NOT LISTED FOR SALE

Ocean Reef 14415 Front Beach Rd Unit 2306 Panama City Beach, FL 32413

Estimated Value: $486,913 - $563,000

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

Last Sold February 02, 2018

Last sale price $275,000 $240 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $3,737/month

85 Days on Market

Highlights

  • Property fronts gulf or ocean
  • Sauna
  • Community Pool
  • J.R. Arnold High School Rated A-
  • Furnished
  • Elevator

About This Home

As of February 2018

Absolutely GORGEOUS!! This PENTHOUSE LEVEL, fully furnished 2 bedroom, 2 bath spacious condo offers custom tile flooring throughout, washer and dryer, granite kitchen countertops, crown molding, spacious laundry room, new patio furniture and COVERED BEACHSIDE, ASSIGNED PARKING. The living room and master bedroom have access to the expansive balcony which offers amazing Gulf and coastline views. Amenities include a Gulf front pool, seasonally heated indoor pool, hot tub, steam room and sauna, fitness room, beautiful landscaping, covered parking beneath the building, and over 330' of beachfront.Ocean Reef is located at the West end of the Beach just 1.1 miles East of Pier Park. Condo sold FULLY FURNISHED and RENTAL READY.

Last Agent to Sell the Property

Cindy Shoemaker

Keller Williams Success Realty License #3135223 Listed on: 11/07/2017

Keller Williams Success Realty

Last Buyer's Agent

Brenton Hitchcock

Hitchcock Real Estate LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,441

Year Built

  • Built in 2008

Lot Details

  • 218

HOA Fees

  • $451 Monthly HOA Fees

Parking

  • Assigned Parking

Interior Spaces

  • 1,146 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Dining Room

Kitchen

  • 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

Additional Features

  • Balcony

Community Details

Overview

  • Association fees include cable TV, insurance, ground maintenance, pest control, pool(s), sewer, trash, water
  • 162 Units
  • High-Rise Condominium
  • Ocean Reef Subdivision

Amenities

  • Community Barbecue Grill
  • Elevator

Recreation

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,441

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
  • Subdivision Name: Ocean Reef
  • Architectural Style: High Rise
  • Unit Levels: One
  • Building Stories: 1
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 1146.0
  • Dining Room Type: Bedroom, Dining Room, Primary Bedroom
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Pool Features: Community
  • View: Gulf
  • View: Yes
  • Waterfront Features: Gulf
  • Waterfront: Yes
  • Exterior Features: Balcony
  • Patio And Porch Features: Balcony

Garage/Parking

  • Parking Features: Assigned

Utilities

  • Utilities: Sewer Connected, Water Connected
  • Security Features: Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 451.0
  • Community Features: Barbecue, Elevator, Fitness Center, Pool, Sauna, Waterfront
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Cable TV, Insurance, Maintenance Grounds, Pest Control, Pool(s), Sewer, Trash, Water

Schools

  • Middle Or Junior School: Surfside

Lot Info

  • Zoning Description: Resid Multi-Family

Rental Info

  • Furnished: Furnished

Multi Family

  • Number Of Units In Community: 162

MLS Schools

  • Elementary School: Hutchison Beach
  • High School: Arnold

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 17, 2024
Sold by
Purrone Anthony V and Purrone Michelle E
Bought by
Purrone Family Trust and Purrone
Current Estimated Value
$531,728

Purchase Details

Listed on
Nov 7, 2017
Closed on
Feb 2, 2018
Sold by
Malhotra Pratipal S and Malhotra Veena
Bought by
Parrone Anthony V and Parrone Michelle E
Seller's Agent
Cindy Shoemaker
Keller Williams Success Realty
Buyer's Agent
Brenton Hitchcock
Hitchcock Real Estate LLC
List Price
$294,900
Sold Price
$275,000
Premium/Discount to List
-$19,900
-6.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.05%
Original Mortgage
$100,000
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 17, 2008
Sold by
Ocean Reef Developers Ii Llc
Bought by
Malhotra Pratipal S and Malhotra Veena
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
Purrone Family Trust $100 None Listed On Document
Purrone Family Trust $100 None Listed On Document
Parrone Anthony V $275,000 Attorney
Malhotra Pratipal S $270,000 Diamond Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Purrone Anthony V $93,631
Previous Owner Purrone Anthony V $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2022 06/20/22 Off Market $275,000 -- --
02/02/2018 02/02/18 Sold $275,000 -6.7% $240 / Sq Ft
01/31/2018 01/31/18 Pending -- -- --
11/07/2017 11/07/17 For Sale $294,900 -- $257 / 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

  • Cindy Shoemaker

    Seller's Agent in 2018

    Cindy Shoemaker

    Keller Williams Success Realty

    (850) 573-4045

    63 in this area

    144 Total Sales

    Cindy Shoemaker
    Section Image
  • Brenton Hitchcock

    Buyer's Agent in 2018

    Brenton Hitchcock

    Hitchcock Real Estate LLC

    (850) 481-0095

    31 in this area

    108 Total Sales

    Brenton Hitchcock
    Section Image
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About Ocean Reef

Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 664947

Central Panhandle Association of REALTORS®

APN: 40001-250-158

Florida Bay County Panama City Beach 32413

14415 Front Beach Rd Unit 2306, Panama City Beach, FL

This home is located at 14415 Front Beach Rd Unit 2306, Panama City Beach, FL 32413 since 07 November 2017 and is currently estimated at $531,728, approximately $463 per square foot. This property was built in 2008. 14415 Front Beach Rd Unit 2306 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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