$6,388 Closing Credit¹
#766304, Listing Office: Hitchcock Real Estate LLC
$530,000 List price
12011 Front Beach Rd Unit 1103B Panama City Beach, FL 32407
$6,294
Closing credit¹
2 beds
2 full
1,076 sqft
$493 / sqft
Condo
Property details
About 12011 Front Beach Rd Unit 1103B
Welcome to Sterling Reef, a 22-story luxury condominium complex located midway along Panama City Beach! Here you'll find an uncrowded incredibly wide and expansive beachfront with endless views of our glistening emerald-colored waters! Sterling Reef is but steps to our local county pier to experience abundant fishing just outside your door mere footsteps to an amazing water park, restaurants, convenience stores, and a local host space for multiple seasonal events throughout the year! Investors take note-this fantastic 2 bedroom/2 bath 'Aruba plan' makes for an incredible rental with 25K worth of transferrabe rental income already on books for 2025, and consistent rental income since 2021-present! Originally owned by an interior designer, you'll love coastal inspired furnishings and decor that create the seamless flow between the beach and your very own tranquil space.
Highlights
Home typeCondominium
HeatingCentral, Electric
StatusActive
CoolingCentral Air, Ceiling Fan(s)
Size1,076 sqft
Year built2005
ParkingAttached, Garage
MLS #758123
Attached garage1 space
WaterfrontGulf, Sandy Shoreline
ViewGulf
Summary
- Full Bathrooms: 2
- Appliances: Dryer, Washer/Dryer Stacked, Dishwasher, Electric Cooktop, Electric Oven, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
- Interior: Kitchen Island, Recessed Lighting
- Total Bedroom Count: 2
- Garage Space: 1 space
- Attached Garage: Yes
- Parking: Attached, Garage
- Waterfront: Gulf, Sandy Shoreline
- View: Gulf
- Exterior: Balcony
- Architectural Style: High Rise
- Heating: Central, Electric
- Cooling: Central Air, Ceiling Fan(s)
- List Price: $530,000
- Price/SqFt: $492
- HOA Amount: $864
- HOA Frequency: Monthly
- Annual Tax Amount: $5,220
- Tax Year: 2023
- Directions: Located next to M.B. Miller County Pier on the left.
- Year Built: 2005
- Living Area: 1,076 SqFt
- MLS Number: 758123
- MLS Name: BCAR
- Office Name: A List Beach Realty LLC
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange program of Central Panhandle Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Properties subject to prior sale, change, withdrawal or rental. Copyright© 2025 Central Panhandle Association of REALTORS.© All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/14/2025, 5:20:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$530,000
12011 Front Beach Rd Unit 1103B
$6,294
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Nov 13, 2020 | Home Sold | $365,000 |
| Oct 09, 2006 | Home Sold | $340,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $461,975 | $5,220 |
| 2022 | $376,125 | $4,161 |
| 2021 | $293,250 | $4,161 |
| 2020 | $269,488 | $3,307 |
| 2018 | $222,717 | $2,751 |
| 2017 | $202,470 | $2,311 |
History based on county public records data.
Nearby schools
7
Hutchison Beach Elementary School
Public District KG-5
0.9 mi
•12900 Hutchison Blvd
7
Patronis Elementary School
Public District KG-5
4.0 mi
•7400 Patronis Dr
5
West Bay Elementary School
Public District KG-5
7.2 mi
•14813 School Dr
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $42,156. The most common annual income of people living in Panama City Beach, FL is between $35k-100k. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
37%
<35k
56%
35k-100k
7%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
52%
Single, No Kids
13%
Single, with Kids
19%
Married, No Kids
16%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
14%
<11 yrs old
6%
12-17 yrs old
39%
18-34 yrs old
34%
35-64 yrs old
7%
65+ yrs old
What do the neighbors do for fun?
Pro Wrestling
College Football
Soccer
Where do the neighbors shop?
Family Dollar
Express/Express For Men
Old Navy
Where do the neighbors go to eat?
Dominos Pizza
Sonic
Jimmy Johns
What do the neighbors drive?
Ford
Kia
GMC
What do the neighbors listen to?
New Country
Oldies
Country
All data provided by Home Junction and Claritas
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Frequently asked questions
About 12011 Front Beach Rd Unit 1103B
The listing price of 12011 Front Beach Rd Unit 1103B property is $530,000.
The property 12011 Front Beach Rd Unit 1103B is a condo located in Panama City Beach, Florida, 32407.
Active Listing: 12011 Front Beach Rd Unit 1103B is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 12011 Front Beach Rd Unit 1103B are: Hutchison Beach Elementary School (GreatSchools Rating 7/10), Patronis Elementary School (GreatSchools Rating 7/10), West Bay Elementary School (GreatSchools Rating 5/10), Breakfast Point Academy (GreatSchools Rating 6/10), Surfside Middle School (GreatSchools Rating 6/10), University Academy Sabl Inc (GreatSchools Rating 10/10), J.R. Arnold High School (GreatSchools Rating 5/10), Rising Leaders Academy (GreatSchools Rating 5/10), Central High School (GreatSchools Rating 2/10).
According to the records, the last property tax for 2023 is $5,220 (source: MLS/based on county public records data).
The last sale was on November 13, 2020 for $365,000 (source: MLS/tax record).
The property at 12011 Front Beach Rd Unit 1103B has 2 bedrooms and 2 bathrooms.
The property 12011 Front Beach Rd Unit 1103B is 1,076 SqFt (source: MLS/tax record).
The year of construction for 12011 Front Beach Rd Unit 1103B is 2005.
This home is located at 12011 Front Beach Rd Unit 1103B in Panama City Beach, FL and zip code 32407. This 1,076 square foot home was built in 2005. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 2, 2024 and is currently priced at $530,000.
In April 2025, from all listings sold in Panama City Beach, FL there were more than 1 sold above asking price, over 96 sold below and more than 18 were sold right at the asked price. The number of listings in Panama City Beach, FL increased by 6.2% between March and April 2025. In April 2025, listings were on the market for 92 days. During the same period, the median list price in this real estate market was $439,280.
From Rocket Homes Real Estate and based on county public records data.