Property Attributes
- MLS#781197
- TypeCondos
- Listing Status Closed
- CountyBay
- CityPanama City Beach
- Area03 - Bay County - Beach
- NeighborhoodOcean Ritz
- Zip32407
- Style
- Year Built2006
- Taxes$ 9641
- Price$ 915,000
- Bedrooms4
- Full Bathrooms4
- Half Bathrooms0
- Sqr Footage1637
Data Source:
Central Panhandle Association of REALTORS® (CPAR)
Property Description
Amazing Gulf views with unobstructed sunrises and sunsets from the oversized balcony of this COMPLETELY UPDATED and well maintained 3rd floor 4 bedroom/4 bath condo in Ocean Ritz! With $104k in rentals for 2023 and $88k in 2024, this unit has proven historical income that you can depend on from day one! This unit features TWO Gulf Front Master bedrooms, both leading out to the huge 500 sq ft covered balcony! Modern coastal finishes throughout make this unit truly turnkey. Nothing went untouched! The unit also has a deeded/assigned garage parking space. Ocean Ritz is a low density building just minutes from Pier Park and a short drive to Scenic 30a, this unit would make a great second home or rental property that the family can enjoy while generating strong income to offset expenses! Schedule your showing today!
| Elementary School | Middle School | High School |
|---|---|---|
| Hutchison Beach Elementary School | Surfside Middle School | Arnold High School |
| Price History | |
|---|---|
| 11/4/2025 | Listed $999,000 |
| 2/27/2026 | 2$979,000 |
| 4/22/2026 | 3$949,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Utilities | Cable Connected,Electricity Available |
| Property Subtype | Condominium |
| Tax Year | 2024 |
| Community Features | Barbecue,Fitness Center,Pool,Sauna,Community Pool,Short Term Rental Allowed |
| County | Bay |
| Property Type | Residential |
| HOA | true |
| Subdivision Name | Ocean Ritz |
| Status | Closed |
| Buyer Financing | Other |
| Directions | From the intersection of Front BeachRoad and Middle Beach Road (by the old Walmart), it is about 1/2 mile on your left. |
| High School | Arnold |
| City | Panama City Beach |
| MLS Area | 03 - Bay County - Beach |
| Elementary School | Hutchison Beach |
| Tax Annual Amount | 9641 |
| Middle/Junior High School | Surfside |
| MLS Area Minor | 0318 - Beach - Central South |
| Standard Status | Closed |
| Property Sub Type Additional | Condominium |
| Association Amenities | Beach Rights |
| Occupancy Type | Tenant |
| Waterfront Features | Gulf |
| Year Built | 2006 |
| Association Fee Includes | Association Management,Cable TV,Insurance,Internet,Legal/Accounting,Maintenance Grounds,Maintenance Structure,Recreation Facilities,Sewer,Trash,Water |
| Heating | Central,Electric |
| Cooling | Central Air,Ceiling Fan(s) |
| Patio/Porch Features | Covered,Patio |
| View | Gulf |
| Attached Garage | false |
| Garage Y/N | true |
| Total Rooms | 6 |
| Full Baths | 4 |
| Garage Spaces | 1 |
| Architectural Style | High Rise |
| HOA Fee | 1075 |
| Assoc Fee Paid Per | Monthly |
| Pool Features | Community |
| Security Features | Fire Sprinkler System |
| Unit Number | 303 |
| New Construction | false |
| Spa Features | Community |
Interior Features
| Total Baths | 4 |
|---|---|
| Interior Amenities | Balcony,Double Vanity,Jetted Tub,Main Level Primary,Separate Shower |
| Furnished Units | All Units |
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Total Bedrooms | 4 |
| LivingAreaSource | Appraiser |
Exterior Features
| Lot Dimensions | 187 x 137 |
|---|---|
| Parking Features | Additional Parking |
| Building Area Total | 1637 |
| Waterfront Y/N | true |
| Door Features | Storm Door(s) |
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
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