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Harrison Lilly Team

Owner/Operator | Harrison Lilly Emerald Coast | Harrison Lilly Realty | PLACE

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8700 Front Beach Rd Unit 4104 , Panama City Beach, FL 32407
$299,000
Est. Payment: $1,651.93/mo
3 Bed
3 Bath
1761 Sqft
Status: Active | Days on site: 1
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Harrison Lilly Team
Owner/Operator

House Description

Welcome to resort-style living at Island Reserve! This spacious ground-floor 3-bedroom, 2.5-bath condominium offers approximately 1,761 square feet and an opportunity to make this home your own. Being offered as a VA foreclosure, this property is ready for a new owner to bring their personal touches and vision. Island Reserve is a beautifully maintained gated community in the heart of Panama City Beach, known for its tropical, resort-style atmosphere. Enjoy palm-tree-lined walkways and lush landscaping throughout the community, along with an impressive lagoon-style zero-entry pool featuring a rock waterfall. Community amenities also include a fitness center, indoor basketball and pickleball, game room, media/theater room, hot tub and covered parking garage. The ground-floor location provides convenient access without the need to depend on elevators and makes coming and going a breeze. Centrally located along Front Beach Road with convenient access to the beautiful white-sand beaches of the Gulf of Mexico, shopping, dining, entertainment, golf and everything Panama City Beach has to offer. Whether you're looking for a primary residence or a second home at the beach, this spacious Island Reserve condo offers tremendous potential. Bring your ideas and make Unit 4104 your own piece of paradise in Panama City Beach! VA FORECLOSURE -- property is being sold AS-IS. Buyer to verify all measurements, information and community restrictions if important.

Highlights

Listed by Pam D Mathis , 229-563-6088 Five Star Realty Group, LLC , 850-215-3687. Bay County Association of REALTORS

Property Type

Condo/Townhome

HOA Fee

2586.24 Quarterly

Year Built

2009

County

Bay

Area

03 - Bay County - Beach

Neighborhood

[No Recorded Subdiv]

Listing ID

796024

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:3
  • ▪ Bathrooms:3
  • ▪ Full Bathrooms:2
  • ▪ 1/2 Bathrooms:1

Exterior Features

Lot Dimensions:0x0
Principal Interest
$1,652
Taxes
$191
HOA
$2,586

Home Price

$299,000

Loan Details

30 yrs
7.374%

Down Payment

20%
$59,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,651.93

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $1,651.93 $190.61 $2,586.24 $4,428.78
Yearly $19,823.18 $2,287.35 $31,034.88 $53,145.41
Total $594,695.50 $68,620.50 $931,046.40 $1,594,362.40

Today's Rates

30 Year

7.37%

20 Year

7.27%

15 Year

6.8%

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Market insight data is pulled from the same city as the listing being viewed (Panama City Beach, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bay County Association of REALTORS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-10-07T05:07:46.000Z

© 2026 Bay County Association of REALTORS