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10611 Front Beach Rd Unit 901, Panama City Beach, FL, 32407

4beds
4baths
1,637sqft
$899,000
$549price/sqft
$6,210/moest. monthly cost
$248,400/yrincome needed

About This Home

Finding a true four-bedroom, four-bathroom condo on the Gulf is a rarity in Panama City Beach, Florida. This exceptional Ocean Ritz unit is designed for versatility, offering the perfect layout for a high-performing investment, a dedicated family retreat, or a spacious primary home. The interior decoration is expertly curated, resulting in a ''right out of a magazine'' aesthetic. While this property has been enjoyed primarily as a private residence and only lightly rented, the data is clear that similar four-bedroom units in this building have a proven track record of generating over $100,000 in annual rental income. The property has been thoughtfully updated to ensure a turn-key experience with zero deferred maintenance. Recent improvements include new flooring throughout all bedrooms and main living areas in December 2025, complete renovation of all bathroom showers and tubs in 2023 with a lifetime warranty from Re-Bath, a water heater replacement and a full interior repaint in 2020. In 2024, the HVAC system was replaced and upgraded, including an ultraviolet light air purification system to ensure superior air quality. The overall modern feel of this unit includes smart-home features like a Ring doorbell and Ecobee thermostat sensors. This smart thermostat provides a care free indoor-outdoor living experience by adjusting the air conditioning when a balcony door is open. What truly sets Ocean Ritz apart is its low-density design and lifestyle. With only 63 total units in the community you and your guests will enjoy a more relaxed, luxurious experience without the crowds and busy elevators that are typical of most condominiums. The stunning beach views from the outdoor living space are unparalleled, featuring a massive corner balcony providing near panoramic views. The balcony is just shy of 500 square feet—one of the largest in the area— and spans the full width of the living room and two gulf front bedroom suites, with direct access from each of those three rooms. Owners and guests enjoy a boutique experience with many amenities, including a fitness center, grill area, sauna, steam room, and a relaxing hot tub. The unique indoor/outdoor pool is heated seasonally and provides the perfect year-round environment for both sun-seekers and those who prefer the shade. With a private beach walkover, a reserved parking space, and a separate overflow parking area, this rare gem offers a level of comfort and exclusivity that is increasingly difficult to find, while still convenient to all of the fun that Panama City Beach has to offer. Virtual tour available upon request.

Getting Around

50
WalkingCar-Dependent
0
TransitVery Limited Transit
45
BikeSomewhat Bikeable

Schools

7/10
Surfside Middle SchoolGrades 6-83.2 mi
4/10
J.R. Arnold High SchoolGrades 9-122.0 mi

Construction

Condition

  • Year built: 2006

Materials

  • Construction materials: Concrete,Stucco

Type & Style

  • Home type: Condo
  • Architectural style: High Rise
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Washer/Dryer Stacked,Electric Oven,Electric Range
  • Laundry features: Stacked

Bedroom

  • Dimensions: 13 x 14

Bedroom

  • Dimensions: 13 x 12

Bedroom

  • Dimensions: 12 x 13

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full bathrooms: 4

Features

  • Flooring: Luxury Vinyl Plank

Heating & Cooling

  • Heating features: Central,Electric
  • Cooling features: Central Air,Ceiling Fan(s)

Interior Area

  • Total structure area: 1,637
  • Total interior livable area: 1,637 sqft

Master Bedroom

  • Dimensions: 13 x 14

Property

Details

  • Parcel number: 40000250019
  • Attached to another structure: Yes
  • Zoning description: Resid Single Family, Resort
  • Other equipment: Air Purifier

Features

  • Pool features: Electric Heat,Indoor,In Ground,Community
  • Patio & porch: Balcony
  • Spa features: Community
  • Has view: Yes
  • View description: Gulf
  • Has water view: Yes
  • Water view: Gulf
  • On waterfront: Yes
  • Waterfront features: Gulf,Shoreline - Sand

Lot

  • Features: Sprinkler System
  • Lot size dimensions: 0 x 0

Parking

  • Total spaces: 1
  • Parking features: Additional Parking
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneVery High
  • Coastal Flooding
    Coastal FloodingModerate
  • Lightning
    LightningModerate
  • Tornado
    TornadoModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Coastal Flooding
Lightning
Tornado
Tsunami

FEMA Declared Disasters in Bay County and Florida

Coastal Storm
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $4,545$54,540
Home Insurance *$324$3,888
Property Taxes $1,144$13,728
Electricity $197$2,366
Total$6,210$74,520
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$212,914/yr
40% on housing$186,300/yr
45% on housing$165,600/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 13.3%
13.3%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 6.0%
6.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$549This listing

vs Other Active Listings

Avg $/sqft

ZIP 32407$269
Bay County$241

vs Homes Sold Last Month

Median $/sqft

ZIP 32407$231
Bay County$205

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-09Price change$899,000
2026-02-01Price change$910,000
2026-01-03Listed for sale$925,000
2020-11-13Sold$540,000
2020-09-04Listed for sale$550,000
2020-05-29Listing removed$545,000
2019-07-20Price change$545,000
2019-07-17Listed for sale$555,000
2018-01-18Sold$435,000

For Sale by Agent

AgentThe Beninateam
BrokerageBeachy Beach Real Estate

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