Property Attributes
- MLS#780214
- TypeCondos
- Listing Status Active
- CountyBay
- CityPanama City Beach
- Area03 - Bay County - Beach
- NeighborhoodSterling Reef
- Zip32407
- Style
- Year Built2005
- Taxes$ 5465
- Price$ 429,900
- Bedrooms2
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage1076
Data Source:
Central Panhandle Association of REALTORS® (CPAR)
Property Description
Looking for a 2 bedroom Penthouse?? Experience the coastal lifestyle from the top floor at Sterling Reef PH02! This stunning 19th-floor Gulf-front condo showcases panoramic views of the turquoise Gulf waters and sugar-white sands below. The Gulf-front master suite opens directly to a spacious balcony that also connects to the living area—perfect for soaking in the sunrise or relaxing at sunset. This beautifully furnished 2-bedroom, 2-bath condo comfortably sleeps up to six guests and is turnkey ready with coastal décor throughout. Sterling Reef offers resort-style amenities including two beachfront pools, a fitness center, outdoor grilling and picnic areas, and private beach access. Enjoy peace of mind with recent building upgrades such as modernized elevators and refreshed exterior finishes. Ideally located next to the County Pier, across from Shipwreck Island Waterpark, and just minutes from Pier Park, this penthouse delivers the perfect blend of luxury, location, and lifestyle along Panama City Beach.
| Elementary School | Middle School | High School |
|---|---|---|
| Hutchison Beach Elementary School | Surfside Middle School | Arnold High School |
| Price History | |
|---|---|
| 10/9/2025 | Listed $479,000 |
| 12/17/2025 | 7$445,000 |
| 3/11/2026 | 3$429,900 |
General Features
| Sewer | Public Sewer |
|---|---|
| Utilities | Cable Connected,High Speed Internet Available,Phone Connected,Phone Available |
| Property Subtype | Condominium |
| Tax Year | 2024 |
| Community Features | Community Pool,Short Term Rental Allowed |
| County | Bay |
| Property Type | Residential |
| HOA | true |
| Subdivision Name | Sterling Reef |
| Status | Active |
| Directions | Go South toward the beach from Panama City Beach Parkway, the complex sits beachside to the left at the end of ALF COLEMAN RD next to the County Pier. Park anywhere in the parking deck. |
| High School | Arnold |
| City | Panama City Beach |
| MLS Area | 03 - Bay County - Beach |
| Elementary School | Hutchison Beach |
| Tax Annual Amount | 5465 |
| Middle/Junior High School | Surfside |
| MLS Area Minor | 0318 - Beach - Central South |
| Standard Status | Active |
| Property Sub Type Additional | Condominium |
| Association Amenities | Beach Rights,Barbecue,Picnic Area |
| Occupancy Type | Tenant |
| Waterfront Features | Gulf,Shoreline - Sand |
| Year Built | 2005 |
| View | Gulf |
| Garage Y/N | false |
| Total Rooms | 2 |
| Full Baths | 2 |
| Architectural Style | High Rise |
| Pool Features | Community |
| Unit Number | 1902B |
| New Construction | false |
Interior Features
| Total Baths | 2 |
|---|---|
| Furnished Units | All Units |
| Total Bedrooms | 2 |
| LivingAreaSource | Appraiser |
Exterior Features
| Lot Dimensions | 0x0 |
|---|---|
| Mobile Home Dimensions | Feet |
| Building Area Total | 1076 |
| Waterfront Y/N | true |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Pets
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Condos Average in 32407
In The Neighborhood
Panama City Beach
$ 658,000
- Type
- Condos
- Size
- 1,588 SqFt
- Rooms
- 3 Beds + 2 Baths
Panama City Beach
$ 449,000
- Type
- Condos
- Size
- 1,076 SqFt
- Rooms
- 2 Beds + 2 Baths
Panama City Beach
$ 439,900
- Type
- Condos
- Size
- 1,076 SqFt
- Rooms
- 2 Beds + 2 Baths
Panama City Beach
$ 429,900
- Type
- Condos
- Size
- 1,076 SqFt
- Rooms
- 2 Beds + 2 Baths
Panama City Beach
$ 415,000
- Type
- Condos
- Size
- 1,076 SqFt
- Rooms
- 2 Beds + 2 Baths
Panama City Beach
$ 415,000
- Type
- Condos
- Size
- 1,076 SqFt
- Rooms
- 2 Beds + 2 Baths
Panama City Beach
$ 430,000
- Type
- Condos
- Size
- 1,076 SqFt
- Rooms
- 2 Beds + 2 Baths
Emerald Coast Association of REALTORS®, Inc. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers
Listing data provided by: Central Panhandle Association of Realtors (CPAR)
Information deemed reliable but not guaranteed. The information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.