Offered for sale is Ocean Reef Unit 1505 -- a fully furnished 2-bedroom, 2-bath Gulf-front condominium with an expansive 10x28 private balcony and breathtaking views of the Emerald Coast.
As of May 2026, this beautiful condo is now freshly painted throughout including all walls, doors, and trim. In addition, a new living room sofa has been added.
From the moment you step inside, you're welcomed by stunning Gulf views visible from the entry, kitchen, dining, and living areas. The open-concept floor plan is designed for both comfort and entertaining, featuring elegant tile flooring, coastal décor, and abundant natural light throughout.
Step outside to the oversized balcony with ample space for dining, relaxing, and gathering. Enjoy waterfront meals, morning coffee at sunrise, or unwind in the evening while listening to the soothing sound of the waves while admiring the beautiful sunsets.
The living room offers plush furnishings and a 60'' wall-mounted TV with surround sound for the perfect movie night after a day at the beach. There's even a dedicated workspace for remote work or Zoom meetings -- because paradise and productivity can coexist.
A well-appointed, fully equiped, kitchen features granite countertops, updated lighting, and stainless-steel appliances. The dining area comfortably seats six, with additional seating at the breakfast bar.
The gulf-front primary suite offers balcony access, spectacular water views, a king-size bed, and a private en-suite bath -- your own peaceful retreat by the sea. A spacious guest bedroom accommodates two queen beds and provides private access to the guest bath.
For your convenience, a separate laundry room includes new (2024) Whirlpool side-by-side washer and dryer, plus extra storage.
It gets even better -- this unit includes an assigned, beachside covered parking space directly beneath the building. No searching for parking and no long walks across the street.
Residents of Ocean Reef Resort enjoy over 300 feet of beachfront, a Gulf-front pool and hot tub, indoor pool, fitness center, and sauna. Ideally located just 1.5 miles from Pier Park -- home to premier shopping, dining, and entertainment -- and only one mile from Topgolf. beach-front restaurants, coffee and donut shops, gift stores, mini-golf, go-carts, and more are all within a couple of blocks.
Additional updates include a new A/C and water heater (2019). All dimensions are approximate and should be verified by the buyer if important. This is Gulf-front living at its finest -- add Unit 1505 to your must-see list today. You'll be glad you did.
For sale
$468,000
14415 Front Beach Rd Unit 1505, Panama City Beach, FL 32413
2beds
1,146sqft
Condominium
Built in 2008
-- sqft lot
$446,900 Zestimate®
$408/sqft
$-- HOA
What's special
Updated lightingGranite countertopsExtra storageAbundant natural light throughoutElegant tile flooringSpectacular water viewsKing-size bed
- 132 days |
- 155 |
- 7 |
Zillow last checked:
Listing updated:
Listed by:
John L Smith 850-830-9096,
Distinctive Beach Real Estate
Source: CPAR,MLS#: 785579
Originating 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: Bedroom, Dining Room, Living Room
Bedroom
- Level: First
- Dimensions: 11 x 12.8
Dining room
- Level: First
- Dimensions: 12 x 14
Living room
- Level: First
- Dimensions: 12 x 13.5
Heating
- Heat Pump
Cooling
- Ceiling Fan(s), Heat Pump
Appliances
- Included: Electric Range, Electric Water Heater
Interior area
- Total structure area: 1,146
- Total interior livable area: 1,146 sqft
Property
Parking
- Total spaces: 1
- Parking features: Additional Parking
- Garage spaces: 1
Features
- Patio & porch: Balcony
- Pool features: Gunite, Gas Heat, Indoor, In Ground, Community
- Spa features: Community
- Has view: Yes
- View description: Gulf
- Has water view: Yes
- Water view: Gulf
- Waterfront features: Gulf, Shoreline - Sand
Details
- Parcel number: 40001250085
- 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: Membrane
Condition
- New construction: No
- Year built: 2008
Utilities & green energy
- Sewer: Public Sewer
- Utilities for property: Cable Connected
Community & HOA
Community
- Features: Barbecue, Beach, Conference/Meeting Room, Elevator, Fitness Center, Pool, Sauna, Waterfront, Community Pool, Short Term Rental Allowed
- Security: Building Security, Closed Circuit Camera(s), Fire Sprinkler System, Security Fence, Security Guard, Fire Alarm, Smoke Detector(s), Security Service
- Subdivision: Ocean Reef
HOA
- Has HOA: Yes
- Amenities included: Beach Rights, Barbecue, Sauna, Spa/Hot Tub
Location
- Region: Panama City Beach
Financial & listing details
- Price per square foot: $408/sqft
- Tax assessed value: $488,750
- Annual tax amount: $5,675
- Date on market: 2/20/2026
- Cumulative days on market: 132 days
Estimated market value
$446,900
$425,000 - $469,000
$2,501/mo
Price history
| Date | Event | Price |
|---|---|---|
| 2/20/2026 | Listed for sale | $468,000-10%$408/sqft |
Source: | ||
| 12/11/2025 | Listing removed | $519,900$454/sqft |
Source: | ||
| 9/25/2025 | Listed for sale | $519,900+114.9%$454/sqft |
Source: | ||
| 9/30/2013 | Sold | $241,900$211/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,679 +4.4% | $396,991 +10% |
| 2023 | $5,441 +24.5% | $360,901 +10% |
| 2022 | $4,372 | $328,092 |
| 2021 | -- | -- |
| 2020 | $3,394 +13.9% | $271,150 +10% |
| 2019 | $2,980 | $246,500 +7.4% |
| 2018 | $2,980 +4.8% | $229,500 -3.6% |
| 2017 | $2,845 +5% | $238,000 -0.5% |
| 2016 | $2,710 +3% | $239,275 +8.8% |
| 2015 | $2,631 | $219,938 +7% |
| 2014 | $2,631 | $205,615 -2.5% |
| 2013 | -- | $210,800 +6.5% |
| 2012 | -- | $197,965 +3.3% |
| 2011 | -- | $191,675 |
| 2010 | -- | $191,675 |
| 2009 | -- | $191,675 +379.9% |
| 2008 | -- | $39,937 |
Find assessor info on the county website
Monthly payment
Est. payment$--/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: 32413
Nearby schools
GreatSchools rating
- 7/10Surfside Middle SchoolGrades: PK-12Distance: 0.4 mi
- 8/10Hutchison Beach Elementary SchoolGrades: K-5Distance: 1.2 mi
- 4/10J.R. Arnold High SchoolGrades: 9-12Distance: 2.4 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.
A local lender can help you make sure your offer is ready when you are.
- Florida
- Bay County
- Panama City Beach
- 32413
- 14415 Front Beach Rd Unit 1505
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