$350,000
PENDING $15K PRICE DROP

Estimated payment $3,018/month

Total Views 3,683
3 Beds
2.5 Baths
1,761 Sq Ft
$199 Price per Sq Ft

Highlights

  • In Ground Pool
  • Gated Community
  • Community Basketball Court
  • J.R. Arnold High School Rated A-
  • Clubhouse
  • Covered Patio or Porch

About This Home

Welcome to your dream home in the prestigious gated community of Island Reserve. This immaculate 3 bedroom, 2 and a half bath condo boasts over 1700 square feet of living space.Step inside and be greeted by a spacious open floor plan that is perfect for entertaining guests or relaxing with family.The kitchen features modern appliances and plenty of counter space for meal prep.Outside, you'll find beautiful views on the L- shaped covered porch perfect for sipping your morning coffee or watching the sunset. Take a dip in the refreshing community pool on hot summer days or challenge friends to a game of basketball on the public court. This unique condo has views of the 1 acre pool and lush Garden Courtyard. Additional amenities include a zero-entry pool, hot tub, splash pad, gym, pickleball, game room, and theater. Don't let this opportunity to own a piece of paradise in Island Reserve Panama City Beach pass you by. With no short-term rentals allowed, and just 2 miles from the beach, restaurants, and shopping, this is truly a dream home.

Listing Agent

Angie Carmichael

Dalton Wade Inc Listed on: 03/17/2025

Dalton Wade Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,738

Year Built

  • Built in 2009

HOA Fees

  • $802 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Electric Gate
  • Additional Parking

Home Design

  • Metal Roof
  • HardiePlank Type

Interior Spaces

  • 1,761 Sq Ft Home
  • 3-Story Property
  • Crown Molding
  • Ceiling Fan
  • Living Room
  • Dining Room

Kitchen

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

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan

Laundry

  • Dryer
  • Washer

Home Security

Pool

  • In Ground Pool
  • Fence Around Pool

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Schools

  • Breakfast Point Elementary And Middle School
  • Arnold High School

Additional Features

  • Property fronts a private road
  • Central Heating and Cooling System

Community Details

Overview

  • Association fees include management, fitness facility, ground maintenance, maintenance structure, pest control, pool(s), sewer, security, trash, water
  • 21 Units
  • Low-Rise Condominium
  • Island Reserve Subdivision

Amenities

  • Clubhouse
  • Game Room
  • Elevator

Recreation

  • Community Basketball Court
  • Community Pool
  • Community Spa

Security

  • Security Service
  • Gated Community
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,738

Year Built

Built in 2009

Lot Details

0

HOA Fees

$802 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2009
  • Property Sub Type: Condominium
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: Island Reserve
  • Architectural Style: Low Rise
  • Entry Level: 3
  • New Construction: No
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Washer
  • Interior Amenities: Crown Molding, Kitchen Island, Split Bedrooms
  • Spa Features: Community
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Carpet, Laminate, Tile
  • Living Area: 1761.0
  • Dining Room Type: Bedroom, Dining Room, Kitchen, Living Room, Primary Bedroom
  • Stories: 3

Exterior Features

  • Pool Features: Fenced, In Ground, Pool, Community
  • Waterfront: No
  • Construction Type: HardiPlank Type, Concrete
  • Exterior Features: Balcony
  • Patio And Porch Features: Balcony, Covered, Porch
  • Roof: Metal

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Additional Parking, Attached, Electric Gate, Garage
  • Garage: Yes
  • Attached Garage: Yes

Utilities

  • Security Features: Fire Alarm, Fire Sprinkler System, Gated Community, Smoke Detector(s), Security Service
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Heating: Central, Electric
  • Green Building Features: Dumpster
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Association Fee: 2405.0
  • Community Features: Basketball Court, Clubhouse, Elevator, Fitness Center, Game Room, Pickleball, Gated, Pool, Sidewalks
  • Amenities: Gated
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Association Management, Fitness Facility, Maintenance Grounds, Maintenance Structure, Other, Pest Control, Pool(s), Sewer, See Remarks, Security, Trash, Water

Schools

  • Middle Or Junior School: Breakfast Point

Lot Info

  • Zoning Description: Resid Multi-Family

Rental Info

  • Furnished: Unfurnished

Multi Family

  • Number Of Units In Community: 21

Tax Info

  • Tax Annual Amount: 3738.0
  • 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 $3,612 $298,780 -- --
2023 $3,612 $271,618 $0 $303,705
2022 $2,896 $246,925 $0 $246,925
2021 $2,864 $235,450 $0 $235,450
2020 $2,708 $219,300 $0 $219,300
2019 $2,604 $213,775 $0 $213,775
2018 $2,349 $184,450 $0 $0
2017 $2,225 $173,400 $0 $0
2016 $1,280 $133,950 $0 $0
2015 $1,308 $133,019 $0 $0
2014 $1,293 $131,963 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2025 08/22/25 Pending -- -- --
05/13/2025 05/13/25 Price Changed $350,000 -4.1% $199 / Sq Ft
03/17/2025 03/17/25 For Sale $365,000 -- $207 / Sq Ft
Source: Central Panhandle Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $237,900 Sandcastle Tirle Svcs Llc
Deed $165,000 --
Deed $150,000 --
Special Warranty Deed $164,000 Mcneese Title Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $225,000 New Conventional
Closed $190,320 Future Advance Clause Open End Mortgage
Previous Owner $147,600 New Conventional
Source: Public Records

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Source: Central Panhandle Association of REALTORS®

MLS Number: 770518

Central Panhandle Association of REALTORS®

APN: 40001-100-095