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$999,900

10611 Front Beach Road 1303

Panama City Beach, FL
Active
4
Bedrooms
4
Bathrooms
1,637
Square Feet
2006
Year Built
19
Days On Market

Thirteen floors above the shoreline, the gulf stretches seemingly without end as waves roll toward the beach below and sunsets fill the western horizon. That extraordinary perspective defines this renovated four-bedroom, four-bath residence at Ocean Ritz, where two gulf-front suites and an expansive 300-sq.-ft. balcony place the water at the center of the experience. Generous interiors, thoughtful updates and an established rental history add substance to the setting, creating a coastal retreat equally suited to personal enjoyment and investment. The open living and dining areas face the water and extend naturally to the oversized gulf-front balcony. With approximately 300 square feet of outdoor living space and seating for eight, the balcony offers ample room for dining, entertaining or simply taking in the shoreline and the sound of the waves below. Its mid-building elevation rises above much of the surrounding street noise while maintaining a close connection to the gulf. Luxury vinyl plank flooring runs throughout the residence, creating a cohesive look from room to room. The updated kitchen features quartz countertops, stainless steel appliances, a spacious island with bar seating and an open configuration that keeps the kitchen connected to the main gathering areas. An adjacent dining area comfortably seats eight, providing plenty of space for meals and entertaining. Two gulf-front king suites are among the residence's most distinctive features, each offering panoramic water views and an ensuite bath. Two additional bedrooms each include a queen bed and twin bunks, creating flexible sleeping arrangements for family and guests. Four full bathrooms further enhance the functionality of the floor plan, while an in-unit washer and dryer add everyday convenience. Offered fully furnished, the residence is well positioned for use as a second home, investment property or a combination of both. Its established short-term rental performance includes more than $112,000 in gross rental revenue in 2025. Year-to-date rental revenue is approximately $100,000, with current projections placing full-year gross revenue at approximately $115,000. Ocean Ritz provides direct beach access, plus a heated community pool, hot tub, sauna, and grilling area. Restaurants and shops are within walking distance, while Shipwreck Island Waterpark, Pier Park and a wide range of Panama City Beach dining, shopping and entertainment are nearby. With four bedrooms, four baths, two gulf-front suites, an exceptionally large balcony and a proven rental history, this updated residence offers a compelling opportunity along the Gulf of Mexico.

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Listing Information

Listing Updated
15 days ago
Listed By
Marc A Miller · Scenic Sotheby's International Realty
MLS#
1012043
Source
Emerald Coast Association of REALTORS
Status
Active

Facts & Features

Location

Community Information

Address
10611 Front Beach Road 1303, Panama City Beach, FL 32407
City
Panama City Beach
County
Bay
Neighborhood
OCEAN RITZ
Zip Code
32407

Architecture

Bedrooms
4
Bathrooms
4
Stories
23
Year Built
2006
Style
N/A
Construction Materials
Concrete
Building Area
1,637 sq. ft.
Levels
One
Garage Spaces
0

Features & Amenities

Interior Features
Crown Molding
Appliances
Dishwasher, Electric Water Heater, Microwave, Refrigerator, Electric Oven
Community Features
Pool
Cooling
Central Air, Electric
Heating
Electric, Central

Property Features

Lot Features
Waterfront
Water
Public
Sewer
Public Sewer
Utilities
Cable Available, Electricity Available

Square Footage

Total
1,637 sq. ft.

Tax & Financial Information

List Price
$999,900
Annual Taxes
$8,279
Association Fee
$1,175 (paid Monthly)
Fee Includes
Trash, Maintenance Grounds, Water, Sewer, Insurance, Internet

Schools

76/100
J.R. Arnold High School
High · Grades 09–12 · 1.8 mi
City
Panama City Beach
Students
1,617
Parent reviews
5.0★ avg · 2 reviews
Student body
71% White · 13% Hispanic / Latino · 9% Black
Free/reduced lunch
36%
Phone
(850) 767-3700
62/100
Breakfast Point Academy
Elementary · Grades PK–08 · 1.7 mi
City
Panama City Beach
Students
1,131
Parent reviews
3.3★ avg · 3 reviews
Student body
76% White · 10% Hispanic / Latino · 6% Two or More Races
Free/reduced lunch
44%
Phone
(850) 767-1190
54/100
A. Gary Walsingham Academy
Elementary · Grades PK–03 · 2.6 mi
City
Panama City Beach
Students
230
Student body
65% White · 14% Hispanic / Latino · 10% Black
Free/reduced lunch
17%
Phone
(850) 767-5475
53/100
Surfside Middle School
Middle · Grades 06–08 · 3.2 mi
City
Panama City Beach
Students
843
Parent reviews
2.5★ avg · 2 reviews
Student body
65% White · 14% Hispanic / Latino · 10% Black
Free/reduced lunch
48%
Phone
(850) 767-5180
51/100
Hutchison Beach Elementary School
Elementary · Grades KG–05 · 2.1 mi
City
Panama City
Students
619
Student body
66% White · 17% Hispanic / Latino · 7% Two or More Races
Free/reduced lunch
57%
Phone
(850) 767-5195
50/100
Patronis Elementary School
Elementary · Grades KG–05 · 2.8 mi
City
Panama City Beach
Students
852
Student body
86% White · 5% Hispanic / Latino · 4% Two or More Races
Free/reduced lunch
43%
Phone
(850) 767-5075

School ratings are provided for informational purposes only and are subject to change. Attendance boundaries are for reference only — contact the school or district directly to verify enrollment eligibility.

Historical Data

Price History

DateEventPrice
09/15/2026Listed for sale$999,900

Listed by Marc A Miller · Scenic Sotheby's International Realty


IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing

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