Offered for sale is Ocean Reef Unit 1602, a two-bedroom, two-bath, gulf-front condo with a spacious 10x27 (270+ sq. ft.) balcony. The Unit 1602 floorplan features: a gulf-front living area and gulf-front master bedroom with separate balcony access; tiled floors; luxury vinyl bedroom flooring; and matching tile backsplash and bar facing. The Ocean Reef balcony size is fabulous and sets it apart from many other resorts. From the moment you walk-in you'll notice the beautiful gulf-views from the kitchen, dining, and living areas. The master bedroom features a private bath with double vanity. The guest bedroom is large enough for two beds and offers private access to the guest bathroom. The laundry room includes a side-by-side washer and dryer. Ocean Reef features two pools and a large hot-tub. The gulf-front pool is located directly behind the building. The indoor pool is perfect for colder days. Ocean Reef is perfectly situated! Just to the west, a short walk away, enjoy delicious meals at the beach-front Runaway Island Restaurant or venture across the street for yummy coffee and donuts at A'more or lunch at the Funland Snack Bar. Across the street you'll find the Hidden Lagoon mini golf and golf carts or shop at the large Alvin's Island Gift Shop. The famous Pier Park restaurant, entertainment, and shopping district is just 1.75 miles to the west. The new TopGolf restaurant, bar, and golfing fun is just 1.5 miles to the west. Unit 1602 includes your very own exclusive-use, assigned, parking space on level 2 under the building. No walking across the street or wasted time looking for a parking space. All dimensions and square footages are approximate and to be verified by buyer if important. The HVAC Unit is dated August 2021. *Living rom sofa does not convey.
For sale
Price cut: $7K (6/29)
$458,000
14415 Front Beach Rd Unit 1602, Panama City Beach, FL 32413
2beds
1,146sqft
Condominium
Built in 2008
-- sqft lot
$443,000 Zestimate®
$400/sqft
$-- HOA
What's special
Indoor poolGulf-front condoGulf-front poolBeautiful gulf-viewsTiled floorsLuxury vinyl bedroom flooringMatching tile backsplash
- 295 days |
- 140 |
- 11 |
Zillow last checked:
Listing updated:
Listed by:
John L Smith 850-830-9096,
Distinctive Beach Real Estate
Source: CPAR,MLS#: 778981
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: Kitchen, Living Room, Primary Bedroom
Primary bedroom
- Level: First
- Dimensions: 12 x 12.8
Kitchen
- Level: First
- Dimensions: 10 x 9.2
Living room
- Level: First
- Dimensions: 12 x 13.7
Heating
- Heat Pump
Cooling
- Ceiling Fan(s), Heat Pump
Appliances
- Included: Electric Range, Electric Water Heater
Features
- Balcony, Double Vanity, Main Level Primary, Tub Shower
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, Water
- Has water view: Yes
- Water view: Gulf,Water
- Waterfront features: Gulf, Shoreline - Sand
Details
- Parcel number: 40001250091
- 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
- Roof: Membrane
Condition
- New construction: No
- Year built: 2008
Utilities & green energy
- Sewer: Public Sewer
Community & HOA
Community
- Features: Barbecue, Beach, Conference/Meeting Room, Elevator, Fitness Center, Pool, Sauna, Waterfront, Community Pool, Short Term Rental Allowed
- Security: Building Security, Fire Sprinkler System, 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: $400/sqft
- Tax assessed value: $488,750
- Annual tax amount: $5,644
- Date on market: 9/13/2025
- Cumulative days on market: 296 days
Estimated market value
$443,000
$421,000 - $465,000
$2,501/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/29/2026 | Price change | $458,000-1.5%$400/sqft |
Source: | ||
| 3/9/2026 | Price change | $465,000-13.1%$406/sqft |
Source: | ||
| 9/13/2025 | Listed for sale | $535,000+127.7%$467/sqft |
Source: | ||
| 12/31/2012 | Sold | $235,000$205/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,644 +3.6% | $476,290 +3% |
| 2023 | $5,450 +24.7% | $462,417 +40.9% |
| 2022 | $4,372 | $328,092 |
| 2021 | -- | -- |
| 2020 | $3,338 +12% | $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.
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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 1602
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