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For sale
  • Price cut: $29K (3/1)
    $340,000

    8700 Front Beach Rd Unit 1117, Panama City Beach, FL 32407

    3beds
    1,761sqft
    : 
    Condominium
    Built in 2008
    -- sqft lot
    $325,100 Zestimate®
    $193/sqft
    $-- HOA

    What's special

    Outdoor hot tubTwo guest bedroomsLarge master suiteNew refrigeratorSoaking tubKitchen features granite countertopsWalk-in shower
    Welcome to Island Reserve: Resort-Style Living in a Private, Gated Community! This spacious and beautifully upgraded ground-floor condo offers the perfect balance of privacy, comfort, and convenience, just minutes from the white-sand beaches of Panama City Beach. Situated in one of the most private and quiet sections of the community, this 1,761-square-foot residence features three bedrooms and two and a half bathrooms. With washer and dryer included and furniture being negotiable, you can make your move as effortless as you wish! Inside, you'll find 10-foot ceilings and bamboo flooring in the main living area, creating a warm and inviting atmosphere. The large master suite includes a generous walk-in closet, soaking tub, walk-in shower, and direct access to the wrap-around balcony. Two guest bedrooms share a convenient Jack and Jill bathroom, and a dedicated laundry room adds everyday functionality. The kitchen features granite countertops, upgraded cabinetry, and new refrigerator. A newer HVAC system, installed just three years ago, provides energy-efficient comfort year-round. The oversized balcony is perfect for enjoying beautiful sunrises and peaceful evenings. Just steps from your back door, a private hallway leads directly to the covered parking garage for added convenience. Island Reserve is known for its safety, strong sense of community, and impressive amenities. Residents enjoy access to a one-acre resort-style pool with waterfalls, an outdoor hot tub, and poolside showers. The beautifully landscaped central courtyard features gorgeous, lush tropical greenery, creating a serene and luxurious setting throughout the property. The clubhouse includes a 100-inch theater screen, game room with pool tables, modern fitness center, and an indoor basketball and pickleball court. The pet-friendly community also offers walking areas and waste stations throughout. With its ideal location near the beach, shopping, dining, golf courses, and local attractions, Island Reserve offers a rare opportunity to enjoy an upscale yet low-maintenance lifestyle in one of Panama City Beach's most sought-after communities. Schedule your private showing today!
    81 days
    |
    238
    |
    10
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    Zillow last checked:

    Listing updated:

    Listed by:

    Mila Jackson 850-218-7875,

    Real Broker LLC

    Source: CPAR,MLS#: 784854MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      Rooms
      • Room types: Bedroom, Dining Room, Kitchen, Living Room, Primary Bedroom
      Primary bedroom
      • Level: First
      • Dimensions: 16 x 12
      Bedroom
      • Level: First
      • Dimensions: 13 x 10
      Bedroom
      • Level: First
      • Dimensions: 12 x 11
      Dining room
      • Level: First
      • Dimensions: 15 x 11
      Kitchen
      • Level: First
      • Dimensions: 15 x 10
      Living room
      • Level: First
      • Dimensions: 18 x 17
      Cooling
      • Central Air
      Appliances
      • Included: Electric Oven, Electric Range
      Interior area
      • Total structure area: 1,761
      • Total interior livable area: 1,761 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Garage
      • Garage spaces: 2
      Features
      • Patio & porch: Balcony
      • Pool features: Community
      Details
      • Parcel number: 40001100014

      Construction

      Type & style
      • Home type: Condo
      • Architectural style: Low Rise
      • Property subtype: Condominium
      Condition
      • New construction: No
      • Year built: 2008

      Community & HOA

      Community
      • Features: Community Pool
      • Subdivision: Island Reserve
      HOA
      • Has HOA: Yes
      • Amenities included: Game Room, Gated, Picnic Area, Spa/Hot Tub
      Location
      • Region: Panama City Beach

      Financial & listing details

      • Price per square foot: $193/sqft
      • Tax assessed value: $303,705
      • Annual tax amount: $3,772
      • Date on market: 2/7/2026
      • Cumulative days on market: 82 days
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        Estimated market value

        $325,100

        $309,000 - $341,000

        $2,555/mo

        Price history

        DateEventPrice
        3/1/2026Price change$340,000-7.9%$193/sqft
        Source: CPAR #784854 Report a problem
        2/7/2026Listed for sale$369,000$210/sqft
        Source: CPAR #784854 Report a problem
        2/5/2026Listing removed$369,000$210/sqft
        Source: ECAOR #982393 Report a problem
        7/11/2025Listed for sale$369,000+2.8%$210/sqft
        Source: CPAR #776151 Report a problem
        4/13/2022Sold$359,000-2.9%$204/sqft
        Source: ECAOR #892967 Report a problem
        3/13/2022Pending sale$369,900$210/sqft
        Source: ECAOR #892967 Report a problem
        3/10/2022Listed for sale$369,900+34.5%$210/sqft
        Source: ECAOR #892967 Report a problem
        5/20/2021Sold$275,000-1.4%$156/sqft
        Source: ECAOR #872537 Report a problem
        4/18/2021Pending sale$279,000$158/sqft
        Source: CPAR #709500 Report a problem
        3/24/2021Listed for sale$279,000+26.8%$158/sqft
        Source: CPAR #709500 Report a problem
        6/4/2018Listing removed$1,650$1/sqft
        Source: Zillow Rental Manager Report a problem
        5/24/2018Listing removed$220,000$125/sqft
        Source: Pineapple Properties #670893 Report a problem
        5/24/2018Listed for rent$1,650+3.1%$1/sqft
        Source: Zillow Rental Manager Report a problem
        4/22/2018Listed for sale$220,000$125/sqft
        Source: Pineapple Properties #670893 Report a problem
        3/28/2017Listing removed$1,600$1/sqft
        Source: SRE Sandestin Real Estate Sales #769844 Report a problem
        2/24/2017Listed for rent$1,600$1/sqft
        Source: SRE #769844 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$3,772 -1.7%$303,705
        2023$3,837 +56.3%$303,705 +23%
        2022$2,455 $246,925
        2021-- --
        2020$2,708 +4.5%$219,300 +9.3%
        2019$2,591 $200,702 +10%
        2018$2,591 +10.9%$182,456 +10%
        2017$2,336 +7.2%$165,869 +10%
        2016$2,178 +17.3%$150,790 +9.5%
        2015$1,857 $137,700 +4.3%
        2014$1,857 $131,963 +0.2%
        2013-- $131,750 +1.6%
        2012-- $129,625 -12.4%
        2011-- $147,900 -2.8%
        2010-- $152,150 -36.9%
        2009-- $241,257 +927.2%
        2008-- $23,486

        Find assessor info on the county website

        Monthly payment

        Est. payment
        $2,028/mo
        Principal & interest
        $1668
        Property taxes
        $360
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          Climate risks

          Neighborhood: 32407

          Getting around

          32 / 100
          Car-Dependent
          58 / 100
          Bikeable

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • Elementary: Breakfast Point
          • Middle: Breakfast Point
          • High: Arnold

          Source: CPAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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