Island Reserve Homes under $250,000

Island Reserve Homes under $250,000

Welcome to Island Reserve, a hidden gem nestled in the vibrant heart of Panama City Beach, Florida. This charming subdivision offers the perfect blend of coastal living and modern convenience, making it an ideal choice for families, retirees, and anyone looking to escape to the sun-kissed shores of the Emerald Coast.

One of the standout features of Island Reserve is its affordability. With homes priced under $250,000, this community provides an exceptional opportunity for first-time buyers and investors alike. Each residence is designed with comfort and style in mind, featuring spacious layouts, contemporary finishes, and access to a wealth of community amenities. Imagine relaxing by the sparkling pool, enjoying a leisurely stroll along the beautifully landscaped grounds, or gathering with friends at the clubhouse—Island Reserve has it all!

The location is another highlight, as residents enjoy easy access to the stunning beaches of Panama City Beach, renowned for their soft white sands and crystal-clear waters. The area is also home to an array of dining, shopping, and entertainment options, ensuring that you’re never far from the action. Whether you’re indulging in fresh seafood at a local eatery or exploring the vibrant nightlife, there’s always something to discover.

Island Reserve is more than just a place to live; it’s a community where neighbors become friends and memories are made. If you’re seeking an affordable slice of paradise in Bay County, look no further than Island Reserve—your dream home awaits!

Newest Island Reserve Homes under $250,000

8700 Front Beach Road Unit 6310, Panama City Beach
$234,900
1 Beds ⋅ 2 Baths ⋅ 795490 MLS
Beautifully updated and exceptionally spacious, this 1-bedroom, 1.5-bath end condo offers one of the most desirable and unique layouts! With an impressive 1,588 square feet of living space spanning two levels, this immaculate residence features fresh paint, new LVP flooring, 10-foot ceilings, crown molding, new light fixtures, abundant storage, and two private balconies overlooking the resort-style pool. Occupying the top two floors of the building, this condo shares only one wall with a neighboring unit, offering added privacy along with beautiful sunset and pool views. The main level features an open and spacious living and dining area, half bath, private balcony, and a well-appointed kitchen with stainless steel appliances, granite countertops, modern backsplash, and solid wood cabinetry. Upstairs, you'll find an oversized primary bedroom with added soundproofing, two walk-in closets, and access to a second private balcony. The beautifully updated primary bath features a double vanity and walk-in shower. This level also includes the laundry area with a new washing machine, an oversized owner's closet, and plenty of additional storage throughout. Located within a gated community, owners and guests can enjoy resort-style amenities including a pool with waterfalls, hot tub, interactive splash pad, fitness center, basketball court, game room, and media center. Conveniently located on Front Beach Road and just minutes from the sugar-white sands and emerald-green waters of Panama City Beach, this property offers easy access to shopping, dining, entertainment, and everything the beach has to offer. Furniture is negotiable. Spacious, updated, private, and move-in ready--this is a truly unique property you won't want to miss!

8700 Front Beach Road Unit 6310, Panama City Beach
8700 Front Beach Road Unit 4110, Panama City Beach
$250,000
2 Beds ⋅ 3 Baths ⋅ 794320 MLS
Luxury living at Island Reserve in Panama City Beach! This spacious 2-bedroom, 2.5-bathroom condo spans 1,325 square feet of beautifully designed interior space. The thoughtful layout features an open-concept living area seamlessly connecting the kitchen, dining, and main living spaces--ideal for effortless entertaining and everyday comfort. Both full bedrooms serve as private suites with generous closet space, while a convenient half-bath accommodates guests. Stepping outside, you will find a large private balcony accessible from the living room and bedrooms, perfect for taking in the fresh coastal breeze. Situated in a premier gated community, residents enjoy an exceptional array of resort-style amenities, including a massive one-acre resort lagoon-style pool complete with waterfalls and a splash pad, a fully equipped fitness center, an indoor basketball court, pickleball courts, and a resident clubhouse with a game room. Island Reserve offers a tranquil residential atmosphere close to world-class dining, shopping, and the sugar-white sands of the Gulf. Whether you are searching for a primary residence or a serene coastal getaway, this unit delivers the ultimate blend of comfort, style, and convenience.

8700 Front Beach Road Unit 4110, Panama City Beach
8700 Front Beach Road Unit 3106, Panama City Beach
$198,895
1 Beds ⋅ 1 Baths ⋅ 794306 MLS
The Seller is interested in offering, ''Owner Financing'' , or ''lease to own '' with favorable terms. This could be your new Home, or A Proven Income stream, seller has documented rental income, this is literally a Ground floor opportunity. Ground floor Units come around once in a Blue Moon at Island Reserve. This one has that with two covered parking spaces. The unit has a bonus room that can be used as you like; often as an additional bedroom, or bunk room. This Unit is spacious with high ceilings, and an open floor design, exploiting the warm sunlight. With crown molding, wood and tile floors, granite counter tops and an updated kitchen with modern appliances. The master bedroom has a double vanity with a large tub and shower type design. This residence features a Large laundry area that will accommodate a full size washer and dryer. The Island Reserve Community is not only modern, it is one of the most amenity rich communities in Panama City Beach, featuring an excellent fitness facility, game room, theater room with a huge screen, basketball court and volleyball courts, with a Dream Pool that features a waterfall; all wrapped up in a safe gated area with modern styling. Island Reserve allows Owners to have dogs, which is becoming increasingly rare. It is very close to our beautiful sandy beaches, and centrally located to all that is Panama City Beach, making this an attractive investment opportunity.

8700 Front Beach Road Unit 3106, Panama City Beach
8700 Front Beach Road Unit 3308, Panama City Beach
$215,000
1 Beds ⋅ 1 Baths ⋅ 793091 MLS
Welcome to Island Reserve and this fully equipped 1-bedroom, 1-bath condo, with 1,071 square feet of living space, offering a remarkably spacious, upscale, resort-style living experience. Overlooking the beautiful courtyard, this well-maintained condo features 10-foot ceilings, crown moldings, granite countertops, wood and tile flooring, including a large bonus room or den ideal for a home office, media room, or guest nook. The kitchen area is designed with an open-concept layout that integrates seamlessly into the main living and dining spaces. This highly sought-after residential community is loved for its peaceful atmosphere, resort-style amenities, and true neighborhood feel. Short term rentals are prohibited, ensuring a quiet, residential atmosphere year-round. The multi-level parking garage allows you to park on the same floor as your unit, eliminating the need for stairs or elevators. Offering a strong social club with community events, steps away from the 1-acre tropical lagoon pool with waterfalls, indoor basketball/pickleball courts, fitness center, game room and gated security. Located just 1.4 miles from the sugar-white sands of Panama City Beach and minutes from the Hathaway Bridge, Island Reserve offers the perfect blend of tranquility and convenience. The unit comes furnished or unfurnished, buyer's preference.

8700 Front Beach Road Unit 3308, Panama City Beach
8700 Front Beach Rd Unit UNIT 3303, Panama City Beach
$230,000
1 Beds ⋅ 1 Baths ⋅ 1008094 MLS ⋅ 1,588 SqFt.
Welcome to your completely renovated Panama City condo, where modern design meets effortless coastal living. Every detail has been thoughtfully updated, creating a truly move-in-ready home with high-end finishes throughout. Step inside to discover brand-new luxury vinyl plank flooring throughout the living areas, second floor, stairs, and closets, complemented by fresh interior paint on the ceilings, walls, trim, cabinetry, and built-ins. The open living spaces are enhanced with all-new recessed lighting, updated ceiling fans, stylish light fixtures, and floor-to-ceiling double-layer blackout curtains in both the living room and primary bedroom. The beautifully updated kitchen features freshly painted cabinetry, new pendant lighting, a new flush-mount ceiling fixture, a new sink, and a brand-new refrigerator, offering a clean, modern space that's perfect for everyday living or entertaining. The primary suite has been transformed into a luxurious retreat with dual sinks, elegant chandelier lighting, custom vanity trim, and a professionally designed walk-in closet complete with furniture-grade built-ins, custom shelving, double-hanging storage, black closet rods, and dedicated his-and-hers organization. The hall bathroom has also been tastefully updated with a new sink, vanity enhancements, and a new toilet, while both bathrooms feature brand-new toilets. Additional upgrades include a custom office with a newly added interior window opening, trim detail, and additional electrical outlets, along with new shoe molding throughout, professionally repaired drywall, and meticulous finish work that gives the entire condo a fresh, polished feel. From top to bottom, this extensive renovation leaves nothing to do but move in and enjoy everything Panama City has to offer. Whether you're looking for a full-time residence, vacation getaway, or investment opportunity, this turnkey condo offers exceptional style, quality, and value in one beautifully updated package.

8700 Front Beach Rd Unit UNIT 3303, Panama City Beach
8700 Front Beach Road Unit 3303, Panama City Beach
$230,000
1 Beds ⋅ 1 Baths ⋅ 792875 MLS
Welcome to your completely renovated Panama City condo, where modern design meets effortless coastal living. Every detail has been thoughtfully updated, creating a truly move-in-ready home with high-end finishes throughout. Step inside to discover brand-new luxury vinyl plank flooring throughout the living areas, second floor, stairs, and closets, complemented by fresh interior paint on the ceilings, walls, trim, cabinetry, and built-ins. The open living spaces are enhanced with all-new recessed lighting, updated ceiling fans, stylish light fixtures, and floor-to-ceiling double-layer blackout curtains in both the living room and primary bedroom. The beautifully updated kitchen features freshly painted cabinetry, new pendant lighting, a new flush-mount ceiling fixture, a new sink, and a brand-new refrigerator, offering a clean, modern space that's perfect for everyday living or entertaining. The primary suite has been transformed into a luxurious retreat with dual sinks, elegant chandelier lighting, custom vanity trim, and a professionally designed walk-in closet complete with furniture-grade built-ins, custom shelving, double-hanging storage, black closet rods, and dedicated his-and-hers organization. The hall bathroom has also been tastefully updated with a new sink, vanity enhancements, and a new toilet, while both bathrooms feature brand-new toilets. Additional upgrades include a custom office with a newly added interior window opening, trim detail, and additional electrical outlets, along with new shoe molding throughout, professionally repaired drywall, and meticulous finish work that gives the entire condo a fresh, polished feel. From top to bottom, this extensive renovation leaves nothing to do but move in and enjoy everything Panama City has to offer. Whether you're looking for a full-time residence, vacation getaway, or investment opportunity, this turnkey condo offers exceptional style, quality, and value in one beautifully updated package.

8700 Front Beach Road Unit 3303, Panama City Beach
8700 Front Beach Road Unit 1215, Panama City Beach
$193,000
1 Beds ⋅ 1 Baths ⋅ 789845 MLS
Welcome home to Island Reserve...this gated community is centrally located in the heart of Panama City Beach just a short drive to the Navy Base, beautiful gulf beaches, shopping, golf and fabulous waterfront dining as well as St. Andrews State Park! This is the ALL ONE-LEVEL 1 bedroom plus bonus room floorplan offering granite, stainless appliances plus washer/dryer stay! Seller added custom built-ins. Island Reserve offers exquisite sparkling pool with waterfall, media center, indoor basketball, gym, clubhouse and hot tub!

8700 Front Beach Road Unit 1215, Panama City Beach
8700 Front Beach Unit 5312, Panama City Beach
$222,000
1 Beds ⋅ 2 Baths ⋅ 780708 MLS
Do not miss: One of the Best deal at Island Reserve Condo ,centrally located at the heart of Panama City Beach . Elite gated community for Permanent residents , second home owners and long term rentals investors. For outside fun and relaxation, Island Reserve grounds boast an incredible pool, hot tub, courtyard.... Clubhouse with basketball, pickle ball, fitness center, game room, and movie room. This complex does not permit short-term rentals, ensuring a peaceful, community-focused environment. Proximity to Beautiful Beaches, shopping and dining with easy access to Front Beach Rd and Panama City Beach Pkwy. Unit #5312 is 1588 square feet -2 story 1 bedroom with 1,5 bath has incredible location, with both balconies are facing quite North side for more privacy , and has tons of upgrades : recently painted and decorated with all new furniture ,that unit boasts with spacious living room, extra large enclosed storage space and huge master bedroom with walk in closet. New washer and dryer has been recently installed. The 3rd floor unit is close to elevator and you may park on the 3 rd level as well next to walk thru. Price is right. Offered fully furnished and move-in ready, this condo is ready for new owners to call it Sweet Home.

8700 Front Beach Unit 5312, Panama City Beach
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