$530,000

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

  • MLS Number: 758123
  • MLS Name: BCAR
  • Office Name: A List Beach Realty LLC

IDX 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: 3/18/2025, 9:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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balcony featuring a water view and a beach view

$530,000

12011 Front Beach Rd Unit 1103B

$6,294

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
Nov 13, 2020
Home Sold
$365,000
Oct 09, 2006
Home Sold
$340,000

Tax history

YearAssessmentProperty 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.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $42,156. Residents of Panama City Beach, FL typically earn between $35k-100k each year. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.

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 WrestlingPro Wrestling
  • College FootballCollege Football
  • SoccerSoccer

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • Express/Express For MenExpress/Express For Men
  • Old NavyOld Navy

Where do the neighbors go to eat?

  • Dominos PizzaDominos Pizza
  • SonicSonic
  • Jimmy JohnsJimmy Johns

What do the neighbors drive?

  • FordFord
  • KiaKia
  • GMCGMC

What do the neighbors listen to?

  • New CountryNew Country
  • OldiesOldies
  • CountryCountry
All data provided by Home Junction and Claritas

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Frequently asked questions

About 12011 Front Beach Rd Unit 1103B

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.

While more than 0 listings in Panama City Beach, FL in February 2025 were sold above asking price, there were more than 11 listings sold at asking price, and more than 75 were sold below. Between January and February 2025, Panama City Beach, FL real estate market has seen increase in the number of listings by 8.1%. While the average time on the market in February 2025 was 120 days, the median list price was $449,377.

From Rocket Homes Real Estate and based on county public records data.

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