NOT LISTED FOR SALE

Ocean Reef 14415 Front Beach Rd Unit 2105 Panama City Beach, FL 32413

Estimated Value: $505,584 - $578,000

2 Beds
2 Baths
1,146 Sq Ft
$475/mo HOA Fee

Last Sold January 05, 2021

Last sale price $385,000 $336 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $3,952/month

122 Days on Market

Highlights

  • Property fronts gulf or ocean
  • Building Security
  • Furnished
  • J.R. Arnold High School Rated A-
  • Heated In Ground Pool
  • Balcony

About This Home

As of January 2021

Contact listing agent for amazing rental numbers.This Japanese inspired place of solace is impeccably decorated and outfitted to inspire rest, relaxation and renewal on your next vacation! Leave your worries behind as you step into this new Zen contemporary seaside retreat. This immaculate 2 bedroom 2 bathroom penthouse condo on the 21st floor overlooks the gorgeous Gulf of Mexico coastline in Panama City Beach, Florida. It features 10 feet lofty ceilings, dazzling sapphire/emerald water views from the master suite and the living room area, a huge balcony for outdoor dining and relaxing, upscale furnishings, stylish bathrooms, stainless steel appliances, granite stone countertops and a well-equipped kitchen for gourmet cooking.

Last Agent to Sell the Property

Brenton Hitchcock

Hitchcock Real Estate LLC Listed on: 08/19/2020

Last Buyer's Agent

Non Member

NON-MEMBER OFFICE

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,980

Year Built

  • Built in 2008

Lot Details

  • Cleared Lot

HOA Fees

  • $475 Monthly HOA Fees

Home Design

  • Pillar, Post or Pier Foundation
  • Stucco

Interior Spaces

  • 1,146 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Track Lighting
  • Living Room

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • Garage
  • Secured Garage or Parking
  • Assigned Parking

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, clubhouse, cable TV, internet, legal/accounting, ground maintenance, pest control, pool(s), trash, water
  • High-Rise Condominium
  • Ocean Reef Subdivision

Amenities

  • Picnic Area

Recreation

Security

  • Building Security
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,980

Year Built

Built in 2008

Lot Details

0

HOA Fees

$475 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2008
  • Property Sub Type: Condominium
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: Ocean Reef
  • Architectural Style: High Rise
  • Entry Level: 21
  • Unit Levels: One
  • Building Stories: 1
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Cooktop, Dryer, Dishwasher, Electric Cooktop, Electric Oven, Electric Water Heater, Freezer, Disposal, Ice Maker, Microwave, Washer
  • Interior Amenities: Breakfast Bar, Pantry, Track Lighting
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 1146.0
  • Dining Room Type: Bedroom, Kitchen, Living Room, Primary Bedroom
  • Stories: 23
  • ResoLivingAreaSource: Appraiser

Exterior Features

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

Garage/Parking

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

Utilities

  • Utilities: Cable Connected, Electricity Connected, Other, Sewer Connected, Water Connected
  • Security Features: Building Security, Fire Alarm, Secured Garage/Parking
  • Cooling: Central Air, Electric
  • Heating: Central, Electric
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Green Building Features: Dumpster
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 1425.0
  • Community Features: Pool
  • Amenities: Picnic Area
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Fee Information

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

Schools

  • Middle Or Junior School: Surfside

Lot Info

  • Lot Features: Cleared

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Annual Amount: 2980.0
  • Tax Year: 2019

MLS Schools

  • Elementary School: Hutchison Beach
  • High School: Arnold

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2020
Closed on
Jan 5, 2021
Sold by
Mendicino Frank and Mendicino Terry
Bought by
Bolear Steven
Seller's Agent
Brenton Hitchcock
Hitchcock Real Estate LLC
Buyer's Agent
Non Member
NON-MEMBER OFFICE
List Price
$395,000
Sold Price
$385,000
Premium/Discount to List
-$10,000
-2.53%
Current Estimated Value
$548,396

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,396
Avg. Annual Appreciation
7.92%

Purchase Details

Closed on
May 18, 2009
Sold by
Ocean Reef Developers Ii Llc
Bought by
Mendicino Frank and Mendicino Terry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
4.89%
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
Bolear Steven $385,000 Watersound Closings & Escrow
Mendicino Frank $245,000 Diamond Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mendicino Frank $196,000
Previous Owner Mendicino Frank $196,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2022 06/20/22 Off Market $385,000 -- --
01/05/2021 01/05/21 Sold $385,000 -2.5% $336 / Sq Ft
12/19/2020 12/19/20 Pending -- -- --
08/19/2020 08/19/20 For Sale $395,000 -- $345 / 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 $5,936 $488,750 -- $488,750
2023 $5,936 $488,750 $0 $488,750
2022 $4,746 $408,000 $0 $408,000
2021 $3,726 $298,265 $0 $0
2020 $3,338 $280,500 $0 $280,500
2019 $2,980 $246,500 $0 $246,500
2018 $0 $229,500 $0 $0
2017 $0 $238,000 $0 $0
2016 -- $239,275 $0 $0
2015 -- $219,938 $0 $0
2014 -- $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: 701080

Central Panhandle Association of REALTORS®

APN: 40001-250-139