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Sold for $850,000
  • $850,000

    10611 Front Beach Rd Unit 2103, Panama City Beach, FL 32407

    4beds
    1,637sqft
    Condominium
    Built in 2006
    -- sqft lot
    $819,100 Zestimate®
    $519/sqft
    $2,925 Estimated rent

    Home value

    $819,100

    $745,000 - $901,000

    $2,925/mo

    Zestimate® history
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    What's special

    Welcome to your slice of paradise at Ocean Ritz, one of Panama City Beach's premier beachfront destinations! This rare 4-bedroom, 4-bathroom penthouse-level condo offers a unique blend of elegance and comfort. Enjoy breathtaking moments from your oversized balcony with unobstructed west-facing sunset views. Whether you're seeking a permanent residence, a vacation home, or a lucrative rental investment, this condo epitomizes coastal living. With 1,637 sq. ft. of living space, this condo has one of the most expansive and sought-after floor plans on the beach. You and your guests will love the 10' high ceilings, crown molding, and custom 8' doors. The unit features four beautifully decorated bedrooms, including two Gulf front suites with sliding doors leading to the expansive balcony. The four full baths feature high-end finishes, and the primary suite offers a luxurious jetted tub, perfect for unwinding after a day on the beach. At approximately 493 sq. ft., the balcony is one of the largest in the area, offering panoramic Gulf views. It's the perfect space for entertaining, dining al fresco, or simply relaxing while watching stunning sunsets. Enjoy the convenience of the building's covered, assigned parking beside the high-speed, air-conditioned elevators. Dip in the seasonally heated Gulf front pool or relax in the jacuzzi spa. Stay active in the on-site fitness area and unwind in the sauna. The grilling area is ideal for barbecue enthusiasts who enjoy cooking with a view. Situated in the heart of Panama City Beach, Ocean Ritz is surrounded by various dining, shopping, and entertainment options. The vibrant tourism scene ensures there's always something exciting happening, from local festivals to beachfront activities. This turn-key condo is rental-ready with an excellent rental history, making it an ideal investment property. The demand for vacation rentals in Panama City Beach remains strong year-round, thanks to the area's beautiful beaches, pleasant climate, and numerous attractions. The Emerald Coast is renowned for its stunning white-sand beaches and crystal-clear waters. Enjoy a subtropical climate with mild winters, warm summers, and abundant opportunities for eco-tourism, state parks, and marine life encounters. Take advantage of owning in this low-density building with only 63 units and 3 per floor. Fully furnished and ready to enjoy, this condo is the perfect place to call home or add to your investment portfolio. Contact us for more information or to schedule a private showing. Now is the time to start living your dream beach life! **All measurements and information is approximate.... to be verified by buyer or buyer's agent if important.**

    Zillow last checked:

    Listing updated:

    Listed by:

    Candi E Miles 850-596-6793,

    Compass Florida, LLC,

    Brad Amerson LLC 850-276-4130,

    Compass Florida, LLC

    Bought with:

    K. Coralee King-Denmark, 3240533

    Coldwell Banker Carroll Realty

    Source: CPAR,MLS#: 757467MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 4
    Primary bedroom
    • Level: First
    • Dimensions: 16.4 x 11.6
    Bedroom
    • Level: First
    • Dimensions: 12.2 x 11.1
    Bedroom
    • Level: First
    • Dimensions: 12 x 10.11
    Bedroom
    • Level: First
    • Dimensions: 15.2 x 11.1
    Living room
    • Level: First
    • Dimensions: 14.58 x 18.83
    Heating
    • Central, Electric
    Cooling
    • Central Air, Ceiling Fan(s)
    Appliances
    • Included: Electric Water Heater
    Interior area
    • Total structure area: 1,637
    • Total interior livable area: 1,637 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Garage
    • Garage spaces: 1
    Features
    • Patio & porch: Balcony
    • Exterior features: Barbecue
    • Pool features: In Ground, Community
    • Has view: Yes
    • View description: Gulf
    • Has water view: Yes
    • Water view: Gulf
    • Waterfront features: Gulf
    Details
    • Parcel number: 40000250057
    • 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
    • Foundation: Pillar/Post/Pier
    Condition
    • Year built: 2006

    Utilities & green energy

    • Utilities for property: Cable Connected, Electricity Available, Phone Connected

    Community & neighborhood

    Community
    • Community features: Elevator, Fitness Center, Fishing, Pool, Barbecue, Short Term Rental Allowed
    Location
    • Region: Panama City Beach
    • Subdivision: Ocean Ritz

    Price history

    DateEventPrice
    12/2/2024Sold$850,000-5.2%$519/sqft
    Source: CPAR #757467 Report a problem
    10/15/2024Contingent$897,000$548/sqft
    Source: CPAR #757467 Report a problem
    7/10/2024Price change$897,000-3%$548/sqft
    Source: CPAR #757467 Report a problem
    5/21/2024Listed for sale$925,000+68.2%$565/sqft
    Source: CPAR #757467 Report a problem
    9/14/2020Sold$550,000+36.6%$336/sqft
    Source: Public Record Report a problem
    3/8/2016Sold$402,500-8.3%$246/sqft
    Source: CPAR #636242 Report a problem
    9/15/2015Listed for sale$439,000-6.4%$268/sqft
    Source: Counts Real Estate Group Inc #636242 Report a problem
    3/20/2008Sold$469,000$286/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$9,036 +16.8%$616,586 +10%
    2023$7,740 +20.1%$560,533 +10%
    2022$6,447 $509,575
    2021-- --
    2020$4,173 -11%$343,188 -12.9%
    2019$4,691 $393,905 +10%
    2018$4,691 +7.8%$358,095 +5.2%
    2017$4,349 +12.6%$340,425 +11.3%
    2016$3,863 +16.5%$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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    $819,100
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    With Zillow Showcase(estimated)
    $835,482