tomo logo

$540,000

Beds
2
Baths
2.0
sq ft
1,076

12011 Front Beach Rd Unit 1802B, Panama City Beach, FL 32407

12011 Front Beach Rd Unit 1802B

Panama City Beach, FL 32407

  • 105 days on market
    • Price drop $5,000↓
MOTIVATED SELLER!!!! This unit is 100% RENTAL READY! GULF FRONT MASTER~$3,000 FLOORING ALLOWANCE!Welcome to Sunny Shore Oasis (Sterling Reef 1802B) where your escape to paradise awaits!Unit 1802 is a guest favorite on Airbnb, with outstanding reviews that I encourage you to read! Its charm and reputation consistently earned it 5 stars! Bookings for 2025 are already at $20,000 that the lucky new owner would acquire! New elevators and upgraded building exterior make Sterling Breeze a perfect second home or investment property! Sterling Reef 1802 has a freshly painted interior to match the gulf, professionally decorated with all new furnishing, and it comes fully furnished!!! With breathtaking views you are just steps away from the white sandy beaches and the clear, aquamarine water of the beautiful gulf. Soak in the majestic sunrises and sunsets of Panama City Beach from the balcony off the living room and master bedroom of this gulf-front unit!Property Highlights:- Breathtaking gulf-front views!- Spacious and comfortable 2 bedroom layout.- Private balcony with entrances from living room & master bedroom.- Smart TV's in every bedroom.- Washer/dryer combo in unit.- Resort amenities: 2 pools, beach access, fitness centerThis is a spacious 2 bedroom layout that sleeps 7! It consists of bedroom one with a king bed and stunning view with balcony access, bedroom two with twin over full bunk. There is also a sleeper sofa in the living area that can sleep 2 guests.It doesn't end here! Sterling Reef boasts several amenities such as a pool, and fitness center! Enjoy the local area as well - this low density resort is situated 3 minutes to the county pier for great fishing! It is also walking distance to Shipwreck Island Water Park! If you just want to lounge, beach chairs with umbrellas are available to rent from local beach service located behind the condo. Dining options abound in this area and there is ample shopping and entertainment at Pier Park, just a few miles down the road! The owner is offering a $3000 flooring allowance with purchase.

Details

Property type

Condominium

Est. home value

$534,646

Lot size

Unknown

Price per sq ft

$502

Year built

2005

Annual property taxes

$5,220

Monthly HOA fee

$864

Price History

03/23/2025
CentralPanhandle

CentralPanhandle #766304

Price change
$540,000
-0.92%
03/04/2025
CentralPanhandle

CentralPanhandle #766304

Price change
$545,000
-0.46%
01/31/2025
CentralPanhandle

CentralPanhandle #766304

Price change
$547,500
-0.45%

Schools & Community

Elementary school: 

Hutchison Beach

Middle school: 

Surfside

High school: 

Arnold

Community features: 

Pool

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Community Bank Of Mississippi

Loan start date

September 2023

Original loan amount

$447,950

Est. remaining balance

Not provided

Interest rate

6.78%

Loan type

Future Advance Clause / Open End Mortgage, 30 year

Seller

Alysse Daniels

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Similar Homes Nearby

Price drop
CentralPanhandle
$540,000
2 bd
|
2 ba
|
1,146 sq ft
|
Condo

10625 Front Beach Rd Unit 804, Panama City Beach, FL 32407

CentralPanhandle
$540,000
2 bd
|
2 ba
|
1,076 sq ft
|
Condo

12011 Front Beach Rd Unit 1503B, Panama City Beach, FL 32407

Price drop
CentralPanhandle
$599,900
2 bd
|
2 ba
|
1,135 sq ft
|
Condo

11807 Front Beach Rd Unit 1503, Panama City Beach, FL 32407

Status: Active

Tomo last checked: 04/02/2025 at 4:40 PM

Listing updated: 03/23/2025 at 11:40 AM

Listed by: Monica M Kubisz, Hitchcock Real Estate LLC Phone #: (850) 481-0095

MLS: CentralPanhandle #766304

CentralPanhandle logo