
8700 Front Beach Rd Unit 5309 Panama City Beach, FL 32407
Upper Grand Lagoon NeighborhoodEstimated payment $2,147/month
Highlights
- Security Service
- In Ground Pool
- Clubhouse
- J.R. Arnold High School Rated A-
- Gated Community
- Bonus Room
About This Home
**Under Contract - Seller will consider backup offers** Welcome to Island Reserve -- where resort-style living meets everyday comfort! This beautifully maintained 1 bedroom, 1.5 bath condo offers an impressive amount of storage space within is 1,588 square feet that you truly have to see to believe.Step inside and you'll find soaring 10-foot ceilings on both levels, giving the home a bright and open feel. The main level features an inviting living space, a well-appointed kitchen with custom cabinet organizers, and a half bath for guests. Upstairs, the spacious master suite is a true retreat -- with no neighbors on one side, you will enjoy extra windows that flood the space with natural light. You'll love the separate walk-in closets, double bathroom vanities, and thoughtful built-in upgrades throughout.Need a bit more flexibility? The upstairs 16x4 bonus area makes the perfect private office, cozy reading nook, or even an additional sleeping space for guests.Two balconies -- one on each floor -- overlook the lushly landscaped tropical courtyard and the stunning resort-style pool. Whether you're enjoying your morning coffee or unwinding in the evening, the view is always a treat. There are endless opportunities for entertainment in the community including an indoor basketball/pickle ball court, a fully equipped gym, a community room that can be reserved for parties or gatherings, a theater, and even a library.This condo provides one of the best square footages compared to purchase price of any property near the beach. Moreover, you will feel truly at home, since there are no short-term rentals in Island Reserve. Offered turn-key furnished and move-in ready, this condo is ready for new owners to call it home.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,097
Year Built
- Built in 2008
HOA Fees
- $713 Monthly HOA Fees
Home Design
- Slab Foundation
- HardiePlank Type
Interior Spaces
- 1,588 Sq Ft Home
- 4-Story Property
- Furnished
- High Ceiling
- Ceiling Fan
- Living Room
- Bonus Room
Kitchen
- Electric Oven
- Electric Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 1 Bedroom
Laundry
- Dryer
- Washer
Home Security
Parking
- Attached Garage
- Electric Gate
- Secured Garage or Parking
Pool
- In Ground Pool
- Fence Around Pool
Schools
- Breakfast Point Elementary And Middle School
- Arnold High School
Utilities
- Central Heating and Cooling System
- Electric Water Heater
Additional Features
- Balcony
- Property fronts a private road
Community Details
Overview
- Association fees include clubhouse, cable TV, ground maintenance, pest control, pool(s), recreation facilities, sprinkler, security, trash, water
- Low-Rise Condominium
- Island Reserve Subdivision
Amenities
- Picnic Area
- Clubhouse
- Game Room
- Meeting Room
Recreation
- Community Basketball Court
- Community Pool
- Community Spa
Security
- Security Service
- Gated Community
- 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 | $2,097 | $203,575 | -- | $203,575 |
2023 | $2,097 | $203,575 | $0 | $203,575 |
2022 | $1,156 | $134,630 | $0 | $0 |
2021 | $1,154 | $130,709 | $0 | $0 |
2020 | $1,149 | $141,015 | $0 | $0 |
2019 | $663 | $131,325 | $0 | $0 |
2018 | $653 | $91,747 | $0 | $0 |
2017 | $638 | $89,860 | $0 | $0 |
2016 | $626 | $88,012 | $0 | $0 |
2015 | $640 | $87,400 | $0 | $0 |
2014 | $630 | $86,706 | $0 | $0 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
06/16/2025 06/16/25 | For Sale | $227,900 | -- | $144 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | $220,000 | Collins Lucy C | |
Interfamily Deed Transfer | -- | Accommodation | |
Warranty Deed | $170,000 | Attorney | |
Special Warranty Deed | $125,000 | Mcneese Title Llc |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $100,000 | New Conventional | |
Previous Owner | $134,800 | New Conventional |
Similar Homes in the area
Source: Central Panhandle Association of REALTORS®
MLS Number: 774957

APN: 40001-100-183
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