
10611 Front Beach Road 503, Panama City Beach, FL 32407
Ocean Ritz · Bay County
Key Facts
Description
Ocean Ritz 503 offers the ultimate Gulf-front retreat with 4 bedrooms, 4 full bathrooms, including 2 Gulf-front primary suites, and an expansive 12.5' x 40' balcony designed to maximize the breathtaking Emerald Coast views. The living room and both Gulf-front primary bedrooms open directly to the oversized balcony through stunning floor-to-ceiling sliding glass doors, creating seamless indoor-outdoor living and filling the space with natural light and panoramic Gulf views. This beautifully maintained condo includes a highly desirable assigned covered parking space. Updated in April 2020, the unit features new furniture, décor, and mattresses, creating a fresh coastal ambiance throughout. Major improvements include a complete HVAC system replacement in 2016 with an Airborne virus-killing blue light ionization air purifier, plus a new hot water heater and washer/dryer installed in 2019. Ocean Ritz amenities include a Gulf-front pool, hot tub, fitness center, sauna, and steam room. Conveniently located near Pier Park, Shipwreck Island Waterpark, and St. Andrews State Park, this spacious beachfront condo is ideal as a primary residence, second home, or investment property - offering luxury, comfort, and convenience in the heart of Panama City Beach.
Property Information
Property Type
Residential
Sub-Type
Condominium
Style
N/A
Year Built
2006
Stories
21
Living Area
1,637 sq ft
Garage Spaces
1
Parking Spaces
2
Days on Market
13
MLS® Listing#
1004752
Property Features
Interior
Exterior
Appliances
Cooling
Heating
Flooring
Pool
Parking
Lot Features
Construction
Roof
Windows
Security
Community
Utilities
Sewer
Water Source
Rooms
- 40 x 12.5First
- Bedroom15 x 11.08First
- Bedroom12 x 11.08First
- Bedroom12 x 10.66First
- Kitchen10 x 10First
- Living Room31 x 14First
- Master Bedroom16 x 11First
Schools
- Elementary:
- Hutchinson Beach
- Middle:
- Surfside
- High:
- Arnold
Financial Details
HOA
$1,175 / Monthly
Annual Taxes
$7,948
Tax year 2025
Assessed Value
$1,175
Parcel Number
40000-250-009
Directions
East on Panama City Parkway (US 98). Turn right on Robert Jackson Rd. Follow to Front beach Rd. Turn Left. Ocean Ritz will be on the Right.
Affordability Calculator
$181,600
Estimated monthly payment
$4,833/mo
Principal $726,400 · Est. interest $1,013,393 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Panama City Beach, FL
- $471,320
- Median Listing Price
- 117
- Median Days on Market
- 1,450
- Median Sq Ft
- $353
- Median Price / Sq Ft
- 31,383
- Active Listings
- This home’s price is 93% above the area median.
- Its price per sq ft is 57% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Panama City Beach, FL.
Location
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EXIT Agents in Panama City Beach
Listing Courtesy: EXP Realty LLC - 8504602900










