$228,000

8700 Front Beach Rd Unit 5312 Panama City Beach, FL 32407

Estimated payment $1,372/month

1 Bed
1.5 Baths
1,588 Sq Ft
$144 Price per Sq Ft

Highlights

  • 24-Hour Security
  • Gated Parking
  • Clubhouse
  • J.R. Arnold High School Rated A-
  • Gated Community
  • Community Pool

About This Home

Do not miss: One of the Best deal at Island Reserve Condo ,centrally located at the heart of Panama City Beach . Elite gated community for Permanent residents , second home owners and long term rentals investors. For outside fun and relaxation, Island Reserve grounds boast an incredible pool, hot tub, courtyard.... Clubhouse with basketball, pickle ball, fitness center, game room, and movie room. This complex does not permit short-term rentals, ensuring a peaceful, community-focused environment. Proximity to Beautiful Beaches, shopping and dining with easy access to Front Beach Rd and Panama City Beach Pkwy.
Unit #5312 is 1588 square feet -2 story 1 bedroom with 1,5 bath has incredible location, with both balconies are facing quite North side for more privacy , and has tons of upgrades : recently painted and decorated with all new furniture ,that unit boasts with spacious living room, extra large enclosed storage space and huge master bedroom with walk in closet. New washer and dryer has been recently installed. The 3rd floor unit is close to elevator and you may park on the 3 rd level as well next to walk thru.
Price is right. Offered fully furnished and move-in ready, this condo is ready for new owners to call it Sweet Home.

Listing Agent

Vladimir Tamarovych

Prok Invest LLC License #3082613 Listed on: 10/22/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,115

Year Built

  • Built in 2008

Home Design

  • Property Attached

Interior Spaces

  • 3-Story Property
  • Ceiling Fan
  • Living Room
  • Tile Flooring
  • Stacked Washer and Dryer

Kitchen

  • Microwave
  • Dishwasher
  • Disposal
  • Instant Hot Water

Bedrooms and Bathrooms

  • 1 Bedroom

Home Security

  • Security Gate
  • Fire and Smoke Detector

Parking

  • Gated Parking
  • Additional Parking

Accessible Home Design

  • Adaptable For Elevator
  • Visitor Bathroom
  • Accessible Common Area
  • Accessible Hallway

Schools

  • Breakfast Point Elementary And Middle School
  • Arnold High School

Additional Features

  • Balcony
  • Central Heating and Cooling System

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include pest control, playground, pool(s), sewer, trash, water
  • Island Reserve Subdivision

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Clubhouse
  • Game Room

Recreation

  • Community Pool

Security

  • 24-Hour Security
  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,115

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Property Type: Residential
  • Accessibility Features: Adaptable For Elevator, Accessible Common Area, Visitor Bathroom, Accessible Hallway(s)
  • Year Built: 2008
  • Property Sub Type: Attached
  • Road Frontage Type: City Street
  • Subdivision Name: Island Reserve
  • Architectural Style: Other
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Property Sub Type Additional: Attached
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Washer/Dryer Stacked, Dishwasher, Disposal, Microwave, Refrigerator
  • Interior Amenities: Instant Hot Water
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Tile
  • Dining Room Type: Kitchen, Living Room, Primary Bedroom, Other
  • Stories: 3

Exterior Features

  • Pool Features: Community
  • Construction Type: Block, Concrete
  • Exterior Features: Balcony
  • Patio And Porch Features: Balcony

Garage/Parking

  • Parking Features: Additional Parking, Gated
  • Garage: No
  • Attached Garage: No

Utilities

  • Security Features: Gated Community, 24 Hour Security, Fire Alarm, Security Gate, Security Service
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Central
  • Laundry Features: Stacked
  • Green Building Features: Dumpster
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Community Features: Barbecue, Clubhouse, Fitness Center, Pool, Gated
  • Senior Community: No
  • Amenities: Game Room, Picnic Area
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Pest Control, Playground, Pool(s), Sewer, Trash, Water

Schools

  • Middle Or Junior School: Breakfast Point

Lot Info

  • Mobile Dim Units: Feet
  • Zoning Description: City

Multi Family

  • Number Of Units Furnished: All Units

Tax Info

  • Tax Annual Amount: 2115.0
  • 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 $2,585 $203,575 -- $203,575
2023 $2,585 $203,575 $0 $203,575
2022 $1,222 $140,313 $0 $0
2021 $1,220 $136,226 $0 $0
2020 $1,215 $141,015 $0 $0
2019 $1,191 $131,325 $0 $131,325
2018 $1,588 $118,278 $0 $0
2017 $1,414 $107,525 $0 $0
2016 $1,295 $97,750 $0 $0
2015 $706 $87,400 $0 $0
2014 $696 $86,706 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/22/2025 10/22/25 For Sale $228,000 -- $144 / Sq Ft
Source: Central Panhandle Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $250,000 Defender Title & Escrow
Interfamily Deed Transfer -- Attorney
Warranty Deed $140,000 Mti Title Agency Inc
Warranty Deed $114,000 Diamond Title Agency Inc
Interfamily Deed Transfer -- None Available
Warranty Deed $113,000 Mcneese Title Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $187,500 New Conventional
Previous Owner $144,620 VA
Source: Public Records

Source: Central Panhandle Association of REALTORS®

MLS Number: 780708

Central Panhandle Association of REALTORS®

APN: 40001-100-186