Address
10611 Front Beach Road 1303, Panama City Beach, FL
Price
$ 999,900
Property Attributes
- MLS#795428
- TypeCondos
- Listing Status Active
- CountyBay
- CityPanama City Beach
- Area03 - Bay County - Beach
- NeighborhoodOcean Ritz
- Zip32407
- Style
- Year Built2006
- Taxes$ 8279
- Price$ 999,900
- Bedrooms4
- Full Bathrooms4
- Half Bathrooms0
- Sqr Footage1637
Data Source:
Central Panhandle Association of REALTORS® (CPAR)
Property Description
Thirteen floors above the shoreline, the gulf stretches seemingly without end as waves roll toward the beach below and sunsets fill the western horizon. That extraordinary perspective defines this renovated four-bedroom, four-bath residence at Ocean Ritz, where two gulf-front suites and an expansive 300-sq.-ft. balcony place the water at the center of the experience. Generous interiors, thoughtful updates and an established rental history add substance to the setting, creating a coastal retreat equally suited to personal enjoyment and investment. The open living and dining areas face the water and extend naturally to the oversized gulf-front balcony. With approximately 300 square feet of outdoor living space and seating for eight, the balcony offers ample room for dining, entertaining or simply taking in the shoreline and the sound of the waves below. Its mid-building elevation rises above much of the surrounding street noise while maintaining a close connection to the gulf. Luxury vinyl plank flooring runs throughout the residence, creating a cohesive look from room to room. The updated kitchen features quartz countertops, stainless steel appliances, a spacious island with bar seating and an open configuration that keeps the kitchen connected to the main gathering areas. An adjacent dining area comfortably seats eight, providing plenty of space for meals and entertaining. Two gulf-front king suites are among the residence's most distinctive features, each offering panoramic water views and an ensuite bath. Two additional bedrooms each include a queen bed and twin bunks, creating flexible sleeping arrangements for family and guests. Four full bathrooms further enhance the functionality of the floor plan, while an in-unit washer and dryer add everyday convenience. Offered fully furnished, the residence is well positioned for use as a second home, investment property or a combination of both. Its established short-term rental performance includes more than $112,000 in gross rental revenue in 2025. Year-to-date rental revenue is approximately $100,000, with current projections placing full-year gross revenue at approximately $115,000. Ocean Ritz provides direct beach access, plus a heated community pool, hot tub, sauna, and grilling area. Restaurants and shops are within walking distance, while Shipwreck Island Waterpark, Pier Park and a wide range of Panama City Beach dining, shopping and entertainment are nearby. With four bedrooms, four baths, two gulf-front suites, an exceptionally large balcony and a proven rental history, this updated residence offers a compelling opportunity along the Gulf of Mexico.
| Elementary School | Middle School | High School |
|---|---|---|
| Hutchison Beach Elementary School | Surfside Middle School | Arnold High School |
| Price History | |
|---|---|
| 9/15/2026 | Listed $999,900 |
General Features
| Sewer | Public Sewer |
|---|---|
| Utilities | Electricity Available |
| Property Subtype | Condominium |
| Tax Year | 2025 |
| Community Features | Barbecue,Beach,Elevator,Fitness Center,Pool,Sauna,Waterfront,Community Pool,Short Term Rental Allowed |
| County | Bay |
| Property Type | Residential |
| HOA | true |
| Subdivision Name | Ocean Ritz |
| Status | Active |
| Buyer Financing | Other |
| Directions | From the intersection of HWY 98 and Richard Jackson, head south on Richard Jackson. Turn east onto Front Beach Rd. Ocean Ritz is on the right - Located inbetween Ocean Villa and Twin Palms. One designated parking spot on the beach side. Overflow parking across the street. |
| High School | Arnold |
| City | Panama City Beach |
| MLS Area | 03 - Bay County - Beach |
| Elementary School | Hutchison Beach |
| Tax Annual Amount | 8279.41 |
| 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 | Tenant |
| Waterfront Features | Gulf,Shoreline - Sand |
| Year Built | 2006 |
| Association Fee Includes | Fitness Facility,Insurance,Legal/Accounting,Maintenance Grounds,Pest Control,Pool(s),Sewer,Trash,Water |
| Heating | Central |
| Cooling | Central Air |
| Appliances | Electric Range,Electric Water Heater |
| Patio/Porch Features | Balcony |
| View | Gulf,Water |
| Attached Garage | false |
| Garage Y/N | false |
| Total Rooms | 8 |
| Full Baths | 4 |
| Architectural Style | High Rise |
| HOA Fee | 1175 |
| Assoc Fee Paid Per | Monthly |
| Pool Features | In Ground,Community |
| Unit Number | 1303 |
| New Construction | false |
| Spa Features | Community |
Interior Features
| Total Baths | 4 |
|---|---|
| Interior Amenities | Balcony,Double Vanity,Main Level Primary,Tub Shower |
| Furnished Units | All Units |
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Total Bedrooms | 4 |
| LivingAreaSource | Appraiser |
Exterior Features
| Lot Dimensions | 0x0 |
|---|---|
| Building Area Total | 1637 |
| 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
Property vs Condos Average in 32407
Price
Taxes
Year Built
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
