$189,500
SOLD NOV 19, 2012

Sterling Reef Condominium 12011 Front Beach Rd Unit 404 Panama City Beach, FL 32407

2 Beds
2 Baths
1,076 Sq Ft
$449/mo HOA Fee

Recently Sold

$176 Per Sq Ft

1% Above List Price

49 Days on Market

Highlights

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

About This Home

As of May 2014

2 bedroom, 2 bath gulf front unit in popular Sterling Reef. Walk to Shipwreck Island - great beach location! This furnished unit has solid surface countertops, large balcony - master bedroom is gulf-side with a spectacular gulf view from both the master bedroom and the kitchen/living area. Great deal on this 2 bedroom unit! (all sizes approximate and taken from public records, buyer to verify any and all details buyer deems important).

Last Agent to Sell the Property

Jessica Albritton

Beachy Beach Real Estate License #0706690 Listed on: 09/24/2012

Beachy Beach Real Estate

Last Buyer's Agent

Gene Ursprung P.A.

Sterling Realty LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,220

Year Built

  • Built in 2005

Lot Details

  • Property fronts gulf or ocean
  • Property fronts a highway

HOA Fees

  • $449 Monthly HOA Fees

Parking

  • Covered Parking

Interior Spaces

  • 1,076 Sq Ft Home
  • 3-Story Property
  • Great Room

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • In Ground Pool
  • Balcony

Schools

  • Patronis Elementary School
  • Surfside Middle School
  • Arnold High School

Utilities

  • Central Heating and Cooling System

Community Details

Overview

  • High-Rise Condominium
  • Sterling Reef Subdivision

Amenities

  • Clubhouse

Recreation

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,220

Year Built

Built in 2005

Lot Details

0

HOA Fees

$449 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2005
  • Property Sub Type: Condominium
  • Road Frontage Type: Highway
  • 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: RealEstateOwned

Interior Features

  • Appliances: Dishwasher, Electric Range, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 1076.0
  • Dining Room Type: Bedroom, Great Room, Kitchen, Primary Bedroom
  • ResoLivingAreaSource: Appraiser

Exterior Features

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

Garage/Parking

  • Parking Features: Covered

Utilities

  • Utilities: Sewer Connected, Water Connected
  • Cooling: Central Air, Electric
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 449.0
  • Community Features: Clubhouse, Fitness Center, Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Schools

  • Middle Or Junior School: Surfside

Rental Info

  • Furnished: Partially

MLS Schools

  • Elementary School: Patronis
  • High School: Arnold

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 25, 2020
Sold by
Beasley Bill Brent
Bought by
Brown Emily A and Coppenger Jerin C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,000
Outstanding Balance
$193,266
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$274,824

Purchase Details

Closed on
Sep 14, 2018
Sold by
Simpson Michael W and Simpson Tina
Bought by
Beasley Bill Brent

Purchase Details

Listed on
Jan 16, 2014
Closed on
May 21, 2014
Sold by
Granigan Mark
Bought by
Simpson Michael and Simpson Tina
Seller's Agent
Gene C. Ursprung, P.A.
Beach Time Realty, Inc
Buyer's Agent
Ann Wohlford
Counts Real Estate Group Inc
List Price
$259,900
Sold Price
$235,000
Premium/Discount to List
-$24,900
-9.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.28%

Purchase Details

Listed on
Sep 24, 2012
Closed on
Nov 1, 2012
Sold by
Wells Fargo Bank National Association
Bought by
Granigan Mark
Seller's Agent
Jessica Albritton
Beachy Beach Real Estate
Buyer's Agent
Gene Ursprung P.A.
Sterling Realty LLC
List Price
$187,900
Sold Price
$189,500
Premium/Discount to List
$1,600
0.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.43%

Purchase Details

Closed on
May 25, 2012
Sold by
Werth Elmer D
Bought by
Wells Fargo Bank National

Purchase Details

Closed on
Mar 25, 2005
Sold by
Sterling Reef Development Group Llc
Bought by
Werth Elmer D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$476,000
Interest Rate
1.75%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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 $356,000 Mti Title Insurance Agcy Inc
Warranty Deed $305,000 Attorney
Warranty Deed $235,000 Attorney
Special Warranty Deed $189,500 Attorney
Trustee Deed $110,700 None Available
Condominium Deed $595,000 Fatco
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $267,000 New Conventional
Previous Owner $476,000 New Conventional
Closed $89,250 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2025 03/30/25 For Sale $459,900 +142.7% $427 / Sq Ft
07/05/2022 07/05/22 Off Market $189,500 -- --
06/20/2022 06/20/22 Off Market $235,000 -- --
05/21/2014 05/21/14 Sold $235,000 -9.6% $218 / Sq Ft
05/08/2014 05/08/14 Pending -- -- --
01/16/2014 01/16/14 For Sale $259,900 +37.2% $242 / Sq Ft
11/19/2012 11/19/12 Sold $189,500 +0.9% $176 / Sq Ft
11/12/2012 11/12/12 Pending -- -- --
09/24/2012 09/24/12 For Sale $187,900 -- $175 / Sq Ft
Source: Central Panhandle 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 $5,220 $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 $2,369 $204,000 $0 $0
2015 $2,392 $199,750 $0 $0
2014 $2,100 $168,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Gregory Ward

    Seller's Agent in 2025

    Gregory Ward

    Keller Williams Success Realty

    (770) 570-0350

    36 in this area

    76 Total Sales

    Gregory Ward
    Section Image
  • Gene C. Ursprung, P.A.

    Seller's Agent in 2014

    Gene C. Ursprung, P.A.

    Beach Time Realty, Inc

    (850) 890-1350

    131 in this area

    178 Total Sales

    Gene C. Ursprung, P.A.
    Section Image

  • A

    Buyer's Agent in 2014

    Ann Wohlford

    Counts Real Estate Group Inc

  • Jessica Albritton

    Seller's Agent in 2012

    Jessica Albritton

    Beachy Beach Real Estate

    (850) 258-4766

    2 in this area

    106 Total Sales

    Jessica Albritton
    Section Image

  • G

    Buyer's Agent in 2012

    Gene Ursprung P.A.

    Sterling Realty LLC

See All Agents

About Sterling Reef Condominium

Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 602645

Central Panhandle Association of REALTORS®

APN: 34809-610-025

Florida Bay County Panama City Beach 32407

12011 Front Beach Rd Unit 404, Panama City Beach, FL

This home is located at 12011 Front Beach Rd Unit 404, Panama City Beach, FL 32407 and is currently priced at $189,500, approximately $176 per square foot. This property was built in 2005. 12011 Front Beach Rd Unit 404 is a home located in Bay County with nearby schools including J.R. Arnold High School, Surfside Middle School, and Hutchison Beach Elementary 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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