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Sold for $527,000
  • $527,000

    12011 Front Beach Rd Unit 1802B, Panama City Beach, FL 32413

    2beds
    1,076sqft
    Condominium
    Built in 2005
    -- sqft lot
    $399,800 Zestimate®
    $490/sqft
    $2,416 Estimated rent

    Home value

    $399,800

    $380,000 - $420,000

    $2,416/mo

    Zestimate® history
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    What's special

    Location,location,location! Sterling Reef is a 22 story low density luxury Resort in a prime location on Panama City Beach.Walk out the front of the Resort and your within 3 minutes of great fishing at the County Pier next door or a quick walk down the street two blocks and your riding the water slides or relaxing in the lazy River at Shipwreck Island Water park on those double red flag days when the Gulf waters are closed. The Resort is also only 3.5 miles to Pier Park a for dining and fun for the whole crew or 5 miles east to St.Andrews State Park. This prime location also allows you to avoid the highly congested traffic areas during peak season. Unit 1802 offers enough space for the whole family to vacation in comfort and features a gulf front master bedroom and oversized balcony to take in the breathtaking views of the emerald gulf waters below.The master suite features a spacious master bath, large walk in closet and double sliders leading to the balcony. The guest suite is located in the front of the unit to allow for more privacy with a full second bathroom down the hall. The condo comes completely furnished and rental ready. A new HVAC system was installed in 2020 as well. Some of the Resort amenities include a seasonally heated 2 level pool ,a fitness center that offers views of the beach and a grilling area. there is plenty of parking in the parking garage as well. Don't miss your chance to own at Sterling Reef resort.

    Zillow last checked:

    Listing updated:

    Listed by:

    Scott Stanford 850-832-3775,

    LPT Realty LLC

    Bought with:

    Monica M Kubisz

    Hitchcock Real Estate LLC

    Source: CPAR,MLS#: 744615MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: Bedroom, Living Room, Primary Bedroom
    Primary bedroom
    • Description: Gulf Facing
    • Level: First
    • Dimensions: 17 x 11
    Bedroom
    • Dimensions: 10 x 10
    Bedroom
    • Level: First
    • Dimensions: 10 x 10
    Living room
    • Dimensions: 17 x 14
    Heating
    • Heat Pump
    Appliances
    • Included: Washer/Dryer Stacked, Electric Range, Electric Water Heater
    • Laundry: Stacked
    Interior area
    • Total structure area: 1,076
    • Total interior livable area: 1,076 sqft

    Property

    Accessibility
    • Accessibility features: Accessible Common Area, Accessible Hallway(s)
    Features
    • Patio & porch: Balcony
    • Exterior features: Barbecue
    • Pool features: In Ground, Community, Pool
    • Has view: Yes
    • View description: Gulf
    • Has water view: Yes
    • Water view: Gulf
    • Waterfront features: Gulf, Shoreline - Sand
    Details
    • Parcel number: 34809610114
    • 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
    • Foundation: Pillar/Post/Pier
    Condition
    • Year built: 2005

    Utilities & green energy

    • Utilities for property: Cable Connected

    Community & HOA

    Community
    • Features: Beach, Elevator, Pool, Waterfront, Barbecue, Short Term Rental Allowed
    • Security: Fire Sprinkler System, Secured Garage/Parking
    • Subdivision: Sterling Reef
    HOA
    • Has HOA: Yes
    • Amenities included: Other, See Remarks, Beach Rights
    Location
    • Region: Panama City Beach

    Financial & listing details

    • Price per square foot: $490/sqft
    • Tax assessed value: $461,975
    • Annual tax amount: $4,161
    • Date on market: 8/2/2023
    • Cumulative days on market: 4 days

    Price history

    DateEventPrice
    7/18/2025Listing removed$535,000$497/sqft
    Source: CPAR #766304 Report a problem
    6/13/2025Price change$535,000-0.5%$497/sqft
    Source: CPAR #766304 Report a problem
    4/17/2025Price change$537,900-0.4%$500/sqft
    Source: CPAR #766304 Report a problem
    3/23/2025Price change$540,000-0.9%$502/sqft
    Source: CPAR #766304 Report a problem
    3/4/2025Price change$545,000-0.5%$507/sqft
    Source: CPAR #766304 Report a problem
    1/31/2025Price change$547,500-0.5%$509/sqft
    Source: CPAR #766304 Report a problem
    12/17/2024Listed for sale$550,000+4.4%$511/sqft
    Source: CPAR #766304 Report a problem
    9/5/2023Sold$527,000-2.2%$490/sqft
    Source: CPAR #744615 Report a problem
    8/5/2023Pending sale$539,000$501/sqft
    Source: CPAR #744615 Report a problem
    8/2/2023Listed for sale$539,000+95.4%$501/sqft
    Source: CPAR #744615 Report a problem
    4/28/2005Sold$275,900$256/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$5,866 +12.4%$461,975 +30.2%
    2023$5,220 +25.5%$354,833 +10%
    2022$4,161 $322,575
    2021-- --
    2020$3,308 +10.8%$269,488 +10%
    2019$2,985 $244,989 +10%
    2018$2,985 +8.5%$222,717 +10%
    2017$2,752 +19%$202,470 +0.4%
    2016$2,312 +0%$201,607 +10%
    2015$2,311 $183,279 +10%
    2014$2,311 $166,617 +10%
    2013-- $151,470 +10%
    2012-- $137,700 -15.3%
    2011-- $162,565 -8.9%
    2010-- $178,500 -19.1%
    2009-- $220,580 -19.8%
    2008-- $274,890 -16%
    2007-- $327,250 -30%
    2006-- $467,500 +1458.3%
    2005-- $30,000
    Find assessor info on the county website

    Neighborhood: 32413

    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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