$465,000
SOLD AUG 24, 2021

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

2 Beds
2 Baths
1,135 Sq Ft
$517/mo HOA Fee

Recently Sold

$410 Per Sq Ft

43 Days on Market

Highlights

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

About This Home

As of August 2021

Fantastic 2BR unit that enjoys sweeping views of the beautiful emerald coast beaches from the oversized balcony and master bedroom. Enjoy the sounds of the waves and the morning sunrise or evening sunset on your back porch. The unit includes bunks and laundry in the hallway for additional guests. Don't miss out on the opportunity to purchase this fully furnished gulf-front turnkey investment property today!

Last Agent to Sell the Property

Tanner Shehan

Latitude Resort Properties License #3348219 Listed on: 05/15/2021

Last Buyer's Agent

Amanda Hayden

30A Local Real Estate License #3428175

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,530

Year Built

  • Built in 2007

Lot Details

HOA Fees

  • $517 Monthly HOA Fees

Parking

  • Covered Parking

Interior Spaces

  • 1,135 Sq Ft Home
  • Living Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 40000-700-123

Community Details

Overview

  • Association fees include accounting, internet service, recreational faclty, sewer, water, cable TV, trash
  • Grand Panama Beach Resorts Subdivision

Amenities

  • Community Barbecue Grill
  • Elevator

Recreation

  • Beach

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,530

Year Built

Built in 2007

Lot Details

0

HOA Fees

$517 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: GRAND PANAMA BEACH RESORTS
  • Directions: Traveling east on Hwy 98, turn right onto Clara Ave and continue 0.8 miles, take a left onto Front Beach Rd and Grand Panama will be about a mile ahead on the right.
  • Architectural Style: N/A
  • Carport Y N: No
  • New Construction: No
  • Year Built: 2007
  • Utilities Electric: Yes
  • Special Features: None

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 2

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Parking Features: Covered
  • General Property Info:Garage2: No
  • Parking Features:Covered: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electric, Public Sewer, Public Water

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Beach, Elevators, Exercise Room, Pool, Waterfront
  • Association #2 Fee: 516.95
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Internet Service, Recreational Faclty, Sewer, Water, Cable TV, Trash

Schools

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

Lot Info

  • Parcel #: 40000-700-123
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3530.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2021
Closed on
Aug 24, 2021
Sold by
Lost Rabbit Properties Llc
Bought by
N & M Properties Llc
Seller's Agent
Tanner Shehan
Latitude Resort Properties
Buyer's Agent
Amanda Hayden
30A Local Real Estate
List Price
$465,000
Sold Price
$465,000
Total Days on Market
43

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.04%
Original Mortgage
$259,213
Outstanding Balance
$204,824
Interest Rate
2.2%
Mortgage Type
New Conventional
Estimated Equity
$375,297

Purchase Details

Closed on
Apr 10, 2017
Sold by
Wells Fargo Bank N A
Bought by
U S Bank N A

Purchase Details

Closed on
Apr 6, 2017
Sold by
Wells Fargo Bank Na
Bought by
U S Bank Na

Purchase Details

Closed on
Apr 1, 2017
Bought by
N.A.

Purchase Details

Closed on
Jan 3, 2017
Sold by
Cadle John and Cadle John A
Bought by
Wells Fargo Bank

Purchase Details

Closed on
Feb 21, 2008
Sold by
Bnp Investment Properties Llc
Bought by
Cadle John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.85%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Similar Homes in the area

  • 12011 Front Beach Rd Unit 1704B, Panama City Beach, FL 32407

    $499,000

    • 2 Beds
    • 2 Baths
    • 1,076 Sq Ft
    • 12011 Front Beach Rd
    • Unit 1704B
    • Panama City Beach, FL

    This condo is a proven winner for vacation rentals--should you decide to share! As soon as you walk through the door, the first thing you'll notice will be the phenomenal views! Then take a moment to look around at this fully furnished, two-bedroom, two full baths condo. The easy-care laminate flooring is ideal for beachfront living. There are unique touches throughout this condo, to include the

    Paula Sherman ERA American Real Estate

    Section Image
  • 12011 Front Beach Rd Unit 1604, Panama City Beach, FL 32407

    $510,000

    • 2 Beds
    • 2 Baths
    • 1,076 Sq Ft
    • 12011 Front Beach Rd
    • Unit 1604
    • Panama City Beach, FL

    Seller offering $11,000 credit to you as a Buyer- Call today! The best Sunrise and Sunset views of the Gulf in Panama City Beach, awesome amenities and dog park. Rental dream for investors, an amazing second home or retire in a beautiful place. This two bedroom, two bath unit with oversized balcony is the best place to relax and enjoy life. Come see today!

    Cheramie Reeder Robert Slack, LLC

    Section Image
  • 11619 Front Beach Rd Unit 708, Panama City Beach, FL 32407

    $460,000

    • 2 Beds
    • 2 Baths
    • 1,055 Sq Ft
    • 11619 Front Beach Rd
    • Unit 708
    • Panama City Beach, FL

    HURRY....A STEAL FOR THIS POPULAR EDGEWATER TOWER 2 BEACH FRONT CONDO... PRICE POINT REFLECTS EQUITY FOR UPDATES.....Uncover the charm of coastal living in this charming 2-bedroom, 2-bath beachfront condo at Edgewater Tower 2 in Panama City Beach, FL. This cozy unit boasts a spacious kitchen, perfect for whipping up seaside delicacies, with the potential for some modern updates to maximize its

    Sassy French Keller Williams Success Realty

    Section Image
  • 9860 S Thomas Dr Unit 1806, Panama City, FL 32408

    $469,000

    • 3 Beds
    • 2 Baths
    • 1,262 Sq Ft
    • 9860 S Thomas Dr
    • Unit 1806
    • Panama City, FL

    Fully renovated 3BR/2BA GULF-VIEW condo at the beautiful Laketown Wharf Beach Resort . This 1262 sqft unit offers spectacular gulf views from the 18th floor of the breathtaking Gulf of Mexico and the Emerald Coast and all it has to offer. This unit is being sold fully-furnished and everything you see in the photos convey. This unit is turn-key and any/all future bookings will transfer to new

    Shantel Peterson Real Broker LLC

    Section Image
  • 9902 S Thomas Dr Unit 1338, Panama City, FL 32408

    $438,375

    • 4 Beds
    • 3 Baths
    • 1,483 Sq Ft
    • 9902 S Thomas Dr
    • Unit 1338
    • Panama City, FL

    Fully renovated 4BR/3BA corner-unit condo with a wrap-around balcony in the beautiful Laketown Wharf Beach Resort . This 1485 sqft unit offers spectacular and panoramic city/lake views from your TWO balconies on the 13th floor, corner unit, including views of Front Beach Road and the lagoon. The views are incredible during the day - you can see for miles far but at night, the views are truly

    Shantel Peterson Real Broker LLC

    Section Image
  • 9902 S Thomas Dr Unit 2028, Panama City, FL 32408

    $389,000

    • 3 Beds
    • 2 Baths
    • 1,262 Sq Ft
    • 9902 S Thomas Dr
    • Unit 2028
    • Panama City, FL

    Live in penthouse luxury on the 20th floor with raised ceilings and views most dream of. The view from your patio is breathtaking as it overlooks the lake and boardwalk below and you're high enough on the 20th floor to see miles away of the city. Incredible gulf view from your front bedroom window. (see photo) This turn-key fully-renovated condo has incredible Lake & City Views is being sold

    Shantel Peterson Real Broker LLC

    Section Image
  • 9902 S Thomas Dr Unit 1532, Panama City Beach, FL 32408

    $379,000

    • 3 Beds
    • 2 Baths
    • 1,262 Sq Ft
    • 9902 S Thomas Dr
    • Unit 1532
    • Panama City Beach, FL

    Fully renovated turn-key 3BR/2 BA condo in the beautiful Laketown Wharf Beach Resort. This 1262 sqft unit offers spectacular city/lake views from the 15th floor! This unit has been continuously profitable: 2021/$61,569, 2022/$50,499, 2023/$52,499, 2024/$49,858.Can be used as primary residence, short term rental or investment property AND this unit is being sold FULLY furnished - with no

    Shantel Peterson Real Broker LLC

    Section Image
  • 14701 Front Beach Rd Unit 1631, Panama City Beach, FL 32413

    $509,900

    • 2 Beds
    • 2 Baths
    • 1,299 Sq Ft
    • 14701 Front Beach Rd
    • Unit 1631
    • Panama City Beach, FL

    MOTIVATED SELLER! Seller agrees to pay remaining 2025 HOA fees at time of closing.Step into your dream oasis with this GULF-view condo located on the 16th floor of Emerald Beach Resort. This 2BR/2BA unit with 1299 sq ft offers spectacular view of the Emerald Coast. You can sit on your private balcony and watch the dolphins dance below or listen to the sounds of the green emerald waters

    Shantel Peterson Real Broker LLC

    Section Image
  • 15928 Front Beach Rd Unit 3-403, Panama City Beach, FL 32413

    $478,900

    • 1 Bed
    • 2 Baths
    • 1,103 Sq Ft
    • 15928 Front Beach Rd
    • Unit 3-403
    • Panama City Beach, FL

    LOCATION, LOCATION, LOCATION!!! Welcome to your perfect slice of paradise! This 4th-floor unit boasts breathtaking, unobstructed views of the Gulf of Mexico, offering the ultimate beachside retreat. Situated just steps away from the vibrant Pier Park, Gulf World, premier shopping, top-rated restaurants, and endless attractions, this property is the epitome of convenience and coastal living. The

    Amanda Gaskin Briar Patch Realty LLC

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $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

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: 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 $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

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 871858

Emerald Coast Association of REALTORS®

APN: 40000-700-123