NOT LISTED FOR SALE

Ocean Reef 14415 Front Beach Rd Unit 2205 Panama City Beach, FL 32413

Estimated Value: $490,211 - $585,000

2 Beds
2 Baths
1,146 Sq Ft
$451/mo HOA Fee

Last Sold October 05, 2017

Last sale price $270,000 $236 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $3,880/month

589 Days on Market

Highlights

  • Beach
  • Property fronts gulf or ocean
  • Sauna
  • J.R. Arnold High School Rated A-
  • In Ground Pool
  • Furnished

About This Home

As of October 2017

Desirable Penthouse condo at Ocean Reef 2205. This tastefully decorated condo flows out to the massive balcony. There are custom floor to ceiling drapes in the living area as well as the master bedroom. Stainless steel appliances and stained concrete flooring in the main area with new carpeting in the master bedroom. Unit comes with one covered assigned parking space. The view from the Penthouse is breathtaking. Come visit the World's most beautiful beaches and call this little piece of heaven home. Call today for your private showing.

Last Agent to Sell the Property

Laird Hitchcock

Hitchcock Real Estate LLC License #3230355 Listed on: 01/01/2016

Last Buyer's Agent

Bruce Koep

Ohana Real Estate Services License #BK3358969

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,631

Year Built

  • Built in 2008

Lot Details

HOA Fees

  • $451 Monthly HOA Fees

Interior Spaces

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

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 1 Covered Space
  • Covered Parking
  • Assigned Parking

Outdoor Features

  • In Ground Pool
  • Balcony

Schools

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

Utilities

  • Central Air
  • Electric Water Heater
  • High Speed Internet

Community Details

Overview

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

Amenities

  • Community Barbecue Grill
  • Elevator

Recreation

  • Beach

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,631

Year Built

Built in 2008

Lot Details

0

HOA Fees

$451 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2008
  • Property Sub Type: Condominium
  • Lot Size: 0
  • Road Frontage Type: City Street
  • 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 Water Heater, Disposal, Microwave, Self Cleaning Oven, Washer
  • Interior Amenities: Breakfast Bar
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 1146.0
  • Dining Room Type: Bedroom, Kitchen, Laundry, Living Room, Primary Bathroom
  • ResoLivingAreaSource: Plans

Exterior Features

  • Pool Features: In Ground, Community, Pool
  • View: Gulf
  • View: Yes
  • Waterfront Features: Gulf
  • Waterfront: Yes
  • Construction Type: Concrete
  • Exterior Features: Built-in Barbecue, Balcony, Pool
  • Patio And Porch Features: Balcony

Garage/Parking

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

Utilities

  • Utilities: Cable Connected, Electricity Connected, High Speed Internet Available, Phone Connected, Sewer Connected, Trash Collection, Water Connected
  • Security Features: Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes

Condo/Co-op/Association

  • Association Fee: 1354.0
  • Community Features: Barbecue, Beach, Elevator, Fitness Center, Other, Pool, Sauna, See Remarks, Waterfront
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Fee Information

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

Schools

  • Middle Or Junior School: Surfside

Lot Info

  • Zoning Description: Resid Multi-Family

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Annual Amount: 2631.0
  • Tax Year: 2015

MLS Schools

  • Elementary School: Hutchison Beach
  • High School: Arnold

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 1, 2016
Closed on
Oct 5, 2017
Sold by
Stahlman Drew Burke
Bought by
Humble Andrea Elizabeth
Seller's Agent
Laird Hitchcock
Hitchcock Real Estate LLC
Buyer's Agent
Bruce Koep
Ohana Real Estate Services
List Price
$292,000
Sold Price
$270,000
Premium/Discount to List
-$22,000
-7.53%
Current Estimated Value
$550,303

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$280,303
Avg. Annual Appreciation
9.41%
Original Mortgage
$216,000
Outstanding Balance
$179,743
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$370,560

Purchase Details

Closed on
Mar 6, 2009
Sold by
Ocean Reef Developers Ii Llc
Bought by
Stahlman Drew Burke

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,125
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Humble Andrea Elizabeth $270,000 Attorney
Stahlman Drew Burke $245,500 Diamond Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Humble Andrea Elizabeth $216,000
Previous Owner Stahlman Drew Burke $184,125
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2022 07/18/22 Off Market $270,000 -- --
10/05/2017 10/05/17 Sold $270,000 -7.5% $236 / Sq Ft
08/12/2017 08/12/17 Pending -- -- --
01/01/2016 01/01/16 For Sale $292,000 -- $255 / 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 $5,441 $396,991 -- --
2023 $5,441 $360,901 $0 $488,750
2022 $4,372 $328,092 $0 $0
2021 $3,726 $298,265 $0 $0
2020 $3,338 $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: 638971

Central Panhandle Association of REALTORS®

APN: 40001-250-148