$239,900
SOLD JAN 3, 2014

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

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

Recently Sold

$223 Per Sq Ft

45 Days on Market

Highlights

  • Beach
  • Property fronts gulf or ocean
  • Fishing
  • J.R. Arnold High School Rated A-
  • Heated In Ground Pool
  • 3-minute walk to County Pier

About This Home

As of January 2014

Sterling Reef two bedroom condo located on the first floor. There are three floors of parking under the building .So this condo will have great views. This condo offers a very large balcony 27x19 .The first floor condo's at Sterling Reef are the only floor plan offering this large balcony that can seat up to 16 people .This location is sure to please, walking distance to Ship Wreck water park and the County Pier .With easy access from Back Beach Road .Call today for a showing..

Last Agent to Sell the Property

Allen Owens

Counts Real Estate Group Inc License #3064725

Counts Real Estate Group Inc

Last Buyer's Agent

Karen Smith

Keller Williams Success Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,220

Year Built

  • Built in 2005

HOA Fees

  • $410 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Pillar, Post or Pier Foundation
  • Stucco

Interior Spaces

  • 1,076 Sq Ft Home
  • Dining Room

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Heated In Ground Pool
  • Balcony
  • Covered patio or porch

Schools

  • Breakfast Point Elementary School
  • Surfside Middle School
  • Arnold High School

Additional Features

  • Property fronts gulf or ocean
  • Phone Available

Community Details

Overview

  • Association fees include clubhouse, legal/accounting, ground maintenance, pest control, phone, pool(s), sewer, water
  • Mid-Rise Condominium
  • Sterling Reef Subdivision

Amenities

  • Community Barbecue Grill
  • Clubhouse
  • Elevator

Recreation

  • Beach
  • Fishing

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,220

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: 0
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: Sterling Reef
  • Architectural Style: Mid Rise
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

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

Exterior Features

  • Pool Features: Gas Heat, In Ground, Pool
  • View: Gulf
  • View: Yes
  • Waterfront Features: Gulf, Waterfront
  • Waterfront: Yes
  • Construction Type: Concrete, Stucco
  • Exterior Features: Built-in Barbecue, Balcony, Pool
  • Foundation Details: Pillar/Post/Pier
  • Patio And Porch Features: Balcony, Covered, Patio

Garage/Parking

  • Parking Features: Garage
  • Garage: Yes

Utilities

  • Utilities: Cable Connected, Electricity Connected, Other, Phone Connected, Sewer Connected, Trash Collection, Water Available, Phone Available
  • Laundry Features: Washer Hookup, Dryer Hookup

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: Clubhouse, Legal/Accounting, Maintenance Grounds, Pest Control, Phone, Pool(s), Sewer, Water

Schools

  • Middle Or Junior School: Surfside

Lot Info

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

Rental Info

  • Furnished: Partially

MLS Schools

  • Elementary School: Breakfast Point
  • 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
45

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

Range of Values:

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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: 614679

Central Panhandle Association of REALTORS®

APN: 34809-610-003