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Harrison Lilly

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

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12011 Front Beach Road 804b , Panama City Beach, FL 32407
$449,000
Est. Payment: $2,277.24/mo
2 Bed
2 Bath
1076 Sqft
Status: active with contingency | Days on site: 39
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Harrison Lilly
Owner/Operator

House Description

CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS. Set directly on the beach at Sterling Reef, this well-maintained beachfront condo offers a highly desirable 2BR/2BA floor plan with an enclosed bunk room and has generated $58,555.18 (as of July 20, 2026) in short-term rental bookings Positioned on the 8th floor, the condo takes full advantage of panoramic gulf views while delivering something that's harder to find than you might expect - open ocean sound without the noise of the beach crowd below. It's a meaningful difference in the daily experience of the unit. Designed for both personal enjoyment and vacation rental appeal, the floor plan provides the flexibility to comfortably accommodate family and guests while maximizing sleeping capacity. From the kitchen and living area to the primary suite and private balcony, the Gulf remains the focal point throughout the condo. Floor-to-ceiling sliding glass doors maximize natural light while keeping the emerald waters front and center, creating a seamless connection between the interior living spaces and the beach beyond. The coastal-inspired interior has been meticulously maintained and thoughtfully updated - new furniture, paint, and fixtures were added in 2021, new carpet in 2023, and new deck furniture in 2025 - giving the unit a fresh, move-in-ready feel. Tile flooring throughout the main living areas makes upkeep easy after busy beach days. The spacious kitchen offers granite countertops, stainless steel appliances, and a breakfast bar that creates a natural gathering space for family and guests. 9' ceilings enhance the sense of openness, while the gulf-front primary suite serves as a private retreat with direct balcony access and stunning water views. Sterling Reef continues to be a favorite among vacationers thanks to its beachfront setting, relaxed atmosphere, and extensive amenity package. Owners and guests enjoy direct beach access, a seasonally heated bi-level pool and spa, fitness center, activity center, sky terrace with grilling area, covered parking, and 24-hour security. Adding to the appeal is Sterling Reef's central Panama City Beach location. Shipwreck Island Waterpark sits directly across the street, making it a popular destination for families, while Pier Park, Frank Brown Park, golf courses, restaurants, shopping, entertainment, and local attractions are all just minutes away. Schedule a private showing and see it for yourself.

Highlights

Listed by Craig Duran , 850-290-0417 Berkshire Hathaway HomeServices Beach Properties of Florida , 850-252-4160. Bay County Association of REALTORS

Property Type

Condo/Townhome

HOA Fee

970 Monthly

Year Built

2005

County

Bay

Area

03 - Bay County - Beach

Neighborhood

Sterling Reef

Listing ID

791263

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:2
  • Bathrooms:2
  • Full Bathrooms:2
Appliances:Washer/Dryer Stacked, Electric Oven, Electric Range
Air Cond:Central Air,Ceiling Fan(s)
Fireplaces:
Other:
  • Additional:Main Level Primary, Tub Shower, Walk-In Closet(s)

Exterior Features

Lot Dimensions:Condo
Sewer:Public Sewer
Principal Interest
$2,277
Taxes
$286
HOA
$970

Home Price

$449,000

Loan Details

30 yrs
6.529%

Down Payment

20%
$89,800
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:
$2,277.24

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $2,277.24 $286.24 $970.00 $3,533.48
Yearly $27,326.92 $3,434.85 $11,640.00 $42,401.77
Total $819,807.58 $103,045.50 $349,200.00 $1,272,053.08

Today's Rates

30 Year

6.53%

20 Year

6.33%

15 Year

5.93%

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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: 2026-08-20T06:33:19.000Z

© 2026 Bay County Association of REALTORS