Property Attributes
- MLS#785579
- TypeCondos
- Listing Status Active
- CountyBay
- CityPanama City Beach
- Area03 - Bay County - Beach
- NeighborhoodOcean Reef
- Zip32413
- Style
- Year Built2008
- Taxes$ 5675
- Price$ 468,000
- Bedrooms2
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage1146
Data Source:
Central Panhandle Association of REALTORS® (CPAR)
Property Description
Offered for sale is Ocean Reef Unit 1505 -- a fully furnished 2-bedroom, 2-bath Gulf-front condominium with an expansive 10x28 private balcony and breathtaking views of the Emerald Coast. As of May 2026, this beautiful condo is now freshly painted throughout including all walls, doors, and trim. In addition, a new living room sofa has been added. From the moment you step inside, you're welcomed by stunning Gulf views visible from the entry, kitchen, dining, and living areas. The open-concept floor plan is designed for both comfort and entertaining, featuring elegant tile flooring, coastal décor, and abundant natural light throughout. Step outside to the oversized balcony with ample space for dining, relaxing, and gathering. Enjoy waterfront meals, morning coffee at sunrise, or unwind in the evening while listening to the soothing sound of the waves while admiring the beautiful sunsets. The living room offers plush furnishings and a 60'' wall-mounted TV with surround sound for the perfect movie night after a day at the beach. There's even a dedicated workspace for remote work or Zoom meetings -- because paradise and productivity can coexist. A well-appointed, fully equiped, kitchen features granite countertops, updated lighting, and stainless-steel appliances. The dining area comfortably seats six, with additional seating at the breakfast bar. The gulf-front primary suite offers balcony access, spectacular water views, a king-size bed, and a private en-suite bath -- your own peaceful retreat by the sea. A spacious guest bedroom accommodates two queen beds and provides private access to the guest bath. For your convenience, a separate laundry room includes new (2024) Whirlpool side-by-side washer and dryer, plus extra storage. It gets even better -- this unit includes an assigned, beachside covered parking space directly beneath the building. No searching for parking and no long walks across the street. Residents of Ocean Reef Resort enjoy over 300 feet of beachfront, a Gulf-front pool and hot tub, indoor pool, fitness center, and sauna. Ideally located just 1.5 miles from Pier Park -- home to premier shopping, dining, and entertainment -- and only one mile from Topgolf. beach-front restaurants, coffee and donut shops, gift stores, mini-golf, go-carts, and more are all within a couple of blocks. Additional updates include a new A/C and water heater (2019). All dimensions are approximate and should be verified by the buyer if important. This is Gulf-front living at its finest -- add Unit 1505 to your must-see list today. You'll be glad you did.
| Elementary School | Middle School | High School |
|---|---|---|
| Hutchison Beach Elementary School | Surfside Middle School | Arnold High School |
| Price History | |
|---|---|
| 2/20/2026 | Listed $468,000 |
General Features
| Sewer | PublicSewer |
|---|---|
| Utilities | CableConnected |
| Property Subtype | Condominium |
| Tax Year | 2025 |
| Community Features | Barbecue,Beach,ConferenceMeetingRoom,Elevator,FitnessCenter,Pool,Sauna,Waterfront,CommunityPool,ShortTermRentalAllowed |
| County | Bay |
| Property Type | Residential |
| HOA | true |
| Subdivision Name | Ocean Reef |
| Special Listing Conditions | ListedAsIs |
| Status | Active |
| Directions | From Hwy 98 (Back Beach Rd.) turn south on Nautilus Street. At Front Beach Rd., turn right heading west. Ocean Reef is the first high-rise building immediately on your left. |
| High School | Arnold |
| City | Panama City Beach |
| MLS Area | 03 - Bay County - Beach |
| Elementary School | Hutchison Beach |
| Tax Annual Amount | 5675 |
| Middle/Junior High School | Surfside |
| MLS Area Minor | 0318 - Beach - Central South |
| Standard Status | Active |
| Property Sub Type Additional | Condominium |
| Association Amenities | BeachRights,Barbecue,Sauna,SpaHotTub |
| Occupancy Type | Tenant |
| Waterfront Features | Gulf,ShorelineSand |
| Year Built | 2008 |
| Association Fee Includes | AssociationManagement,Clubhouse,FitnessFacility,Internet,MaintenanceGrounds,PestControl,Pools,Sewer,Security,Trash,Water |
| Heating | HeatPump |
| Cooling | CeilingFans,HeatPump |
| Appliances | ElectricRange,ElectricWaterHeater |
| 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 | HighRise |
| HOA Fee | 2662.86 |
| Assoc Fee Paid Per | Quarterly |
| Pool Features | Gunite,GasHeat,Indoor,InGround,Community |
| Security Features | BuildingSecurity,ClosedCircuitCameras,FireSprinklerSystem,SecurityFence,SecurityGuard,FireAlarm,SmokeDetectors,SecurityService |
| Unit Number | 1505 |
| Building Features | Dumpster |
| New Construction | false |
| Spa Features | Community |
| Number Of Units Total | 162 |
| Roof | Membrane |
Interior Features
| Total Baths | 2 |
|---|---|
| Interior Amenities | Balcony,DoubleVanity,TubShower |
| Furnished Units | AllUnits |
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Total Bedrooms | 2 |
| LivingAreaSource | Plans |
| Total Stories | 23 |
Exterior Features
| Lot Dimensions | 0x0 |
|---|---|
| Parking Features | AdditionalParking |
| Building Area Total | 1146 |
| Waterfront Y/N | true |
| Foundation Details | PillarPostPier |
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