Welcome to Unit 5214 at The Island Reserve -- 8700 Front Beach Rd, Panama City Beach, FL 32407
Discover resort-style living in this spacious approximately 1,761 sq ft, 3-bedroom, 2.5-bath condominium -- one of the nicest units in the complex -- located in one of Panama City Beach's most desirable gated communities. Built in 2008, Island Reserve offers a true residential lifestyle with no short-term rentals permitted. Long-term rentals are allowed with a minimum lease term of 6 months and 1 day, making this an ideal primary home, second home, or long-term investment property.
This unit comes furnished at full asking price (or unfurnished, if preferred). Step inside to an open, light-filled layout featuring soaring 10-foot ceilings, crown molding, designer vinyl floors and tile floors, and an inviting living/dining area that flows into a well-appointed kitchen with granite countertops and high-end designer LG appliances. The primary suite provides a private retreat with a generous walk-in closet, soaking tub, and separate shower, plus convenient access to your private balcony that offers a beautiful view of the landscape and the pool. Two additional bedrooms and a convenient half bath complete the flexible floor plan, with in-unit washer/dryer connections for everyday ease.
Residents enjoy exceptional amenities just steps away: a spectacular 1-acre lagoon-style pool with waterfalls, zero-entry access, lap area, hot tub, and outdoor showers; a state-of-the-art fitness center; indoor basketball/pickleball courts; a theater room with large screen; game room; clubhouse; and lush landscaped courtyards with fountains. Garage parking and gated security add convenience and peace of mind.
Located just minutes from the sugar-white sands of the Gulf of America, Pier Park shopping and dining, and other Panama City Beach attractions, Unit 5214 delivers the perfect blend of coastal convenience and upscale resort living. Experience the Island Reserve lifestyle -- schedule your private tour today.
For sale
$369,000
8700 Front Beach Rd Unit 5214, Panama City Beach, FL 32407
3beds
1,761sqft
Condominium
Built in 2008
-- sqft lot
$352,400 Zestimate®
$210/sqft
$819/mo HOA
What's special
Private balconyHot tubGated securityGranite countertopsOutdoor showersOpen light-filled layoutSoaking tub
- 57 days
- 291
- 24
Zillow last checked:
Listing updated:
Listed by:
Tracey A Carico 850-708-2525,
Home Town Realty Partners LLC,
Kelly Hamlin 850-532-1234,
Home Town Realty Partners LLC
Source: CPAR,MLS#: 793666
Originating MLS: Central Panhandle Association of REALTORS
Originating MLS: Central Panhandle Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Rooms
- Room types: Bedroom, Dining Room, Kitchen, Living Room, Other
Bedroom
- Description: master bedroom
- Level: First
- Dimensions: 16 x 12
Bedroom
- Description: guest
- Level: First
- Dimensions: 14 x 10
Bedroom
- Description: guest
- Level: First
- Dimensions: 14 x 10
Dining room
- Level: First
- Dimensions: 10 x 6
Kitchen
- Level: First
- Dimensions: 14 x 12
Living room
- Level: First
- Dimensions: 18 x 17
Other
- Features: Balcony
- Level: First
- Dimensions: 26 x 14
Appliances
- Included: ENERGY STAR Qualified Appliances, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Ice Maker
Features
- Coffered Ceiling(s), Smart Home
Interior area
- Total structure area: 1,761
- Total interior livable area: 1,761 sqft
Property
Accessibility
- Accessibility features: Accessible Closets, Accessible Kitchen, Accessible Central Living Area, Accessible Entrance, Accessible Hallway(s)
Features
- Patio & porch: Balcony
- Pool features: Community
Details
- Parcel number: 40001100174
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Condition
- New construction: No
- Year built: 2008
Utilities & green energy
- Sewer: Public Sewer
- Utilities for property: Underground Utilities
Green energy
- Energy efficient items: Appliances
Community & HOA
Community
- Features: Community Pool
- Subdivision: Island Reserve
HOA
- Has HOA: Yes
- Amenities included: Gated, Barbecue, Spa/Hot Tub
- Services included: Association Management, Clubhouse, Fitness Facility, Internet, Legal/Accounting, Maintenance Grounds, Pest Control, Playground, Pool(s), Recreation Facilities, Tennis Courts, Trash, Water
- HOA fee: $819 monthly
Location
- Region: Panama City Beach
Financial & listing details
- Price per square foot: $210/sqft
- Tax assessed value: $326,400
- Annual tax amount: $3,395
- Date on market: 8/6/2026
- Cumulative days on market: 58 days
Estimated market value
$352,400
$335,000 - $370,000
$2,215/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/6/2026 | Listed for sale | $369,000+5.5%$210/sqft |
Source:  CPAR #793666 Report a problem | ||
| 3/14/2022 | Sold | $349,900-2.8%$199/sqft |
Source: Public Record Report a problem | ||
| 1/25/2022 | Listed for sale | $359,900+84.6%$204/sqft |
Source: Owner Report a problem | ||
| 2/27/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 5/23/2020 | Listing removed | $2,000$1/sqft |
Source: Owner Report a problem | ||
| 5/12/2020 | Price change | $2,000-9.1%$1/sqft |
Source: Owner Report a problem | ||
| 4/3/2020 | Listed for rent | $2,200+29.4%$1/sqft |
Source: Owner Report a problem | ||
| 9/14/2018 | Listing removed | $1,700$1/sqft |
Source: Owner Report a problem | ||
| 7/23/2018 | Listed for rent | $1,700$1/sqft |
Source: Owner Report a problem | ||
| 11/6/2017 | Listing removed | $1,700$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 10/11/2017 | Price change | $1,700-2.9%$1/sqft |
Source: Florida Realty Experts LLC #662499 Report a problem | ||
| 9/3/2017 | Price change | $1,750-2.8%$1/sqft |
Source: Florida Realty Experts LLC #662499 Report a problem | ||
| 8/18/2017 | Listed for rent | $1,800$1/sqft |
Source: Zillow Rental Manager #662499 Report a problem | ||
| 8/14/2017 | Sold | $195,000$111/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,396 +3.2% | $312,512 +2.9% |
| 2024 | $3,291 -1.7% | $303,705 |
| 2023 | $3,349 +47.9% | $303,705 +31.8% |
| 2022 | $2,264 | $230,387 |
| 2021 | -- | -- |
| 2020 | $2,574 +1.3% | $208,335 +2.7% |
| 2019 | $2,541 | $202,895 +10% |
| 2018 | $2,541 +8.2% | $184,450 +11.2% |
| 2017 | $2,349 +7.8% | $165,869 +10% |
| 2016 | $2,178 +17.3% | $150,790 +9.5% |
| 2015 | $1,857 | $137,700 +4.3% |
| 2014 | $1,857 | $131,963 +0.2% |
| 2013 | -- | $131,750 +1.6% |
| 2012 | -- | $129,625 -12.4% |
| 2011 | -- | $147,900 -2.8% |
| 2010 | -- | $152,150 -36.9% |
| 2009 | -- | $241,257 +932.3% |
| 2008 | -- | $23,371 |
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.Climate risks
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.
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