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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 3308 , Panama City Beach, FL 32407
$215,000
Est. Payment: $1,187.84/mo
1 Bed
1 Bath
1071 Sqft
Status: Active | Days on site: 59
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Harrison Lilly Team
Owner/Operator

House Description

Welcome to Island Reserve and this fully equipped 1-bedroom, 1-bath condo, with 1,071 square feet of living space, offering a remarkably spacious, upscale, resort-style living experience. Overlooking the beautiful courtyard, this well-maintained condo features 10-foot ceilings, crown moldings, granite countertops, wood and tile flooring, including a large bonus room or den ideal for a home office, media room, or guest nook. The kitchen area is designed with an open-concept layout that integrates seamlessly into the main living and dining spaces. This highly sought-after residential community is loved for its peaceful atmosphere, resort-style amenities, and true neighborhood feel. Short term rentals are prohibited, ensuring a quiet, residential atmosphere year-round. The multi-level parking garage allows you to park on the same floor as your unit, eliminating the need for stairs or elevators. Offering a strong social club with community events, steps away from the 1-acre tropical lagoon pool with waterfalls, indoor basketball/pickleball courts, fitness center, game room and gated security. Located just 1.4 miles from the sugar-white sands of Panama City Beach and minutes from the Hathaway Bridge, Island Reserve offers the perfect blend of tranquility and convenience. The unit comes furnished or unfurnished, buyer's preference.

Highlights

Listed by Ron Rago , 850-625-6936 Beachy Beach Real Estate , 850-233-4351. Bay County Association of REALTORS

Property Type

Condo/Townhome

HOA Fee

1448 Quarterly

Year Built

2009

County

Bay

Area

03 - Bay County - Beach

Neighborhood

Island Reserve

Listing ID

793091

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:1
  • ▪ Bathrooms:1
  • ▪ Full Bathrooms:1
Appliances:Electric Oven, Electric Range, Electric Water Heater
Air Cond:Heat Pump
Fireplaces:
Other:
  • ▪ Additional:Double Vanity, Tub Shower, Walk-In Closet(s), Entrance Foyer

Exterior Features

Lot:Paved
Lot Dimensions:0x0
Zoning:Resid Multi-Family
Roof:Asphalt
Others:
  • ▪ Additional:Rain Gutters
Sewer:Public Sewer
Parking Features:Additional Parking,Gated
Principal Interest
$1,188
Taxes
$183
HOA
$1,448

Home Price

$215,000

Loan Details

30 yrs
7.374%

Down Payment

20%
$43,000
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:
$1,187.84

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $1,187.84 $182.94 $1,448.00 $2,818.78
Yearly $14,254.13 $2,195.24 $17,376.00 $33,825.37
Total $427,623.85 $65,857.20 $521,280.00 $1,014,761.05

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: 2026-10-07T08:07:44.000Z

© 2026 Bay County Association of REALTORS