Price reduced! Motivated Seller! This condo is sold turn-key, fully furnished and move-in ready. Welcome to Island Reserve -- where resort-style living meets everyday comfort and a true sense of community. This beautifully maintained 1-bedroom, 1.5-bath condo offers an impressive amount of storage space within its 1,588 square feet that you truly have to see to believe. Step inside and you will find soaring 10-foot ceilings on both levels, giving the home a bright and open feel.
The main level features an inviting living space and a well-appointed kitchen enhanced with a custom cabinet organization system. Upstairs, the spacious primary suite is a true retreat. With no neighbors on one side, you will enjoy extra windows that fill the space with natural light as well as a private balcony. The en-suite master bathroom offers a tiled walk-in shower with glass door and a separate soaking tub, double vanities and two walk-in closets.
The interior is filled with thoughtful upgrades, including high-quality shelving in many of the closets and storage areas, under cabinet lighting, granite countertops and tile backsplash. Need a bit more flexibility? The upstairs 16x4 bonus room may serve many different purposes such as a private office, cozy reading nook, additional sleeping space for guests or a nursery. Two balconies -- one on each floor -- overlook what many consider the most beautiful pool and landscaping in Panama City Beach. Whether you are enjoying your morning coffee or unwinding while overlooking the luscious grounds, the view is always a treat. Unlike most condominiums, you can park on the same level as your residence here, making running errands like grocery shopping so much more convenient.
Life here feels like a permanent vacation with endless opportunities for entertainment, including an indoor basketball court and pickleball court, a fully equipped gym, party room, a theater, and a charming library where you can ''give a book, take a book''. The active Social Committee ensures there is always a way to connect, from live music by the pool to community Thanksgiving dinners and holiday parties. Located just minutes from the beach, the airport, and shopping and dining at Pier Park, this condo offers the perfect balance of excitement and serenity. You will feel truly at home, since there are no short-term rentals in Island Reserve.
For sale
$208,200
8700 Front Beach Rd Unit 5309, Panama City Beach, FL 32407
1beds
1,588sqft
Condominium
Built in 2008
-- sqft lot
$201,300 Zestimate®
$131/sqft
$-- HOA
What's special
Private balconyGranite countertopsInviting living spaceSpacious primary suiteSeparate soaking tubBright and open feelWell-appointed kitchen
- 1 day |
- 161 |
- 5 |
Zillow last checked:
Listing updated:
Listed by:
The Beninateam 706-615-5336,
Beachy Beach Real Estate
Source: CPAR,MLS#: 792138
Originating MLS: Central Panhandle Association of REALTORS
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Rooms
- Room types: Bonus Room, Kitchen, Living Room, Primary Bathroom, Primary Bedroom, Other
Primary bedroom
- Level: Second
- Dimensions: 19 x 15
Primary bathroom
- Level: Second
- Dimensions: 12 x 11
Bonus room
- Level: Second
- Dimensions: 16 x 4
Kitchen
- Level: First
- Dimensions: 12 x 11
Living room
- Level: First
- Dimensions: 20 x 19
Other
- Features: Balcony
- Level: First
- Dimensions: 10 x 4
Other
- Features: Balcony
- Level: Second
- Dimensions: 10 x 4
Heating
- Central, Electric
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Electric Oven, Electric Range, Electric Water Heater
Features
- Balcony, Double Vanity, Interior Steps, Sitting Area in Primary, Soaking Tub, Separate Shower, Upper Level Primary, Walk-In Closet(s), Home Theater
Interior area
- Total structure area: 1,588
- Total interior livable area: 1,588 sqft
Property
Parking
- Parking features: Electric Gate, Gated
Features
- Stories: 4
- Patio & porch: Balcony
- Pool features: Fenced, In Ground, Community
- Spa features: Community
Lot
- Features: Paved
Details
- Additional structures: Pool House
- Parcel number: 40001100183
- Zoning description: Resort
- Special conditions: Listed As-Is
Construction
Type & style
- Home type: Condo
- Architectural style: Low Rise
- Property subtype: Condominium
Materials
- HardiPlank Type, Concrete
- Foundation: Slab
Condition
- New construction: No
- Year built: 2008
Utilities & green energy
- Sewer: Public Sewer
- Utilities for property: Cable Connected, Electricity Available, High Speed Internet Available
Community & HOA
Community
- Features: Basketball Court, Clubhouse, Conference/Meeting Room, Fitness Center, Game Room, Media Room, Pool, Community Pool
- Security: Building Security, Secured Garage/Parking, Fire Alarm, Security Gate, Smoke Detector(s), Security Service
- Subdivision: Island Reserve
HOA
- Has HOA: Yes
- Amenities included: Business Center, Game Room, Gated, Picnic Area
Location
- Region: Panama City Beach
Financial & listing details
- Price per square foot: $131/sqft
- Tax assessed value: $203,575
- Annual tax amount: $2,060
- Date on market: 7/2/2026
- Cumulative days on market: 594 days
- Electric utility on property: Yes
Estimated market value
$201,300
$191,000 - $211,000
$2,527/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/2/2026 | Listed for sale | $208,200$131/sqft |
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| 7/2/2026 | Listing removed | $208,200$131/sqft |
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| 6/29/2026 | Price change | $208,200-0.2%$131/sqft |
Source: | ||
| 6/8/2026 | Price change | $208,600-0.1%$131/sqft |
Source: | ||
| 5/30/2026 | Price change | $208,900-0.1%$132/sqft |
Source: | ||
| 5/12/2026 | Price change | $209,200-0.1%$132/sqft |
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| 5/1/2026 | Price change | $209,500-0.2%$132/sqft |
Source: | ||
| 3/30/2026 | Price change | $210,000-2.3%$132/sqft |
Source: | ||
| 3/12/2026 | Price change | $215,000-2.2%$135/sqft |
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| 1/12/2026 | Listed for sale | $219,900$138/sqft |
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| 1/1/2026 | Listing removed | $219,900$138/sqft |
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| 11/25/2025 | Price change | $219,900-1.3%$138/sqft |
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| 10/14/2025 | Price change | $222,900-2.2%$140/sqft |
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| 8/30/2025 | Listed for sale | $227,900$144/sqft |
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| 7/6/2025 | Contingent | $227,900$144/sqft |
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| 6/16/2025 | Listed for sale | $227,900$144/sqft |
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| 6/9/2025 | Listing removed | $227,900$144/sqft |
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| 4/28/2025 | Price change | $227,900-8.8%$144/sqft |
Source: | ||
| 10/25/2024 | Listed for sale | $249,900+13.6%$157/sqft |
Source: | ||
| 3/4/2022 | Sold | $220,000-4.1%$139/sqft |
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| 3/2/2022 | Pending sale | $229,500$145/sqft |
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| 1/22/2022 | Contingent | $229,500$145/sqft |
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| 12/31/2021 | Listed for sale | $229,500$145/sqft |
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| 12/23/2021 | Contingent | $229,500$145/sqft |
Source: | ||
| 12/14/2021 | Pending sale | $229,500$145/sqft |
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| 11/13/2021 | Listed for sale | $229,500+35%$145/sqft |
Source: | ||
| 11/22/2019 | Sold | $170,000+36%$107/sqft |
Source: | ||
| 8/5/2009 | Sold | $125,000$79/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,060 -1.8% | $203,575 |
| 2023 | $2,097 +81.3% | $203,575 +51.2% |
| 2022 | $1,156 | $134,630 |
| 2021 | -- | -- |
| 2020 | $1,149 +73.3% | $128,904 +37.9% |
| 2019 | $663 | $93,490 +1.9% |
| 2018 | $663 +1.5% | $91,747 +2.1% |
| 2017 | $653 +2.4% | $89,860 +2.1% |
| 2016 | $638 -0.4% | $88,012 +0.7% |
| 2015 | $640 | $87,400 +0.8% |
| 2014 | $640 | $86,706 +1.5% |
| 2013 | -- | $85,425 -8.6% |
| 2012 | -- | $93,500 |
| 2011 | -- | $93,500 -4.3% |
| 2010 | -- | $97,750 -55.1% |
| 2009 | -- | $217,556 +947.1% |
| 2008 | -- | $20,777 |
Find assessor info on the county website
Monthly payment
Est. payment$--/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: 32407
Nearby schools
GreatSchools rating
- 7/10Breakfast Point AcademyGrades: PK-8Distance: 2 mi
- 4/10J.R. Arnold High SchoolGrades: 9-12Distance: 2.2 mi
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.
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
- 32407
- 8700 Front Beach Rd Unit 5309
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