NOT LISTED FOR SALE

Ocean Ritz 10611 Front Beach Rd Unit 302 Panama City Beach, FL 32407

Estimated Value: $662,000 - $700,000

3 Beds
3 Baths
1,322 Sq Ft
$725/mo HOA Fee

Last Sold June 17, 2022

Last sale price $655,000 $495 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $5,121/month

10 Days on Market

Highlights

  • Property fronts gulf or ocean
  • Gated Parking
  • Community Pool
  • J.R. Arnold High School Rated A-
  • Furnished
  • Elevator

About This Home

As of June 2022

**BEST PRICED 3 BR BEACH FRONT CONDO AT OCEAN RITZ** Ocean Ritz 302 has everything you are looking for in a beach front condo! This spacious LOW FLOOR 3 bedroom, 3 bathroom condo features a beach front master bedroom with direct access to the balcony, a beach front living area and kitchen, tile throughout and a large balcony. You will not find a better deal on a low floor 3 BR beach front condo in PCB! Ocean Ritz is a low density building with only 63 units in the entire complex and only 3 units per floor. This means less people on the beach, less

Last Listed By

Lauren Cottrell

Vacasa Real Estate License #3227984 Listed on: 05/11/2022

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,205

Year Built

  • Built in 2006 | Under Construction

Lot Details

  • 174

HOA Fees

  • $725 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Gated Parking

Interior Spaces

  • 1,322 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Breakfast Bar

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Schools

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

Additional Features

  • Balcony
  • Property fronts gulf or ocean
  • Heating Available

Community Details

Overview

  • Association fees include management, cable TV, legal/accounting, pool(s), trash, water
  • High-Rise Condominium
  • Ocean Ritz Subdivision

Amenities

  • Community Barbecue Grill
  • Elevator

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,205

Year Built

Built in 2006 | Under Construction

Lot Details

0

HOA Fees

$725 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2006
  • Property Sub Type: Condominium
  • Lot Size: 0
  • Subdivision Name: Ocean Ritz
  • Architectural Style: High Rise
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Interior Amenities: Breakfast Bar
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Living Area: 1322.0
  • Dining Room Type: Bedroom, Primary Bedroom
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Pool Features: Community
  • View: Gulf
  • View: Yes
  • Waterfront Features: Gulf, Shoreline - Sand, Waterfront
  • Waterfront: Yes
  • Construction Type: Concrete
  • Exterior Features: Balcony
  • Patio And Porch Features: Balcony
  • Property Condition: Under Construction

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage, Gated
  • Garage: Yes
  • Attached Garage: Yes

Utilities

  • Utilities: Electricity Connected
  • Cooling: Ceiling Fan(s)
  • Heating: Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 725.0
  • Community Features: Barbecue, Elevator, Other, Pool, See Remarks, Short Term Rental Allowed, Waterfront
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Association Management, Cable TV, Legal/Accounting, Pool(s), Trash, Water

Schools

  • Middle Or Junior School: Surfside

Lot Info

  • Lot Features: Waterfront

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Annual Amount: 4205.0
  • Tax Year: 2021

MLS Schools

  • Elementary School: Hutchison Beach
  • High School: Arnold

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 31, 2024
Sold by
Vo Lonnie
Bought by
Leftwich James Michael and Leftwich Kim Allison
Total Days on Market
10
Current Estimated Value
$677,349

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$506,250
Outstanding Balance
$503,767
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$173,582

Purchase Details

Listed on
May 11, 2022
Closed on
Jun 2, 2022
Sold by
Lentz Reynolds C and Lentz Margaret D
Bought by
Vo Lonnie
Seller's Agent
Lauren Cottrell
Vacasa Real Estate
Buyer's Agent
Erica Wheeler
Onward Realty Services LLC
List Price
$655,000
Sold Price
$655,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.18%
Original Mortgage
$150,000
Interest Rate
5.1%
Mortgage Type
New Conventional

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
Leftwich James Michael $675,000 Clear Title
Vo Lonnie $655,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leftwich James Michael $506,250
Previous Owner Vo Lonnie $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/02/2023 01/02/23 Off Market $655,000 -- --
06/17/2022 06/17/22 Sold $655,000 0.0% $495 / Sq Ft
05/22/2022 05/22/22 Pending -- -- --
05/11/2022 05/11/22 For Sale $655,000 -- $495 / 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 $7,472 $616,250 -- $616,250
2023 $7,472 $602,225 $0 $602,225
2022 $4,826 $373,065 $0 $0
2021 $4,205 $339,150 $0 $339,150
2020 $3,998 $331,500 $0 $331,500
2019 $3,836 $320,445 $0 $320,445
2018 $3,596 $294,315 $0 $0
2017 $3,142 $276,250 $0 $0
2016 $3,031 $259,545 $0 $0
2015 $2,962 $235,950 $0 $0
2014 $2,563 $214,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2022

    Lauren Cottrell

    Vacasa Real Estate

  • E

    Buyer's Agent in 2022

    Erica Wheeler

    Onward Realty Services LLC

    (850) 499-3840

    16 in this area

    39 Total Sales

    Erica Wheeler
    Section Image
  • Spencer Wheeler

    Buyer Co-Listing Agent in 2022

    Spencer Wheeler

    Onward Realty Services LLC

    (352) 871-8475

    4 in this area

    14 Total Sales

    Spencer Wheeler
    Section Image
See All Agents

About Ocean Ritz

Map

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Source: Central Panhandle Association of REALTORS®

MLS Number: 726419

Central Panhandle Association of REALTORS®

APN: 40000-250-002

Florida Bay County Panama City Beach 32407

10611 Front Beach Rd Unit 302, Panama City Beach, FL

Homes for Sale in Panama City Beach, FL

This home is located at 10611 Front Beach Rd Unit 302, Panama City Beach, FL 32407 since 11 May 2022 and is currently estimated at $677,349, approximately $512 per square foot. This property was built in 2006. 10611 Front Beach Rd Unit 302 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.