NOT LISTED FOR SALE

Ocean Reef 14415 Front Beach Rd Unit 2204 Panama City Beach, FL 32413

Estimated Value: $509,231 - $607,000

2 Beds
2 Baths
1,146 Sq Ft
$933/mo HOA Fee

Last Sold April 19, 2024

Last sale price $575,000 $502 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $4,509/month

38 Days on Market

Highlights

  • Property fronts gulf or ocean
  • 24-Hour Security
  • Furnished
  • J.R. Arnold High School Rated A-
  • Gated Community
  • Balcony

About This Home

As of April 2024

Luxurious 2 bed, 2 bath, 1146 sqft beachfront condo on the Gulf of Mexico, where elegant design meets coastal comfort. This meticulously crafted residence features custom painting, upgraded flooring, and stylish furnishings. Enjoy breathtaking Gulf views from the 237 sq. ft. balcony.Inside, the well-appointed living area seamlessly connects to an upgraded kitchen and a dining space with a breakfast bar. The master bedroom boasts a king bed, ensuite with a double vanity, and private balcony access. The guest bedroom features two queen beds and a private bathroom.Ocean Reef amenities include a wide beach, gulf-front pool, indoor pool, hot tub, steam room, fitness center, and grills. A reserved ground-floor parking space adds convenience. Perfectly located in Panama City Beach, nearby attractions and dining options offer a quintessential coastal lifestyle.This condo comes with a premier first-floor parking spot, right across from the elevator, ensuring hassle-free access to your coastal retreat.Don't miss this opportunity to own a slice of paradise. Schedule your showing in advance, today.

Last Agent to Sell the Property

Rose Stephenson

Coldwell Banker Realty License #SL3485599 Listed on: 03/01/2024

Coldwell Banker Realty

Last Buyer's Agent

Non Member

NON-MEMBER OFFICE

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,465

Year Built

  • Built in 2008

Lot Details

  • 218

HOA Fees

  • $933 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Secured Garage or Parking

Home Design

  • Stucco

Interior Spaces

  • 1,146 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Living Room
  • Dining Room

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • High Speed Internet

Additional Features

  • Balcony

Community Details

Overview

  • Association fees include cable TV, insurance, internet, legal/accounting, ground maintenance, maintenance structure, pest control, pool(s), sewer, security, trash, water
  • 162 Units
  • High-Rise Condominium
  • Ocean Reef Subdivision
  • 23-Story Property

Amenities

  • Picnic Area

Security

  • 24-Hour Security
  • Gated Community
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,465

Year Built

Built in 2008

Lot Details

0

HOA Fees

$933 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: 22
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Interior Amenities: Breakfast Bar
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 1146.0
  • Dining Room Type: Bedroom, Dining Room, Living Room, Primary Bedroom
  • Stories: 23
  • ResoLivingAreaSource: Owner

Exterior Features

  • View: Gulf
  • View: Yes
  • Waterfront Features: Gulf, Shoreline - Sand, Waterfront
  • Waterfront: Yes
  • Construction Type: Concrete, Stucco
  • Exterior Features: Balcony
  • Patio And Porch Features: Balcony

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Garage: Yes

Utilities

  • Utilities: Cable Connected, Electricity Connected, High Speed Internet Available, Sewer Connected, Trash Collection, Water Connected
  • Security Features: Building Security, Fire Alarm, Fire Sprinkler System, Secured Garage/Parking, 24 Hour Security, 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: 2800.0
  • Community Features: Short Term Rental Allowed, Waterfront
  • Amenities: Gated, Picnic Area
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Fee Information

  • Association Fee Includes: Cable TV, Insurance, Internet, Legal/Accounting, Maintenance Grounds, Maintenance Structure, Pest Control, Pool(s), Sewer, Security, Trash, Water

Schools

  • Middle Or Junior School: Surfside

Lot Info

  • Lot Features: Waterfront
  • Zoning Description: City

Rental Info

  • Furnished: Furnished

Multi Family

  • Number Of Units In Community: 162

Tax Info

  • Tax Annual Amount: 5465.0
  • Tax Year: 2023

MLS Schools

  • Elementary School: Hutchison Beach
  • High School: Arnold

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2024
Closed on
Apr 19, 2024
Sold by
Gary Jr John S and Gary Keely
Bought by
T5 Holdings Llc
Seller's Agent
Rose Stephenson
Coldwell Banker Realty
Buyer's Agent
Non Member
NON-MEMBER OFFICE
List Price
$599,000
Sold Price
$575,000
Premium/Discount to List
-$24,000
-4.01%
Views
36
Current Estimated Value
$565,004

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,996
Avg. Annual Appreciation
-0.65%

Purchase Details

Listed on
Sep 24, 2019
Closed on
Nov 12, 2019
Sold by
Mejane Hanade and Rahim Mohammed A
Bought by
Gary John S and Gary Keely
Seller's Agent
Ayesha Albibi
Centergate Realty LLC
Buyer's Agent
Marty Shoemaker
Coldwell Banker United Realtor
List Price
$360,000
Sold Price
$330,000
Premium/Discount to List
-$30,000
-8.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.32%
Original Mortgage
$231,000
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 27, 2008
Sold by
Ocean Reef Developers Ii Llc
Bought by
Mejane Hanade and Rahim Mohammed A
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
T5 Holdings Llc $575,000 Mti Title
Gary John S $330,000 Cornerstone Title Agency Inc
Mejane Hanade $225,500 Diamond Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gary John S $231,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2024 04/19/24 Sold $575,000 -4.0% $502 / Sq Ft
04/09/2024 04/09/24 Pending -- -- --
03/01/2024 03/01/24 For Sale $599,000 +81.5% $523 / Sq Ft
07/05/2022 07/05/22 Off Market $330,000 -- --
11/12/2019 11/12/19 Sold $330,000 -8.3% $358 / Sq Ft
09/28/2019 09/28/19 Pending -- -- --
09/24/2019 09/24/19 For Sale $360,000 -- $390 / 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 $5,465 $401,630 -- --
2023 $5,465 $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: 753553

Central Panhandle Association of REALTORS®

APN: 40001-250-147