$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

1% Below List Price

369 Days on Market

Highlights

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

About This Home

As of February 2022

Rare find Penthouse unit 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. This 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, 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, oversized hot tub, steam room and sauna, fitness room, lush landscaping,

Last Agent to Sell the Property

John Smith

Distinctive Beach Real Estate License #3217643 Listed on: 12/01/2012

Co-Listed By

John Skinner

Rosemary Beach Realty, LLC License #3075830

Last Buyer's Agent

John Tait

ResortQuest Real Estate License #3224074

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,162

Year Built

  • Built in 2008

Lot Details

  • Cleared Lot

HOA Fees

  • $356 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Assigned Parking

Home Design

  • Pillar, Post or Pier Foundation
  • Stucco

Interior Spaces

  • 1,146 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Ceiling Fan
  • Recessed Lighting
  • Living Room

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Pool

  • Heated Indoor Pool
  • Heated In Ground Pool
  • Fence Around Pool

Outdoor Features

  • Balcony

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

Overview

  • Association fees include management, cable TV, insurance, legal/accounting, ground maintenance, maintenance structure, pool(s), recreation facilities, sewer, security, trash, water
  • High-Rise Condominium
  • Ocean Reef Subdivision

Amenities

  • Community Barbecue Grill
  • Elevator

Recreation

  • Beach
  • Community Spa
  • 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 Type: Residential
  • Year Built: 2008
  • Property Sub Type: Condominium
  • Road Frontage Type: City Street
  • Co List Office Mls Id: BDBC
  • Co List Office Phone: (850) 830-9096
  • Subdivision Name: Ocean Reef
  • Architectural Style: High Rise
  • Unit Levels: Three Or More
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Self Cleaning Oven, Washer
  • Interior Amenities: Breakfast Bar, Recessed Lighting, Split Bedrooms
  • Spa Features: Community
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 1146.0
  • Dining Room Type: Bedroom, Kitchen, Living Room, Primary Bedroom
  • ResoLivingAreaSource: Plans

Exterior Features

  • Pool Features: Fenced, Gas Heat, Indoor, In Ground
  • View: Gulf
  • View: Yes
  • Waterfront Features: Gulf
  • Waterfront: Yes
  • Construction Type: Concrete, Stucco
  • Exterior Features: Balcony
  • Foundation Details: Pillar/Post/Pier
  • Patio And Porch Features: Balcony

Garage/Parking

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

Utilities

  • Utilities: Cable Connected, Electricity Connected, Phone Connected, Sewer Connected, Trash Collection, Water Connected
  • Security Features: Fire Alarm, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 356.0
  • Community Features: Barbecue, Beach, Elevator, Fitness Center, Fishing, Other, Sauna, See Remarks, Sidewalks
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Association Management, Cable TV, Insurance, Legal/Accounting, Maintenance Grounds, Maintenance Structure, Other, Pool(s), Recreation Facilities, Sewer, See Remarks, Security, Trash, Water

Schools

  • Middle Or Junior School: Surfside

Lot Info

  • Lot Features: Cleared, Level
  • Zoning Description: City

Rental Info

  • Furnished: Furnished

MLS Schools

  • Elementary School: Hutchison Beach
  • High School: Arnold

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
Total Days on Market
369

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: 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 $6,162 $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: Central Panhandle Association of REALTORS®

MLS Number: 604335

Central Panhandle Association of REALTORS®

APN: 40001-250-132