Welcome to Island Reserve, a premier gated community just minutes from the sugar-white beaches of Panama City Beach. This spacious 2nd floor 3-bedroom, 2.5-bath condo offers over 1,761 square feet of thoughtfully designed living space, combining comfort, convenience, and resort-style living in one of the area's most sought-after communities.
Meticulously cared for and freshly painted throughout, this move-in-ready residence features soaring 10-foot ceilings with crown molding, plantation shutters, double-pane windows, and a bright open layout perfect for everyday living or entertaining. The kitchen is beautifully appointed with granite countertops and stainless steel appliances. A furnished option is available, making this an easy transition for a primary residence or second home.
The spacious primary suite offers a spa-like retreat with a soaking tub, walk-in shower, double vanity, large walk-in closet, and private access to the expansive wrap-around covered porch--the perfect place to enjoy morning coffee and peaceful views of the lush community grounds. Two guest bedrooms share a convenient Jack-and-Jill bath, and a dedicated laundry room adds everyday convenience.
One of the standout features of this unit is its unbeatable accessibility: the adjacent covered parking garage is located right outside the door.
Island Reserve offers a true resort lifestyle with a spectacular 1-acre lagoon pool featuring waterfalls, lap area, zero-entry access, hot tub, and outdoor showers. Residents also enjoy a beautifully appointed clubhouse with a fitness center, indoor basketball and pickleball courts for year-round play, theater room with a 100-inch screen, game room, and an active social calendar. The community is pet-friendly, VA-approved, and known for its lush tropical landscaping, gated security, and welcoming atmosphere.
Located just minutes from the Gulf, shopping, dining, golf, and entertainment, this beautifully maintained condo delivers the perfect blend of luxury, location, and low-maintenance living. With no short-term rentals permitted, Island Reserve offers a peaceful residential environment while still being close to everything Panama City Beach has to offer.
Experience effortless coastal living with resort-style amenities right outside your door--this is Island Reserve at its finest.
For sale
$339,900
8700 Front Beach Rd Unit 7203, Panama City Beach, FL 32407
3beds
1,761sqft
Est.:
Condominium
Built in 2008
-- sqft lot
$325,400 Zestimate®
$193/sqft
$-- HOA
What's special
Lush tropical landscapingDouble-pane windowsSoaking tubPlantation shuttersWalk-in showerDouble vanityDedicated laundry room
- 7 days |
- 459 |
- 16 |
Zillow last checked: 8 hours ago
Listing updated: February 27, 2026 at 09:45am
Listed by:
Ramil Zartdinov 850-819-1418,
Local Insight Realty
Source: CPAR,MLS#: 785727
Originating MLS: Central Panhandle Association of REALTORS
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Rooms
- Room types: Bedroom, Dining Room, Full Bath, Half Bath, Kitchen, Laundry, Living Room, Primary Bathroom, Primary Bedroom, Other
Primary bedroom
- Level: First
- Dimensions: 15.1 x 11.8
Bedroom
- Level: First
- Dimensions: 13.1 x 10.11
Bedroom
- Level: First
- Dimensions: 13.1 x 10.4
Primary bathroom
- Level: First
- Dimensions: 9.8 x 15.6
Dining room
- Level: First
- Dimensions: 13.3 x 15.7
Other
- Level: First
- Dimensions: 8.5 x 5.8
Half bath
- Level: First
- Dimensions: 6.9 x 6.1
Kitchen
- Level: First
- Dimensions: 10 x 14.9
Laundry
- Level: First
- Dimensions: 6.9 x 5.7
Living room
- Level: First
- Dimensions: 15.1 x 13.7
Other
- Features: Balcony
- Level: First
- Dimensions: 17.7 x 23.9
Heating
- Central, Electric
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Electric Range, Electric Water Heater
Interior area
- Total structure area: 1,761
- Total interior livable area: 1,761 sqft
Property
Parking
- Total spaces: 2
- Parking features: Gated
- Garage spaces: 2
Features
- Levels: Three Or More
- Stories: 3
- Patio & porch: Deck, Balcony
- Exterior features: Covered Patio
- Pool features: In Ground, Community
Details
- Parcel number: 40001100245
- Zoning description: City, Resid Multi-Family
- Special conditions: Listed As-Is
Construction
Type & style
- Home type: Condo
- Architectural style: Low Rise
- Property subtype: Condominium
Condition
- New construction: No
- Year built: 2008
Utilities & green energy
- Sewer: Public Sewer
- Utilities for property: Electricity Available
Community & HOA
Community
- Features: Barbecue, Basketball Court, Clubhouse, Elevator, Gated, Pool, Community Pool
- Subdivision: Island Reserve
HOA
- Has HOA: Yes
- Amenities included: Barbecue
Location
- Region: Panama City Beach
Financial & listing details
- Price per square foot: $193/sqft
- Tax assessed value: $303,705
- Annual tax amount: $4,053
- Date on market: 2/24/2026
- Cumulative days on market: 7 days
- Electric utility on property: Yes
Estimated market value
$325,400
$309,000 - $342,000
$2,608/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/24/2026 | Listed for sale | $339,900+21.4%$193/sqft |
Source: | ||
| 3/31/2025 | Sold | $280,000+6.5%$159/sqft |
Source: | ||
| 4/10/2020 | Sold | $263,000-0.7%$149/sqft |
Source: | ||
| 2/25/2020 | Price change | $264,750-1.9%$150/sqft |
Source: RC Real Estate Group #690048 Report a problem | ||
| 2/10/2020 | Price change | $270,000-5.1%$153/sqft |
Source: RC Real Estate Group #690048 Report a problem | ||
| 11/16/2019 | Price change | $284,500-1.7%$162/sqft |
Source: RC Real Estate Group #690048 Report a problem | ||
| 10/23/2019 | Listed for sale | $289,500+12.2%$164/sqft |
Source: RC Real Estate Group #690048 Report a problem | ||
| 3/1/2019 | Sold | $258,000-2.6%$147/sqft |
Source: | ||
| 1/4/2019 | Listed for sale | $264,900+49.3%$150/sqft |
Source: Florida Realty Experts LLC #678917 Report a problem | ||
| 8/21/2015 | Sold | $177,400-4.1%$101/sqft |
Source: Public Record Report a problem | ||
| 6/1/2015 | Listed for sale | $185,000-1.1%$105/sqft |
Source: Florida Realty Experts LLC #632662 Report a problem | ||
| 8/26/2014 | Listing removed | $187,000$106/sqft |
Source: Counts Real Estate Group Inc #622266 Report a problem | ||
| 7/17/2014 | Listed for sale | $187,000-1.5%$106/sqft |
Source: Counts Real Estate Group Inc #622266 Report a problem | ||
| 3/30/2014 | Listing removed | $189,900$108/sqft |
Source: Counts Real Estate Group Inc #613374 Report a problem | ||
| 10/1/2013 | Listed for sale | $189,900+16.5%$108/sqft |
Source: Counts Real Estate Group Inc #613374 Report a problem | ||
| 11/17/2010 | Sold | $163,000$93/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,772 +4.4% | $303,705 +11.8% |
| 2023 | $3,612 +24.7% | $271,618 +10% |
| 2022 | $2,896 | $246,925 |
| 2021 | -- | -- |
| 2020 | $2,249 -13.2% | $219,300 +9.3% |
| 2019 | $2,591 | $200,702 +10% |
| 2018 | $2,591 +10.9% | $182,456 +10% |
| 2017 | $2,336 +7.2% | $165,869 +10% |
| 2016 | $2,178 +17.3% | $150,790 +9.5% |
| 2015 | $1,857 | $137,700 +4.3% |
| 2014 | $1,857 | $131,963 +0.2% |
| 2013 | -- | $131,750 +1.6% |
| 2012 | -- | $129,625 -12.4% |
| 2011 | -- | $147,900 -2.8% |
| 2010 | -- | $152,150 -36.9% |
| 2009 | -- | $241,257 +932.3% |
| 2008 | -- | $23,371 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$1,943/mo
Principal & interest
$1583
Property taxes
$360
Climate risks
Neighborhood: 32407
Nearby schools
GreatSchools rating
- 6/10Breakfast Point AcademyGrades: PK-8Distance: 2.1 mi
- 4/10J.R. Arnold High SchoolGrades: 9-12Distance: 2.5 mi
Schools provided by the listing agent
- Elementary: Breakfast Point
- Middle: Breakfast Point
- High: Arnold
Source: CPAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.







