10625 Front Beach Rd #505, Panama City Beach, FL 32407
About this home
Ocean Villa 2 bedroom that has been nicely upgraded. The floors are lvp and are the same throughout the condo. Master bath features a glassed in tile shower. Comes furnished in turn key rental ready. Easy access on the fifth floor and walkover skybridge on the third floor. Ocean Villa is a well managed condo with lower condo dues.
CondoProperty Type
2006Year Built
$403Est. Price/Sq.Ft.
1 spaceParking
Listed by The Emerald Coastal Team• Counts Real Estate Group Inc
Incredible investment with positive cash flow! This beautiful 2-bedroom, 2-bath Gulf front unit is a phenomenal rental property bringing in $43,000+ annually, which is very rare for a 2BR in Panama City Beach ( * After cleaning fees & taxes, rental income is $36,144.79). The unit is being sold fully furnished & decorated and sleeps 8. Interior features include raised ceilings, crown molding, Gulf front master bedroom and an open floor plan. There are granite countertops in the kitchen and the master bathroom has been upgraded with a custom walk-in shower. The curved balcony is accessed from the living area and is very spacious totaling 271 feet overlooking the Gulf of Mexico. Being on a desirable lower floor, you are close enough to hear the waves! The master bedroom also has balcony access and an en-suite bathroom with tile floors. The room is split from the guest bedroom for privacy and features a king bed. The guest bedroom has two queen beds and an en-suite bathroom and there is a full sleeper sofa in the living area. There is plenty of room to comfortably seat guests in the dining area and granite breakfast bar with 10 seats. Dine to Gulf views or relax in the inviting living area. There is a stackable washer & dryer in the unit and an owner's closet. This property is turn key and the AC was just replaced in 2015. Ocean Villa is located directly on the beach on Front Beach Road near Thomas Drive. The resort offers an incredible paver stone pool deck with two Gulf front pools (one indoor/outdoor), a hot tub, gas grills and plenty of space to lounge. There is also a fitness center and steam & sauna to enjoy. Lush tropical landscaping surrounds the property and there is an elevated skyway with covered parking garage. Located in the heart of Panama City Beach, take a walk to one of many restaurants in the area, or shop at one of the local boutiques. Do not miss out!
ECAR #752951
Sep 9, 2016
Sold
$283,000
$247/sq ft
Sep 9, 2016
Sold
$283,000
$247/sq ft
May 17, 2016
Listed
$294,900
$257/sq ft
May 17, 2016
Listed
$294,900
$257/sq ft
+15
Incredible investment with positive cash flow! This beautiful 2-bedroom, 2-bath Gulf front unit is a phenomenal rental property bringing in $43,000+* annually, which is very rare for a 2BR in Panama City Beach (*After cleaning fees & taxes, rental income is $36,144.79). The unit is being sold fully furnished & decorated and sleeps 8. Interior features include raised ceilings, crown molding, Gulf front master bedroom and an open floor plan. There are granite countertops in the kitchen and the master bathroom has been upgraded with a custom walk-in shower. The curved balcony is accessed from the living area and is very spacious totaling 271 feet overlooking the Gulf of Mexico. Being on a desirable lower floor, you are close enough to hear the waves! The master bedroom also has balcony access and an en-suite bathroom with tile floors. The room is split from the guest bedroom for privacy and features a king bed. The guest bedroom has two queen beds and an en-suite bathroom and there is a full sleeper sofa in the living area. There is plenty of room to comfortably seat guests in the dining area and granite breakfast bar with 10 seats. Dine to Gulf views or relax in the inviting living area. There is a stackable washer & dryer in the unit and an owner's closet. This property is turn key and the AC was just replaced in 2015. Ocean Villa is located directly on the beach on Front Beach Road near Thomas Drive. The resort offers an incredible paver stone pool deck with two Gulf front pools (one indoor/outdoor), a hot tub, gas grills and plenty of space to lounge. There is also a fitness center and steam & sauna to enjoy. Lush tropical landscaping surrounds the property and there is an elevated skyway with covered parking garage. Located in the heart of Panama City Beach, take a walk to one of many restaurants in the area, or shop at one of the local boutiques. Do not miss out!
Public Records
Dec 4, 2006
Sold
$350,000
$305/sq ft
ECAR #448304
Nov 13, 2006
Sold
$275,000
$240/sq ft
Nov 13, 2006
Sold
$275,000
$240/sq ft
May 9, 2003
Listed
$275,000
$240/sq ft
May 9, 2003
Listed
$275,000
$240/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$5,708 (+3.3%)
2024
$5,525 (+4.8%)
2023
$5,271 (+26.8%)
2022
$4,157 (+14.2%)
2021
$3,639 (+1.8%)
$290,700
2020
$3,576 (+9.4%)
$290,700
2019
$3,267 (+9.4%)
2018
$2,986 (+12.1%)
$242,250
2017
$2,664 (+3.0%)
$233,750
2016
$2,586 (+4.5%)
$223,040
2015
$2,475 (+6.1%)
2014
$2,333
Tax history for 10625 Front Beach Rd #505
Year
Property tax
Land + Additions
Assessment*
2025
$5,708 (+3.3%)
2024
$5,525 (+4.8%)
2023
$5,271 (+26.8%)
2022
$4,157 (+14.2%)
2021
$3,639 (+1.8%)
$290,700
2020
$3,576 (+9.4%)
$290,700
2019
$3,267 (+9.4%)
2018
$2,986 (+12.1%)
$242,250
2017
$2,664 (+3.0%)
$233,750
2016
$2,586 (+4.5%)
$223,040
2015
$2,475 (+6.1%)
2014
$2,333
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
2
Baths
2
Stories
—
Lot width
—
Lot depth
—
Lot size
—
Year renovated
2006
Sq. Ft.
1,146
Year built
2006
Style
Condo/Co-op
County
Bay County
APN
40000200016
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jun 18, 2026.
Property details
Parking
Parking
Features: Additional Parking
Interior
Virtual Tour
Bathroom Information
# of Full Bathrooms: 2
Room Information
# of Rooms (Total): 4
Room Types: Bedroom, Kitchen, Living Room, Primary Bedroom
Room 1 Information
Kitchen
Level: First
Dimensions: 10 x 9
Length: 10.0
Width: 9.0
Room 2 Information
Living Room
Level: First
Dimensions: 27 x 14
Length: 27.0
Width: 14.0
Room 3 Information
Bedroom
Level: First
Dimensions: 14 x 12
Length: 14.0
Width: 12.0
Room 4 Information
Level: First
Dimensions: 14 x 14
Length: 14.0
Width: 14.0
Equipment
Appliances: Electric Oven, Electric Water Heater
Interior Features
Window Features: Storm Windows
Door Features: Storm Door(s)
Exterior
Building Information
Construction Details: Steel Frame, Stucco
Exterior Features
Patio And Porch Features: Balcony, Covered, Porch
Security Features: Fire Sprinkler System, Security Lights, Fire Alarm, Smoke Detector(s), Security Service
Mobile Home Information
Mobile Dimension Units: Feet
Pool and Spa Information
Pool Features: Electric Heat, In Ground, Community
Spa Features: Community
Lot Information
Lot Size Dimensions: n/a
Lot Features: Paved
Road Frontage Type: City Street
Road Responsibility: Public Maintained Road
Is Waterfront
Waterfront Features: Gulf
Zoning Description: Resid Multi-Family
Property Information
Has View
Entry Level: 5
Foundation Details: Pillar/Post/Pier
Utilities
Utility Information
Utilities: Cable Connected, Electricity Available
Sewer: Public Sewer
Heating & Cooling
Has Cooling
Cooling: Central Air
Has Heating
Heating: Central, Electric
Location
Multi Unit Information
Units Furnished: All Units
HOA Information
Has Home Owners Association
Association Amenities: Barbecue, Spa/Hot Tub, Storage
Community Information
Community Features: Barbecue, Beach, Clubhouse, Elevator, Fitness Center, Pool, Sauna, Waterfront, Community Pool, Short Term Rental Allowed
Public facts
Beds: 2
Baths: 2.0
Sq. Ft.: 1,146
Stories: —
Lot Size: —
Style: Condo/Co-op
Year Built: 2006
Year Renovated: 2006
County: Bay County
APN: 40000200016
Home facts updated by county records on Jun 18, 2026