$485,000
SOLD FEB 28, 2025
2 Beds
2 Baths
1,427 Sq Ft
$1,429/mo HOA Fee

Recently Sold

$340 Per Sq Ft

7% Below List Price

104 Days on Market

Highlights

  • Beach
  • Property fronts gulf or ocean
  • Furnished
  • Patronis Elementary School Rated A-
  • Clubhouse
  • Community Pool

About This Home

As of February 2025

CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS. Tucked along the sugar-white sands of Panama City Beach, this 2BR/2BA fully furnished Gulf-front condo in Coral Reef Resort offers sweeping views from the master bedroom, living area, and balcony, making it the perfect coastal retreat. Spacious and filled with natural light, the condo features durable tile and vinyl plank flooring throughout, complemented by cozy carpeted bedrooms for added comfort. Coral Reef recently underwent significant post-Hurricane Michael renovations, giving it the feel of a brand-new complex, with updated windows, doors, a refinished pool, and new walkways leading to its private beach. The resort boasts two tropical pools (one heated seasonally), a sun deck, a fitness center, and beautifully landscaped grounds with BBQ grills and picnic tables, along with a Gulf-side gazebo for relaxing outdoor living. Located on the quieter east end of Panama City Beach, Coral Reef strikes the perfect balance of seclusion and convenience, with nearby shopping, dining, marinas, and St. Andrews State Park. The intimate setting of only 82 units enhances its tranquil atmosphere and is ideal for those seeking a second home or vacation rental. Ready to embrace the coastal lifestyle? Schedule your private viewing today and make this Gulf-front escape yours!

Last Agent to Sell the Property

Duran Group

Berkshire Hathaway HomeServices Beach Properties of Florida

Last Buyer's Agent

Melany Hathcock

CENTURY 21 Ryan Realty Inc License #SL3462926

CENTURY 21 Ryan Realty Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,695

Year Built

  • Built in 1999

HOA Fees

  • $1,429 Monthly HOA Fees

Interior Spaces

  • 1,427 Sq Ft Home
  • Furnished
  • Ceiling Fan

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Schools

  • Patronis Elementary School
  • Surfside Middle School
  • Arnold High School

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater

Additional Features

  • Balcony

Community Details

Overview

  • Association fees include cable TV, internet, legal/accounting, pest control, sewer, trash, water
  • High-Rise Condominium
  • Coral Reef Condo Subdivision

Amenities

  • Community Barbecue Grill

Recreation

  • Beach
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,695

Year Built

Built in 1999

Lot Details

0

HOA Fees

$1,429 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1999
  • Property Sub Type: Condominium
  • Lot Size: Condo
  • Subdivision Name: Coral Reef Condo
  • Architectural Style: High Rise
  • Entry Level: 13
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator
  • Interior Amenities: Breakfast Bar
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 1427.0
  • Dining Room Type: Bedroom, Primary Bedroom
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Pool Features: Community
  • Waterfront Features: Gulf, Waterfront
  • Waterfront: Yes
  • Construction Type: Concrete
  • Exterior Features: Balcony
  • Patio And Porch Features: Balcony

Garage/Parking

  • Garage: No

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 4287.82
  • Community Features: Barbecue, Beach, Clubhouse, Fitness Center, Pool, Short Term Rental Allowed, Waterfront
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Fee Information

  • Association Fee Includes: Cable TV, Internet, Legal/Accounting, Pest Control, Sewer, Trash, Water

Schools

  • Middle Or Junior School: Surfside

Lot Info

  • Lot Features: Waterfront

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Annual Amount: 5695.0
  • Tax Year: 2023

MLS Schools

  • Elementary School: Patronis
  • High School: Arnold

Map

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

Property History

Date Event Price Change Sq Ft Price
02/28/2025 02/28/25 Sold $485,000 0.0% $340 / Sq Ft
12/18/2024 12/18/24 Price Changed $485,000 -2.8% $340 / Sq Ft
11/12/2024 11/12/24 Price Changed $499,000 -3.9% $350 / Sq Ft
10/01/2024 10/01/24 For Sale $519,000 -- $364 / Sq Ft
Source: Central Panhandle Association of REALTORS®

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 $5,695 $459,216 -- --
2023 $5,695 $417,469 $0 $496,825
2022 $4,582 $379,517 $0 $0
2021 $4,230 $345,015 $0 $0
2020 $3,856 $313,650 $0 $313,650
2019 $3,903 $314,458 $0 $314,458
2018 $3,599 $284,325 $0 $0
2017 $3,629 $284,750 $0 $0
2016 $3,543 $272,850 $0 $0
2015 $3,574 $267,750 $0 $0
2014 $3,335 $250,000 $0 $0
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $260,000 Credit Line Revolving
Closed $260,000 Credit Line Revolving
Previous Owner $333,600 Purchase Money Mortgage
Previous Owner $230,000 Purchase Money Mortgage
Closed $41,600 No Value Available
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed $485,000 None Listed On Document
Warranty Deed $485,000 None Listed On Document
Warranty Deed $469,000 Lawyers Title Agency Of Nort
Warranty Deed $290,000 --
Source: Public Records

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Source: Central Panhandle Association of REALTORS®

MLS Number: 763390

Central Panhandle Association of REALTORS®

APN: 30585-990-927