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Sold for $852,000
  • $852,000

    10611 Front Beach Rd Unit 2201, Panama City Beach, FL 32407

    4beds
    1,637sqft
    Condominium
    Built in 2006
    -- sqft lot
    $852,000 Zestimate®
    $520/sqft
    $2,925 Estimated rent

    Home value

    $852,000

    $801,000 - $903,000

    $2,925/mo

    Zestimate® history
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    What's special

    Four spacious bedroomsBreathtaking gulf viewsHot tub and spaOutdoor grilling areaExpansive outdoor living spaceGulf-front seasonally heated pool
    'CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS' Experience the best of Gulf-front living and investment potential with this exceptional 4-bedroom, 4-bath penthouse residence at Ocean Ritz, one of Panama City Beach's most sought-after low-density beachfront properties. With only three residences per floor and just 63 condos in the entire building, this property offers privacy, space, and unobstructed views of the Emerald Coast. Located on the 22nd-floor penthouse level, this beautifully furnished and fully rental-ready condo features 1,637 sq. ft. of living space and soaring 10-foot ceilings, a full foot taller than the other floors, enhancing the open and airy feel throughout. The thoughtfully designed floor plan includes four spacious bedrooms and four full baths, highlighted by two Gulf-front master suites with direct balcony access, allowing you and your guests to wake up to panoramic views of the Gulf. The open living and dining area flows seamlessly into a well-appointed kitchen with beautiful granite countertops. Tile flooring throughout provides a clean coastal aesthetic with easy maintenance. Step outside to the oversized Gulf-front balcony,approximately 493 sq. ft., one of the largest on the beach, offering breathtaking views over the sugar-white sands and emerald waters. Whether enjoying morning coffee, outdoor dining, or evening sunsets, this expansive outdoor living space is truly the highlight of this condo. For investors, this property delivers strong rental performance and it is sold fully furnished with future bookings already in place, making it a turnkey opportunity. An additional standout feature is the premier oversized covered parking space located under the building on the building side, immediately next to the elevators, a rare and highly desirable convenience for owners and guests. Ocean Ritz amenities include: * Gulf-front seasonally heated pool * Hot tub and spa * Fitness center and sauna * Outdoor grilling area * Low-density beachfront living with only 3 units per floor Situated in the heart of Panama City Beach, Ocean Ritz is just minutes from popular restaurants, shopping, and entertainment while offering direct access to the Emerald Coast's world-famous white sand beaches. Whether you're seeking a high-performing vacation rental investment, a luxurious second home, or both, this penthouse residence offers the ideal combination of location, space, rental income potential, and breathtaking Gulf views.

    Zillow last checked:

    Listing updated:

    Listed by:

    Cindy Shoemaker 850-573-4045,

    Christies International Real Estate Emerald Coast

    Bought with:

    Non Member

    NON-MEMBER OFFICE

    Source: CPAR,MLS#: 786894MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 4
    Primary bedroom
    • Description: if important buyer to verify
    • Level: First
    • Dimensions: 16 x 12
    Primary bedroom
    • Description: if important buyer to verify
    • Level: First
    • Dimensions: 12 x 12
    Bedroom
    • Description: if important buyer to verify
    • Level: First
    • Dimensions: 12 x 11
    Bedroom
    • Description: if important buyer to verify
    • Level: First
    • Dimensions: 12 x 10
    Dining room
    • Description: dining/living combo -if important buyer to verify
    • Level: First
    • Dimensions: 33 x 15
    Kitchen
    • Description: if important buyer to verify
    • Level: First
    • Dimensions: 10 x 9
    Heating
    • Central, Electric
    Cooling
    • Central Air, Ceiling Fan(s)
    Appliances
    • Included: Electric Oven, Electric Water Heater
    Features
    • Balcony, Main Level Primary
    Interior area
    • Total structure area: 1,637
    • Total interior livable area: 1,637 sqft

    Property

    Features
    • Patio & porch: Balcony
    • Pool features: Electric Heat, In Ground, Community
    • Spa features: Community
    • Has view: Yes
    • View description: Gulf, Water
    • Has water view: Yes
    • Water view: Gulf,Water
    • Waterfront features: Gulf
    Details
    • Parcel number: 40000250058
    • Zoning description: Resort
    • 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
    • New construction: No
    • Year built: 2006

    Utilities & green energy

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

    Community & neighborhood

    Security
    • Security features: Fire Alarm, Smoke Detector(s)
    Community
    • Community features: Barbecue, Beach, Elevator, Fitness Center, Pool, Sauna, Waterfront, Community Pool, Short Term Rental Allowed
    Location
    • Region: Panama City Beach
    • Subdivision: Ocean Ritz

    Price history

    DateEventPrice
    6/15/2026Sold$852,000-5.2%$520/sqft
    Source: CPAR #786894 Report a problem
    6/6/2026Pending sale$899,000$549/sqft
    Source: CPAR #786894 Report a problem
    4/17/2026Price change$899,000-1.1%$549/sqft
    Source: ECAOR #998158 Report a problem
    4/3/2026Price change$909,000-1.1%$555/sqft
    Source: ECAOR #998158 Report a problem
    3/16/2026Listed for sale$919,000+66.5%$561/sqft
    Source: CPAR #786894 Report a problem
    1/22/2021Sold$552,000-2.3%$337/sqft
    Source: CPAR #704533 Report a problem
    1/8/2021Contingent$564,900$345/sqft
    Source: CPAR #704533 Report a problem
    11/14/2020Listed for sale$564,900+5.6%$345/sqft
    Source: Keller Williams Success Realty #704533 Report a problem
    11/9/2018Sold$535,000-4.5%$327/sqft
    Source: Public Record Report a problem
    5/8/2018Listed for sale$560,000+17.9%$342/sqft
    Source: Hitchcock Real Estate LLC #671535 Report a problem
    9/21/2012Listing removed$475,000$290/sqft
    Source: Resortquest Real Estate Of Florida Llc #570464 Report a problem
    1/19/2012Listed for sale$475,000$290/sqft
    Source: ResortQuest Real Estate of Florida LLC DBA ResortQuest Real Estate #570464 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$4,173 -11.2%$343,188 -13.2%
    2019$4,697 $395,250 +10.4%
    2018$4,697 +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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    Sell for more on Zillow
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    $852,000
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    $869,040