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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 7203 , Panama City Beach, FL 32407
$325,000
Est. Payment: $1,795.58/mo
3 Bed
3 Bath
1761 Sqft
Status: Active | Days on site: 193
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LIR - B1803
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Harrison Lilly Team
Owner/Operator

House Description

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.

Highlights

Listed by Ramil Zartdinov , 850-819-1418 Local Insight Realty , 850-832-9417. Bay County Association of REALTORS

Property Type

Condo/Townhome

HOA Fee

2405.24 Quarterly

Year Built

2008

County

Bay

Area

03 - Bay County - Beach

Neighborhood

Island Reserve

Listing ID

785727

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:3
  • ▪ Bathrooms:3
  • ▪ Full Bathrooms:2
  • ▪ 1/2 Bathrooms:1
Appliances:Electric Range, Electric Water Heater
Air Cond:Central Air,Ceiling Fan(s)
Fireplaces:
Other:
  • ▪ Additional:Double Vanity, Main Level Primary, Soaking Tub, Separate Shower, Walk-In Closet(s), Home Theater

Exterior Features

Lot Dimensions:0
Zoning:City, Resid Multi-Family
Others:
  • ▪ Additional:Covered Patio
Sewer:Public Sewer
Parking Features:Gated
Principal Interest
$1,796
Taxes
$338
HOA
$2,405

Home Price

$325,000

Loan Details

30 yrs
7.374%

Down Payment

20%
$65,000
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Monthly Price:
$1,795.58

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $1,795.58 $337.75 $2,405.24 $4,538.57
Yearly $21,546.94 $4,053.00 $28,862.88 $54,462.82
Total $646,408.15 $121,590.00 $865,886.40 $1,633,884.55

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

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