$327,000

Estimated payment $2,635/month

Total Views 1,924
2 Beds
2.5 Baths
1,325 Sq Ft
$247 Price per Sq Ft

Highlights

  • Security Service
  • In Ground Pool
  • Gated Community
  • J.R. Arnold High School Rated A-
  • Gated Parking
  • Clubhouse

About This Home

Welcome to Island Reserve, a gated resort-style community in the heart of Panama City Beach--just a quick golf cart ride to the beach! This beautiful 2-bedroom, 2.5-bath third-floor condo offers a highly desirable view overlooking the landscaped courtyard and lagoon-style pool. The unit features new luxury vinyl plank flooring throughout, along with a newly installed walk-in tub for enhanced accessibility. Both bedrooms are spacious master suites with private attached baths with walk-in closets. Additional highlights include a full-size washer and dryer, new HVAC and water heater installed in 2022, and easy access from the attached parking garage. This unit is being sold unfurnished. Residents of Island Reserve enjoy a wide range of amenities including a zero-entry pool with waterfalls, a hot tub, fitness center, basketball and pickleball courts, a game room, and a theater. The community is pet-friendly, allowing up to two pets under 40 lbs, and is ideally situated just a short golf cart ride from the beach, shopping, dining, and entertainment. Short-term rentals are not permitted, making this a perfect choice for a full-time residence or long-term investment.

Listing Agent

Kerri Tomasicyk

Watersound Real Estate License #SL3529893 Listed on: 06/19/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,330

Year Built

  • Built in 2008

HOA Fees

  • $579 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Gated Parking
  • Secured Garage or Parking
  • Additional Parking

Home Design

  • Slab Foundation
  • Shingle Roof
  • HardiePlank Type

Interior Spaces

  • 1,325 Sq Ft Home
  • Ceiling Fan
  • Recessed Lighting
  • Living Room

Kitchen

  • Electric Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • In Ground Pool
  • Balcony
  • Covered Patio or Porch

Schools

  • Breakfast Point Elementary And Middle School
  • Arnold High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Therapeutic Whirlpool
  • Property fronts a private road

Community Details

Overview

  • Association fees include management, clubhouse, cable TV, insurance, legal/accounting, ground maintenance, pest control, pool(s), sprinkler, security, trash, water
  • Virtuous Management Association
  • Low-Rise Condominium
  • Island Reserve Subdivision

Amenities

  • Clubhouse
  • Game Room

Recreation

  • Community Basketball Court
  • Community Pool
  • Community Spa

Security

  • Security Service
  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,330

Year Built

Built in 2008

Lot Details

0

HOA Fees

$579 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Accessibility Features: Therapeutic Whirlpool
  • Year Built: 2008
  • Property Sub Type: Condominium
  • Road Frontage Type: City Street, Private Road
  • Road Surface Type: Paved
  • Subdivision Name: Island Reserve
  • Architectural Style: Low Rise
  • Entry Level: 3
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Range Hood, Washer
  • Interior Amenities: Kitchen Island, Recessed Lighting, Split Bedrooms
  • Spa Features: Community
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 1325.0
  • Dining Room Type: Bedroom, Living Room, Primary Bedroom

Exterior Features

  • Pool Features: Community, Pool
  • Waterfront: No
  • Construction Type: HardiPlank Type
  • Exterior Features: Balcony
  • Foundation Details: Slab
  • Patio And Porch Features: Balcony, Covered, Patio
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 3.0
  • Parking Features: Additional Parking, Attached, Garage, Gated
  • Garage: Yes
  • Attached Garage: Yes

Utilities

  • Utilities: Cable Connected
  • Security Features: Building Security, Fire Alarm, Secured Garage/Parking, Gated Community, Smoke Detector(s), Security Service
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Central
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 1736.59
  • Community Features: Basketball Court, Clubhouse, Dog Park, Fitness Center, Game Room, Pickleball, Recreation Area, Sidewalks, Gated, Pool
  • Senior Community: No
  • Amenities: Game Room, Gated
  • Association Fee Frequency: Quarterly
  • Association Name: Virtuous Management
  • Association: Yes

Fee Information

  • Association Fee Includes: Association Management, Clubhouse, Cable TV, Insurance, Legal/Accounting, Maintenance Grounds, Pest Control, Pool(s), Sprinkler, Security, Trash, Water

Schools

  • Middle Or Junior School: Breakfast Point

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Annual Amount: 3330.0
  • Tax Year: 2024

MLS Schools

  • Elementary School: Breakfast Point
  • High School: Arnold

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $3,330 $267,750 -- $267,750
2023 $3,388 $267,750 $0 $267,750
2022 $2,473 $201,072 $0 $0
2021 $2,261 $182,793 $0 $0
2020 $2,062 $166,175 $0 $166,175
2019 $1,256 $148,750 $0 $0
2018 $1,745 $135,575 $0 $0
2017 $1,593 $123,250 $0 $0
2016 $1,551 $117,725 $0 $0
2015 $1,498 $110,500 $0 $0
2014 $1,464 $108,025 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/19/2025 06/19/25 For Sale $327,000 -- $247 / Sq Ft
Source: Central Panhandle Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $285,000 Emerald Coast Title Services
Warranty Deed $285,000 Emerald Coast Title Services
Warranty Deed $189,000 Attorney
Source: Public Records

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Source: Central Panhandle Association of REALTORS®

MLS Number: 775258

Central Panhandle Association of REALTORS®

APN: 40001-100-032