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.
For sale
Price cut: $5 (10/7)
$198,890
8700 Front Beach Rd Unit 3106, Panama City Beach, FL 32407
1beds
1,071sqft
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
- 51 days
- 264
- 21
Zillow last checked:
Listing updated:
Listed by:
Anthony R Davidson 972-824-3330,
Local Motion Realty LLC
Source: CPAR,MLS#: 794306
Originating 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
| Date | Event | Price |
|---|---|---|
| 10/7/2026 | Price change | $198,8900%$186/sqft |
Source: | ||
| 10/1/2026 | Listing removed | $1,800$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/28/2026 | Price change | $198,8950%$186/sqft |
Source: | ||
| 9/20/2026 | Price change | $198,900-0.1%$186/sqft |
Source: | ||
| 9/7/2026 | Listed for rent | $1,800+15.4%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/19/2026 | Listed for sale | $199,000-20.4%$186/sqft |
Source: | ||
| 3/4/2025 | Listing removed | $1,560$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/21/2025 | Listed for rent | $1,560$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/6/2024 | Listing removed | -- |
Source: | ||
| 4/30/2024 | Price change | $250,000-2%$233/sqft |
Source: | ||
| 3/24/2024 | Listed for sale | $255,000$238/sqft |
Source: | ||
| 1/1/2024 | Listing removed | -- |
Source: | ||
| 12/2/2023 | Listed for sale | $255,000$238/sqft |
Source: | ||
| 10/20/2023 | Contingent | $255,000$238/sqft |
Source: | ||
| 10/5/2023 | Listed for sale | $255,000+27.5%$238/sqft |
Source: | ||
| 12/10/2021 | Sold | $200,000-14.5%$187/sqft |
Source: | ||
| 11/13/2021 | Pending sale | $234,000$218/sqft |
Source: | ||
| 11/1/2021 | Listed for sale | $234,000+80.7%$218/sqft |
Source: | ||
| 6/15/2016 | Sold | $129,500-4.1%$121/sqft |
Source: | ||
| 4/30/2016 | Listed for sale | $135,000+68.1%$126/sqft |
Source: Florida Realty Experts LLC #645683 Report a problem | ||
| 6/17/2009 | Sold | $80,300$75/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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
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Neighborhood: 32407
Nearby schools
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.






