NOT LISTED FOR SALE

Sterling Reef Condominium 12011 Front Beach Rd Unit 901 Panama City Beach, FL 32407

Estimated Value: $660,000 - $774,000

3 Beds
2 Baths
1,588 Sq Ft
$864/mo HOA Fee

Last Sold May 29, 2024

Last sale price $755,000 $475 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $5,138/month

59 Days on Market

Highlights

  • Property fronts gulf or ocean
  • Furnished
  • Living Room
  • J.R. Arnold High School Rated A-
  • Balcony
  • Security Service

About This Home

As of May 2024

Jaw Dropping Million Dollar views of the crystal blue gulf for less than $780k! from this gorgeous corner unit with floor to ceiling gorgeous coastal views. All bedrooms enjoy ocean views! Huge balcony, primary bedroom suite a luxurious bath and shower and large closet. Incredible sunset views, A fabulously updated kitchen with U-shaped island/breakfast bar, granite countertops, additional kitchen cabinets and oversized pantry provides tons of storage, New stainless LG refrigerator & more! -New Lifeproof Driftwood Beach waterproof luxury vinyl plank flooring. Brand New A/C, freshly painted pristine dream beach home! Under bldg parking + new elevators make this condo a treasure! Compare prices per square foot and save big money!

Last Agent to Sell the Property

Steven Koleno

Beycome of Florida LLC Listed on: 03/14/2024

Last Buyer's Agent

BLUE WAVE Laborde

Coldwell Banker Realty License #3345751

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,764

Year Built

  • Built in 2005

Lot Details

  • Property fronts gulf or ocean
  • Landscaped
  • Sprinkler System

HOA Fees

  • $864 Monthly HOA Fees

Home Design

  • Frame Construction
  • Membrane Roofing
  • Metal Siding
  • Stucco

Interior Spaces

  • 1,588 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Washer

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Home Security

Schools

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

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Phone Available

Additional Features

  • Customized Wheelchair Accessible
  • Balcony

Community Details

Overview

  • Association fees include management, cable TV, fishing rights, insurance, laundry, maintenance structure, pest control, phone, pool(s), recreation facilities, sewer, security, trash, water
  • High-Rise Condominium
  • Sterling Reef Subdivision

Security

  • Security Service
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,764

Year Built

Built in 2005

Lot Details

0

HOA Fees

$864 per month

Listing Details

  • Property Type: Residential
  • Accessibility Features: Customized Wheelchair Accessible
  • Year Built: 2005
  • Property Sub Type: Condominium
  • Lot Size: 305x500x25x405
  • Subdivision Name: Sterling Reef
  • Architectural Style: High Rise
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Washer
  • Interior Amenities: Elevator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1588.0
  • Dining Room Type: Bedroom, Dining Room, Kitchen, Living Room, Primary Bedroom
  • ResoLivingAreaSource: Owner

Exterior Features

  • View: Gulf
  • View: Yes
  • Waterfront Features: Gulf, Shoreline - Sand
  • Waterfront: Yes
  • Construction Type: Block, Frame, Metal Siding, Stucco
  • Exterior Features: Balcony, Sprinkler/Irrigation
  • Patio And Porch Features: Balcony
  • Roof: Membrane

Garage/Parking

  • Garage: No

Utilities

  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Underground Utilities, Water Connected, Phone Available
  • Security Features: Smoke Detector(s), Security Service
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Central, Electric
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 864.0
  • Community Features: Fitness Center, Other, See Remarks, Short Term Rental Allowed, Sidewalks
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Association Management, Cable TV, Fishing Rights, Insurance, Laundry, Maintenance Structure, Pest Control, Phone, Pool(s), Recreation Facilities, Sewer, Security, Trash, Water

Schools

  • Middle Or Junior School: Surfside

Lot Info

  • Lot Features: Landscaped

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Annual Amount: 6764.0
  • Tax Year: 2023

MLS Schools

  • Elementary School: Hutchison Beach
  • High School: Arnold

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2024
Closed on
May 28, 2024
Sold by
M & S Panhandle Llc
Bought by
Blue Wave Abodes Llc
Seller's Agent
Steven Koleno
Beycome of Florida LLC
Buyer's Agent
BLUE WAVE Laborde
Coldwell Banker Realty
List Price
$797,900
Sold Price
$755,000
Premium/Discount to List
-$42,900
-5.38%
Views
42
Current Estimated Value
$701,819

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$53,181
Avg. Annual Appreciation
-5.08%
Original Mortgage
$622,875
Outstanding Balance
$526,953
Interest Rate
7.17%
Mortgage Type
Seller Take Back
Estimated Equity
$174,866

Purchase Details

Closed on
Nov 4, 2016
Sold by
M And S Panhandle Llc
Bought by
M And S Panhandle Llc

Purchase Details

Closed on
Nov 1, 2016
Bought by
M & S Panhandle Llc

Purchase Details

Closed on
Sep 28, 2016
Sold by
Miller David D and Miller Kathy A
Bought by
M&S Panhandle Llc

Purchase Details

Closed on
Jul 20, 2015
Sold by
Robinson Tony and Smith John B
Bought by
Miller David D and Miller Kathy A

Purchase Details

Closed on
Mar 29, 2005
Sold by
Sterling Reef Development Group Llc
Bought by
Robison Tony and Smith John B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$507,000
Interest Rate
5.74%
Mortgage Type
Purchase Money Mortgage
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
Blue Wave Abodes Llc $755,000 Florida Open Title
M And S Panhandle Llc -- None Available
M & S Panhandle Llc $100 --
M&S Panhandle Llc $375,000 Diamond Title Agency Inc
Miller David D $375,000 Diamond Title Agency Inc
Robison Tony $635,000 Fatco
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blue Wave Abodes Llc $622,875
Previous Owner Robison Tony $507,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/29/2024 05/29/24 Sold $755,000 -3.2% $475 / Sq Ft
05/13/2024 05/13/24 Pending -- -- --
04/08/2024 04/08/24 Price Changed $779,900 -2.3% $491 / Sq Ft
03/14/2024 03/14/24 For Sale $797,900 -- $502 / 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 $6,764 $487,047 -- --
2023 $6,764 $442,770 $0 $623,688
2022 $5,308 $402,518 $0 $0
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 $3,629 $319,815 $0 $0
2016 $2,980 $293,208 $0 $0
2015 $2,894 $242,250 $0 $0
2014 $2,645 $221,425 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Steven Koleno

    Seller's Agent in 2024

    Steven Koleno

    Beycome of Florida LLC

    (312) 300-6768

    20 in this area

    11,665 Total Sales

    Steven Koleno
    Section Image
  • BLUE WAVE Laborde

    Buyer's Agent in 2024

    BLUE WAVE Laborde

    Coldwell Banker Realty

    (850) 353-1843

    21 in this area

    438 Total Sales

    BLUE WAVE Laborde
    Section Image

  • T

    Buyer's Agent in 2024

    Tammy Philpot

    Coldwell Banker Realty

See All Agents

About Sterling Reef Condominium

Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 754264

Central Panhandle Association of REALTORS®

APN: 34809-610-057

Florida Bay County Panama City Beach 32407

12011 Front Beach Rd Unit 901, Panama City Beach, FL

This home is located at 12011 Front Beach Rd Unit 901, Panama City Beach, FL 32407 since 14 March 2024 and is currently estimated at $701,819, approximately $441 per square foot. This property was built in 2005. 12011 Front Beach Rd Unit 901 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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