$769,000

Sterling Reef Condominium 12011 Front Beach Rd Unit 501 Panama City Beach, FL 32407

Estimated payment $5,783/month

Total Views 869
3 Beds
2 Baths
1,588 Sq Ft
$484 Price per Sq Ft

Highlights

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

About This Home

Nicely appointed and decorated condo in the heart of PCB with sweeping Gulf views of the much desired 5th floor of Sterling Reef. This condo is spacious and airy with side windows that only an end unit can provide. Beautiful kitchen with island and adjoining plushly furnished living room with unobstructed views from the open space floor plan. You will not see another bathroom like this condo has anywhere on the beach. Oversized custom tile shower and custom bowl top vanities are simply stunning. The large 7X27 balcony deck overlooks the Gulf and has phenomenal views. Beachside master suite opens up to the balcony as well.
Beachfront pool and garage parking are sure to please. Close to restaurants, shopping, marinas and entertainment. Seasonal beach chairs included. This is a must see!

Listing Agent

Robert Shoemaker

Berkshire Hathaway HomeServices License #3174722

Berkshire Hathaway HomeServices

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,362

Year Built

  • Built in 2005

HOA Fees

  • $865 Monthly HOA Fees

Interior Spaces

  • 1,588 Sq Ft Home
  • Double Pane Windows
  • Window Treatments
  • Living Room
  • Tile Flooring

Kitchen

  • Breakfast Bar
  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Schools

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

Utilities

  • High Efficiency Air Conditioning
  • Cable TV Available

Additional Features

  • Balcony
  • Property fronts gulf or ocean

Listing and Financial Details

  • Assessor Parcel Number 34809-610-029

Community Details

Overview

  • Association fees include accounting, ground keeping, internet service, sewer, cable TV, trash
  • Sterling Reef Subdivision

Amenities

  • Community Barbecue Grill
  • Elevator

Recreation

  • Community Whirlpool Spa
  • Fishing

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,362

Year Built

Built in 2005

Lot Details

0

HOA Fees

$865 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: STERLING REEF
  • Directions: On Front Beach Road go approximately 3 miles east of Hwy 79 and Sterling Reef will be on the right.
  • Architectural Style: N/A
  • Carport Y N: No
  • New Construction: No
  • Year Built: 2005
  • Utilities Electric: Yes
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven Self Cleaning, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Breakfast Bar, Floor Tile, Kitchen Island, Window Treatment All
  • Window Features: Double Pane Windows
  • Appliances Dishwasher: Yes
  • Appliances:Oven Self Cleaning: Yes

Exterior Features

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

Garage/Parking

  • General Property Info:Garage2: No

Utilities

  • Utilities: Electric, Public Sewer, Public Water, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Dumpster, Elevators, Exercise Room, Fishing, Pool, Whirlpool
  • Association #2 Fee: 865.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Internet Service, Sewer, Cable TV, Trash

Schools

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

Lot Info

  • Parcel #: 34809-610-029
  • ResoLotSizeUnits: Acres

Map

Range of Values:

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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 $7,362 $603,730 -- --
2023 $7,362 $548,845 $0 $623,688
2022 $5,760 $498,950 $0 $498,950
2021 $4,512 $365,925 $0 $365,925
2020 $4,194 $348,500 $0 $348,500
2019 $4,010 $348,500 $0 $348,500
2018 $3,611 $293,250 $0 $0
2017 $3,498 $293,123 $0 $0
2016 $3,258 $266,475 $0 $0
2015 $2,894 $242,250 $0 $0
2014 $2,645 $221,425 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2025 04/10/25 Price Changed $769,000 -0.8% $484 / Sq Ft
03/10/2025 03/10/25 For Sale $775,000 +29.0% $488 / Sq Ft
10/04/2021 10/04/21 Sold $601,000 0.0% $378 / Sq Ft
08/21/2021 08/21/21 Pending -- -- --
08/11/2021 08/11/21 For Sale $601,000 -- $378 / Sq Ft
Source: Emerald Coast Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $601,000 Knight Barry Title Sln Inc
Warranty Deed $420,000 Mcneese Title Llc
Special Warranty Deed $400,000 Landsafe Title Of Fl Inc
Trustee Deed -- Attorney
Condominium Deed $729,900 Fatco
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $420,700 New Conventional
Previous Owner $80,000 Credit Line Revolving
Previous Owner $320,000 Purchase Money Mortgage
Previous Owner $583,920 New Conventional
Closed $72,900 No Value Available
Source: Public Records

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Source: Emerald Coast Association of REALTORS®

MLS Number: 970677

Emerald Coast Association of REALTORS®

APN: 34809-610-029