$280,000
SOLD MAR 31, 2025

8700 Front Beach Rd Unit 7203 Panama City Beach, FL 32407

3 Beds
2.5 Baths
1,761 Sq Ft
$639/mo HOA Fee

Recently Sold

$159 Per Sq Ft

29% Below List Price

388 Days on Market

Highlights

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

About This Home

As of March 2025

Reduced!!! This is the least expensive 1761 square foot unit in the complex as of 01/10/2025. Three bedroom two and half bathroom second floor condominium unit unit offered as is. The unit is near the parking garage for easy in and out access, and has a view of Front beach Road. All sizes are approximate or taken from other sources, please verify accordingly.

Last Agent to Sell the Property

Victor Jed

CENTURY 21 Commander Realty License #0677327 Listed on: 02/18/2024

CENTURY 21 Commander Realty

Last Buyer's Agent

Cynthia Hadden

Hitchcock Real Estate LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,612

Year Built

  • Built in 2008

Lot Details

  • Security Fence

HOA Fees

  • $639 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • HardiePlank Type

Interior Spaces

  • 1,761 Sq Ft Home
  • 3-Story Property
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Plantation Shutters
  • Living Room

Kitchen

  • Electric Cooktop
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan

Home Security

Parking

  • Detached Garage
  • Open Parking
  • Parking Lot

Outdoor Features

  • In Ground Pool
  • Balcony
  • Covered Patio or Porch

Schools

  • Breakfast Point Elementary And Middle School
  • Arnold High School

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater

Community Details

Overview

  • Association fees include clubhouse, legal/accounting, ground maintenance, pool(s), security, trash
  • Low-Rise Condominium
  • Island Reserve Subdivision

Amenities

  • Clubhouse
  • Elevator

Recreation

  • Community Basketball Court
  • Community Pool

Security

  • 24-Hour Security
  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,612

Year Built

Built in 2008

Lot Details

0

HOA Fees

$639 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2008
  • Property Sub Type: Condominium
  • Lot Size: 0
  • Road Surface Type: Paved
  • Subdivision Name: Island Reserve
  • Architectural Style: Low Rise
  • Entry Level: 2
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Condominium
  • Special Features: RealEstateOwned

Interior Features

  • Appliances: Dishwasher, Electric Cooktop, Electric Water Heater, Disposal, Refrigerator
  • Interior Amenities: High Ceilings, Kitchen Island, Recessed Lighting, Split Bedrooms, Shutters
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 1761.0
  • Dining Room Type: Bedroom, Kitchen, Living Room, Primary Bedroom
  • Stories: 3
  • Window Features: Double Pane Windows, Plantation Shutters
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Pool Features: In Ground, Community
  • Waterfront: No
  • Construction Type: Frame, HardiPlank Type
  • Exterior Features: Balcony
  • Patio And Porch Features: Balcony, Covered, Patio
  • Roof: Composition, Shingle

Garage/Parking

  • Parking Features: Covered, Detached, Open, Parking Lot
  • Garage: No
  • Open Parking: Yes

Utilities

  • Utilities: Water Connected
  • Security Features: Gated Community, 24 Hour Security, Smoke Detector(s), Security Fence
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 1916.23
  • Community Features: Basketball Court, Clubhouse, Elevator, Other, Pool, See Remarks, Sidewalks, Gated
  • Amenities: Gated
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Fee Information

  • Association Fee Includes: Clubhouse, Legal/Accounting, Maintenance Grounds, Pool(s), Security, Trash

Schools

  • Middle Or Junior School: Breakfast Point

Lot Info

  • Zoning Description: Resid Single Family

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Annual Amount: 3612.0
  • Tax Year: 2023

MLS Schools

  • Elementary School: Breakfast Point
  • High School: Arnold

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2024
Closed on
Mar 27, 2025
Sold by
Midfirst Bank
Bought by
Carbonara Marc A and Carbonara Lisa M
Seller's Agent
Victor Jed
CENTURY 21 Commander Realty
Buyer's Agent
Cynthia Hadden
Hitchcock Real Estate LLC
List Price
$394,900
Sold Price
$280,000
Premium/Discount to List
-$114,900
-29.1%
Views
147
Current Estimated Value
$302,326

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,326
Avg. Annual Appreciation
16.23%

Purchase Details

Closed on
Oct 24, 2023
Sold by
Secretary Of Veterans Affairs
Bought by
Midfirst Bank

Purchase Details

Closed on
Oct 9, 2023
Sold by
Parker Richard R
Bought by
New American Funding

Purchase Details

Closed on
Jul 20, 2023
Sold by
Midfirst Bank
Bought by
Secretary Of Veterans Affairs

Purchase Details

Closed on
Jul 5, 2023
Sold by
Parker Richard R
Bought by
New American Funding

Purchase Details

Closed on
Apr 2, 2020
Sold by
Hyden Bruce S and Hyden Elaine O
Bought by
Parker Richard R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,000
Interest Rate
3.2%
Mortgage Type
VA

Purchase Details

Closed on
Feb 26, 2019
Sold by
Worthy Jimmy T and Worthy Susan Renee
Bought by
Hyden Bruce S and Hyden Elaine O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,400
Interest Rate
4.4%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Aug 21, 2015
Sold by
Chapman Marcelia B and Chapman Grady A
Bought by
Worthy Jimmy T and Worthy Susan Renee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,100
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 15, 2010
Sold by
Laird Point Investors Llc
Bought by
Chapman Marcelia B and Chapman Grady A
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed $280,000 None Listed On Document
Quit Claim Deed $280,000 None Listed On Document
Quit Claim Deed -- None Listed On Document
Certificate Of Transfer -- --
Special Warranty Deed $100 None Listed On Document
Quit Claim Deed $100 None Listed On Document
Certificate Of Transfer $291,100 --
Warranty Deed $263,000 Diamond Title Agency Inc
Warranty Deed $258,000 Diamond Title Agency Inc
Warranty Deed $177,400 Mti Title Ins Agency Inc
Warranty Deed $163,000 Mcneese Title Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $263,000 VA
Previous Owner $206,400 Future Advance Clause Open End Mortgage
Previous Owner $87,100 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2025 03/31/25 Sold $280,000 -6.2% $159 / Sq Ft
03/13/2025 03/13/25 Pending -- -- --
02/10/2025 02/10/25 Price Changed $298,400 -6.2% $169 / Sq Ft
01/06/2025 01/06/25 Price Changed $318,000 -1.9% $181 / Sq Ft
12/03/2024 12/03/24 Price Changed $324,000 -4.5% $184 / Sq Ft
10/25/2024 10/25/24 Price Changed $339,400 -7.8% $193 / Sq Ft
09/18/2024 09/18/24 Price Changed $368,000 -2.7% $209 / Sq Ft
08/15/2024 08/15/24 Price Changed $378,400 -4.2% $215 / Sq Ft
02/18/2024 02/18/24 For Sale $394,900 -- $224 / Sq Ft
Source: Central Panhandle Association of REALTORS®

Tax History Compared to Growth

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 $3,612 $303,705 -- $303,705
2023 $3,612 $271,618 $0 $303,705
2022 $2,896 $246,925 $0 $246,925
2021 $2,864 $235,450 $0 $235,450
2020 $2,249 $219,300 $0 $219,300
2019 $2,591 $213,775 $0 $213,775
2018 $2,336 $182,456 $0 $0
2017 $2,178 $165,869 $0 $0
2016 $1,976 $150,790 $0 $0
2015 $1,857 $137,700 $0 $0
2014 $1,779 $131,963 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 752991

Central Panhandle Association of REALTORS®

APN: 40001-100-245