$256,000

Estimated payment $2,014/month

Total Views 471
1 Bed
1 Bath
1,071 Sq Ft
$239 Price per Sq Ft

Highlights

  • Gated Community
  • Vaulted Ceiling
  • Furnished
  • J.R. Arnold High School Rated A-
  • Bonus Room
  • Community Pool

About This Home

FURNISHED ELEGANCE! Pack your bags and move right into the ONLY furnished unit in Island Reserve! This stunning, turn-key unit is located in the heart of Panama City Beach and is a must-see. Elegantly decorated with upscale furnishings, it offers a breathtaking view of the lagoon-style pool from the 3rd-floor balcony. The community provides gated security and exceptional amenities, offering a lifestyle of luxury just 1.4 miles from the beach. Whether you're seeking a full-time home or a seasonal retreat, this property is your perfect slice of paradise.

Listing Agent

Theresa Callahan

Anchor Realty Florida License #3535200 Listed on: 04/08/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,576

Year Built

  • Built in 2008

HOA Fees

  • $469 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Carport

Interior Spaces

  • 1,071 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Vaulted Ceiling
  • Living Room
  • Bonus Room
  • Tile Flooring

Kitchen

  • Walk-In Pantry
  • Electric Oven or Range
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • En-Suite Primary Bedroom
  • 1 Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Garden Bath

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony

Schools

  • Breakfast Point Elementary And Middle School
  • Arnold High School

Utilities

  • Central Air
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 40001-100-187

Community Details

Overview

  • Association fees include ground keeping, management, recreational faclty, sewer, water, trash
  • Island Reserve Subdivision

Amenities

  • Community Barbecue Grill
  • Game Room
  • Recreation Room
  • Elevator

Recreation

  • Community Pool

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,576

Year Built

Built in 2008

Lot Details

0

HOA Fees

$469 per month

Parking

2

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: ISLAND RESERVE
  • Directions: From Hathaway Bridge go West to Front Beach Road, Turn right into Island Reserve which is on Laurie Ave., Go through Gate, and straight ahead to the Parking Garage for Building 5. Drive to the top level and go down the hall to unit 5313. If inclement weather, you can park on a covered level of the garage and then take the elevator up to the unit on the 3rd floor.
  • Architectural Style: N/A
  • Carport Y N: Yes
  • New Construction: No
  • Year Built: 2008
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Water Heater - Elect: Yes
  • Rooms:Living Room: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Rooms:Bonus Room: Yes
  • Special Features: None

Interior Features

  • Furnished: Furnished - All
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range Hood, Refrigerator W/IceMk, Stove/Oven Electric, Washer, Water Heater - Elect
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Floor Tile
  • Interior Amenities: Ceiling Raised, Kitchen Island, Pantry, Washer/Dryer Hookup
  • Stories: 3
  • Interior:WasherDryer Hookup: Yes
  • Appliances:StoveOven Electric: Yes
  • Appliances Dishwasher: Yes
  • Mstr BdrmMstr Bath:MBath Garden Tub: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Appliances:Range Hood: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Furnished - All: Yes
  • Interior:Kitchen Island: Yes

Exterior Features

  • Pool Features: Pool Type
  • Exterior Features: Balcony
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • Exterior:Balcony: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Covered, See Remarks
  • General Property Info:Garage2: No
  • Parking Features:See Remarks4: Yes
  • Parking Features:Covered: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Sewer: Public Sewer
  • Utilities: Electric, Public Water

Condo/Co-op/Association

  • Community Features: Pickle Ball, BBQ Pit/Grill, Community Room, Dumpster, Elevators, Exercise Room, Game Room, Gated Community, Pool
  • Association #2 Fee: 1408.17
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Ground Keeping, Management, Recreational Faclty, Sewer, Water, Trash

Schools

  • Elementary School: Breakfast Point
  • High School: Arnold
  • Middle Or Junior School: Breakfast Point

Lot Info

  • Parcel #: 40001-100-187

Tax Info

  • Tax Annual Amount: 1576.01
  • Tax Year: 2024

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

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 $1,611 $200,175 -- $200,175
2023 $1,611 $200,175 $0 $200,175
2022 $1,968 $163,625 $0 $0
2021 $1,824 $148,750 $0 $148,750
2020 $1,723 $140,675 $0 $140,675
2019 $1,564 $123,675 $0 $123,675
2018 $1,462 $102,808 $0 $0
2017 $1,308 $93,462 $0 $0
2016 $1,255 $84,965 $0 $0
2015 $1,236 $77,241 $0 $0
2014 $1,057 $70,219 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2025 05/25/25 Price Changed $256,000 +0.8% $239 / Sq Ft
05/25/2025 05/25/25 Price Changed $254,000 -2.3% $237 / Sq Ft
01/03/2025 01/03/25 For Sale $260,000 -- $243 / Sq Ft
Source: Emerald Coast Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $232,000 Omega Title
Quit Claim Deed -- Accommodation
Warranty Deed $143,000 H & S Title And Escrow Inc
Special Warranty Deed $426,500 Northwest Fl Title Svcs Llc
Source: Public Records

Similar Homes in Panama City Beach, FL

  • 8700 Front Beach 5109 Rd Unit 5109, Panama City Beach, FL 32407

    $310,000

    • 2 Beds
    • 2.5 Baths
    • 1,325 Sq Ft
    • 8700 Front Beach 5109 Rd
    • Unit 5109
    • Panama City Beach, FL

    BEST LOCATION IN ISLAND RESERVE !!BEST AMENITIES IN PCB!!!!This beautifully crafted home offers a perfect blend of luxury and sophistication. Every detail, from the rich hardwood floors to the custom plantation shutters, exudes timeless elegance. The gourmet kitchen, adorned with premium Bosch appliances, and upgraded lighting makes this kitchen top notch.With two exquisite bedroom suites on

    Tracye Crass Beach Haven Realty

    Section Image
  • 8730 Thomas Dr Unit 1307A, Panama City Beach, FL 32408

    $213,000

    • 1 Bed
    • 1 Bath
    • 623 Sq Ft
    • 8730 Thomas Dr
    • Unit 1307A
    • Panama City Beach, FL

    Rental projections up to $28K! Your turn-key coastal lifestyle awaits at 1307A in St. Thomas Square. This well-appointed residence, nestled behind private gates and perfectly perched above the vibrant local retail/restaurant spaces of the Plaza, offers over 620 sq ft of meticulously designed living space. Revel in the sophistication of ideal interior upgrades and unwind on your private balcony

    Abigail Davis Corcoran Reverie SRB

    Section Image
  • 9860 S Thomas Dr Unit 1413, Panama City Beach, FL 32408

    $294,000

    • 1 Bed
    • 2 Baths
    • 1,047 Sq Ft
    • 9860 S Thomas Dr
    • Unit 1413
    • Panama City Beach, FL

    Condo in Panama City Beach - 14th Floor Bliss! Welcome to your coastal getaway in the sky! This beautifully maintained turn-key condo on the 14th floor offers breathtaking views and easy Gulf access. Whether you're looking for a full-time residence, vacation home, or investment property, this unit is move-in ready with a new compressor recently installed for your peace of mind. Enjoy resort-style

    Mark Simpson Harrison Lilly Emerald Coast

    Section Image
  • 9860 S Thomas Dr Unit 114, Panama City Beach, FL 32408

    $249,900

    • 1 Bed
    • 2 Baths
    • 1,047 Sq Ft
    • 9860 S Thomas Dr
    • Unit 114
    • Panama City Beach, FL

    Just Reduced $20k! Seller is MOTIVATED! Incredible Investment Opportunity - This is as turn-key as it gets as this is being sold fully-furnished! Everything you see in the photos convey including TVs/furniture/linens, etc. 1BR/2BA Lake-view condo at the beautiful Laketown Wharf Beach Resort. This 1047 sqft unit offers spectacular lake views from the 1st floor, sitting right above the

    Shantel Peterson Real Broker LLC

    Section Image
  • 9860 S Thomas Dr Unit 1804, Panama City Beach, FL 32408

    $310,000

    • 1 Bed
    • 2 Baths
    • 1,047 Sq Ft
    • 9860 S Thomas Dr
    • Unit 1804
    • Panama City Beach, FL

    Motivated Seller! This beautiful turn-key gulf-view condo, sitting on the 18th floor and 1047 square feet, is an investor's dream and is being sold fully-furnished. Just a quick walk to the beautiful white sands and emerald green waters of the Emerald Coast! Laketown Wharf is known for one of the top vacation destinations in Panama City Beach! Annual projections are between $25-35k/year and

    Shantel Peterson Real Broker LLC

    Section Image
  • 520 N Richard Jackson Blvd Unit 2209, Panama City Beach, FL 32407

    $217,000

    • 1 Bed
    • 2 Baths
    • 853 Sq Ft
    • 520 N Richard Jackson Blvd
    • Unit 2209
    • Panama City Beach, FL

    Sellers are motivated and all offers are welcome! Investors dream! This turn-key townhome is being sold fully-furnished (all furniture, appliances, electronics, and cookware). The only items that will not convey are the personal items found in the locked owner's closets. Only 1/3 mile from the beautiful emerald green waters and white sugar sands of the Emerald Coast, this luxurious

    Shantel Peterson Real Broker LLC

    Section Image
  • 17214 Front Beach Rd Unit 6, Panama City Beach, FL 32413

    $274,900

    • 2 Beds
    • 1 Bath
    • 700 Sq Ft
    • 17214 Front Beach Rd
    • Unit 6
    • Panama City Beach, FL

    MOTIVATED SELLER! Just steps from the Gulf on the west end of Panama City Beach, this cozy 2/1 condo is the perfect starter investment condo or use it to just get away from it all. on the second floor, and with views of the Gulf from the kitchen window and the living room window, this great little condo is just what you are looking for. Renovated less than 2 years ago, this is the spot for

    Wanda Jackson The Premier Property Group

    Section Image
  • 17620 Front Beach Rd Unit P2, Panama City Beach, FL 32413

    $289,000

    • 2 Beds
    • 1.5 Baths
    • 1,120 Sq Ft
    • 17620 Front Beach Rd
    • Unit P2
    • Panama City Beach, FL

    Welcome to this beautifully updated 2-bedroom, 1.5-bathroom condo in the highly sought-after Portside Resort. Fully furnished and rental-ready, this unit boasts a strong rental history and future bookings already in place--a true investment gem!Enjoy no rear neighbors, as this unit sits directly across from the tennis courts, offering added privacy and tranquility. The open-concept layout flows

    Angela Tanfield Coastal Choice Realty LLC

    Section Image
  • 101 Cain Rd Unit A, Panama City Beach, FL 32413

    $199,999

    • 1 Bed
    • 1 Bath
    • 410 Sq Ft
    • 101 Cain Rd
    • Unit A
    • Panama City Beach, FL

    On Lake Powell- It is Florida's largest dune lake. Two Pools, bock ramp with large dock for fishing.Perfect for short term rentals or just a GREAT INVESTMENT with this sought after area. Across from Carillon Beach. Convenience is key! Groceries, restaurants,Camp Helen, 30A all just a quick ride.Call today and schedule your showing . This is an incredible location. Do not let this deal pass you

    Tracye Crass Beach Haven Realty

    Section Image

Source: Emerald Coast Association of REALTORS®

MLS Number: 965553

Emerald Coast Association of REALTORS®

APN: 40001-100-187