Ocean Reef Islands – The Palms Beach Resort | Exclusive Private Island Living In Panama City
2 Beds
3 Baths
1,975 Sqft
1,975 Sqft lot
Updated: August 17
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About the Property
Discover an extraordinary opportunity to own a luxury residence at The Palms Beach Resort, an exclusive oceanfront development located on Ocean Reef Islands, the first man-made islands in Latin America. Offering a rare combination of private island serenity and immediate access to Panama City’s financial and cultural center, this prestigious community delivers an unparalleled waterfront lifestyle
Discover an extraordinary opportunity to own a luxury residence at The Palms Beach Resort, an exclusive oceanfront development located on Ocean Reef Islands, the first man-made islands in Latin America. Offering a rare combination of private island serenity and immediate access to Panama City’s financial and cultural center, this prestigious community delivers an unparalleled waterfront lifestyle surrounded by world-class amenities, natural beauty, and sophisticated design.
Listing #5088
[hidden information]
Mortgage and financing options available with approved credit (OAC).
Cryptocurrency purchases are also welcome.
## Property Highlights
• Price Range: $1,057,143 USD – $1,346,794 USD • Residence Sizes: 183.40 m² – 254 m² • 2 to 3 Bedrooms • 2.5 to 3.5 Bathrooms • Private parking included • Monthly HOA Fee: $800 USD – $1,373 USD • Private island residence in Ocean Reef Islands • Located on Island II, minutes from downtown Panama City • Oceanfront resort-style community • Contemporary architecture surrounded by tropical landscapes
## Sophisticated Island Living
The Palms Beach Resort redefines urban luxury living by bringing the tranquility of a private island together with the convenience of city life. Designed with privacy and comfort in mind, the development features seven boutique buildings with only one or two residences per floor, maximizing natural light, cross ventilation, and exclusivity.
Each residence offers elegant layouts, refined finishes, and thoughtfully designed spaces that create a seamless connection between indoor comfort and the surrounding ocean environment.
## World-Class Resort Amenities
Residents enjoy an exceptional collection of private amenities designed for relaxation, wellness, and entertainment:
• Resort-style swimming pools with swim-up bar • Fire pits and oceanfront lounge areas • Yoga decks and tropical gazebos • Coworking spaces • Outdoor kitchens and chef’s tables • Fishing pier and dolphin-watching areas • Tropical gardens and walking paths • Fitness center • Spa, sauna, and massage rooms • Direct beach access
## Exclusive Ocean Lifestyle
Life at Ocean Reef Islands offers a unique marine experience within Panama City. Residents enjoy access to the Ocean Reef Water Sports Center, featuring paddleboarding, kayaking, outrigger canoeing, and Seadoo activities directly from the island.
Additional private island amenities include:
• Private marina and yacht club • Heliport • Tennis, squash, and multi-sport courts • Beach volleyball • Children’s playground • Urban parks and scenic lookout decks
## Prime Panama City Location
Enjoy the privacy and exclusivity of island living while remaining minutes away from Panama City’s finest restaurants, shopping destinations, international schools, entertainment venues, and business centers.
Ocean Reef Islands has become one of Panama’s most prestigious residential addresses, attracting international buyers seeking privacy, security, lifestyle, and long-term value.
## Why You Will Love It
The Palms Beach Resort offers a rare opportunity to own a luxury waterfront residence where architecture, nature, and the ocean come together. Whether as a primary residence, vacation retreat, or investment property, this exclusive development provides an exceptional lifestyle in one of Panama’s most sought-after communities.
## Investment Opportunity
With limited availability, premium amenities, and increasing demand for luxury waterfront residences, Ocean Reef Islands represents one of Panama’s strongest real estate opportunities. The Palms Beach Resort combines exclusivity, location, and lifestyle appeal for discerning buyers seeking a unique international asset.
## Contact
Ken Norton (English) WhatsApp: [hidden information]
Panama Properties specializes in luxury real estate across Panama, offering exclusive beachfront homes, mountain re
Panama Properties specializes in luxury real estate across Panama, offering exclusive beachfront homes, mountain retreats, luxury city residences, and premium investment opportunities. With a strong presence in Pedasí, Panama City, Playa Venao, Coronado, Boquete, and other sought-after destinations, we have built a reputation for excellence, integrity, and exceptional client service. Whether you’re looking for a beachfront escape, a mountain retreat, or a sophisticated urban residence, our experienced team provides personalized guidance and expert support from your property search through closing, ensuring a seamless and rewarding buying experience.
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Last updated
August 17
First listed
Aug 6
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