Property Attributes
- MLS#1010964
- TypeCondos
- Listing Status Active
- CountyBay
- CityPanama City Beach
- AreaBay County
- NeighborhoodISLAND RESERVE
- Zip32407
- StyleN-A
- Year Built2008
- Taxes$ 2106
- Price$ 350,000
- Bedrooms3
- Full Bathrooms2
- Half Bathrooms1
- Sqr Footage1761
Data Source:
Emerald Coast MLS (ECAR)
Property Description
Welcome to Unit 1217 at Island Reserve, located in one of Panama City Beach's most desirable gated residential communities. Offering 3 bedrooms, 2.5 bathrooms, and a spacious, flexible floor plan, this beautifully designed unit is ideal as a primary residence, second home, or long-term investment property. Island Reserve does not permit short-term rentals, creating a true residential atmosphere, while long-term rentals are allowed with a minimum lease term of 6 months and 1 day. Inside, you'll find an open concept living area with high ceilings, stainless steel appliances, and plenty of space for both everyday living and entertaining. The primary suite features a generous walk-in closet, soaking tub, and separate walk-in shower. One of the highlights of the unit is the large wraparound corner balcony overlooking the resort-style pool, providing an incredible outdoor extension of the living space. Island Reserve is known for its exceptional amenities, including a lagoon-style pool with zero-entry access, hot tub, outdoor showers, fitness center, indoor basketball and pickleball courts, theater room, game room, clubhouse, and gated parking garage. HOA dues include utilities with the exception of electricity and personal Wi-Fi upgrades, along with exterior maintenance and repairs and pest control. All of this is located just minutes from the sugar-white sandy beaches of Panama City Beach, giving you the convenience of being close to the beach while enjoying the privacy, security , and residential feel of a gated community. Unit 1217 offers the space, amenities, and location to enjoy the best of the Panama City Beach lifestyle without the constant turnover of short-term rentals. Some furnishings are negotiable. Schedule your showing today!
| Elementary School | Middle School | High School |
|---|---|---|
| Breakfast Point Elementary School | Breakfast Point Middle School | Arnold High School |
| Price History | |
|---|---|
| 8/31/2026 | Listed $350,000 |
General Features
| Utilities | Electric,Public Water |
|---|---|
| Property Subtype | Condominium |
| Community Features | Short Term Rental - Not Allowed,BBQ Pit/Grill,Community Room,Dumpster,Exercise Room,Gated Community,Pool,Tennis |
| County | Bay |
| Property Type | Residential |
| Subdivision Name | ISLAND RESERVE |
| Status | Active |
| Buyer Financing | Conventional,FHA,VA |
| Directions | From Destin on US-98 E, Take FL-30 W/Front Beach Rd to Allison Ave, turn right, the destination is on the right |
| High School | Arnold |
| City | Panama City Beach |
| MLS Area | 27 - Bay County |
| Lot Size Units | Acres |
| Elementary School | Breakfast Point |
| Middle/Junior High School | Breakfast Point |
| MLS Area Minor | 2720 - Beach - Middle Central |
| Standard Status | Active |
| Sewer | Public Sewer |
| Tax Assessed Value | 2678 |
| Heating | Central |
| Cooling | Central Air |
| Architectural Style | N/A |
| Year Built | 2008 |
| Tax Year | 2025 |
| New Construction | false |
| Attached Garage | false |
| Total Rooms | 5 |
| Carport Y/N | false |
| Property Condition | Construction Complete |
| Association Fee Includes | Security,Sewer,Water,Trash |
| Pool Features | Pool Type |
| Unit Number | UNIT 1217 |
| HOA | true |
Interior Features
| Total Baths | 3 |
|---|---|
| Interior Amenities | Ceiling Crwn Molding,Ceiling Tray/Cofferd,Kitchen Island,Lighting Track,Washer/Dryer Hookup |
| Flooring | Floor Tile,Floor Vinyl |
| Air Conditioning Y/N | true |
| Heating Y/N | true |
Exterior Features
| Exterior Amenities | Balcony |
|---|---|
| Building Area Total | 1761 |
| Parking Features | Garage |
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
$ 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
Panama City Beach
$ 269,900
- 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