8700 Front Beach Rd Unit 5309 Panama City Beach, FL 32407
Estimated payment $1,328/month
Highlights
- Security Service
- In Ground Pool
- Gated Community
- J.R. Arnold High School Rated A-
- Electric Gate
- Clubhouse
About This Home
*Now Priced BELOW Appraised Value!* 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
Home Design
- HardiePlank Type
Interior Spaces
- 4-Story Property
- Ceiling Fan
- Living Room
- Bonus Room
- Security Gate
Kitchen
- Electric Oven
- Electric Range
Bedrooms and Bathrooms
- 1 Bedroom
Parking
- 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
- Property has a Home Owners Association
- 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 | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/25/2025 11/25/25 | Price Changed | $219,900 | -1.3% | $138 / Sq Ft |
| 10/14/2025 10/14/25 | Price Changed | $222,900 | -2.2% | $140 / Sq Ft |
| 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 | |
| Warranty Deed | $220,000 | None Listed On Document | |
| 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 | |
| Closed | $100,000 | New Conventional | |
| Previous Owner | $134,800 | New Conventional |
Source: Central Panhandle Association of REALTORS®
MLS Number: 774957
APN: 40001-100-183
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.
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