NOT LISTED FOR SALE

Ocean Reef 14415 Front Beach Rd Unit 2201 Panama City Beach, FL 32413

Estimated Value: $776,138 - $951,000

4 Beds
3 Baths
1,535 Sq Ft
$492/mo HOA Fee

Last Sold April 21, 2023

Last sale price $800,000 $521 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $5,820/month

56 Days on Market

Highlights

  • Property fronts gulf or ocean
  • Furnished
  • High-Rise Condominium
  • J.R. Arnold High School Rated A-

About This Home

As of April 2023

This luxurious 4 bedroom and 3 bathroom Ocean Reef penthouse has every amenity you want! HOA dues are very low compared to other complexes. This is an end unit on the east side of the complex with amazing views from St Andrews State Park all the way to Sandestin on a clear day. Enjoy both the sunrise and sunset from the huge 10x28 balcony of this condo! This unit has been well taken care of and is rental ready!

Last Agent to Sell the Property

Rocky Wright

850 Real Estate Center License #3259809 Listed on: 01/24/2023

Last Buyer's Agent

Ricky Lee Jones

The Premier Property Group License #3263680

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,005

Year Built

  • Built in 2008

Lot Details

HOA Fees

  • $492 Monthly HOA Fees

Interior Spaces

  • 1,535 Sq Ft Home
  • Furnished

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Schools

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

Community Details

  • Association fees include pool(s)
  • High-Rise Condominium
  • Ocean Reef Subdivision

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,005

Year Built

Built in 2008

Lot Details

0

HOA Fees

$492 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2008
  • Property Sub Type: Condominium
  • Lot Size: zero lot line
  • Subdivision Name: Ocean Reef
  • Architectural Style: High Rise
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Living Area: 1535.0
  • Dining Room Type: Bedroom, Primary Bedroom
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Waterfront Features: Gulf
  • Waterfront: Yes

Garage/Parking

  • Garage: No

Condo/Co-op/Association

  • Association Fee: 1475.0
  • Community Features: Short Term Rental Allowed
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Fee Information

  • Association Fee Includes: Pool(s)

Schools

  • Middle Or Junior School: Surfside

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Annual Amount: 6005.0
  • Tax Year: 2022

MLS Schools

  • Elementary School: Hutchison Beach
  • High School: Arnold

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2023
Closed on
Apr 19, 2023
Sold by
Chen Lei and Chen Yu
Bought by
Samuelson Brad and Samuelson Jennifer
Seller's Agent
Rocky Wright
850 Real Estate Center
Buyer's Agent
Ricky Lee Jones
The Premier Property Group
List Price
$899,900
Sold Price
$800,000
Premium/Discount to List
-$99,900
-11.1%
Views
20
Current Estimated Value
$862,785

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,785
Avg. Annual Appreciation
3.24%

Purchase Details

Listed on
Feb 3, 2012
Closed on
Jan 15, 2013
Sold by
Shannon Roger D and Shannon Carol E
Bought by
Chen Lei and Wang Yu
Seller's Agent
Mary Stephens
ResortQuest Real Estate
Buyer's Agent
Mary Stephens
Prestigious Beach Properties
List Price
$395,000
Sold Price
$348,250
Premium/Discount to List
-$46,750
-11.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.44%
Original Mortgage
$278,600
Interest Rate
2.68%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 17, 2008
Sold by
Ocean Reef Developers Ii Llc
Bought by
Shannon Roger D and Shannon Carol E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.1%
Mortgage Type
Unknown
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
Samuelson Brad $800,000 None Listed On Document
Chen Lei $348,300 Diamond Title Agency Inc
Shannon Roger D $350,000 Diamond Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chen Lei $278,600
Previous Owner Shannon Roger D $250,000
Previous Owner Shannon Roger D $340,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/21/2023 04/21/23 Sold $800,000 -3.6% $521 / Sq Ft
03/22/2023 03/22/23 Pending -- -- --
03/06/2023 03/06/23 Price Changed $829,900 -2.4% $541 / Sq Ft
02/14/2023 02/14/23 Price Changed $850,000 -5.5% $554 / Sq Ft
01/24/2023 01/24/23 For Sale $899,900 +158.4% $586 / Sq Ft
07/05/2022 07/05/22 Off Market $348,250 -- --
01/18/2013 01/18/13 Sold $348,250 -11.8% $218 / Sq Ft
12/21/2012 12/21/12 Pending -- -- --
02/03/2012 02/03/12 For Sale $395,000 -- $247 / 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 $7,953 $748,000 -- $748,000
2023 $7,953 $521,751 $0 $748,000
2022 $6,005 $474,319 $0 $0
2021 $5,309 $431,199 $0 $0
2020 $4,733 $402,900 $0 $402,900
2019 $4,249 $356,363 $0 $356,363
2018 $4,033 $328,740 $0 $0
2017 $4,093 $361,250 $0 $0
2016 $4,170 $361,250 $0 $0
2015 $4,000 $335,793 $0 $0
2014 $3,693 $310,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2023

    Rocky Wright

    850 Real Estate Center

    (850) 628-6090

    5 in this area

    28 Total Sales

    Rocky Wright
    Section Image
  • Ricky Lee Jones

    Buyer's Agent in 2023

    Ricky Lee Jones

    The Premier Property Group

    (850) 290-2901

    65 in this area

    108 Total Sales

    Ricky Lee Jones
    Section Image

  • M

    Seller's Agent in 2013

    Mary Stephens

    ResortQuest Real Estate

  • C

    Seller Co-Listing Agent in 2013

    Cali Wilson

    ResortQuest Real Estate

See All Agents

About Ocean Reef

Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 736745

Central Panhandle Association of REALTORS®

APN: 40001-250-144

Florida Bay County Panama City Beach 32413

14415 Front Beach Rd Unit 2201, Panama City Beach, FL

This home is located at 14415 Front Beach Rd Unit 2201, Panama City Beach, FL 32413 since 24 January 2023 and is currently estimated at $862,785, approximately $562 per square foot. This property was built in 2008. 14415 Front Beach Rd Unit 2201 is a home located in Bay County with nearby schools including Surfside Middle School, J.R. Arnold High 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.

Central Panhandle Association of REALTORS® IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

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