Property Attributes
- MLS#778981
- TypeCondos
- Listing Status Active
- CountyBay
- CityPanama City Beach
- Area03 - Bay County - Beach
- NeighborhoodOcean Reef
- Zip32413
- Style
- Year Built2008
- Taxes$ 5644
- Price$ 449,000
- Bedrooms2
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage1146
Data Source:
Central Panhandle Association of REALTORS® (CPAR)
Property Description
Offered for sale is Ocean Reef Unit 1602, a two-bedroom, two-bath, gulf-front condo with a spacious 10x27 (270+ sq. ft.) balcony. The Unit 1602 floorplan features: a gulf-front living area and gulf-front master bedroom with separate balcony access; tiled floors; luxury vinyl bedroom flooring; and matching tile backsplash and bar facing. The Ocean Reef balcony size is fabulous and sets it apart from many other resorts. From the moment you walk-in you'll notice the beautiful gulf-views from the kitchen, dining, and living areas. The master bedroom features a private bath with double vanity. The guest bedroom is large enough for two beds and offers private access to the guest bathroom. The laundry room includes a side-by-side washer and dryer. Ocean Reef features two pools and a large hot-tub. The gulf-front pool is located directly behind the building. The indoor pool is perfect for colder days. Ocean Reef is perfectly situated! Just to the west, a short walk away, enjoy delicious meals at the beach-front Runaway Island Restaurant or venture across the street for yummy coffee and donuts at A'more or lunch at the Funland Snack Bar. Across the street you'll find the Hidden Lagoon mini golf and golf carts or shop at the large Alvin's Island Gift Shop. The famous Pier Park restaurant, entertainment, and shopping district is just 1.75 miles to the west. The new TopGolf restaurant, bar, and golfing fun is just 1.5 miles to the west. Unit 1602 includes your very own exclusive-use, assigned, parking space on level 2 under the building. No walking across the street or wasted time looking for a parking space. All dimensions and square footages are approximate and to be verified by buyer if important. The HVAC Unit is dated August 2021. *Living rom sofa does not convey.
| Elementary School | Middle School | High School |
|---|---|---|
| Hutchison Beach Elementary School | Surfside Middle School | Arnold High School |
| Price History | |
|---|---|
| 9/13/2025 | Listed $535,000 |
| 3/9/2026 | 13$465,000 |
| 6/29/2026 | 2$458,000 |
| 9/9/2026 | 2$449,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Property Subtype | Condominium |
| Tax Year | 2024 |
| Community Features | Barbecue,Beach,Conference/Meeting Room,Elevator,Fitness Center,Pool,Sauna,Waterfront,Community Pool,Short Term Rental Allowed |
| County | Bay |
| Property Type | Residential |
| HOA | true |
| Subdivision Name | Ocean Reef |
| Special Listing Conditions | Listed As-Is |
| Status | Active |
| Directions | From HWY 98 Back Beach Rd., turn south on Nautilus Street. At Front Beach Rd., turn right. Ocean Reef is the first high rise on your left. |
| High School | Arnold |
| City | Panama City Beach |
| MLS Area | 03 - Bay County - Beach |
| Elementary School | Hutchison Beach |
| Tax Annual Amount | 5644 |
| Middle/Junior High School | Surfside |
| MLS Area Minor | 0318 - Beach - Central South |
| Standard Status | Active |
| Property Sub Type Additional | Condominium |
| Association Amenities | Beach Rights,Barbecue,Sauna,Spa/Hot Tub |
| Occupancy Type | Occupied |
| Waterfront Features | Gulf,Shoreline - Sand |
| Year Built | 2008 |
| Association Fee Includes | Association Management,Clubhouse,Cable TV,Fitness Facility,Internet,Legal/Accounting,Pest Control,Pool(s),Sewer,Security,Trash,Water |
| Heating | Heat Pump |
| Cooling | Ceiling Fan(s),Heat Pump |
| Appliances | Electric Range,Electric Water Heater |
| Patio/Porch Features | Balcony |
| Construction Materials | Block,Concrete,Stucco |
| View | Gulf,Water |
| Attached Garage | false |
| Garage Y/N | true |
| Total Rooms | 3 |
| Full Baths | 2 |
| Garage Spaces | 1 |
| Architectural Style | High Rise |
| HOA Fee | 2662.86 |
| Assoc Fee Paid Per | Quarterly |
| Pool Features | Gunite,Gas Heat,Indoor,In Ground,Community |
| Security Features | Building Security,Fire Sprinkler System,Security Guard,Fire Alarm,Smoke Detector(s),Security Service |
| Unit Number | 1602 |
| Building Features | Dumpster |
| New Construction | false |
| Spa Features | Community |
| Roof | Membrane |
Interior Features
| Total Baths | 2 |
|---|---|
| Interior Amenities | Balcony,Double Vanity,Main Level Primary,Tub Shower |
| Furnished Units | Partially |
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Total Bedrooms | 2 |
| LivingAreaSource | Plans |
Exterior Features
| Lot Dimensions | 0x0 |
|---|---|
| Parking Features | Additional Parking |
| Building Area Total | 1146 |
| Waterfront Y/N | true |
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
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