Ocean Ritz 503 offers the ultimate Gulf-front retreat with 4 bedrooms, 4 full bathrooms, including 2 Gulf-front primary suites, and an expansive 12.5' x 40' balcony designed to maximize the breathtaking Emerald Coast views. The living room and both Gulf-front primary bedrooms open directly to the oversized balcony through stunning floor-to-ceiling sliding glass doors, creating seamless indoor-outdoor living and filling the space with natural light and panoramic Gulf views. This beautifully maintained condo includes a highly desirable assigned parking space.
Updated in April 2020, the unit features new furniture, décor, and mattresses, creating a fresh coastal ambiance throughout. Major improvements include a complete HVAC system replacement in 2016 with an Airborne virus-killing blue light ionization air purifier, plus a new hot water heater and washer/dryer installed in 2019.
Ocean Ritz amenities include a Gulf-front pool, hot tub, fitness center, sauna, and steam room. Conveniently located near Pier Park, Shipwreck Island Waterpark, and St. Andrews State Park, this spacious beachfront condo is ideal as a primary residence, second home, or investment property - offering luxury, comfort, and convenience in the heart of Panama City Beach.
For sale
$908,000
10611 Front Beach Rd Unit 503, Panama City Beach, FL 32407
4beds
1,637sqft
Condominium
Built in 2006
-- sqft lot
$856,800 Zestimate®
$555/sqft
$-- HOA
What's special
Hot tubFresh coastal ambianceGulf-front poolPanoramic gulf viewsSpacious beachfront condoGulf-front retreatBreathtaking emerald coast views
- 44 days |
- 220 |
- 9 |
Zillow last checked:
Listing updated:
Listed by:
Abbott Martin Group 850-460-2900,
EXP Realty LLC,
Cali A Wilson 850-832-1577,
EXP Realty LLC
Source: CPAR,MLS#: 790308
Originating MLS: Central Panhandle Association of REALTORS
Loading...
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Rooms
- Room types: Bedroom, Kitchen, Living Room, Primary Bedroom, Other
Primary bedroom
- Level: First
- Dimensions: 16 x 11
Bedroom
- Description: secondary master
- Level: First
- Dimensions: 15 x 11.8
Bedroom
- Level: First
- Dimensions: 12 x 11.08
Bedroom
- Level: First
- Dimensions: 12 x 10.66
Kitchen
- Level: First
- Dimensions: 10 x 10
Living room
- Level: First
- Dimensions: 31 x 14
Other
- Description: One of the largest covered balconies on the beach!
- Features: Balcony
- Level: First
- Dimensions: 40 x 12.5
Heating
- Electric
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Electric Cooktop, Electric Oven, Electric Water Heater
Features
- Balcony, Double Vanity, Main Level Primary, Tub Shower
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
- Pool features: In Ground, Community
- Spa features: Community
- Has view: Yes
- View description: Gulf, Water
- Has water view: Yes
- Water view: Gulf,Water
- Waterfront features: Gulf, Shoreline - Sand
- Frontage length: 140
Lot
- Features: Paved
Details
- Parcel number: 40000250009
- 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
- Block, Concrete, Stucco
- Foundation: Pillar/Post/Pier
- Roof: Flat
Condition
- New construction: No
- Year built: 2006
Utilities & green energy
- Sewer: Public Sewer
- Utilities for property: Electricity Available, High Speed Internet Available
Community & HOA
Community
- Features: Barbecue, Beach, Elevator, Fitness Center, Pool, Sauna, Waterfront, Community Pool, Short Term Rental Allowed
- Security: Fire Sprinkler System, Fire Alarm, Smoke Detector(s)
- Subdivision: Ocean Ritz
HOA
- Has HOA: Yes
- Amenities included: Barbecue
Location
- Region: Panama City Beach
Financial & listing details
- Price per square foot: $555/sqft
- Tax assessed value: $845,750
- Annual tax amount: $7,948
- Date on market: 5/23/2026
- Cumulative days on market: 45 days
- Electric utility on property: Yes
Estimated market value
$856,800
$814,000 - $900,000
$2,925/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/23/2026 | Listed for sale | $908,000+1%$555/sqft |
Source: | ||
| 10/22/2022 | Listing removed | -- |
Source: | ||
| 10/10/2022 | Price change | $899,000-6.4%$549/sqft |
Source: | ||
| 7/14/2022 | Price change | $960,000-1.5%$586/sqft |
Source: | ||
| 7/4/2022 | Listed for sale | $975,000$596/sqft |
Source: | ||
| 6/6/2022 | Pending sale | $975,000$596/sqft |
Source: | ||
| 6/2/2022 | Listed for sale | $975,000$596/sqft |
Source: | ||
| 4/26/2022 | Listing removed | -- |
Source: | ||
| 4/21/2022 | Listed for sale | $975,000+74.1%$596/sqft |
Source: | ||
| 9/24/2019 | Listing removed | $560,000$342/sqft |
Source: ResortQuest Real Estate #681857 Report a problem | ||
| 3/28/2019 | Listed for sale | $560,000+27.6%$342/sqft |
Source: ResortQuest Real Estate #681857 Report a problem | ||
| 9/4/2015 | Listing removed | $439,000$268/sqft |
Source: ResortQuest Real Estate #630506 Report a problem | ||
| 4/4/2015 | Listed for sale | $439,000$268/sqft |
Source: Resortquest Real Estate Of Florida Llc #630506 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $8,398 +17.4% | $502,462 +10% |
| 2023 | $7,155 +19.1% | $456,784 +10% |
| 2022 | $6,005 | $415,258 |
| 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 | -- | $378,250 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 32407
Nearby schools
GreatSchools rating
- 8/10Hutchison Beach Elementary SchoolGrades: K-5Distance: 2.1 mi
- 7/10Surfside Middle SchoolGrades: PK-12Distance: 3.2 mi
- 4/10J.R. Arnold High SchoolGrades: 9-12Distance: 1.8 mi
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.
A local agent can set up tours, give advice and negotiate with sellers.
- Florida
- Bay County
- Panama City Beach
- 32407
- 10611 Front Beach Rd Unit 503
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Panama City Beach Topics
- Apartments for Rent in 32407
- Houses for Sale in 32407
- Houses for Rent in 32407
- 32407 Real Estate
- Panama City Beach Condos
- Houses for Sale in Panama City Beach
- Newest Listings in Panama City Beach
- Panama City Beach Home Values
- Panama City Beach Real Estate Agents
- Panama City Beach Refinance
- Panama City Beach Mortgage Rates




