27/18 Sold $315,000 -4.0% $278 / Sq Ft
03/15/2018 03/15/18 Pending -- -- --
03/09/2018 03/09/18 For Sale $328,000 -- $289 / Sq Ft
Source: Central Panhandle Association of REALTORS®

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
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $259,213 New Conventional
Previous Owner $417,000 Purchase Money Mortgage
Source: Public Records

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Source: Central Panhandle Association of REALTORS®

MLS Number: 771377

Central Panhandle Association of REALTORS®

APN: 40000-700-123