$490,000
$80K PRICE DROP

Ocean Reef 14415 Front Beach Rd Unit 1904 Panama City Beach, FL 32413

Estimated payment $3,942/month

Total Views 3,423
2 Beds
2 Baths
1,146 Sq Ft
$428 Price per Sq Ft

Highlights

  • Beach
  • Property fronts gulf or ocean
  • Building Security
  • J.R. Arnold High School Rated A-
  • Heated Indoor Pool
  • Sauna

About This Home

Offered for sale is Ocean Reef 1904, a beautiful gulf-front condo featuring beach decor and spacious 10' ceilings and 8' interior doors. The property is being sold fully furnished and includes a convenient, assigned, parking space on the ground floor under the building and close to the elevators (no parking ramps to deal with or wasted time looking for parking). From the moment you walk in, you'll appreciate the beach via the gulf views, exquisite decor and paint colors, custom art, and open floor plan with high ceilings, and tall doors. The spacious and large gulf-front, balcony has room for everyone and is equipped with relaxing chaise loungers or enjoy sunset meals or drinks with friends. The kitchen features stainless appliances and breakfast bar with wainscoting bar facing. The living room includes comfortable furnishings, balcony access, and of course those magnificent views of the gulf. The master bedroom is also gulf-front with separate balcony access and adjoining master bath. The guest bedroom is spacious and provides plenty of room to relax and accommodate your guests or children. It also includes a private access to the guest bathroom. Ocean Reef features a gulf-front heated pool, gulf-front hot tub, and indoor heated pool, all easily accessible from the building or the beach. The property also includes steam room, sauna, fitness room, grill area, and pet area (owners are allowed to have pets). Conveniently situated, everyone loves the convenience of walking, just west of Ocean Reef, to the beach-front Runaway Island Restaurant for lunch, dinner, or drinks on the back patio during the sunset hour. The Pier Park shopping, restaurant, and entertainment district is to the west of Ocean Reef. Many other enjoyable businesses are within close proximity such as gift shops, sandwich bars, mini-golf, coffee and donut shop, etc. Put this property on your must see list, you'll be glad you did! All measurements and square footages are approximate and to be verified by buyer if important.

Last Listed By

John Smith

Distinctive Beach Real Estate License #3217643 Listed on: 05/01/2024

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,441

Year Built

  • Built in 2008

HOA Fees

  • $888 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Additional Parking
  • Assigned Parking

Home Design

  • Pillar, Post or Pier Foundation
  • Membrane Roofing
  • Stucco

Interior Spaces

  • 1,146 Sq Ft Home
  • Furnished
  • Paneling
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Closed Circuit Camera
  • Stacked Washer and Dryer

Kitchen

  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Pool

  • Heated Indoor Pool
  • Heated In Ground Pool
  • Gunite Pool

Schools

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

Utilities

  • Cooling Available
  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Balcony

Community Details

Overview

  • Association fees include management, clubhouse, internet, legal/accounting, ground maintenance, pest control, pool(s), sewer, trash, water
  • 162 Units
  • Burg Management Association
  • High-Rise Condominium
  • Ocean Reef Subdivision
  • 23-Story Property

Amenities

  • Community Barbecue Grill
  • Meeting Room
  • Elevator

Recreation

  • Beach
  • Park

Security

  • Building Security
  • Fire and Smoke Detector
  • Fire Sprinkler System
  • Fire Escape

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,441

Year Built

Built in 2008

Lot Details

0

HOA Fees

$888 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2008
  • Property Sub Type: Condominium
  • Subdivision Name: Ocean Reef
  • Architectural Style: High Rise
  • Entry Level: 19
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Appliances: Washer/Dryer Stacked, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator
  • Interior Amenities: Breakfast Bar, Paneling/Wainscoting
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 1146.0
  • Dining Room Type: Dining Room, Kitchen, Living Room
  • Stories: 23
  • ResoLivingAreaSource: Plans

Exterior Features

  • Pool Features: Gunite, Gas Heat, Indoor, In Ground, Pool, Community
  • View: Gulf
  • View: Yes
  • Waterfront Features: Gulf, Shoreline - Sand, Waterfront
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Exterior Features: Balcony
  • Foundation Details: Pillar/Post/Pier
  • Patio And Porch Features: Balcony
  • Roof: Membrane

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Additional Parking, Assigned
  • Garage: Yes

Utilities

  • Utilities: Other, See Remarks, Trash Collection, Water Connected
  • Security Features: Building Security, Closed Circuit Camera(s), Fire Escape, Fire Sprinkler System, Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Electric, Heat Pump
  • Heating: Electric, Heat Pump
  • Laundry Features: Stacked
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 2662.86
  • Community Features: Barbecue, Beach, Conference/Meeting Room, Elevator, Fitness Center, Other, Park, Sauna, See Remarks, Short Term Rental Allowed, Waterfront, Pool
  • Association Fee Frequency: Quarterly
  • Association Name: Burg Management
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Fee Information

  • Association Fee Includes: Association Management, Clubhouse, Internet, Legal/Accounting, Maintenance Grounds, Pest Control, Pool(s), Sewer, Trash, Water

Schools

  • Middle Or Junior School: Surfside

Lot Info

  • Lot Features: Waterfront
  • Zoning Description: Resid Multi-Family

Rental Info

  • Furnished: Furnished

Multi Family

  • Number Of Units In Community: 162

Tax Info

  • Tax Annual Amount: 5441.0
  • Tax Year: 2023

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 $5,441 $396,991 -- --
2023 $5,441 $360,901 $0 $488,750
2022 $4,372 $328,092 $0 $0
2021 $3,726 $298,265 $0 $0
2020 $3,338 $280,500 $0 $280,500
2019 $2,980 $246,500 $0 $246,500
2018 $2,845 $229,500 $0 $0
2017 $2,710 $238,000 $0 $0
2016 $2,773 $239,275 $0 $0
2015 $2,631 $219,938 $0 $0
2014 $2,458 $205,615 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2025 04/29/25 Price Changed $490,000 -5.8% $428 / Sq Ft
03/18/2025 03/18/25 Price Changed $520,000 -5.3% $454 / Sq Ft
12/25/2024 12/25/24 For Sale $549,000 0.0% $479 / Sq Ft
12/10/2024 12/10/24 Off Market $549,000 -- --
10/25/2024 10/25/24 Price Changed $549,000 -3.6% $479 / Sq Ft
05/01/2024 05/01/24 For Sale $569,500 -- $497 / Sq Ft
Source: Central Panhandle Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed $100 None Listed On Document
Warranty Deed $225,500 Diamond Title Agency Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $225,670 Purchase Money Mortgage
Source: Public Records

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Source: Central Panhandle Association of REALTORS®

MLS Number: 756433

Central Panhandle Association of REALTORS®

APN: 40001-250-120