Property Attributes
- MLS#789468
- TypeCondos
- Listing Status Active
- CountyBay
- CityPanama City Beach
- Area03 - Bay County - Beach
- NeighborhoodIsland Reserve
- Zip32407
- Style
- Year Built2008
- Taxes$ 2947
- Price$ 269,900
- Bedrooms2
- Full Bathrooms2
- Half Bathrooms1
- Sqr Footage1325
Data Source:
Central Panhandle Association of REALTORS® (CPAR)
Property Description
Set within the gated grounds of Island Reserve, this first-floor residence offers an easygoing take on coastal living with the kind of convenience that is hard to overstate. Positioned just off the parking garage, the condo makes everyday arrivals refreshingly simple, whether unloading groceries, bringing in beach gear or pulling up just outside the patio from the interior road. Inside, 10-foot ceilings, crown molding and a thoughtful split-bedroom layout give the home an airy, comfortable feel suited to both entertaining and quiet retreat. The kitchen is designed for gathering, featuring stainless steel appliances, undercabinet lighting, abundant cabinetry and a generous island bar that anchors the main living space. Recent updates add further appeal, including HVAC replacement in November 2024, a water heater installed two years ago, newer vinyl plank flooring throughout with no carpet, fresh paint and updated vents and light bulbs throughout. Additional recent improvements include a new toilet in the primary bath, professional shower recaulking and cleaning, regrouted kitchen flooring and a deep cleaning that extended to blinds and baseboards. Both bedroom suites offer walk-in closets and direct patio access, creating a rare sense of privacy and connection to the outdoors. One bath includes a soaking tub and separate shower, while the second features a standalone shower. The spacious patio is framed by a colorful mix of shrubs and flowers, offering a more secluded setting for relaxing or sunbathing. Building 7 enjoys a particularly convenient location next to the amenities building and just moments from the community's lagoon-style pool, complete with waterfalls, a hot tub and splash pad. Owners also enjoy access to a modern fitness center, pickleball and basketball court, theater room, pool table and community gathering spaces, along with beautifully landscaped courtyards accented by lighted fountains. HOA dues include pest control and yard maintenance, adding to the ease of ownership. Less than two miles from the beach and close to restaurants, shopping and medical facilities, this golf cart-friendly residence also benefits from a lively social calendar and the added advantage of no short-term rentals. Move in, relax and enjoy.
| Elementary School | Middle School | High School |
|---|---|---|
| Breakfast Point Elementary School | Breakfast Point Middle School | Arnold High School |
| Price History | |
|---|---|
| 5/6/2026 | Listed $275,000 |
| 8/11/2026 | 2$269,900 |
General Features
| Sewer | Public Sewer |
|---|---|
| Utilities | Electricity Available |
| Property Subtype | Condominium |
| Tax Year | 2025 |
| Community Features | Basketball Court,Clubhouse,Elevator,Fitness Center,Media Room,Pool,Community Pool,Gated |
| County | Bay |
| Property Type | Residential |
| HOA | true |
| Subdivision Name | Island Reserve |
| Status | Active |
| Directions | From the Hathaway Bridge, continue west on Front Beach Road and turn right into Island Reserve. Go straight into the parking garage. Unit is on the first floor, in the first building that's left of the parking garage. |
| High School | Arnold |
| City | Panama City Beach |
| MLS Area | 03 - Bay County - Beach |
| Elementary School | Breakfast Point |
| Tax Annual Amount | 2947.6 |
| Middle/Junior High School | Breakfast Point |
| MLS Area Minor | 0320 - Beach - Middle Central |
| Standard Status | Active |
| Property Sub Type Additional | Condominium |
| Association Amenities | Game Room |
| Occupancy Type | Occupied |
| Year Built | 2008 |
| Association Fee Includes | Association Management,Clubhouse,Fitness Facility,Insurance,Legal/Accounting,Maintenance Grounds,Pest Control,Pool(s),Sewer,Security,Trash,Water |
| Heating | Central,Electric |
| Cooling | Central Air |
| Appliances | Electric Cooktop,Electric Oven,Electric Water Heater |
| Patio/Porch Features | Covered,Patio |
| Garage Y/N | true |
| Total Rooms | 7 |
| Full Baths | 2 |
| Garage Spaces | 2 |
| Architectural Style | Low Rise |
| HOA Fee | 2166.52 |
| Assoc Fee Paid Per | Quarterly |
| Pool Features | In Ground,Community |
| Security Features | Gated Community |
| Unit Number | 7107 |
| New Construction | false |
| Spa Features | Community |
Interior Features
| Total Baths | 3 |
|---|---|
| Interior Amenities | Double Vanity,Main Level Primary,Soaking Tub,Separate Shower,Walk-In Closet(s),Home Theater |
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Total Bedrooms | 2 |
| LivingAreaSource | Appraiser |
| Half Baths | 1 |
Exterior Features
| Lot Dimensions | 0x0 |
|---|---|
| Building Area Total | 1325 |
| Waterfront Y/N | false |
| Exterior Amenities | Patio |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Pets
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Condos Average in 32407
In The Neighborhood
Panama City Beach
$ 234,900
- Type
- Condos
- Size
- 1,588 SqFt
- Rooms
- 1 Beds + 1.5 Baths
Panama City Beach
$ 350,000
- Type
- Condos
- Size
- 1,761 SqFt
- Rooms
- 3 Beds + 2.5 Baths
Panama City Beach
$ 198,900
- Type
- Condos
- Size
- 1,071 SqFt
- Rooms
- 1 Beds + 1 Baths
Panama City Beach
$ 250,000
- Type
- Condos
- Size
- 1,325 SqFt
- Rooms
- 2 Beds + 2.5 Baths
Panama City Beach
$ 215,000
- Type
- Condos
- Size
- 1,071 SqFt
- Rooms
- 1 Beds + 1 Baths
Panama City Beach
$ 280,000
- Type
- Condos
- Size
- 1,325 SqFt
- Rooms
- 2 Beds + 2.5 Baths
Panama City Beach
$ 230,000
- Type
- Condos
- Size
- 1,588 SqFt
- Rooms
- 1 Beds + 1 Baths
Panama City Beach
$ 315,000
- Type
- Condos
- Size
- 1,325 SqFt
- Rooms
- 2 Beds + 2.5 Baths
Panama City Beach
$ 368,500
- Type
- Condos
- Size
- 1,761 SqFt
- Rooms
- 3 Beds + 2.5 Baths
Panama City Beach
$ 346,900
- Type
- Condos
- Size
- 1,761 SqFt
- Rooms
- 3 Beds + 2.5 Baths
Panama City Beach
$ 193,000
- Type
- Condos
- Size
- 1,071 SqFt
- Rooms
- 1 Beds + 1 Baths
Panama City Beach
$ 293,000
- Type
- Condos
- Size
- 1,325 SqFt
- Rooms
- 2 Beds + 2.5 Baths
Emerald Coast Association of REALTORS®, Inc. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers
Listing data provided by: Central Panhandle Association of Realtors (CPAR)
Information deemed reliable but not guaranteed. The 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.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating