NOT LISTED FOR SALE

Sterling Reef Condominium 12011 Front Beach Rd Unit 902 Panama City Beach, FL 32407

Estimated Value: $470,893 - $518,000

2 Beds
2 Baths
1,076 Sq Ft
$410/mo HOA Fee

Last Sold August 31, 2015

Last sale price $238,000 $221 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $3,463/month

119 Days on Market

Highlights

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

About This Home

As of August 2015

Your master bedroom opens directly onto your private, full length balcony overlooking the Gulf of Mexico. Go to sleep and awaken to gentle sea breezes. This exquisite two bedroom gulf front condo includes granite counter tops, wood cabinetry, tiled kitchen and bathrooms, modern matching GE appliances, and other upgrades too numerous to mention. Amenities include a private pool, a covered parking deck, a fitness center, and so much more. Own your piece of paradise located on the top-rated beach in the United States. This gem will move quickly, so do not delay.

Last Agent to Sell the Property

Lauren Staggs

Christies International Real Estate Emerald Coast License #3227984 Listed on: 04/09/2015

Christies International Real Estate Emerald Coast

Last Buyer's Agent

Scott Seidler - TheConnectionTeam

Keller Williams Success Realty License #3077894

Keller Williams Success Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,158

Year Built

  • Built in 2005

Lot Details

  • Property fronts gulf or ocean

HOA Fees

  • $410 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Concrete Siding

Interior Spaces

  • 1,076 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Entrance Foyer
  • Dining Room

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Balcony
  • Built-In Barbecue

Schools

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

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 34809-610-058

Community Details

Overview

  • Association fees include ground keeping, legal, security, sewer, supplies, water, cable TV, trash
  • Sterling Reef Subdivision

Amenities

  • Community Barbecue Grill
  • Recreation Room
  • Elevator

Recreation

  • Beach
  • Fishing

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,158

Year Built

Built in 2005

Lot Details

0

HOA Fees

$410 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: STERLING REEF
  • Directions: From Back Beach Road you would go approximately 3 miles east of Hwy 79, turn right at light (Alf Coleman), go to Front Beach Road, Sterling Reef is on the beach side.
  • Architectural Style: N/A
  • New Construction: No
  • Building Stories: 1
  • Year Built: 2005
  • Utilities Electric: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Waterview:Gulf2: Yes
  • Rooms:Dining Room: Yes
  • Waterfront:Gulf: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Rooms:Foyer: Yes
  • Waterfront:Unit Waterfront: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Smoke Detector, Stove/Oven Electric, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Floor Tile, Floor WW Carpet New, Furnished - All, Split Bedroom
  • Appliances:StoveOven Electric: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Smoke Detector: Yes
  • Interior:Floor Tile: Yes
  • Interior:Split Bedroom: Yes
  • Interior:Furnished - All: Yes
  • Interior:Floor WW Carpet New: Yes

Exterior Features

  • View: Gulf
  • Waterfront Features: Unit Waterfront, Gulf
  • Waterfront: Yes
  • Construction Type: Concrete
  • Exterior Features: Balcony, BBQ Pit/Grill, Hot Tub, Pool - In-Ground
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Concrete: Yes
  • Exterior:Balcony: Yes
  • Exterior:Hot Tub: Yes
  • Exterior:Pool - In-Ground: Yes
  • Exterior:BBQ PitGrill: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Garage, Covered
  • Parking Features:Garage3: Yes
  • Parking Features:Covered: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electric

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Beach, Community Room, Dumpster, Elevators, Exercise Room, Fishing, Pool, TV Cable
  • Association #2 Fee: 410.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Ground Keeping, Legal, Security, Sewer, Supplies, Water, Cable TV, Trash

Schools

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

Lot Info

  • Parcel #: 34809-610-058
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2157.99
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 11, 2020
Sold by
Mcclanahan Tammy Lynn
Bought by
Mcclanahan Tammy Lynn and Mcclanahan Russell True
Current Estimated Value
$495,723

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Outstanding Balance
$280,563
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$215,160

Purchase Details

Closed on
Jul 13, 2020
Sold by
Magnolia Florida Rentals Llc
Bought by
Mcclanahan Tammy Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Outstanding Balance
$280,563
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$215,160

Purchase Details

Listed on
Apr 9, 2015
Closed on
Aug 28, 2015
Sold by
Cung Dexter Todd
Bought by
Magnolia Florida Rentals Llc
Seller's Agent
Lauren Staggs
Christies International Real Estate Emerald Coast
Buyer's Agent
Scott Seidler - TheConnectionTeam
Keller Williams Success Realty
List Price
$238,000
Sold Price
$238,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.57%
Original Mortgage
$190,400
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Apr 30, 2013
Closed on
Jul 11, 2013
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Cung Dexter Todd
Seller's Agent
Micha Knowles
ERA American Real Estate
Buyer's Agent
Nathan Trent
Coldwell Banker Carroll Realty
List Price
$249,900
Sold Price
$207,000
Premium/Discount to List
-$42,900
-17.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.74%

Purchase Details

Closed on
Feb 22, 2013
Sold by
Wells Fargo Bank Na
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Feb 15, 2013
Sold by
Nobes Charles W and Nobes Jennifer G
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Jul 20, 2007
Sold by
Fink Nan and Offutt Jeffrey
Bought by
Nobes Charles W and Nobes Jennifer G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$301,500
Interest Rate
6.52%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 20, 2005
Sold by
Sterling Reef Development Group Llc
Bought by
Fink Nan and Offutt Jeffrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,900
Interest Rate
5.5%
Mortgage Type
Fannie Mae Freddie Mac
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 Buyer Sale Price Title Company
Mcclanahan Tammy Lynn -- None Available
Mcclanahan Tammy Lynn $350,000 South Oak Ttl Panama City Be
Magnolia Florida Rentals Llc $238,000 Attorney
Cung Dexter Todd $207,000 Attorney
Federal Home Loan Mortgage Corporation -- Attorney
Wells Fargo Bank Na $160,400 None Available
Nobes Charles W $335,000 Mcneese Title Llc
Fink Nan $579,900 Fatco
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcclanahan Tammy Lynn $315,000
Previous Owner Magnolia Florida Rentals Llc $190,400
Previous Owner Nobes Charles W $301,500
Previous Owner Fink Nan $405,900
Closed Fink Nan $115,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2023 04/30/23 Off Market $238,000 -- --
06/20/2022 06/20/22 Off Market $207,000 -- --
08/31/2015 08/31/15 Sold $238,000 0.0% $221 / Sq Ft
08/06/2015 08/06/15 Pending -- -- --
04/09/2015 04/09/15 For Sale $238,000 +15.0% $221 / Sq Ft
07/11/2013 07/11/13 Sold $207,000 -17.2% $192 / Sq Ft
06/13/2013 06/13/13 Pending -- -- --
04/30/2013 04/30/13 For Sale $249,900 -- $232 / Sq Ft
Source: Emerald Coast 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 $3,308 $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 $2,369 $204,000 $0 $0
2015 $2,385 $198,220 $0 $0
2014 $2,158 $180,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lauren Staggs

    Seller's Agent in 2015

    Lauren Staggs

    Christies International Real Estate Emerald Coast

    (850) 699-8358

    75 in this area

    115 Total Sales

    Lauren Staggs
    Section Image

  • M

    Seller's Agent in 2013

    Micha Knowles

    ERA American Real Estate

  • N

    Buyer's Agent in 2013

    Nathan Trent

    Coldwell Banker Carroll Realty

  • B

    Buyer Co-Listing Agent in 2013

    Barry Zweig

    Carroll Realty Prop Mgt Inc

See All Agents

About Sterling Reef Condominium

Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 727049

Emerald Coast Association of REALTORS®

APN: 34809-610-058

Florida Bay County Panama City Beach 32407

12011 Front Beach Rd Unit 902, Panama City Beach, FL

This home is located at 12011 Front Beach Rd Unit 902, Panama City Beach, FL 32407 since 09 April 2015 and is currently estimated at $495,723, approximately $460 per square foot. This property was built in 2005. 12011 Front Beach Rd Unit 902 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.

Emerald Coast Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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