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Off Market

1101/10611 Front Beach Road

Panama City Beach FL 32407

4
4
1
1637 sq. ft.
Condo
Last sold for $805,000
Mario GobelMario Gobel, last sold this property on 04 September 2025 after 82 days on market.

Overview

Currently under contract, seller will consider backup offers. Experience unparalleled beachside living at Ocean Ritz #1101, a rare 4 bedroom, 4 bathroom corner unit ideally situated in the heart of Panama City Beach. This spacious, fully updated gulf front condo offers unobstructed views of the emerald waters and sugar white sands from one of the largest balconies in the area(493 square feet)comfortably accommodating up to 14 guests outdoors for dining, lounging or sunset viewing. With 1637 square feet of bright, open concept living space, this retreat is thoughtfully appointed with: Floor to ceiling glass sliders showcasing panoramic gulf views, new modern furnishings and updates(less than 2 years old), granite countertops, stainless steel appliances(all less than 2 years old), newer stainless steel washer and dryer(less than 3 years old), HVAC replaced July of 2024 for peace of mind and efficiency. Designed to sleep 12 guests comfortably, the unit features 4 full bathrooms, making it an exceptional option for large families or vacation groups. The wraparound balcony is an entertainers dream, ideal for sunrise cocktails, or simply soaking in the serene sounds of the surf. Exceptional short term rental performance:Approximately $120,000 gross revenue for 2 years in a row. Self managed(no property management fees). 5 star guest ratings on Airbnb and VRBO. Listing ID numbers 2540134 and 38773493. Ocean Ritz is a low density, well managed building with only 3 units per floor, offering a private atmosphere and premium amenities including a beachfront pool, hot tub, fitness center, sauna, BBQ area, an assigned covered parking spot, and plenty of guest parking. All information is approximate and should be verified by buyers if important

Features

4 bedrooms
4 bathrooms
1 carspace
1 garage space
1637 sq. ft. floor area
Condo

Estimated Value

Based on this property and similar 4 bedroom condos sold in Panama City Beach over the last 12 months, the estimated median property value of 1101/10611 Front Beach Road is $925k.

Median value
$925k
Estimated value range
$545k - $1.2m
Median days on market
107
Estimated value trend
9%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Panama City Beach. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1101/10611 Front Beach Road

2025
Sold
$805,000
04 Sep 2025 by Mario Gobel, of RE/MAX Freedom

Happy sellers in Panama City Beach

76%
76% of sellers in Panama City Beach reported that their sale price either exceeded or met their price expectations.

Panama City Beach stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 15 reviews in Panama City Beach over the last 12 months.

Local market activity for 4 bedroom condos in Panama City Beach

In the last 12 months, 7 four-bedroom condos similar to 1101/10611 Front Beach Road, have been sold.

This represents a 60% decrease in four-bedroom condos sales when compared to the previous 12 months.

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