$699,500
Panama City Beach, FL 32407
MLS# 782117
3 beds | 2 baths | 1588 sqft

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Property Description
***INVESTORS - PROJECTED RENTAL INCOME UP TO $86K!*** VIEWS, VIEWS, VIEWS! This exceptional 3BR/2BA corner unit at Sterling Reef offers some of the most unobstructed, breathtaking Gulf views on the beach! This is a show stopping unit and perfect for the smart investor! Enjoy a true coastal lifestyle with panoramic vistas of turquoise waters and sugar-white sands from the moment you walk in. The Gulf-front primary suite opens to a spacious balcony that extends to the living area—ideal for savoring sunrises, unwinding at sunset, or entertaining with a view. Sterling Reef provides resort-style amenities, including two beachfront pools, a fitness center, outdoor grilling and picnic areas, and private beach access. Recent building enhancements—such as updated elevators and refreshed exterior finishes—offer added peace of mind. Perfectly positioned next to the County Pier, across from Shipwreck Island Waterpark, and just minutes to Pier Park, this beautifully located unit delivers the ultimate blend of luxury, convenience, and coastal living on Panama City Beach.
Details
Maps
Listing Info, Tax and Legal
HOA Fee: Yes
HOA Amount: 977
HOA Frequency: Monthly
HOA Annual Amount: 11724
New Buyer Fee: No
Last Taxes: 7085
Last Tax Year: 2024
Brokerage Interest: No Interest
Condo Doc: Yes
Contract Info
List Price/SqFt: 440.49
Status: Active
List Date: 2025-11-26
List Price: $699,500
Current Price: $699,500
Location
Unit #: 201C
Sub Area: 0318 - Beach - Central South
Community/Resort: None
Waterfront: Yes
Gulf Access: Yes
Elementary School: Hutchison Beach
Middle School: Surfside
High School: Arnold
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.
Area: 03 - Bay County - Beach
Street #: 12011
Street Name: Front Beach
Street Suffix: Road
State: FL
Zip Code: 32407
County: Bay
Subdivision: Sterling Reef
Parcel ID: 34809-610-008
Legal Description: STERLING REEF UNIT 201 TYPE C ORB 2578 P 120 ''SUNRISE'' 3BD/2BTH ORB 4016 P 2268 1588 SQ.FT.=H&C . 192 SQ.FT.=BALC
General Property Info
Floor Number: 2
Design: High-Rise (8+ floors)
Apx SqFt(Htd/Cooled): 1588
Construction Status: Construction Complete
SqFt Source: Prop App Site
Lot Dimensions: 0x0
New Construction: No
Garage Y/N: No
Pool: Yes
Pool Type: Community
Sub-Type: Condominium
Bedrooms: 3
Full Baths: 2
Total Baths: 2
Year Built: 2005
Remarks & Misc
Remarks: ***INVESTORS - PROJECTED RENTAL INCOME UP TO $86K!***
VIEWS, VIEWS, VIEWS! This exceptional 3BR/2BA corner unit at Sterling Reef offers some of the most unobstructed, breathtaking Gulf views on the beach! This is a show stopping unit and perfect for the smart investor! Enjoy a true coastal lifestyle with panoramic vistas of turquoise waters and sugar-white sands from the moment you walk in. The Gulf-front primary suite opens to a spacious balcony that extends to the living area—ideal for savoring sunrises, unwinding at sunset, or entertaining with a view.
Sterling Reef provides resort-style amenities, including two beachfront pools, a fitness center, outdoor grilling and picnic areas, and private beach access. Recent building enhancements—such as updated elevators and refreshed exterior finishes—offer added peace of mind. Perfectly positioned next to the County Pier, across from Shipwreck Island Waterpark, and just minutes to Pier Park, this beautifully located unit delivers the ultimate blend of luxury, convenience, and coastal living on Panama City Beach.
Appliances
Dishwasher: 1
Microwave: 1
Range - Electric: 1
Refrigerator: 1
Washer/Dryer Stacked: 1
Interior Features
Floor - Tile: 1
Kitchen Island: 1
Exterior
Balcony: 1
Waterfront Feature
Shore - Beach: 1
Association Fees Include
Accounting: 1
BBQ Pit/Grill: 1
Beach: 1
Exercise Room: 1
Ground Keeping: 1
Internet-WiFi: 1
Management: 1
Master Association: 1
Pest Control: 1
Picnic Area: 1
Pool: 1
Recreational Faclty: 1
Repairs/Maintenance: 1
Security: 1
Sewer: 1
Trash Disposal: 1
TV Cable: 1
Water: 1
Financing
Cash: 1
Conventional: 1
Furnished
Furnished: 1
Interior
Floor - Carpet: 1
Mstr Bath / Mstr Bdrm
MBath Garden Tub: 1
MBed Waterfront: 1
Association Amenities
BBQ Pit/Grill: 1
Beach: 1
Community Room: 1
Dumpster: 1
Elevators: 1
Picnic Area: 1
Pool: 1
Waterfront: 1
Whirlpool: 1
Recreation Facilities: 1
Rooms
Bedroom: 1
Master Bedroom: 1
Showing
ShowingTime: 1
Utilities
Electricity - Connected: 1
Public Sewer - Connected: 1
Public Water - Connected: 1
Waterview
Gulf: 1
Sale Type
As Is: 1
Waterfront Type
Gulf: 1
Master Bedroom
First: 1
Bedroom
First: 1
Cooling
Ceiling Fan(s): 1
Electric: 1
Heating
Electric: 1
Property Features
Appliances: Dishwasher; Microwave; Range - Electric; Refrigerator; Washer/Dryer Stacked
Master Bedroom: First
Bedroom: First
Cooling: Ceiling Fan(s); Electric
Heating: Electric
Exterior: Balcony
Association Fees Include: Accounting; BBQ Pit/Grill; Beach; TV Cable; Exercise Room; Internet-WiFi; Ground Keeping; Repairs/Maintenance; Management; Master Association; Pest Control; Picnic Area; Pool; Recreational Faclty; Security; Sewer; Trash Disposal; Water
Financing: Cash; Conventional
Furnished: Furnished
Interior: Floor - Carpet
Association Amenities: BBQ Pit/Grill; Beach; Community Room; Dumpster; Elevators; Picnic Area; Pool; Recreation Facilities; Whirlpool; Waterfront
Rooms: Bedroom; Master Bedroom
Sale Type: As Is
Showing: ShowingTime
Utilities: Electricity - Connected; Public Sewer - Connected; Public Water - Connected
Waterfront Type: Gulf
Waterfront Feature: Shore - Beach
Waterview: Gulf
Room Information
| Room Name | Level | Dimensions | Length | Width | Dimensions |
| Master Bedroom | First | 19 x 11 | 19.00 | 11.00 | 19 x 11 |
| Bedroom | First | 14 x 11 | 14.00 | 11.00 | 14 x 11 |
| Bedroom | First | 12 x 10 | 12.00 | 10.00 | 12 x 10 |
Listing Office: Coldwell Banker Realty
Last Updated: January - 20 - 2026
Information deemed reliable but not guaranteed.
