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For sale
  • $439,900

    12011 Front Beach Rd Unit 1902B, Panama City Beach, FL 32413

    2beds
    1,076sqft
    : 
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    Condominium
    Built in 2005
    -- sqft lot
    $421,200 Zestimate®
    $409/sqft
    $-- HOA

    What's special

    Fresh updates throughoutNew paintPicnic areasBright modern feelOutdoor grilling stationsUnforgettable sunsetsBeachfront pool
    Experience coastal living at its finest in this stunning 19th floor penthouse Gulf-front condo at Sterling Reef Condominiums. This beautifully updated two-bedroom, two-bath residence offers breathtaking views of the turquoise and emerald-green waters of the Gulf, perfectly complemented by sugar-white sands stretching for miles. Designed for both comfort and style, this turnkey-rental ready condo comfortably sleeps up to six guests and features fresh updates throughout--including new paint completed within the last week, along with a new couch, chair, and rug that bring a bright, modern feel to the space. The open living area flows seamlessly onto a spacious Gulf-front balcony, where you can relax, dine, or simply take in the unforgettable sunsets. The primary suite is a true retreat, complete with a private en-suite bath and its own direct balcony access--perfect for enjoying your morning coffee with the sound of the waves. The second bedroom and full bath provide ample space and privacy for guests or family. Sterling Reef offers exceptional amenities, including a beachfront pool, fitness center, outdoor grilling stations, and picnic areas--everything you need for the perfect beachside lifestyle. The location is unbeatable: situated directly next to M.B. Miller County Pier, you'll have front-row seats to incredible views and fishing opportunities. You're also across the street from Shipwreck Island Waterpark and just minutes from shopping, dining, and entertainment at Pier Park. Even better, enjoy spectacular Independence Day fireworks right from your own balcony--no crowds required. This condo is a proven rental with great rental history. Even better, reservations are already secured for 2026, offering immediate, turnkey income for the next owner. Whether you're looking for a personal getaway, investment property, or vacation rental, this penthouse truly has it all--luxury, location, and lifestyle you simply can't beat.
    65 days
    |
    233
    |
    5
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Kay H Pate 205-382-0647,

    Beach Haven Realty,

    Patrick D Pate 850-381-7273,

    Beach Haven Realty

    Source: CPAR,MLS#: 789284MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Rooms
      • Room types: Living Room, Primary Bedroom
      Primary bedroom
      • Level: First
      • Dimensions: 15 x 11
      Living room
      • Level: First
      • Dimensions: 23 x 14
      Heating
      • Central, Electric
      Cooling
      • Central Air, Ceiling Fan(s)
      Appliances
      • Included: Convection Oven, Washer/Dryer Stacked, Electric Cooktop, Ice Maker
      • Laundry: Stacked
      Features
      • Balcony, Main Level Primary
      Interior area
      • Total structure area: 1,076
      • Total interior livable area: 1,076 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Garage
      • Garage spaces: 2
      Features
      • Patio & porch: Balcony
      • Pool features: Community
      • Spa features: Community
      • Has view: Yes
      • View description: Gulf, Water
      • Has water view: Yes
      • Water view: Gulf,Water
      • Waterfront features: Gulf, Shoreline - Sand
      Details
      • Parcel number: 34809610121
      • 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
      Condition
      • New construction: No
      • Year built: 2005

      Utilities & green energy

      • Sewer: Public Sewer
      • Utilities for property: Phone Available

      Community & HOA

      Community
      • Features: Barbecue, Beach, Park, Pool, Community Pool, Short Term Rental Allowed
      • Security: Security Service
      • Subdivision: Sterling Reef
      HOA
      • Has HOA: Yes
      • Amenities included: Beach Rights, Barbecue, Picnic Area
      Location
      • Region: Panama City Beach

      Financial & listing details

      • Price per square foot: $409/sqft
      • Tax assessed value: $461,975
      • Annual tax amount: $5,465
      • Date on market: 5/2/2026
      • Cumulative days on market: 228 days

        Estimated market value

        $421,200

        $400,000 - $442,000

        $5,460/mo

        Price history

        DateEventPrice
        5/2/2026Listed for sale$439,900+2.3%$409/sqft
        Source: CPAR #789284 Report a problem
        4/2/2026Listing removed$429,900$400/sqft
        Source: ECAOR #987237 Report a problem
        3/11/2026Price change$429,900-3.4%$400/sqft
        Source: ECAOR #987237 Report a problem
        12/17/2025Price change$445,000-7.1%$414/sqft
        Source: ECAOR #987237 Report a problem
        10/9/2025Listed for sale$479,000+112.9%$445/sqft
        Source: CPAR #780214 Report a problem
        9/1/2009Sold$225,000-13.5%$209/sqft
        Source: Public Record Report a problem
        7/25/2008Sold$260,000-54.4%$242/sqft
        Source: Public Record Report a problem
        4/22/2005Sold$570,000$530/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$5,465 +4.7%$390,316 +10%
        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

        Monthly payment

        Est. payment

        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: 32413

        Getting around

        32 / 100
        Car-Dependent
        35 / 100
        Somewhat Bikeable

        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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