5505 Sun Harbor Rd Unit 181 Panama City, FL 32401
Estimated payment $2,898/month
Highlights
- Marina
- In Ground Pool
- Bay View
- Boat Dock
- Fishing
- Waterfront
About This Home
$44,000 PRICE REDUCTION and Newly Listed!!! You have just found one of the rarest condos ever constructed in Bay County FL. This two story end unit boasts 2 bedrooms (both on first floor), 2 full bathrooms (one on each floor), along with a large kitchen, dining area, and open living room on the second floor! The second floor also features a private covered balcony with Magnificent views of the Bay, Pool, and Marina. The private covered patio of the primary bedroom also features this same view, but with access to it all! The marina offers boat slips for sale and for rent, with and without lifts. There is also a newly constructed commercial space onsight that will be developed. This condo offers an excellent location and this particular unit is the closest and within walking distance to Gulf Coast State College, Florida State University Panama City, and Carl Gray Park which offers public boat launch ramps, fishing, swimming, and covered picnic areas with grills. This condo development is also located next to Port Panama City and according to their website, nearly 11,000 jobs are generated by the Port's Cargo Activity on an annual basis. In addition, the Port's more than two million tons of cargo translates to $634.5 million in personal income and local consumption and more than $1.6 billion in total economic value. This two story condo has endless opportunities as a private residence, second home, long term rental or as an investment. This unit is so rare, only one other family has ever owned it since it was originally built. Come see this magnificent condo with so much to offer, amazing views, lots of space, loads of storage, phenomenal location and just so much fun! All info and measurements are approximate and must be confirmed by the buyer if deemed necessary.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,500
Year Built
- Built in 1984
Lot Details
- Property fronts a highway
- Landscaped
HOA Fees
- $475 Monthly HOA Fees
Home Design
- Entry on the 1st floor
- Metal Roof
- Wood Siding
Interior Spaces
- 1,200 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Window Treatments
- Tile Flooring
- Bay Views
- Stacked Washer and Dryer
Kitchen
- Electric Oven
- Electric Cooktop
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Home Security
Parking
- Paved Parking
- Parking Lot
- Assigned Parking
Pool
- In Ground Pool
- Fence Around Pool
Outdoor Features
- Balcony
- Covered Patio or Porch
Location
- Flood Insurance May Be Required
Schools
- Lucille Moore Elementary School
- Jinks Middle School
- Bay High School
Utilities
- Cooling Available
- Heating Available
- Electric Water Heater
Community Details
Overview
- Association fees include cable TV, insurance, legal/accounting, ground maintenance, pest control, pool(s), trash, water
- Low-Rise Condominium
- Sun Harbor Condo Subdivision
Amenities
- Community Barbecue Grill
- Laundry Facilities
Recreation
- Boat Dock
- Marina
- Waterfront
- Community Pool
- Fishing
- Park
Security
- Fire and Smoke Detector
Map
Home Values in the Area
Average Home Value in this Area
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 | $3,547 | $184,128 | -- | -- |
2023 | $3,547 | $240,000 | $0 | $240,000 |
2022 | $2,839 | $152,172 | $0 | $0 |
2021 | $2,544 | $138,338 | $0 | $138,338 |
2020 | $2,414 | $131,750 | $0 | $131,750 |
2019 | $1,500 | $95,896 | $0 | $95,896 |
2018 | $1,299 | $82,748 | $0 | $0 |
2017 | $1,127 | $75,225 | $0 | $0 |
2016 | $1,359 | $88,440 | $0 | $0 |
2015 | $1,268 | $80,400 | $0 | $0 |
2014 | $1,224 | $76,577 | $0 | $0 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/17/2025 08/17/25 | Price Changed | $399,900 | -2.5% | $333 / Sq Ft |
08/09/2025 08/09/25 | Price Changed | $410,000 | -1.0% | $342 / Sq Ft |
07/09/2025 07/09/25 | Price Changed | $414,000 | -6.8% | $345 / Sq Ft |
05/30/2025 05/30/25 | For Sale | $444,000 | -- | $370 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | $140,000 | Attorney | |
Interfamily Deed Transfer | -- | None Available | |
Interfamily Deed Transfer | -- | None Available | |
Personal Reps Deed | -- | None Available |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Previous Owner | $30,000 | Credit Line Revolving |
Source: Central Panhandle Association of REALTORS®
MLS Number: 774167

APN: 27935-542-000
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