503 Lighthouse Rd, Unit 503

$199,000
Price
2
Beds
935 Sq. Ft.
$213 / Sq. Ft.
935
Sq. Ft.
$213
per Sq. Ft.

Description

Short term rentals allowed! Welcome to the heart of Panama City Beach! Nautilus Cove Condos offers nice amenities like a large lagoon style pool, fitness center, and playground. Location is ideal as the beach is only 1 mile away and shopping, schools, and entertainment are just over 2 miles. This delightful 2 bedroom 2 bath downstairs unit allows short term rentals. The flooring was recently updated and kitchen/baths have granite counter tops. Whether you're purchasing as an investment or as your...Short term rentals allowed! Welcome to the heart of Panama City Beach! Nautilus Cove Condos offers nice amenities like a large lagoon style pool, fitness center, and playground. Location is ideal as the beach is only 1 mile away and shopping, schools, and entertainment are just over 2 miles. This delightful 2 bedroom 2 bath downstairs unit allows short term rentals. The flooring was recently updated and kitchen/baths have granite counter tops. Whether you're purchasing as an investment or as your forever home, this furnished unit is turn key and ready for you. If measurements deemed important, please verify.
  1. Listed by Tina Lamonica • Think Real Estate
    P: (850)-832-7162 C: (850)-832-7162 tina.lamonica@whenyouthink.com

Property Details for 503 Lighthouse Road, Unit 503

Architectural Style
N/A
Subdivision Name
Nautilus Cove Condo
LISTING UPDATED: 11/04/2025 08:13 AM

Property Details for 503 Lighthouse Road, Unit 503

StatusActive
MLS #977500
Days on Market310
Taxes$2,239 / year
HOA Fees$1,482 / quarter
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeResidential / Condominium
Year Built2006
CountyBay County

Location

Listing Courtesy of Think Real Estate
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Building Information for 503 Lighthouse Road, Unit 503

Building/Complex503 Lighthouse RdFloor5Stories-Residences-Pet Policy-Pet Policy Details-Year Built2006

Payment Calculator

$1,664 per month

30 year fixed, 6.28% Interest

Principal and Interest

$983

Property Taxes

$187

HOA Dues

$494

The Payment Calculator is for illustrative purposes only.

Property Information for 503 Lighthouse Road, Unit 503

Summary
Location and General Information
  • Community Features: Pool
  • Directions: From Hathaway Bridge, travel west on PCB Pkwy, right into the Nautilus Cove Condo complex, turn right. Downstairs Unit located in building 5.
  • MLS Area Minor: 2721 - Beach - North Central
  • MLS Area Major: 27 - Bay County
  • Latitude: 30.210059
  • Longitude: -85.845394
  • Location Tax and Legal:Sub Area: 2721 - Beach - North Central
  • Location Tax and Legal:Elementary School: Breakfast Point
  • Location Tax and Legal:Middle School: Breakfast Point
  • Location Tax and Legal:High School: Arnold
  • Location Tax and Legal:Legal Description: NAUTILUS COVE CONDO PHASE 4 UNIT 503 ORB 2832 P 523 1ST FLOOR 2BR/2BA ORB 4700 P 379 935 SQ.FT.
  • Project Facilities: Pool2
Taxes and HOA
  • Association Fee Frequency: Quarterly
  • Association Fee Includes: Accounting, Ground Keeping, Water, Trash
  • Association Fee2: $1,482
  • Tax Legal Description: NAUTILUS COVE CONDO PHASE 4 UNIT 503 ORB 2832 P 523 1ST FLOOR 2BR/2BA ORB 4700 P 379 935 SQ.FT.
  • Parcel Number: 40000-100-036
  • Association Fee: $0
  • Association YN: Yes
  • Tax Annual Amount: $2,239
  • Listing Info Tax Legal:Last Taxes: $2,239
  • Listing Info Tax Legal:Last Tax Year: 2024.0
School Information
  • Elementary School: Breakfast Point
  • Middle Or Junior School: Breakfast Point
  • High School: Arnold
Parking
  • Carport YN: No
Property
Lot Information
  • Building Area Source: County PA Records
  • Lot Size Acres: 0.0
  • Lot Size Area: 0.0
  • Lot Size Units: Acres
  • Property Condition: Construction Complete
  • Building Area Total: 935.0
  • Lot Size Square Feet: 0.0
  • General Property Info:SqFt Source: County PA Records
Property and Assessments
  • Tax Year: 2024.0
  • Floor Plans Count: 1.0
  • Property Type: Residential,Condo
  • Year Built: 2006.0
  • Property Sub Type: Condominium
  • New Construction YN: No
  • General Property Info:Sub-Type: Condominium
  • General Property Info:Design: N/A
  • Construction Status: Construction Complete
  • Construction Siding: Siding CmntFbrHrdBrd
Utilities
  • Sewer: Public Sewer
  • Utilities: Electric, Public Water
  • Electric: True
  • Utilities: Electric, Public Sewer, Public Water
  • Energy: AC - Central Elect, Heat Cntrl Electric, Water Heater - Elect
Interior and Exterior Features
Exterior Features
  • Construction Materials: Siding CmntFbrHrdBrd
  • Pool Features: Pool Type
  • General Property Info:Stories In Unit: 2.0
  • General Property Info:Unit Floors Above Ground: 1.0
  • General Property Info:Pool: Yes
  • General Property Info:Pool Type: Community
Interior Features
  • Heating: Central
  • Cooling: Central Air
  • Room Type: Bedroom, Living Room, Kitchen
  • Rooms Total: 4.0
  • Bathrooms Total Integer: 2.0
  • Bathrooms Total Decimal: 2.0
  • Bathrooms Total Notational: 2.0
  • Cooling YN: Yes
  • Heating YN: Yes
  • Bedrooms Total: 2.0
  • Bathrooms Full: 2.0
  • Bathrooms Half: 0.0
  • Appliances: Dishwasher, Dryer, Refrigerator, StoveOven Electric, Washer
Room Information
Room 1
  • Room Type: Bedroom
  • Room Level: First
  • Room Length: 11.0
  • Room Width: 12.0
  • Room Dimensions: 11 x 12
Room 2
  • Room Type: Bedroom
  • Room Level: First
  • Room Length: 11.0
  • Room Width: 12.0
  • Room Dimensions: 11 x 12
Room 3
  • Room Type: Living Room
  • Room Level: First
  • Room Length: 14.0
  • Room Width: 14.0
  • Room Dimensions: 14 x 14
Room 4
  • Room Type: Kitchen
  • Room Level: First
  • Room Length: 5.0
  • Room Width: 9.5
  • Room Dimensions: 5 x 9.5
Rental
Rent Information
  • Listing Info Tax Legal:Is Subject Leased: No

Property History for 503 Lighthouse Road, Unit 503

DateEvent & SourcePriceAppreciation
Nov 4, 2025

Listed (Active)

ECAR #977500

$220,000—
Oct 23, 2025

Pending

ECAR #977500

—
Jul 2, 2025

Price Change

ECAR #977500

$199,000—
May 29, 2025

Listed (Active)

ECAR #977500

$220,000—
Oct 23, 2024

Expired

ECAR #943037

$239,000—
Feb 23, 2024

Listed (Active)

ECAR #943037

$257,500—
Jun 14, 2023

Sold

ECAR #919959

$185,000—
May 12, 2023

Pending

ECAR #919959

—
Apr 18, 2023

Listed (Active)

ECAR #919959

$205,000—
DateEvent & SourcePrice
11/04/2025

Listed (Active)

ECAR #977500

$220,000
10/23/2025

Pending

ECAR #977500

—
07/02/2025

Price Change

ECAR #977500

$199,000
05/29/2025

Listed (Active)

ECAR #977500

$220,000
10/23/2024

Expired

ECAR #943037

$239,000
02/23/2024

Listed (Active)

ECAR #943037

$257,500
06/14/2023

Sold

ECAR #919959

$185,000
05/12/2023

Pending

ECAR #919959

—
04/18/2023

Listed (Active)

ECAR #919959

$205,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 503 Lighthouse Road, Unit 503

This home is within Bay.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 3
Rating
School
Distance
Hutchison Beach Elementary School
PublicK to 5

Surfside Middle School
Public6 to 8

J.R. Arnold High School
Public9 to 12

A. Gary Walsingham Academy
PublicPK to 3

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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503 Lighthouse Road, Unit 503 is a condo for sale in Panama City Beach, FL 32407. This property was listed for sale on May 29, 2025 by Think Real Estate, it's currently listed at $199,000. It has been on the market for a total of 310 days and was last sold on June 14, 2023. This listing's school district is Bay. Nearby schools include Hutchison Beach Elementary School, Surfside Middle School and J.R. Arnold High School. 503 Lighthouse Road, Unit 503 is a 2-bed, 2-bath, 935 sqft condo built in 2006.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Think Real Estate

The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Information deemed reliable but not guaranteed. Copyright© 2025 Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. All Rights Reserved.