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Sold for $505,000
  • $505,000

    12011 Front Beach Rd Unit 1202b, Panama City Beach, FL 32407

    2beds
    1,076sqft
    Condo
    Built in 2005
    -- sqft lot
    $407,500 Zestimate®
    $469/sqft
    $5,069 Estimated rent

    Home value

    $407,500

    $346,000 - $473,000

    $5,069/mo

    Zestimate® history
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    $3,246/mo

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    What's special

    Motivated Seller! Your beachfront retreat awaits! Enjoy sweeping Gulf views of the white sands and emerald green water from the private balcony, kitchen and master bedroom. Beach inspired and well maintained, this Gulf front condo boasts a master bedroom with a king bed, private bath with tub and balcony access to listen and watch the waves from bed. This vacation rental sleeps 6 comfortably with a guest room and sleeper sofa. Turnkey, rental ready with bookings and projections of $45k+. Sterling Reef is a fantastic location on Panama City Beach, only .5 miles from Shipwreck Island and within walking distance of the fishing pier. Amenities include a seasonally heated 4000sqft bi-level pool, a fitness center overlooking the pool and beach area, an activity room w/ flatscreen TV, and grills on the terrace. 2023-10-13

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Electric
    Cooling
    • Central
    Appliances
    • Included: Refrigerator
    Features
    • Flooring: Tile
    Interior area
    • Total interior livable area: 1,076 sqft

    Property

    Parking
    • Parking features: Garage - Attached
    Features
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    Details
    • Parcel number: 34809610079

    Construction

    Type & style
    • Home type: Condo
    Condition
    • Year built: 2005

    Community & neighborhood

    Location
    • Region: Panama City Beach

    Other

    Other facts
    • Appliance: Refrigerator
    • Waterfront: Yes
    • CoolingSystem: Central

    Price history

    DateEventPrice
    12/29/2023Sold$505,000-3.7%$469/sqft
    Source: Agent Provided Report a problem
    10/14/2023Price change$524,500-2.7%$487/sqft
    Source: Engel & Volkers #739482 Report a problem
    7/25/2023Price change$539,000-3.6%$501/sqft
    Source: Engel & Volkers #739482 Report a problem
    5/3/2023Price change$559,000-2.8%$520/sqft
    Source: Engel & Volkers #739482 Report a problem
    3/2/2023Listed for sale$575,000$534/sqft
    Source: Engel & Volkers #918041 Report a problem
    1/17/2023Listing removed--
    Source: Engel & Volkers Report a problem
    8/16/2022Listed for sale$575,000+70.4%$534/sqft
    Source: Engel & Volkers #906070 Report a problem
    9/18/2020Sold$337,500-3.3%$314/sqft
    Source: Agent Provided Report a problem
    9/1/2020Listed for sale$349,000$324/sqft
    Source: RealJoy Properties LLC #697696 Report a problem
    9/1/2020Pending sale$349,000$324/sqft
    Source: RealJoy Properties LLC #697696 Report a problem
    5/18/2020Listed for sale$349,000$324/sqft
    Source: Realjoy Properties #846620 Report a problem
    4/16/2020Listing removed$349,000$324/sqft
    Source: Keller Williams Realty Emerald #682624 Report a problem
    4/14/2020Listed for sale$349,000$324/sqft
    Source: Keller Williams Realty Emerald #682624 Report a problem
    11/12/2019Listing removed$349,000$324/sqft
    Source: Keller Williams Emerald Coast Realty #682624 Report a problem
    5/25/2019Listed for sale$349,000+21.4%$324/sqft
    Source: Keller Williams Emerald Coast Realty #682624 Report a problem
    4/13/2018Sold$287,500-5.7%$267/sqft
    Source: Agent Provided Report a problem
    3/21/2018Pending sale$305,000$283/sqft
    Source: RC Real Estate Group #669384 Report a problem
    3/17/2018Listed for sale$305,000$283/sqft
    Source: RC Real Estate Group #669384 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2015$2,320 +10.5%$185,130 +10%
    2014$2,100 +26.1%$168,300 +10%
    2013$1,665 +10.7%$153,000 +11.1%
    2012$1,504 -17%$137,700 -15.3%
    2011$1,812 -11.1%$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

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

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    $407,500
    2% more
    +$8,150
    With Zillow Showcase(estimated)
    $415,650