8700 Front Beach Rd Unit 5302 Panama City Beach, FL 32407
Upper Grand Lagoon Neighborhood
2
Beds
2.5
Baths
1,325
Sq Ft
$579/mo
HOA Fee
Highlights
- In Ground Pool
- Gated Parking
- Clubhouse
- J.R. Arnold High School Rated A-
- Gated Community
- Community Basketball Court
About This Home
As of July 2025'CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFER - TOP FLOOR condo . Photos of furniture are virtually staged. This condo offers privacy with a backside patio overlooking a 55+ community behind Island Reserve. The condo has 10' ceilings with crown molding giving it a wonderful open feeling, and has been thoughtfully updated featuring plantation shutters, modern fixtures, fans, newer appliances, pull out kitchen drawers, newer paint, and LVP flooring. Two master suites with balcony access. Both bedrooms have walk-in closets. There is a spacious soaking tub and separate shower in one master bath and a stand alone shower in the other. No long hallways to walk down with groceries as this condo is conveniently located just off the garage. Elevators are located in all buildings ensuring effortless access to the beautiful amenities. Lagoon style island pool with waterfalls & hot tub. Inside the activities bldg. you will find a pickle ball and basketball court, state of the art exercise equipment, game room and a theater room. Accenting the beautiful courtyards throughout Island Reserve are lush landscaping and lighted fountains for your enjoyment. Less than 2 miles to the beach! Restaurants, shopping and medical facilities are very close too. Fantastic social committee keeps owners connected with get-to-gethers around the pool and holiday lunches! NO SHORT TERM RENTALS ALLOWED. Just move in, relax, and enjoy!! Golf cart community! Two dogs allowed.
Last Agent to Sell the Property
RC Real Estate Group License #3255603 Listed on: 01/03/2025
Last Buyer's Agent
Mark Henson
Beach Haven Realty
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,012
Year Built
- Built in 2008
Lot Details
- Sprinkler System
HOA Fees
- $579 Monthly HOA Fees
Home Design
- Slab Foundation
- HardiePlank Type
- Stucco
Interior Spaces
- 1,325 Sq Ft Home
- Ceiling Fan
- Living Room
Kitchen
- Electric Cooktop
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
Home Security
Parking
- Gated Parking
- Additional Parking
Outdoor Features
- In Ground Pool
- Balcony
Schools
- Breakfast Point Elementary And Middle School
- Arnold High School
Utilities
- Central Heating and Cooling System
- Heat Pump System
- Electric Water Heater
- Cable TV Available
Community Details
Overview
- Association fees include management, clubhouse, insurance, legal/accounting, ground maintenance, pest control, pool(s), sewer, security, trash, water
- Virtous Management Association
- 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
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 3, 2025
Closed on
Jul 16, 2025
Sold by
Herrington Martha S and Baggett Martha S
Bought by
Dean Christopher Steven and Dean Vergie Dianne
Seller's Agent
Diane Ethridge Tyler
RC Real Estate Group
Buyer's Agent
Mark Henson
Beach Haven Realty
List Price
$292,000
Sold Price
$264,500
Premium/Discount to List
-$27,500
-9.42%
Total Days on Market
162
Views
33
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
80.80%
Purchase Details
Closed on
Sep 10, 2021
Sold by
Lowery Scott F
Bought by
Baggett Martha S and Womack Tonja B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
2.7%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 31, 2017
Sold by
Nummus Holdings Llc
Bought by
Lowery Scott F
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,510
Interest Rate
3.52%
Mortgage Type
VA
Similar Homes in Panama City Beach, FL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $264,500 | Mti Title | |
| Warranty Deed | $264,500 | Mti Title | |
| Warranty Deed | $275,000 | Mti Title Insurance Agcy Inc | |
| Warranty Deed | $275,000 | Mti Title | |
| Warranty Deed | $171,000 | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $125,000 | New Conventional | |
| Previous Owner | $138,510 | VA |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/16/2025 07/16/25 | Sold | $264,500 | -5.5% | $200 / Sq Ft |
| 04/18/2025 04/18/25 | Price Changed | $279,900 | -4.1% | $211 / Sq Ft |
| 01/03/2025 01/03/25 | For Sale | $292,000 | -- | $220 / Sq Ft |
Source: Central Panhandle Association of REALTORS®
Tax History Compared to Growth
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 | $2,012 | $234,008 | -- | -- |
| 2023 | $2,012 | $227,192 | $0 | $0 |
| 2022 | $1,820 | $220,575 | $0 | $220,575 |
| 2021 | $1,321 | $144,654 | $0 | $0 |
| 2020 | $1,316 | $166,175 | $0 | $0 |
| 2019 | $1,291 | $148,750 | $0 | $0 |
| 2018 | $1,280 | $136,850 | $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
Agents Affiliated with this Home
-
Seller's Agent in 2025
Diane Ethridge Tyler
RC Real Estate Group
(334) 618-9425
38 in this area
52 Total Sales
-
M
Buyer's Agent in 2025
Mark Henson
Beach Haven Realty
Map
Source: Central Panhandle Association of REALTORS®
MLS Number: 766744
APN: 40001-100-176
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.
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.
Nearby Homes
- 8700 Front Beach Rd Unit 1117
- 8700 Front Beach Rd Unit 1302
- 8700 Front Beach Rd Unit 7207
- 8700 Front Beach Rd Unit 5309
- 8700 Front Beach Rd Unit 8107
- 8700 Front Beach Rd Unit 7101
- 8700 Front Beach Rd Unit 7107
- 8700 Front Beach Rd Unit 3208
- 8700 Front Beach Rd Unit 5313
- 8700 Front Beach Rd Unit 4317
- 8700 Front Beach Rd Unit 4216
- 8700 Front Beach Rd Unit 6108
- 8700 Front Beach Rd Unit 4104
- 1906 Anne Ave
- 1910 Anne Ave
- 0 Anne Ave
- 1826 Anne Ave Unit A
- 8600 Front Beach Rd
- 2203 Walosi L103 Way Unit 103
- 2203 Walosi Way Unit 103