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For sale
  • Price cut: $5 (10/7)
    $198,890

    8700 Front Beach Rd Unit 3106, Panama City Beach, FL 32407

    1beds
    1,071sqft
    : 
    $1,990/mo
    Get pre-qualified
    Condominium
    Built in 2009
    -- sqft lot
    $191,500 Zestimate®
    $186/sqft
    $563/mo HOA

    What's special

    Bonus roomGranite countertopsTwo covered parking spacesOpen floor designWood and tile floorsCrown moldingSpacious with high ceilings
    The Seller is interested in offering, ''Owner Financing'' , or ''lease to own '' with favorable terms. This could be your new Home, or A Proven Income stream, seller has documented rental income, this is literally a Ground floor opportunity. Ground floor Units come around once in a Blue Moon at Island Reserve. This one has that with two covered parking spaces. The unit has a bonus room that can be used as you like; often as an additional bedroom, or bunk room. This Unit is spacious with high ceilings, and an open floor design, exploiting the warm sunlight. With crown molding, wood and tile floors, granite counter tops and an updated kitchen with modern appliances. The master bedroom has a double vanity with a large tub and shower type design. This residence features a Large laundry area that will accommodate a full size washer and dryer. The Island Reserve Community is not only modern, it is one of the most amenity rich communities in Panama City Beach, featuring an excellent fitness facility, game room, theater room with a huge screen, basketball court and volleyball courts, with a Dream Pool that features a waterfall; all wrapped up in a safe gated area with modern styling. Island Reserve allows Owners to have dogs, which is becoming increasingly rare. It is very close to our beautiful sandy beaches, and centrally located to all that is Panama City Beach, making this an attractive investment opportunity.
    51 days
    264
    21

    Zillow last checked:

    Listing updated:

    Listed by:

    Anthony R Davidson 972-824-3330,

    Local Motion Realty LLC

    Source: CPAR,MLS#: 794306MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 1
      • Bathrooms: 1
      • Full bathrooms: 1
      Rooms
      • Room types: Living Room, Bonus Room
      Living room
      • Description: verify if important
      • Level: First
      • Dimensions: 0 x 0
      Heating
      • Electric
      Cooling
      • Central Air
      Appliances
      • Included: Electric Oven
      Features
      • Walk-In Pantry
      Interior area
      • Total structure area: 1,071
      • Total interior livable area: 1,071 sqft

      Property

      Parking
      • Total spaces: 2
      • Covered spaces: 2
      Features
      • Patio & porch: Covered, Patio
      • Pool features: In Ground, Community
      Details
      • Parcel number: 40001100085
      • Zoning description: Resid Single Family
      • Special conditions: Listed As-Is

      Construction

      Type & style
      • Home type: Condo
      • Architectural style: Low Rise
      • Property subtype: Condominium
      Condition
      • New construction: No
      • Year built: 2009

      Utilities & green energy

      • Sewer: Public Sewer
      • Utilities for property: Cable Connected

      Community & HOA

      Community
      • Features: Basketball Court, Pool, Community Pool, Gated
      • Security: Security Gate, Gated Community
      • Subdivision: Island Reserve
      HOA
      • Has HOA: Yes
      • Amenities included: Other, See Remarks, Game Room, Gated, Picnic Area
      • Services included: Association Management, Clubhouse, Cable TV, Legal/Accounting, Other, Pool(s), See Remarks
      • HOA fee: $1,690 quarterly
      Location
      • Region: Panama City Beach

      Financial & listing details

      • Price per square foot: $186/sqft
      • Tax assessed value: $182,750
      • Annual tax amount: $2,286
      • Date on market: 8/19/2026
      • Cumulative days on market: 51 days

        Estimated market value

        $191,500

        $182,000 - $201,000

        $1,827/mo

        Price history

        DateEventPrice
        10/7/2026Price change$198,8900%$186/sqft
        Source: CPAR #794306 Report a problem
        10/1/2026Listing removed$1,800$2/sqft
        Source: Zillow Rentals Report a problem
        9/28/2026Price change$198,8950%$186/sqft
        Source: CPAR #794306 Report a problem
        9/20/2026Price change$198,900-0.1%$186/sqft
        Source: CPAR #794306 Report a problem
        9/7/2026Listed for rent$1,800+15.4%$2/sqft
        Source: Zillow Rentals Report a problem
        8/19/2026Listed for sale$199,000-20.4%$186/sqft
        Source: CPAR #794306 Report a problem
        3/4/2025Listing removed$1,560$1/sqft
        Source: Zillow Rentals Report a problem
        2/21/2025Listed for rent$1,560$1/sqft
        Source: Zillow Rentals Report a problem
        6/6/2024Listing removed--
        Source: CPAR #754718 Report a problem
        4/30/2024Price change$250,000-2%$233/sqft
        Source: CPAR #754718 Report a problem
        3/24/2024Listed for sale$255,000$238/sqft
        Source: CPAR #754718 Report a problem
        1/1/2024Listing removed--
        Source: CPAR #747534 Report a problem
        12/2/2023Listed for sale$255,000$238/sqft
        Source: CPAR #747534 Report a problem
        10/20/2023Contingent$255,000$238/sqft
        Source: CPAR #747534 Report a problem
        10/5/2023Listed for sale$255,000+27.5%$238/sqft
        Source: CPAR #747534 Report a problem
        12/10/2021Sold$200,000-14.5%$187/sqft
        Source: CPAR #718579 Report a problem
        11/13/2021Pending sale$234,000$218/sqft
        Source: CPAR #718579 Report a problem
        11/1/2021Listed for sale$234,000+80.7%$218/sqft
        Source: CPAR #718579 Report a problem
        6/15/2016Sold$129,500-4.1%$121/sqft
        Source: CPAR #645683 Report a problem
        4/30/2016Listed for sale$135,000+68.1%$126/sqft
        Source: Florida Realty Experts LLC #645683 Report a problem
        6/17/2009Sold$80,300$75/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,287 -8.5%$182,750 -8.7%
        2024$2,500 +2%$200,175 +7%
        2023$2,450 +22.1%$187,000 +10%
        2022$2,006 $170,000
        2021-- --
        2020$969 +2.4%$114,575 +2.3%
        2019$946 $111,999 +1.9%
        2018$946 +1%$109,911 +2.1%
        2017$937 +2%$107,650 +26.7%
        2016$919 -25.7%$84,965 +10%
        2015$1,236 $77,241 +10%
        2014$1,236 $70,219 +10%
        2013-- $63,835 -2.5%
        2012-- $65,450
        2011-- $65,450
        2010-- $65,450 +375.1%
        2008-- $13,775
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 32407

        Getting around

        30 / 100
        Car-Dependent
        57 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Breakfast Point
        • Middle: Breakfast Point
        • 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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