For sale

Price cut: $10.9K (10/12)

$419,000

12011 Front Beach Rd Unit 1004b, Panama City Beach, FL 32407

2beds

1,076sqft

$3,895/mo

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Condominium

Built in 2005

-- sqft lot

$398,800 Zestimate^®

$389/sqft

$977/mo HOA

What's special

Enjoy stunning Gulf-front living with a true Gulf-front primary bedroom and gorgeous views from the living room, dining area, and kitchen. This charming condo is perfectly positioned on an ideal floor height to fully capture sweeping views of the Emerald Coast's sugar-white sands and emerald-green waters. Sterling Reef offers a prime Panama City Beach location just steps from Shipwreck Island Water Park and within walking distance to the fishing pier. The resort features outstanding amenities including a bi-level Gulf-front pool (heated seasonally), a fitness center overlooking the pool and beach, a terrace grilling area, an Owner's Lounge with flat-screen TV, and convenient covered parking located directly beneath the building. Whether you're searching for a personal beach getaway or a strong rental investment, this super cute condo is a must-see. Call today to make it yours!

245 days
152
22

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2

Rooms

Room types: Bedroom, Living Room, Primary Bedroom

Primary bedroom

Level: First
Dimensions: 17 x 11

Bedroom

Level: First
Dimensions: 10 x 10

Living room

Level: First
Dimensions: 18 x 15

Heating

Central, Electric

Cooling

Central Air, Ceiling Fan(s)

Appliances

Included: Washer/Dryer Stacked, Electric Oven
Laundry: Stacked

Features

Balcony, Double Vanity, Main Level Primary, Separate Shower

Interior area

Total structure area: 1,076
Total interior livable area: 1,076 sqft

Property

Parking

Parking features: Paved

Features

Patio & porch: Balcony
Pool features: Electric Heat, In Ground, Community
Has view: Yes
View description: Gulf, Water
Has water view: Yes
Water view: Gulf,Water
Waterfront features: Gulf

Lot

Features: Paved

Details

Parcel number: 34809610067
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

Condition

New construction: No
Year built: 2005

Utilities & green energy

Sewer: Public Sewer

Community & HOA

Community

Features: Barbecue, Beach, Clubhouse, Elevator, Fitness Center, Pool, Waterfront, Community Pool, Short Term Rental Allowed
Security: Fire Sprinkler System, Fire Alarm
Subdivision: Sterling Reef

HOA

Has HOA: Yes
Amenities included: Beach Rights, Barbecue, Spa/Hot Tub
Services included: Association Management, Clubhouse, Cable TV, Fitness Facility, Insurance, Internet, Pest Control, Pool(s), Sewer, Trash, Water
HOA fee: $977 monthly

Location

Region: Panama City Beach

Financial & listing details

Price per square foot: $389/sqft
Tax assessed value: $199,750
Annual tax amount: $5,454
Date on market: 2/10/2026
Cumulative days on market: 246 days

Estimated market value

$398,800

$379,000 - $419,000

$2,245/mo

Price history

Date	Event	Price
10/12/2026	Price change	$419,000-2.5%$389/sqft
Source: CPAR #784981 Report a problem
7/29/2026	Price change	$429,900-2.3%$400/sqft
Source: CPAR #784981 Report a problem
7/14/2026	Price change	$440,000-1.1%$409/sqft
Source: CPAR #784981 Report a problem
4/17/2026	Price change	$445,000-7.3%$414/sqft
Source: CPAR #784981 Report a problem
2/10/2026	Listed for sale	$480,000+95.9%$446/sqft
Source: CPAR #784981 Report a problem
5/20/2016	Sold	$245,000-2%$228/sqft
Source: Agent Provided Report a problem
4/2/2016	Listed for sale	$249,900$232/sqft
Source: Keller Williams - Destin #644465 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2015	$2,311 +10.5%	$183,279 +10%
2014	$2,091 +26%	$166,617 +10%
2013	$1,659 +10.3%	$151,470 +10%
2012	$1,504 -26.2%	$137,700 -15.3%
2011	$2,038	$162,565 -8.9%
2010	$2,038 -20.4%	$178,500 -19.1%
2009	$2,560 -13.1%	$220,580 -19.8%
2008	$2,946 -14.7%	$274,890 -16%
2007	$3,452 -33.8%	$327,250 -30%
2006	$5,218 +1152.7%	$467,500 +1458.3%
2005	$417	$30,000