Sold
Last Sold Price
2 beds935 sqft
505 Lighthouse Rd, Panama City Beach, FL 32407
CondoProperty Type
2006Year Built
$187/sq ftPrice per sq ft

Description

SHORT TERM RENTALS ALLOWED FOR THIS UNIT in Nautilus Cove. A charming coastal retreat in the heart of Panama City Beach. This well-maintained ground floor unit features an open living area, spacious kitchen, and inviting bedrooms designed for comfort. Enjoy the community's resort-style amenities including a sparkling pool, tennis courts, clubhouse, and beautifully landscaped grounds. Perfectly located just minutes from the beach, shopping, dining, and entertainment this property offers the ideal...SHORT TERM RENTALS ALLOWED FOR THIS UNIT in Nautilus Cove. A charming coastal retreat in the heart of Panama City Beach. This well-maintained ground floor unit features an open living area, spacious kitchen, and inviting bedrooms designed for comfort. Enjoy the community's resort-style amenities including a sparkling pool, tennis courts, clubhouse, and beautifully landscaped grounds. Perfectly located just minutes from the beach, shopping, dining, and entertainment this property offers the ideal blend of relaxation and convenience for an investment property, second home or primary residence. Schedule your showing today. New HVAC in 2025 (inside unit)
New Water heater 2023
New Refrigerator 2025
  • Listed by: Angela Hale • ERA Neubauer Real Estate, Inc
Listing closed: 10/31/2025 12:00 AM • Source: CPAR, MLS#: 778289

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Recent comparable sales

Median sold price

$179,000

Avg days on market

173

Sale-to-list ratio

90.4%

Panama City Beach, FL

9 comparable properties found

$170,000 | 512 Lighthouse Road, Panama City Beach, FL 32407
1/32
1

$170,000

Sold 08/31/26

2
Bedrooms
965
Square Feet
Unavailable
Acres
$175,000 | 503 Lighthouse Road, Panama City Beach, FL 32407
1/30
2

$175,000

Sold 06/05/26

2
Bedrooms
935
Square Feet
Unavailable
Acres
$175,000 | 503 Lighthouse Road, Unit 503, Panama City Beach, FL 32407
1/33
3

$175,000

Sold 06/05/26

2
Bedrooms
935
Square Feet
Unavailable
Acres
a view of city
1/33
4

$160,000

Sold 06/05/26

2
Bedrooms
1,200
Square Feet
Unavailable
Acres
$179,000 | 112 Fairway Boulevard, Unit 110, Panama City Beach, FL 32407
1/39
5

$179,000

Sold 05/14/26

2
Bedrooms
1,200
Square Feet
Unavailable
Acres
$205,000 | 112 Fairway Boulevard, Unit 103, Panama City Beach, FL 32407
1/27
6

$205,000

Sold 11/06/24

2
Bedrooms
1,200
Square Feet
Unavailable
Acres
$330,000 | 13020 Front Beach Road, Unit 205, Panama City Beach, FL 32407
1/27
7

$330,000

Sold 11/08/24

2
Bedrooms
1,025
Square Feet
Unavailable
Acres
$270,000 | 13020 Front Beach Road, Unit 101, Panama City Beach, FL 32407
1/14
8

$270,000

Sold 04/10/26

2
Bedrooms
1,025
Square Feet
Unavailable
Acres
$337,000 | 13020 Front Beach Road, Unit 104, Panama City Beach, FL 32407
1/13
9

$337,000

Sold 04/13/26

2
Bedrooms
1,025
Square Feet
Unavailable
Acres

Location

Listing Courtesy of ERA Neubauer Real Estate, Inc
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Payment Calculator

$1,121 per month

30 year fixed, 7.03% Interest

Principal and Interest

$934

Property Taxes

$187

HOA Dues

$0

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Property Information for 505 Lighthouse Road

Property Details
  • Taxes: $2,239 / year
  • MLS Type: Residential / Condominium / Condominium
  • County: Bay County
  • Architectural Style: Low Rise
  • Waterfront: No
  • Parking Features: Gated
  • Subdivision Name: Nautilus Cove Condo
  • Zoning Description: Resid Multi-Family
Building Information
  • Building/Complex: 505 Lighthouse Rd
  • Year Built: 2006
Summary
Location and General Information
  • City: Panama City Beach
  • County Or Parish: Bay
  • Directions: Take 98 west 13700 pcb parkway to Nautilus Cove , go through the gate, go through the circle, unit 505 will be on your left
  • State Region: FL
  • Postal Code: 32407
  • Latitude: 30.210169
  • Longitude: -85.845391
  • State Or Province: FL
  • MLS Area Major: 03 - Bay County - Beach
  • MLS Area Minor: 0321 - Beach - North Central
Taxes and HOA Information
  • Parcel Number: 40000-100-038
  • Association: Yes
  • Tax Annual Amount: $2,239.00
  • Tax Legal Description: NAUTILUS COVE CONDO PHASE 4 UNIT 505 ORB 2832 P 523 1ST FLOOR 2BR/2BA ORB 4731 P 83 935 SQ.FT.
  • Tax Year: 2024
School Information
  • Elementary School: Hutchison Beach
  • High School: Arnold
  • Middle Or Junior School: Surfside
Parking
  • Attached Garage: No
  • Garage: No
Property
Lot Information
  • Building Area Total: 935.0
  • Lot Size Dimensions: 0x0
  • Living Area Source: Appraiser
Property and Assessments
  • Year Built: 2006
  • New Construction: No
  • Human Modified: No
Utilities
  • Sewer: Public Sewer
  • Utilities: Electricity Available
Interior and Exterior Features
Exterior Features
  • Pool Features: Gunite, In Ground, Community
  • Association Amenities: Picnic Area
  • Community Features: Playground, Pool, Community Pool, Gated, Short Term Rental Allowed
  • Security Features: Gated Community, Security Gate
Interior Features
  • Bathrooms Full: 2
  • Bathrooms Total: 2
  • Bedrooms Total: 2
  • Rooms Total: 2
  • Cooling: Yes
  • Cooling: Central Air
  • Heating: Yes
  • Heating: Electric
  • Appliances: Electric Cooktop, Electric Water Heater
Room Information
Room 1
  • Room Dimensions: 12 x 10
  • Room Length: 12.0
  • Room Level: First
  • Room Type: Bedroom
  • Room Width: 10.0
Room 2
  • Room Dimensions: 12 x 10
  • Room Length: 12.0
  • Room Level: First
  • Room Type: Bedroom
  • Room Width: 10.0
Multi Family
Multi-Family Information
  • Units Furnished: None
Mobile Home
Mobile Home Information
  • Mobile Dim Units: Feet
Rental
Rental Information
  • Occupant Type: Vacant

Property History for 505 Lighthouse Road

DateEvent & SourcePriceAppreciation
Oct 31, 2025

Sold (Public Record)

Public Record #1919667030

$175,000

-16.2% / yr

Oct 31, 2025

Sold

CPAR #778289

$175,000—
Oct 4, 2025

Pending

CPAR #778289

—
DateEvent & SourcePrice
10/31/2025

Sold (Public Record)

Public Record #1919667030

$175,000

-16.2% / yr

10/31/2025

Sold

CPAR #778289

$175,000
10/04/2025

Pending

CPAR #778289

—

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

Public Records for 505 Lighthouse Road

Taxable ValueLand-Additions$164,900Total-
Tax Record2025$1,800 ($150 / month)
Home Facts
Beds2Total Finished SqFt935 SqFtAbove Grade Finished SqFt935 SqFtStyleCondominiumYear Built2006CountyBAYAPN40000-100-038

Schools near 505 Lighthouse Road

This home is within Bay District Schools.
Rating
School
Type
Grades
Distance
Public - PK to 12
Public - K to 5
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Surfside Middle School
PublicPK to 12

Hutchison Beach Elementary School
PublicK to 5

J.R. Arnold High School
Public9 to 12

A. Gary Walsingham Academy
PublicPK to 5

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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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of ERA Neubauer Real Estate, Inc

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© 2026 Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. All Rights Reserved.