$449,000
$50K PRICE DROP

Sterling Reef Condominium 12011 Front Beach Rd Unit 403 Panama City Beach, FL 32407

Estimated payment $2,821/month

Total Views 2,998
2 Beds
2 Baths
1,076 Sq Ft
$417 Price per Sq Ft

Highlights

  • Property fronts gulf or ocean
  • In Ground Pool
  • Balcony
  • J.R. Arnold High School Rated A-
  • High Ceiling
  • Attached Garage

About This Home

Gorgeous Gulf views will always be a hit - why don't enjoy the view? Sterling Reef 403B is a 2 bedroom, 2 bathroom 1076 Square Foot unit. Located directly next to the county pier and countless entertainment options. Location is key, and Sterling Reef puts you right where you want to be—steps from the iconic fishing pier and just minutes from Pier Park's shopping, dining, and entertainment. With a strong rental history and proven income, this turnkey property is ready to be your next great investment or personal coastal escape!

Listing Agent

The Warren Group

Christies International Real Estate Emerald Coast Listed on: 02/25/2025

Christies International Real Estate Emerald Coast

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,465

Year Built

  • Built in 2005

Lot Details

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

Parking

  • Attached Garage

Interior Spaces

  • High Ceiling
  • Ceiling Fan
  • Living Room
  • Tile Flooring

Kitchen

  • Breakfast Bar
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 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 Heating and Cooling System
  • High Speed Internet

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include internet, pool(s)
  • High-Rise Condominium
  • Sterling Reef Subdivision

Recreation

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,465

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 2005
  • Property Sub Type: Condominium
  • Lot Size: X
  • Road Frontage Type: County Road
  • Subdivision Name: Sterling Reef
  • Architectural Style: High Rise
  • New Construction: No
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Appliances: Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer
  • Interior Amenities: Breakfast Bar, High Ceilings, Kitchen Island, Pantry
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Dining Room Type: Kitchen, Living Room

Exterior Features

  • Pool Features: In Ground, Community
  • View: Gulf
  • View: Yes
  • Waterfront Features: Gulf
  • Waterfront: Yes
  • Exterior Features: Balcony
  • Patio And Porch Features: Balcony

Garage/Parking

  • Parking Features: Attached, Garage
  • Garage: No
  • Attached Garage: Yes

Utilities

  • Utilities: Electricity Available, High Speed Internet Available
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Central
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Pool, Short Term Rental Allowed
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Internet, Pool(s)

Schools

  • Middle Or Junior School: Surfside

Lot Info

  • Mobile Dim Units: Feet

Multi Family

  • Number Of Units Furnished: All Units

Tax Info

  • Tax Annual Amount: 5465.0
  • Tax Year: 2024

MLS Schools

  • Elementary School: Hutchison Beach
  • High School: Arnold

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

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 $3,340 $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

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/29/2025 10/29/25 Price Changed $449,000 -3.4% $417 / Sq Ft
09/30/2025 09/30/25 Price Changed $465,000 -2.9% $432 / Sq Ft
08/11/2025 08/11/25 Price Changed $479,000 -2.0% $445 / Sq Ft
05/25/2025 05/25/25 Price Changed $489,000 -2.0% $454 / Sq Ft
02/25/2025 02/25/25 For Sale $499,000 +49.0% $464 / Sq Ft
02/08/2019 02/08/19 Sold $335,000 0.0% $311 / Sq Ft View Prior Sale
01/21/2019 01/21/19 For Sale $335,000 -- $311 / Sq Ft
01/18/2019 01/18/19 Pending -- -- --
Source: Central Panhandle Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $335,000 Attorney
Condominium Deed $420,000 --
Source: Public Records

Source: Central Panhandle Association of REALTORS®

MLS Number: 769302

Central Panhandle Association of REALTORS®

APN: 34809-610-024

Florida Bay County Panama City Beach 32407

12011 Front Beach Rd Unit 403, Panama City Beach, FL

For Sale

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.

Nearby Homes
Listing Agent
The Warren Group
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Christies International Real Estate Emerald Coast
(850) 235-6178