$340,000
Panama City Beach, FL 32407
MLS# 997973
3 beds | 2 baths | 1761 sqft
1 / 22
Property Description
Welcome to Island Reserve, a private, gated, resort-style community just minutes from the white-sand beaches of Panama City Beach. This ground-floor, corner, 3BR/2.5BA condo offers 1,761 sq ft in one of the most quiet and private areas of the community. Features include 10' ceilings, bamboo flooring, a spacious primary suite with walk-in closet, soaking tub, walk-in shower, and direct access to a wrap-around balcony. The kitchen offers granite countertops, upgraded cabinetry, and a new refrigerator. A newer HVAC (3 years) adds peace of mind. Enjoy direct access to covered parking steps from the unit. Amenities include a one-acre resort pool with waterfalls, hot tub, fitness center, theater room, game room, and indoor basketball & pickleball court. Pet-friendly and close to beach!
Details
Contract Info
Listing Board: Emerald Coast
List Price/SqFt: 193.07
List Date: 2026-03-13
Current Price: $340,000
List Price: $340,000
Location, Tax and Legal
Unit #: UNIT 1117
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 D-D Bldg 1 Unit 1117 Map 57C4 Orb 3018 P 563 3Br 2.5B 1761 H&C Orb 4550 P 1691 275 Balc
General Property Info
Sub-Type: Condominium
Design: N/A
SqFt Source: County PA Records
Stories In Unit: 1
Stories in Building: 3
Unit Floors Above Ground: 1
Immediate Occupancy: Yes
Garage: Yes
Carport: No
Pool: Yes
Pool Type: Community
Apx SqFt(Htd/Cooled): 1761
Bedrooms: 3
Full Baths: 2
Total Bathrooms: 2
Year Built: 2008
Garage Spaces: 2
Listing Info, Tax & Legal
Is Subject Leased: No
Assessment Fees: Yes
Assessment Amount: 2417
Annual Assessment Amount: 9668
Assessment Paid: Quarterly
New Buyer Fee: Yes
New Buyer Fee Amt: 150
New Buyer Fee Paid: $
Last Taxes: 4052.74
Last Tax Year: 2025
Brokerage Interest: No Interest
As Is: No
Remarks & Misc
Remarks: Welcome to Island Reserve, a private, gated, resort-style community just minutes from the white-sand beaches of Panama City Beach. This ground-floor, corner, 3BR/2.5BA condo offers 1,761 sq ft in one of the most quiet and private areas of the community. Features include 10' ceilings, bamboo flooring, a spacious primary suite with walk-in closet, soaking tub, walk-in shower, and direct access to a wrap-around balcony. The kitchen offers granite countertops, upgraded cabinetry, and a new refrigerator. A newer HVAC (3 years) adds peace of mind. Enjoy direct access to covered parking steps from the unit. Amenities include a one-acre resort pool with waterfalls, hot tub, fitness center, theater room, game room, and indoor basketball & pickleball court. Pet-friendly and close to beach!
Construction Status
Construction Complete: 1
Parking Features
Garage Attached: 1
Utilities
Other: 1
Exterior
Balcony: 1
Financing
Conventional: 1
FHA: 1
VA: 1
Energy
AC - Central Elect: 1
Ceiling Fans: 1
Master Bedroom
First: 1
Bedroom
First: 1
Kitchen
First: 1
Living Room
First: 1
Rooms
Bedroom: 1
Kitchen: 1
Living Room: 1
Master Bedroom: 1
Status Change Info
Status: Active
Location Tax and Legal
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: 40001-100-014
Property Features
Construction Status: Construction Complete
Parking Features: Garage Attached
Exterior: Balcony
Utilities: Other
Energy: AC - Central Elect; Ceiling Fans
Master Bedroom: First
Bedroom: First
Kitchen: First
Living Room: First
Rooms: Bedroom; Kitchen; Living Room; Master Bedroom
Financing: Conventional; FHA; VA
Room Information
| Room Name | Level | Dimensions | Length | Width | Dimensions |
| Master Bedroom | First | 16 x 12 | 16.00 | 12.00 | 16 x 12 |
| Bedroom | First | 13 x 10 | 13.00 | 10.00 | 13 x 10 |
| Bedroom | First | 12 x 11 | 12.00 | 11.00 | 12 x 11 |
| Living Room | First | 18 x 17 | 18.00 | 17.00 | 18 x 17 |
| Kitchen | First | 15 x 10 | 15.00 | 10.00 | 15 x 10 |
Listing Office: Real Broker LLC
Last Updated: March - 29 - 2026
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.
