Property Attributes
- MLS#1004752
- TypeCondos
- Listing Status Active
- CountyBay
- CityPanama City Beach
- AreaBay County
- NeighborhoodOcean Ritz
- Zip32407
- StyleN-A
- Year Built2006
- Taxes$ 7948
- Price$ 908,000
- Bedrooms4
- Full Bathrooms4
- Half Bathrooms0
- Sqr Footage1637
Data Source:
Emerald Coast MLS (ECAR)
Property Description
Ocean Ritz 503 offers the ultimate Gulf-front retreat with 4 bedrooms, 4 full bathrooms, including 2 Gulf-front primary suites, and an expansive 12.5' x 40' balcony designed to maximize the breathtaking Emerald Coast views. The living room and both Gulf-front primary bedrooms open directly to the oversized balcony through stunning floor-to-ceiling sliding glass doors, creating seamless indoor-outdoor living and filling the space with natural light and panoramic Gulf views. This beautifully maintained condo includes a highly desirable assigned covered parking space. Updated in April 2020, the unit features new furniture, décor, and mattresses, creating a fresh coastal ambiance throughout. Major improvements include a complete HVAC system replacement in 2016 with an Airborne virus-killing blue light ionization air purifier, plus a new hot water heater and washer/dryer installed in 2019. Ocean Ritz amenities include a Gulf-front pool, hot tub, fitness center, sauna, and steam room. Conveniently located near Pier Park, Shipwreck Island Waterpark, and St. Andrews State Park, this spacious beachfront condo is ideal as a primary residence, second home, or investment property - offering luxury, comfort, and convenience in the heart of Panama City Beach.
| Elementary School | Middle School | High School |
|---|---|---|
| Hutchinson Beach Elementary School | Surfside Middle School | Arnold High School |
| Price History | |
|---|---|
| 6/5/2026 | Listed $908,000 |
General Features
| Utilities | Electric,Phone,Public Water,TV Cable |
|---|---|
| Property Subtype | Condominium |
| Community Features | BBQ Pit/Grill,Beach,Elevators,Exercise Room,Fishing,Pool,Sauna/Steam Room,Waterfront,Whirlpool |
| County | Bay |
| Property Type | Residential |
| Subdivision Name | Ocean Ritz |
| Status | Active |
| Buyer Financing | Conventional |
| Directions | East on Panama City Parkway (US 98). Turn right on Robert Jackson Rd. Follow to Front beach Rd. Turn Left. Ocean Ritz will be on the Right. |
| High School | Arnold |
| City | Panama City Beach |
| MLS Area | 27 - Bay County |
| Lot Size Units | Acres |
| Elementary School | Hutchinson Beach |
| Middle/Junior High School | Surfside |
| MLS Area Minor | 2718 - Beach - Central South |
| Standard Status | Active |
| Sewer | Public Sewer |
| View | Gulf |
| Waterfront Features | Gulf |
| Tax Assessed Value | 1175 |
| Heating | Central |
| Cooling | Ceiling Fans,Central Air |
| Garage Spaces | 1 |
| Architectural Style | N/A |
| Construction Materials | Concrete,Block,Stucco |
| Year Built | 2006 |
| Tax Year | 2025 |
| New Construction | false |
| Attached Garage | false |
| Total Rooms | 7 |
| Carport Y/N | false |
| Property Condition | Construction Complete |
| Association Fee Includes | Accounting,Ground Keeping,Insurance,Internet Service,Management,Recreational Faclty,Sewer,Water,Trash |
| Pool Features | Pool Type |
| Unit Number | 503 |
| HOA | true |
| Security Features | Fire Alarm/Sprinkler |
Interior Features
| Total Baths | 4 |
|---|---|
| Interior Amenities | Breakfast Bar,Ceiling Crwn Molding,Split Bedroom,Washer/Dryer Hookup |
| Flooring | Floor Hardwood,Floor Tile,Floor Vinyl |
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Total Stories | 21 |
| Window Features | Window Treatment All |
| Furnished Y/N | Furnished - All |
Exterior Features
| Waterfront Y/N | true |
|---|---|
| Exterior Amenities | Balcony |
| Foundation Details | Foundation On Piling |
| Building Area Total | 1637 |
| Parking Features | Garage,Covered |
| Total Parking | 2 |
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