8700 Front Beach Road UNIT 6305, Panama City Beach, FL 32407 (MLS# 970283)

Sub-Type: Condominium

Design: N/A

SqFt Source: County PA Records

Stories In Unit: 1

Stories in Building: 3

Unit Floors Above Ground: 3

Garage: No

Carport: No

Pool: Yes

Pool Type: Community

Apx SqFt(Htd/Cooled): 1325

Bedrooms: 2

Full Baths: 2

Half Baths: 1

Total Bathrooms: 3

Year Built: 2008

Sold Price/SqFt: 207.55

Status: Sold

Under Contract Date: 2025-04-19

Sold Date: 2025-05-20

Sold Price: $275,000

Listing Board: Emerald Coast

List Price/SqFt: 207.55

List Date: 2025-03-05

Current Price: $275,000

List Price: $275,000

Unit #: UNIT 6305

Sub Area: 2720 - Beach - Middle Central

Elementary School: Breakfast Point

Middle School: Breakfast Point

High School: Arnold

Legal Description: ISLAND RESERVE 31 3S 15W TYPE B-U BLDG 6 UNIT 6305 ORB 3018 P 563 2BR 2.5B 1325 H&C ORB 4168 P 36 145 BALC . MAP 57C4

Who Paid Doc Stamps: Seller

Who Paid Title: Seller

Is Subject Leased: Yes

Assessment Fees: Yes

Rent/Mo: 1850

Assessment Amount: 1736.59

Lease Expiration Dt: 2025-05-01

Annual Assessment Amount: 6946.36

Assessment Paid: Quarterly

New Buyer Fee: No

Last Taxes: 3159.74

Last Tax Year: 2024

Brokerage Interest: No Interest

As Is: Yes

Remarks: OWNER FINANCING NOW OFFERED!!! WITH FULL PRICE OFFER AT 5% INTEREST RATE, AMORTIZED OVER 30 YEARS WITH A 3-YEAR BALLOON PAYMENT DUE. $50K NON-REFUNDABLE DOWN PAYMENT REQUIRED. NO PREPAYMENT PENALTY. BUYER RESPONSIBLE FOR HOA DUES AND PROPERTY TAXES. ESTIMATED MONTHLY PAYMENT OF $1,207.85 (PRINCIPAL AND INTEREST ONLY) BASED ON A $275K PURCHASE PRICE. CREDITWORTHINESS WILL BE CONSIDERED FOR ANY SELLER-FINANCED DEAL. One of the Lowest Priced 2 Bedroom / 2.5 Bath condos in the Entire Complex!! Act now! This 2-bed, 2.5-bath condo in the coveted Island Reserve offers affordable luxury in a gated community. Currently rented at $1,850/month on a flexible, month-to-month lease. Enjoy resort-style living just 1.4 miles from Panama City Beach's famous white sands and close to the Hathaway Bridge.

Construction Complete: 1

BBQ Pit/Grill: 1

Community Room: 1

Dumpster: 1

Elevators: 1

Exercise Room: 1

Gated Community: 1

Minimum Rental Prd: 1

Pets Allowed: 1

Picnic Area: 1

Pool: 1

Short Term Rental - Not Allowed: 1

Whirlpool: 1

Community Sewer: 1

Community Water: 1

Electric: 1

Balcony: 1

Ceiling Crwn Molding: 1

Kitchen Island: 1

Washer/Dryer Hookup: 1

Conventional: 1

VA: 1

Dishwasher: 1

Dryer: 1

Microwave: 1

Refrigerator W/IceMk: 1

Stove/Oven Electric: 1

Washer: 1

AC - Central Elect: 1

Ceiling Fans: 1

Heat Cntrl Electric: 1

Water Heater - Elect: 1

MBath Double Vanity: 1

MBath Garden Tub: 1

MBath Separate Shwr: 1

MBath Tile: 1

MBath Walk-In Closet: 1

MBed Carpeted: 1

MBed First Floor: 1

First: 1

First: 1

First: 1

Bedroom: 1

Kitchen: 1

Living Room: 1

Accounting: 1

Ground Keeping: 1

Insurance: 1

Management: 1

Security: 1

Sewer: 1

Trash: 1

Water: 1

Month To Month: 1

Area: 27 - Bay County

Street #: 8700

Street Name: Front Beach

Street Suffix: Road

State: FL

Zip Code: 32407

County: Bay

Project Name/Subdivision: ISLAND RESERVE

Parcel ID: 40001-100-219