NOT LISTED FOR SALE

10901 Front Beach Rd Unit 1603 Panama City Beach, FL 32407

Estimated Value: $542,266 - $604,000

3 Beds
2 Baths
1,185 Sq Ft
$677/mo HOA Fee

Last Sold August 03, 2023

Last sale price $550,000 $464 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $4,358/month

12 Days on Market

Highlights

  • Property fronts gulf or ocean
  • 24-Hour Security
  • Gated Parking
  • J.R. Arnold High School Rated A-
  • Heated In Ground Pool
  • Furnished

About This Home

As of August 2023

Investors alert! Incredible 3-bedroom, 2-bathroom unit located in the heart of Panama City Beach in the Majestic Beach Tower Resort. While this property is in need of upgrading and repairs, it presents an exceptional opportunity to create your perfect beachfront heaven.With a vision & touch of creativity, this 3/2 unit holds the promise of becoming the home/second home & investment property of your dreams. Embrace the opportunity to personalize and upgrade this space, and enjoy a truly remarkable coastal living experience.

Last Listed By

Shakhodat Talipova

RC Real Estate Group Listed on: 06/27/2023

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,997

Year Built

  • Built in 2005

Lot Details

  • 87

HOA Fees

  • $677 Monthly HOA Fees

Home Design

  • Pillar, Post or Pier Foundation
  • Stucco

Interior Spaces

  • 1,185 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Living Room

Kitchen

  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Home Security

Parking

  • Attached Garage
  • Gated Parking
  • Secured Garage or Parking

Outdoor Features

  • Heated In Ground Pool
  • Balcony

Schools

  • Hutchison Beach Elementary School
  • Surfside Middle School
  • Arnold High School

Additional Features

  • Property fronts gulf or ocean
  • Central Heating

Community Details

Overview

  • Association fees include management, cable TV, insurance, internet, legal/accounting, ground maintenance, pest control, tennis courts, trash, water
  • High-Rise Condominium
  • Majestic Beach Tower I Subdivision

Amenities

  • Game Room
  • Meeting Room
  • Elevator

Recreation

  • Tennis Courts
  • Community Pool

Security

  • 24-Hour Security
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,997

Year Built

Built in 2005

Lot Details

0

HOA Fees

$677 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2005
  • Property Sub Type: Condominium
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: Majestic Beach Tower I
  • Architectural Style: High Rise
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Microwave, Refrigerator, Range Hood
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1185.0
  • Dining Room Type: Bedroom, Kitchen, Living Room, Primary Bedroom
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Pool Features: Electric Heat, In Ground, Community
  • Waterfront Features: Gulf
  • Waterfront: Yes
  • Construction Type: Concrete, Stucco
  • Exterior Features: Balcony
  • Foundation Details: Pillar/Post/Pier
  • Patio And Porch Features: Balcony

Garage/Parking

  • Parking Features: Attached, Garage, Gated
  • Garage: No
  • Attached Garage: Yes

Utilities

  • Utilities: Cable Connected, Other, Sewer Connected, Trash Collection, Water Connected
  • Security Features: Fire Alarm, Fire Sprinkler System, Gated with Guard, Secured Garage/Parking, 24 Hour Security, Security Service
  • Cooling: Ceiling Fan(s)
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 2031.17
  • Community Features: Conference/Meeting Room, Elevator, Fitness Center, Game Room, Other, Pool, See Remarks, Short Term Rental Allowed, Tennis Court(s), Waterfront
  • Amenities: Game Room
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Fee Information

  • Association Fee Includes: Association Management, Cable TV, Insurance, Internet, Legal/Accounting, Maintenance Grounds, Pest Control, Tennis Courts, Trash, Water

Schools

  • Middle Or Junior School: Surfside

Lot Info

  • Zoning Description: Resid Single Family

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Annual Amount: 4997.0
  • Tax Year: 2022

MLS Schools

  • Elementary School: Hutchison Beach
  • High School: Arnold

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2023
Closed on
Aug 3, 2023
Sold by
Cunningham Alan
Bought by
Oskey Investments Llc
Seller's Agent
Shakhodat Talipova
RC Real Estate Group
Buyer's Agent
Denise Hindes
EMERALD VIEW REAL ESTATE
List Price
$580,000
Sold Price
$550,000
Premium/Discount to List
-$30,000
-5.17%
Total Days on Market
12
Views
53
Current Estimated Value
$573,817

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,817
Avg. Annual Appreciation
2.48%
Original Mortgage
$357,560
Outstanding Balance
$167,749
Interest Rate
6.67%
Mortgage Type
Credit Line Revolving
Estimated Equity
$406,068

Purchase Details

Closed on
Aug 12, 2005
Sold by
Miller Roy N
Bought by
Cunningham Alan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,750
Interest Rate
5.72%
Mortgage Type
Credit Line Revolving

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Oskey Investments Llc $550,000 Setco Services
Cunningham Alan $587,500 --
Miller Roy N $315,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oskey Investments Llc $357,560
Previous Owner Cunningham Alan $58,750
Previous Owner Cunningham Alan $470,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2023 08/03/23 Sold $550,000 -5.2% $464 / Sq Ft
06/27/2023 06/27/23 For Sale $580,000 -- $489 / Sq Ft
Source: Central Panhandle Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,810 $496,825 -- $496,825
2023 $5,810 $401,115 $0 $496,825
2022 $4,997 $364,650 $0 $0
2021 $4,120 $331,500 $0 $331,500
2020 $3,883 $329,163 $0 $329,163
2019 $3,437 $295,800 $0 $295,800
2018 $3,095 $251,175 $0 $0
2017 $2,849 $250,325 $0 $0
2016 $2,804 $241,698 $0 $0
2015 $2,784 $219,725 $0 $0
2014 $2,389 $199,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2023

    Shakhodat Talipova

    RC Real Estate Group

  • Denise Hindes

    Buyer's Agent in 2023

    Denise Hindes

    EMERALD VIEW REAL ESTATE

    (404) 401-2444

    60 in this area

    67 Total Sales

    Denise Hindes
    Section Image
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Map

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Source: Central Panhandle Association of REALTORS®

MLS Number: 743270

Central Panhandle Association of REALTORS®

APN: 34881-575-212

Florida Bay County Panama City Beach 32407

10901 Front Beach Rd Unit 1603, Panama City Beach, FL

Homes for Sale in Panama City Beach, FL

This home is located at 10901 Front Beach Rd Unit 1603, Panama City Beach, FL 32407 since 27 June 2023 and is currently estimated at $573,817, approximately $484 per square foot. This property was built in 2005. 10901 Front Beach Rd Unit 1603 is a home located in Bay County with nearby schools including J.R. Arnold High School, Hutchison Beach Elementary School, and Surfside Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Central Panhandle Association of REALTORS® IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.