$245,000
SOLD MAY 20, 2016

Sterling Reef Condominium 12011 Front Beach Rd Unit 1004B Panama City Beach, FL 32407

2 Beds
2 Baths
1,076 Sq Ft
$410/mo HOA Fee

Recently Sold

$228 Per Sq Ft

2% Below List Price

17 Days on Market

Highlights

  • Beach
  • Property fronts gulf or ocean
  • Community Pool
  • J.R. Arnold High School Rated A-
  • Furnished
  • 3-minute walk to County Pier

About This Home

As of May 2016

Here's your opportunity to own your piece of paradise on the Gulf Coast for under 250K. Come view this exceptional two bedroom, two bath, Gulf front investment opportunity and you will not be disappointed. Sterling Reef is the perfect beach vacation destination for your family. Conveniently located just west of M.B. Miller fishing pier (there is nothing in between Sterling Reef and the pier, and never will be), you enjoy 1700 feet of unspoiled and uncrowded beaches! You are close to everything with easy access to the middle and back beach roads to bypass traffic in heavy traffic. Fully furnished, 2bedroom 2bath unit with 9' ceilings located on the 10th floor (west end of building). Great gulf views from Master Bedroom and living room/kitchen area. Sit on your oversized balconywhile wat

Last Agent to Sell the Property

John Skinner Jr.

Keller Williams Realty Emerald License #3226343 Listed on: 03/30/2016

Keller Williams Realty Emerald

Last Buyer's Agent

Michele Morros

Counts Real Estate Group Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,311

Year Built

  • Built in 2005

Lot Details

  • Property fronts gulf or ocean
  • Property fronts a county road

HOA Fees

  • $410 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Stucco

Interior Spaces

  • 1,076 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Woodwork
  • Dining Room

Kitchen

  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony

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 management, clubhouse, cable TV, insurance, internet, legal/accounting, ground maintenance, pool(s), sewer, trash, water
  • Mid-Rise Condominium
  • Sterling Reef Subdivision

Amenities

  • Community Barbecue Grill
  • Elevator

Recreation

  • Beach

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,311

Year Built

Built in 2005

Lot Details

0

HOA Fees

$410 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2005
  • Property Sub Type: Condominium
  • Lot Size: CONDO
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Subdivision Name: Sterling Reef
  • Architectural Style: Mid Rise
  • Unit Levels: One
  • Building Stories: 1
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Interior Amenities: Breakfast Bar, Natural Woodwork
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 1076.0
  • Dining Room Type: Bedroom, Dining Room, Primary Bedroom
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Pool Features: Community
  • View: Gulf
  • View: Yes
  • Waterfront Features: Gulf, Waterfront
  • Waterfront: Yes
  • Construction Type: Concrete, Stucco
  • Exterior Features: Balcony
  • Patio And Porch Features: Balcony

Garage/Parking

  • Parking Features: Garage
  • Garage: Yes

Utilities

  • Utilities: Cable Connected, Electricity Connected, Phone Connected, Sewer Connected, Water Connected
  • Cooling: Central Air, Electric
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 410.0
  • Community Features: Barbecue, Beach, Elevator, Fitness Center, Other, Pool, See Remarks
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Association Management, Clubhouse, Cable TV, Insurance, Internet, Legal/Accounting, Maintenance Grounds, Pool(s), Sewer, Trash, Water

Schools

  • Middle Or Junior School: Surfside

Lot Info

  • Lot Features: Waterfront
  • Zoning Description: Resid Multi-Family

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Annual Amount: 2311.0
  • Tax Year: 2015

MLS Schools

  • Elementary School: Hutchison Beach
  • High School: Arnold

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2016
Closed on
May 20, 2016
Sold by
Blalock James P and Blalock Rebecca
Bought by
Inthavong Savath Vick and Soumpholphaskdy Vanaly
Seller's Agent
John Skinner Jr.
Keller Williams Realty Emerald
Buyer's Agent
Michele Morros
Counts Real Estate Group Inc
List Price
$249,900
Sold Price
$245,000
Premium/Discount to List
-$4,900
-1.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.75%
Original Mortgage
$196,000
Outstanding Balance
$86,288
Interest Rate
2.85%
Mortgage Type
New Conventional
Estimated Equity
$405,301

Purchase Details

Closed on
Apr 4, 2005
Sold by
Sterling Reef Development Group Llc
Bought by
Blalock James P and Blalock Rebecca
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 $245,000 None Available
Condominium Deed $279,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $196,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2025 08/01/25 Price Changed $496,900 -0.6% $462 / Sq Ft
03/31/2025 03/31/25 Price Changed $499,900 -2.0% $465 / Sq Ft
11/19/2024 11/19/24 For Sale $510,000 +108.2% $474 / Sq Ft
06/20/2022 06/20/22 Off Market $245,000 -- --
05/20/2016 05/20/16 Sold $245,000 -2.0% $228 / Sq Ft
04/16/2016 04/16/16 Pending -- -- --
03/30/2016 03/30/16 For Sale $249,900 -- $232 / Sq Ft
Source: Central Panhandle 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 $5,220 $390,316 -- --
2023 $5,220 $354,833 $0 $461,975
2022 $4,161 $322,575 $0 $0
2021 $3,648 $293,250 $0 $293,250
2020 $3,308 $276,250 $0 $276,250
2019 $2,985 $249,050 $0 $249,050
2018 $2,752 $222,717 $0 $0
2017 $2,312 $202,470 $0 $0
2016 $2,357 $201,607 $0 $0
2015 $2,311 $183,279 $0 $0
2014 $2,091 $166,617 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michele Morros

    Seller's Agent in 2024

    Michele Morros

    Keller Williams Success Realty

    (850) 258-9878

    95 in this area

    341 Total Sales

    Michele Morros
    Section Image
  • Ann Wohlford

    Seller Co-Listing Agent in 2024

    Ann Wohlford

    Keller Williams Success Realty

    (850) 624-6909

    75 in this area

    264 Total Sales

    Ann Wohlford
    Section Image
  • John Skinner Jr.

    Seller's Agent in 2016

    John Skinner Jr.

    Keller Williams Realty Emerald

    (850) 543-5763

    57 in this area

    68 Total Sales

    John Skinner Jr.
    Section Image
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About Sterling Reef Condominium

Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 644465

Central Panhandle Association of REALTORS®

APN: 34809-610-067

Florida Bay County Panama City Beach 32407

12011 Front Beach Rd Unit 1004B, Panama City Beach, FL

This home is located at 12011 Front Beach Rd Unit 1004B, Panama City Beach, FL 32407 and is currently priced at $245,000, approximately $227 per square foot. This property was built in 2005. 12011 Front Beach Rd Unit 1004B is a home located in Bay County with nearby schools including J.R. Arnold High School, Surfside Middle School, and Hutchison Beach Elementary 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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