$212,000
SOLD MAY 21, 2013

Sterling Reef Condominium 12011 Front Beach Rd Unit 103 Panama City Beach, FL 32407

2 Beds
2 Baths
1,076 Sq Ft
$499/mo HOA Fee

Recently Sold

$197 Per Sq Ft

9% Below List Price

16 Days on Market

Highlights

  • In Ground Pool
  • Gulf View
  • Furnished
  • J.R. Arnold High School Rated A-
  • Gated Community
  • 3-minute walk to County Pier

About This Home

As of January 2014

This condo has large 474 sq. ft. balcony, great for more living space. The Master bedroom is on the Gulf with sliding glass doors to the huge balcony. The kitchen has an island with granite countertops. Also has a full size washer and dry. You will enjoy the exercise room that over looks the pool and beach. The pool is Bi-level and you have an unobstructed westward view of over 1700 feet of the new M. B. Miller Fishing Pier. Other amenities include an owners lounge, outside sitting with 2 gas grills for cookouts. The parking is under the building so no streets to cross. This unit comes completely furnished and is ready for the rental program. Sterling Reef is conveniently located across the street from shipwreck island water park.

Last Agent to Sell the Property

Scott Pelletier

Beach Haven Realty License #3085948

Last Buyer's Agent

Allen Owens

CENTURY 21 Ryan Realty Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,453

Year Built

  • Built in 2005

HOA Fees

  • $499 Monthly HOA Fees

Parking

  • Covered Parking

Interior Spaces

  • 1,076 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Ceiling Fan
  • Dining Room

Kitchen

  • Breakfast Bar
  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Balcony

Schools

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

Utilities

  • Central Air
  • Phone Available

Community Details

Overview

  • Association fees include cable TV, legal/accounting, phone, pool(s), water
  • High-Rise Condominium
  • Sterling Reef Subdivision

Amenities

  • Elevator

Security

  • Security Service
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,453

Year Built

Built in 2005

Lot Details

0

HOA Fees

$499 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2005
  • Property Sub Type: Condominium
  • Lot Size: NO LAND
  • Road Surface Type: Paved
  • Subdivision Name: Sterling Reef
  • Architectural Style: High Rise
  • Unit Levels: Three Or More
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

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

Exterior Features

  • Pool Features: In Ground
  • View: Gulf
  • View: Yes
  • Waterfront: No
  • Exterior Features: Balcony
  • Patio And Porch Features: Balcony

Garage/Parking

  • Parking Features: Covered

Utilities

  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected, Phone Available
  • Security Features: Security Service
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling Y N: Yes

Condo/Co-op/Association

  • Association Fee: 499.0
  • Community Features: Elevator, Fitness Center, Gated, Other, See Remarks
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Cable TV, Legal/Accounting, Phone, Pool(s), Water

Schools

  • Middle Or Junior School: Surfside

Lot Info

  • Zoning Description: Resid Multi-Family

Rental Info

  • Furnished: Furnished
  • Lease Term: Weekly

Tax Info

  • Tax Annual Amount: 1453.0
  • Tax Year: 2012

MLS Schools

  • Elementary School: Hutchison Beach
  • High School: Arnold

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2013
Closed on
Dec 6, 2013
Sold by
Bodnarchuk Michael
Bought by
Ffmd Property Management Llc
Seller's Agent
Allen Owens
Counts Real Estate Group Inc
Buyer's Agent
Karen Smith
Keller Williams Success Realty
List Price
$239,900
Sold Price
$239,900
Total Days on Market
16

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.86%

Purchase Details

Listed on
Apr 24, 2013
Closed on
May 21, 2013
Sold by
Hammond Wanda
Bought by
Bodnarchuk Michael
Seller's Agent
Scott Pelletier
Beach Haven Realty
Buyer's Agent
Allen Owens
CENTURY 21 Ryan Realty Inc
List Price
$234,000
Sold Price
$212,000
Premium/Discount to List
-$22,000
-9.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.07%

Purchase Details

Closed on
Mar 12, 2013
Sold by
M & S Investment Properties Llc
Bought by
Reef Sterling

Purchase Details

Closed on
Mar 23, 2012
Sold by
Alliston Linda C
Bought by
Alliston Gene E

Purchase Details

Closed on
Apr 1, 2005
Sold by
Sterling Reef Development Group Llc
Bought by
Drake Steven R and Mc Sparin Mark C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$508,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Map

About Sterling Reef Condominium

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 $239,900 Mti Title Ins Agency Inc
Warranty Deed $212,000 Mti Title Ins Agency Inc
Trustee Deed $166,100 None Available
Interfamily Deed Transfer -- Attorney
Condominium Deed $635,000 Fatco
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $508,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2025 05/20/25 For Sale $495,000 +133.5% $460 / Sq Ft
06/20/2022 06/20/22 Off Market $212,000 -- --
06/20/2022 06/20/22 Off Market $239,900 -- --
01/03/2014 01/03/14 Sold $239,900 0.0% $223 / Sq Ft
12/27/2013 12/27/13 Pending -- -- --
11/12/2013 11/12/13 For Sale $239,900 +13.2% $223 / Sq Ft
05/21/2013 05/21/13 Sold $212,000 -9.4% $197 / Sq Ft
05/10/2013 05/10/13 Pending -- -- --
04/24/2013 04/24/13 For Sale $234,000 -- $217 / 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 $5,220 $390,316 -- --
2023 $5,220 $461,975 $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 $2,369 $204,000 $0 $0
2015 $2,385 $198,220 $0 $0
2014 $2,158 $180,200 $0 $0
Source: Public Records

Source: Central Panhandle Association of REALTORS®

MLS Number: 608651

Central Panhandle Association of REALTORS®

APN: 34809-610-003

Florida Bay County Panama City Beach 32407

12011 Front Beach Rd Unit 103, Panama City Beach, FL

Homes for Sale in Panama City Beach, FL

This home is located at 12011 Front Beach Rd Unit 103, Panama City Beach, FL 32407 and is currently priced at $212,000, approximately $197 per square foot. This property was built in 2005. 12011 Front Beach Rd Unit 103 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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