Sterling Reef Condominium 12011 Front Beach Rd Unit 1906B Panama City Beach, FL 32407
Estimated payment $14,554/month
Highlights
- Property fronts gulf or ocean
- 1 Car Garage
- High-Rise Condominium
- J.R. Arnold High School Rated A-
About This Home
Penthouse Unit with Million-Dollar Views - Updated, Fully Furnished & Rental Ready! Welcome to this stunning Penthouse-Level 2-bedroom, 2-bath condo at highly sought-after Sterling Reef, offering panoramic, unobstructed west-facing views of the Gulf of Mexico, County Pier, and some of the most breathtaking sunsets on the coast. Sold fully furnished and rental ready, this beautifully updated unit is the perfect turnkey investment, second home, or full-time beach residence. From the moment you enter the large foyer, the space and quality of this home are immediately apparent. The open kitchen features granite countertops and flows seamlessly into the living area, where floor-to-ceiling glass draws your eye directly to the turquoise waters beyond the expansive 7' x 26.6' balcony. Wake up each morning to Gulf views from the master bedroom, complete with private balcony access and an upgraded en-suite master bathroom featuring an oversized, fully tiled walk-in shower. The spacious second bedroom is positioned at the front of the unit, along with the second full bath and a convenient laundry area. This penthouse-level condo boasts 9-ft ceilings, all-tile flooring (no carpet!), and a clean, coastal design ideal for low-maintenance living. Relax on your private balcony and enjoy endless views of soft quartz sand, sparkling water, and postcard-perfect sunsets. Sterling Reef is known as one of Panama City Beach's premier Gulf-front resorts, offering exceptional amenities including: Seasonally heated 5,000 sq.ft. bi-level pool with waterfall Fitness center overlooking the beach Owner's club/activity room with flat-screen TV Sky BBQ Terrace and covered dining area Under-building parking—no walking across the street Two new elevators and building repainted in 2022 The location is unbeatable—next to Shipwreck Island Water Park, just 3.5 miles to Pier Park, and only 17 miles to Northwest Florida Beaches International Airport. Penthouse views, updated interior, turnkey condition, and top-tier resort amenities—this Sterling Reef condo offers the complete package. Don't miss your chance to own one of the best units in the building!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,465
Year Built
- Built in 2005
Lot Details
- Property fronts gulf or ocean
HOA Fees
- $11,724 Monthly HOA Fees
Parking
- 1 Car Garage
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Schools
- Hutchison Beach Elementary School
- Surfside Middle School
- Arnold High School
Community Details
- Association fees include pool(s)
- High-Rise Condominium
- Sterling Reef Subdivision
Map
About Sterling Reef Condominium
Home Values in the Area
Average Home Value in this Area
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 | $3,329 | $276,250 | $0 | $276,250 |
| 2019 | $3,005 | $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 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/22/2025 11/22/25 | For Sale | $449,900 | -4.3% | $418 / Sq Ft | |
| 06/21/2024 06/21/24 | Sold | $470,000 | -14.5% | $437 / Sq Ft | View Prior Sale |
| 06/13/2024 06/13/24 | Pending | -- | -- | -- | |
| 03/15/2024 03/15/24 | For Sale | $549,500 | 0.0% | $511 / Sq Ft | |
| 03/03/2024 03/03/24 | Off Market | $549,500 | -- | -- | |
| 10/24/2023 10/24/23 | For Sale | $549,500 | -- | $511 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $470,000 | Setco Services | |
| Warranty Deed | $274,000 | Diamond Title Agency Inc | |
| Warranty Deed | $358,000 | Emerald Coast Title Services | |
| Condominium Deed | $279,900 | Fatco |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $219,200 | Commercial | |
| Previous Owner | $286,400 | New Conventional | |
| Previous Owner | $223,920 | New Conventional | |
| Closed | $27,990 | No Value Available |
Source: Central Panhandle Association of REALTORS®
MLS Number: 781997
APN: 34809-610-125
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