$499,000

Sterling Reef Condominium 12011 Front Beach Rd Unit 705 Panama City Beach, FL 32407

Estimated payment $4,130/month

Total Views 2,346
2 Beds
2 Baths
1,076 Sq Ft
$464 Price per Sq Ft

Highlights

  • Beach
  • Property fronts gulf or ocean
  • In Ground Pool
  • J.R. Arnold High School Rated A-
  • Deeded access to the beach
  • 3-minute walk to County Pier

About This Home

Wake up to incredible views every day from your GULF FRONT MASTER BEDROOM! This 7th-floor condo is perfect for your beach getaway or rental investment, offering a coastal-inspired decor and an open, airy feel. The kitchen boasts updated white cabinets, granite countertops, and is complemented by spectacular views that stretch across the entire living space. Step out onto your private balcony and take in panoramic vistas of the Emerald Coast's sugar-white sands and sparkling emerald waters. The location couldn't be better--right in the heart of Panama City Beach, Sterling Reef is just steps away from Shipwreck Island Water Park and a short stroll to the fishing pier. Resort-style amenities include pool (heated seasonally), beachfront fitness center, grilling area, an Owner's Room with a flatscreen TV, and covered parking conveniently located right under the building. Whether you're looking for your perfect beachfront property or a prime rental investment, this condo is it! Don't miss out--call today to make this dream property yours!

Listing Agent

Michele Morros

Keller Williams Success Realty License #3085018 Listed on: 03/24/2025

Keller Williams Success Realty

Co-Listing Agent

Ann Wohlford

Keller Williams Success Realty License #3196138

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,465

Year Built

  • Built in 2005

HOA Fees

  • $977 Monthly HOA Fees

Parking

  • Attached Garage

Interior Spaces

  • 1,076 Sq Ft Home
  • Furnished
  • Living Room

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Outdoor Features

  • In Ground Pool
  • Deeded access to the beach
  • Balcony

Schools

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

Additional Features

  • Property fronts gulf or ocean
  • Electric Water Heater

Community Details

Overview

  • Association fees include clubhouse, pool(s), water
  • High-Rise Condominium
  • Sterling Reef Subdivision

Amenities

  • Community Barbecue Grill
  • Clubhouse
  • Elevator

Recreation

  • Beach

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,465

Year Built

Built in 2005

Lot Details

0

HOA Fees

$977 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2005
  • Property Sub Type: Condominium
  • Co List Office Mls Id: BKWS
  • Co List Office Phone: (850) 249-0313
  • Subdivision Name: Sterling Reef
  • Architectural Style: High Rise
  • Entry Level: 11
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric Oven, Electric Water Heater, Disposal, Microwave
  • Interior Amenities: Breakfast Bar, Kitchen Island, Split Bedrooms
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 1076.0
  • Dining Room Type: Bedroom, Living Room, Primary Bedroom
  • ResoLivingAreaSource: Appraiser

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: Cable Connected, Trash Collection

Condo/Co-op/Association

  • Association Fee: 977.0
  • Community Features: Barbecue, Beach, Clubhouse, Elevator, Fitness Center, Pool, Short Term Rental Allowed, Waterfront
  • Amenities: Beach Rights
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Clubhouse, Pool(s), Water

Schools

  • Middle Or Junior School: Surfside

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Annual Amount: 5465.0
  • Tax Year: 2024

MLS Schools

  • Elementary School: Hutchison Beach
  • High School: Arnold

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 $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 $3,308 $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 $2,357 $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 Change Sq Ft Price
03/24/2025 03/24/25 For Sale $499,000 +42.6% $464 / Sq Ft
06/20/2022 06/20/22 Off Market $350,000 -- --
02/18/2020 02/18/20 Sold $350,000 -2.8% $325 / Sq Ft
01/31/2020 01/31/20 Pending -- -- --
11/20/2019 11/20/19 For Sale $359,900 -- $334 / Sq Ft
Source: Central Panhandle Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $350,000 None Available
Condominium Deed $269,900 Fatco
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $100,000 Purchase Money Mortgage
Source: Public Records

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Source: Central Panhandle Association of REALTORS®

MLS Number: 770972

Central Panhandle Association of REALTORS®

APN: 34809-610-047