NOT LISTED FOR SALE

Sterling Reef Condominium 12011 Front Beach Rd Unit 304 Panama City Beach, FL 32407

Estimated Value: $471,666 - $513,000

2 Beds
2 Baths
1,076 Sq Ft
$785/mo HOA Fee

Last Sold August 01, 2024

Last sale price $482,000 $448 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,935/month

338 Days on Market

Highlights

  • Beach
  • Property fronts gulf or ocean
  • Main Floor Primary Bedroom
  • J.R. Arnold High School Rated A-
  • Newly Painted Property
  • 3-minute walk to County Pier

About This Home

As of August 2024

Don't miss your chance to purchase this adorable unique condo where no detail has been missed, from the custom-made furnishings to the one-of-a-kind artwork on the walls this condo has it all. There is beautiful wood look tile throughout, fresh bright paint on the walls and of course the beautiful gulf view. This 2/2 condo features a gulf front master that walks out to the oversized balcony. The master bath has a walk-in tiled shower w/bench. The second bedroom has a queen bed along with a twin. The kitchen is fully stocked, and rental ready, earning 50K. Throw in the fantastic location, 2 pools (1 seasonally heated), BBQ area and all the sunsets you can view and you 've found the the perfect spot!

New air handler 2021, Building painted 2022, and 2 new elevators

Last Agent to Sell the Property

Amanda Rudy

Dalton Wade Inc License #3392776 Listed on: 03/29/2024

Dalton Wade Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,553

Year Built

  • Built in 2005

Lot Details

  • 131

HOA Fees

  • $785 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Newly Painted Property
  • Concrete Siding

Interior Spaces

  • 1,076 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Living Room
  • Tile Flooring

Kitchen

  • Electric Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Laundry

  • Dryer
  • Washer

Schools

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

Utilities

  • Central Air
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Balcony
  • Property fronts gulf or ocean

Listing and Financial Details

  • Assessor Parcel Number 34809-610-018

Community Details

Overview

  • Association fees include accounting, insurance, internet service, sewer, water, cable TV, trash
  • 126 Buildings
  • 126 Units
  • Sterling Reef Subdivision

Amenities

  • Community Barbecue Grill
  • Elevator

Recreation

  • Beach

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,553

Year Built

Built in 2005

Lot Details

0

HOA Fees

$785 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: STERLING REEF
  • Directions: Intersection at Alf Coleman and Front Beach Road on the south side.
  • Architectural Style: N/A
  • Carport Y N: No
  • New Construction: No
  • Year Built: 2005
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Water Heater - Elect: Yes
  • Rooms:Living Room: Yes
  • Waterview:Gulf2: Yes
  • Waterfront:Gulf: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Energy:Ceiling Fans: Yes
  • Special Features: None

Interior Features

  • Number Of Buildings: 126
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Refrigerator W/IceMk, Stove/Oven Electric, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Floor Tile, Furnished - All, Kitchen Island, Newly Painted, Owner's Closet, Washer/Dryer Hookup, Window Treatment All
  • Interior:WasherDryer Hookup: Yes
  • Appliances:StoveOven Electric: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Furnished - All: Yes
  • Interior:Window Treatment All: Yes
  • Interior:Kitchen Island: Yes
  • Interior:Newly Painted: Yes

Exterior Features

  • Pool Features: Pool Type
  • View: Gulf
  • Waterfront Features: Gulf
  • Waterfront: Yes
  • Construction Type: Concrete
  • Exterior Features: Balcony
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Concrete: Yes
  • Exterior:Balcony: Yes

Garage/Parking

  • Attached Garage: Yes
  • General Property Info:Garage2: Yes
  • Parking Features:Garage Attached: Yes

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Utilities: Electric, Public Sewer, Public Water, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Beach, Dumpster, Elevators, Exercise Room, Pool, TV Cable, Waterfront
  • Association #2 Fee: 785.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

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

Schools

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

Lot Info

  • Parcel #: 34809-610-018
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 126

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 26, 2024
Sold by
Chaudhary Sandeep and Chaudhary Sumijeet
Bought by
Ginny Housing Llc
Current Estimated Value
$494,167

Purchase Details

Listed on
Mar 29, 2024
Closed on
Aug 1, 2024
Sold by
Midwest Capital Investments Llc
Bought by
Chaudhary Sandeep and Chaudhary Sumijeet
Seller's Agent
Amanda Rudy
Dalton Wade Inc
List Price
$535,000
Sold Price
$482,000
Premium/Discount to List
-$53,000
-9.91%
Views
36

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.36%

Purchase Details

Listed on
Jun 12, 2021
Closed on
Aug 23, 2021
Sold by
Stewart Mike
Bought by
Midwest Capital Investments Llc
Seller's Agent
Kelly Zarda
Emerald Coast Real Estate & Vacations LLC
Buyer's Agent
Non Member
NON-MEMBER OFFICE
List Price
$445,000
Sold Price
$445,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.62%

Purchase Details

Listed on
Aug 18, 2015
Closed on
Oct 21, 2015
Sold by
Slone Howard A and Slone Jill
Bought by
Slone Jill and Howard Robbye J
Seller's Agent
Janette Klein
ResortQuest Real Estate
Buyer's Agent
Vivian Foate
St Andrews Bay Realty LLC
List Price
$249,900
Sold Price
$240,000
Premium/Discount to List
-$9,900
-3.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.44%

Purchase Details

Closed on
Mar 17, 2005
Sold by
Sterling Reef Development Group Llc
Bought by
Slone Howard A and Slone Jill
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 Buyer Sale Price Title Company
Ginny Housing Llc $100 None Listed On Document
Ginny Housing Llc $100 None Listed On Document
Chaudhary Sandeep $482,000 Mti Title
Midwest Capital Investments Llc -- Accommodation
Slone Jill $240,000 Attorney
Slone Howard A $550,000 Fatco
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2024 08/01/24 Sold $482,000 -7.3% $448 / Sq Ft
07/21/2024 07/21/24 Pending -- -- --
05/13/2024 05/13/24 Price Changed $519,999 -1.9% $483 / Sq Ft
05/06/2024 05/06/24 Price Changed $529,999 -0.9% $493 / Sq Ft
03/29/2024 03/29/24 For Sale $535,000 0.0% $497 / Sq Ft
03/03/2024 03/03/24 Pending -- -- --
02/29/2024 02/29/24 Price Changed $535,000 -1.1% $497 / Sq Ft
11/06/2023 11/06/23 Price Changed $541,000 -0.7% $503 / Sq Ft
09/20/2023 09/20/23 Price Changed $544,999 -1.8% $507 / Sq Ft
08/18/2023 08/18/23 For Sale $554,999 +131.2% $516 / Sq Ft
06/20/2022 06/20/22 Off Market $240,000 -- --
06/20/2022 06/20/22 Off Market $445,000 -- --
06/30/2021 06/30/21 Sold $445,000 0.0% $414 / Sq Ft
06/12/2021 06/12/21 Pending -- -- --
06/12/2021 06/12/21 For Sale $445,000 +85.4% $414 / Sq Ft
10/21/2015 10/21/15 Sold $240,000 -4.0% $223 / Sq Ft
09/05/2015 09/05/15 Pending -- -- --
08/18/2015 08/18/15 For Sale $249,900 -- $232 / 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 $5,553 $455,112 -- --
2023 $5,553 $413,738 $0 $461,975
2022 $4,412 $376,125 $0 $376,125
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 $2,311 $183,279 $0 $0
2014 $2,091 $166,617 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 930251

Emerald Coast Association of REALTORS®

APN: 34809-610-018