$258,000
SOLD FEB 12, 2014

Ocean Reef 14415 Front Beach Rd Unit 2007 Panama City Beach, FL 32413

2 Beds
2 Baths
1,146 Sq Ft
$356/mo HOA Fee

Recently Sold

$225 Per Sq Ft

Highlights

  • Beach
  • Property fronts gulf or ocean
  • Fishing
  • J.R. Arnold High School Rated A-
  • Deeded access to the beach
  • Sauna

About This Home

As of February 2022

Rare Find Penthouse unit with 10 foot ceilings and 8 foot doors fully furnished. Ocean Reef is one of Panama City's newest gulf-front condo developments located at the west end of the beach just 1.5 miles east of Pier Park. Spacious 2 bedroom, 2 bath units offer a 10' deep x 28' wide balcony, knock down textured ceilings, crown molding in foyer, living room and kitchen, all appliances (including washer and dryer), granite kitchen countertops, ceramic tile floors in hallway, kitchen and baths, spacious laundry room and COVERED BEACHSIDE, ASSIGNED PARKING. The master suite and living room face the beach and have access to the expansive balcony. Amenities include a large gulfside pool, seasonally heated indoor pool, hot tub, steam room and sauna, fitness room, lush landscaping, covered parking beneath the building, meeting room, and over 330' of beachfront.

Last Agent to Sell the Property

John Skinner

Distinctive Beach Real Estate Listed on: 12/06/2013

Co-Listed By

John Smith

Distinctive Beach Real Estate License #3217643

Last Buyer's Agent

John Tait

ResortQuest Real Estate Destin

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,162

Year Built

  • Built in 2008

Lot Details

HOA Fees

  • $356 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Concrete Siding
  • Piling Construction
  • Stucco

Interior Spaces

  • 1,146 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Woodwork
  • Crown Molding
  • Vaulted Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Living Room
  • Sauna

Kitchen

  • Breakfast Bar
  • Electric Oven or Range
  • Self-Cleaning Oven
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Painted or Stained Flooring
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Cultured Marble Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Outdoor Shower
  • Deeded access to the beach
  • Balcony
  • Open Patio

Schools

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

Utilities

  • Central Heating and Cooling System
  • Water Tap Fee Is Paid
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Minimum Rental Period
  • Assessor Parcel Number 40001-250-132

Community Details

Overview

  • Association fees include accounting, advertising, ground keeping, insurance, legal, licenses/permits, management, utilities, recreational faclty, security, sewer, water, cable TV, trash
  • Ocean Reef Subdivision

Amenities

  • Recreation Room
  • Elevator

Recreation

  • Beach
  • Fishing

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,162

Year Built

Built in 2008

Lot Details

0

HOA Fees

$356 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Co List Office Mls Id: EDIS
  • Co List Office Phone: 850-830-9096
  • Subdivision Name: OCEAN REEF
  • Directions: Highway 98 to Front Beach Road ( 1.5 miles) East of Highway 79 on Gulf
  • New Construction: No
  • Building Stories: 1
  • Year Built: 2008
  • Utilities Electric: Yes
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven Self Cleaning, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Electric, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Breakfast Bar, Ceiling Crwn Molding, Ceiling Raised, Elevator, Floor Tile, Floor WW Carpet New, Furnished - All, Lighting Recessed, Owner's Closet, Split Bedroom, Window Treatmnt None, Woodwork Painted
  • Stories: 23
  • Window Features: Double Pane Windows
  • Appliances:StoveOven Electric: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Smoke Detector: Yes
  • Appliances:Oven Self Cleaning: Yes
  • Appliances:Refrigerator WIceMk: Yes

Exterior Features

  • View: Gulf
  • Waterfront Features: Gulf
  • Waterfront: Yes
  • Construction Type: Concrete, Foundation On Piling, Stucco
  • Exterior Features: Balcony, Patio Open, Sauna/Steam, Shower
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Concrete: Yes
  • ConstructionSiding:Stucco: Yes
  • ConstructionSiding:Foundation On Piling: Yes

Garage/Parking

  • Garage Spaces: 1.0

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electric, Public Sewer, Public Water, Tap Fee Paid, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: Beach, Community Room, Deed Access, Dumpster, Elevators, Exercise Room, Fishing, Minimum Rental Prd, Pool, Sauna/Steam Room, TV Cable, Waterfront
  • Association #2 Fee: 356.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Advertising, Ground Keeping, Insurance, Legal, Licenses/Permits, Management, Other Utilities, Recreational Faclty, Security, Sewer, Water, Cable TV, Trash

Schools

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

Lot Info

  • Parcel #: 40001-250-132
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2022
Closed on
Feb 8, 2022
Sold by
Bereslaysky and Dina
Bought by
Archbold Brenda Shelton and Archbold Michael Andrew
Seller's Agent
John Smith
Distinctive Beach Real Estate
Buyer's Agent
Non Member
NON-MEMBER OFFICE
List Price
$564,900
Sold Price
$564,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.26%

Purchase Details

Closed on
Aug 23, 2019
Sold by
Rea Marilyn C
Bought by
Bereslavsky Mark and Ibragimova Dina

Purchase Details

Listed on
Dec 6, 2013
Closed on
Feb 13, 2014
Sold by
Venable Charles E and Venable Evelylee
Bought by
Rea Marilyn C
Seller's Agent
John Skinner
Distinctive Beach Real Estate
Buyer's Agent
John Tait
ResortQuest Real Estate Destin
List Price
$258,000
Sold Price
$258,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.19%
Original Mortgage
$206,400
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 12, 2009
Sold by
Ocean Reef Developers Ii Llc
Bought by
Venable Charles E and Venable Evelylee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,500
Interest Rate
5.48%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $564,900 Championship Title
Warranty Deed $335,000 Attorney
Warranty Deed $258,000 None Available
Warranty Deed $235,500 Diamond Title Agency Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $206,400 Adjustable Rate Mortgage/ARM
Previous Owner $175,500 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/20/2025 02/20/25 For Sale $635,000 +12.4% $554 / Sq Ft
07/05/2022 07/05/22 Off Market $564,900 -- --
06/20/2022 06/20/22 Off Market $258,000 -- --
02/08/2022 02/08/22 Sold $564,900 0.0% $493 / Sq Ft
01/30/2022 01/30/22 Pending -- -- --
01/30/2022 01/30/22 For Sale $564,900 +119.0% $493 / Sq Ft
02/12/2014 02/12/14 Sold $258,000 0.0% $225 / Sq Ft
02/12/2014 02/12/14 Sold $258,000 0.0% $225 / Sq Ft
12/06/2013 12/06/13 For Sale $258,000 -0.7% $225 / Sq Ft
12/05/2013 12/05/13 Pending -- -- --
12/05/2013 12/05/13 Pending -- -- --
12/01/2012 12/01/12 For Sale $259,900 -- $227 / 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 $6,162 $488,750 -- $488,750
2023 $6,162 $488,750 $0 $488,750
2022 $4,390 $331,925 $0 $0
2021 $3,742 $301,750 $0 $301,750
2020 $3,439 $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

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 587641

Emerald Coast Association of REALTORS®

APN: 40001-250-132