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Sold for $805,000
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  • $805,000

    10611 Front Beach Rd Unit 1101, Panama City Beach, FL 32407

    4beds
    1,637sqft
    Condominium
    Built in 2006
    -- sqft lot
    $794,000 Zestimate®
    $492/sqft
    $3,007 Estimated rent

    Home value

    $794,000

    $723,000 - $873,000

    $3,007/mo

    Zestimate® history
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    What's special

    Wraparound balconyHot tubGranite countertopsNew modern furnishingsBbq areaCorner unitBeachfront pool
    Currently under contract, seller will consider backup offers. Experience unparalleled beachside living at Ocean Ritz #1101, a rare 4 bedroom, 4 bathroom corner unit ideally situated in the heart of Panama City Beach. This spacious, fully updated gulf front condo offers unobstructed views of the emerald waters and sugar white sands from one of the largest balconies in the area(493 square feet)comfortably accommodating up to 14 guests outdoors for dining, lounging or sunset viewing. With 1637 square feet of bright, open concept living space, this retreat is thoughtfully appointed with: Floor to ceiling glass sliders showcasing panoramic gulf views, new modern furnishings and updates(less than 2 years old), granite countertops, stainless steel appliances(all less than 2 years old), newer stainless steel washer and dryer(less than 3 years old), HVAC replaced July of 2024 for peace of mind and efficiency. Designed to sleep 12 guests comfortably, the unit features 4 full bathrooms, making it an exceptional option for large families or vacation groups. The wraparound balcony is an entertainers dream, ideal for sunrise cocktails, or simply soaking in the serene sounds of the surf. Exceptional short term rental performance:Approximately $120,000 gross revenue for 2 years in a row. Self managed(no property management fees). 5 star guest ratings on Airbnb and VRBO. Listing ID numbers 2540134 and 38773493. Ocean Ritz is a low density, well managed building with only 3 units per floor, offering a private atmosphere and premium amenities including a beachfront pool, hot tub, fitness center, sauna, BBQ area, an assigned covered parking spot, and plenty of guest parking. All information is approximate and should be verified by buyers if important

    Zillow last checked:

    Listing updated:

    Listed by:

    Mario Gobel 850-527-5878,

    RE/MAX SELECT Partners

    Bought with:

    Mario Gobel, 0647660

    RE/MAX SELECT Partners

    Source: CPAR,MLS#: 774913MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 4
    Primary bedroom
    • Description: Gulf Front
    • Level: First
    • Dimensions: 16 x 11
    Primary bedroom
    • Description: Gulf Front
    • Level: First
    • Dimensions: 16 x 11
    Bedroom
    • Level: First
    • Dimensions: 12 x 11
    Bedroom
    • Level: First
    • Dimensions: 12 x 11
    Primary bathroom
    • Level: First
    • Dimensions: 7 x 10
    Dining room
    • Description: Living/Dining Room Combo
    • Level: First
    • Dimensions: 37 x 15
    Kitchen
    • Level: First
    • Dimensions: 10 x 8
    Heating
    • Central, Electric
    Cooling
    • Central Air, Ceiling Fan(s)
    Appliances
    • Included: Electric Range, Electric Water Heater
    Interior area
    • Total structure area: 1,637
    • Total interior livable area: 1,637 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Additional Parking, Gated, Parking Lot
    • Garage spaces: 1
    Features
    • Patio & porch: Balcony, Covered, Porch
    • Pool features: Gunite, In Ground, Community
    • Spa features: Community
    • Has view: Yes
    • View description: Gulf
    • Has water view: Yes
    • Water view: Gulf
    • Waterfront features: Gulf, Shoreline - Sand
    Lot
    • Features: Paved
    Details
    • Parcel number: 40000250025
    • Zoning description: Resid Multi-Family
    • Special conditions: Listed As-Is

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: High Rise
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Concrete, Stucco
    Condition
    • New construction: No
    • Year built: 2006

    Utilities & green energy

    • Sewer: Public Sewer
    • Utilities for property: Cable Connected, Electricity Available, Phone Connected, Underground Utilities

    Community & neighborhood

    Security
    • Security features: Secured Garage/Parking, Gated Community, 24 Hour Security, Key Card Entry, Security Service, Smoke Detector(s)
    Community
    • Community features: Barbecue, Beach, Elevator, Fitness Center, Pool, Waterfront, Community Pool, Gated, Short Term Rental Allowed
    Location
    • Region: Panama City Beach
    • Subdivision: Ocean Ritz

    Price history

    DateEventPrice
    9/4/2025Sold$805,000+0.8%$492/sqft
    Source: CPAR #774913 Report a problem
    9/3/2025Pending sale$799,000$488/sqft
    Source: CPAR #774913 Report a problem
    8/5/2025Contingent$799,000$488/sqft
    Source: CPAR #774913 Report a problem
    7/29/2025Price change$799,000-9.2%$488/sqft
    Source: CPAR #774913 Report a problem
    6/30/2025Price change$880,000-0.6%$538/sqft
    Source: CPAR #774913 Report a problem
    6/14/2025Listed for sale$885,000+29.2%$541/sqft
    Source: CPAR #774913 Report a problem
    11/12/2021Sold$685,000-2%$418/sqft
    Source: Public Record Report a problem
    8/25/2021Listed for sale$699,000+105.6%$427/sqft
    Source: Owner Report a problem
    4/26/2011Sold$340,000-2.6%$208/sqft
    Source: Public Record Report a problem
    10/14/2010Price change$349,000-11.6%$213/sqft
    Source: The Premier Property Group, LLC #541854 Report a problem
    9/17/2010Listed for sale$395,000$241/sqft
    Source: The Premier Property Group, LLC #541854 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$9,641 +16.1%$724,625 +10%
    2023$8,306 +19.8%$658,750 +9.5%
    2022$6,932 $601,800
    2021-- --
    2020$4,239 -9.6%$343,188 -12.9%
    2019$4,691 $393,905 +10%
    2018$4,691 +7.8%$358,095 +6.5%
    2017$4,349 +13.2%$336,320 +10%
    2016$3,843 +15.9%$305,745 +10%
    2015$3,316 $277,950
    2014$3,316 $277,950 -3.1%
    2013-- $286,875
    2012-- $286,875 +17.7%
    2011-- $243,667 -6%
    2010-- $259,250 -26.3%
    2009-- $351,955 -2.1%
    2008-- $359,338 -5%
    2007-- $378,250

    Find assessor info on the county website

    Neighborhood: 32407

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Hutchison Beach
    • Middle: Surfside
    • High: Arnold

    Source: CPAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    $794,000
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    $809,880