Sold
Last Sold Price
2 beds935 sqft
505 Lighthouse Rd, Unit 505, Panama City Beach, FL 32407
CondoProperty Type
2006Year Built
$201/sq ftPrice per sq ft

Description

Currently under contract, seller will consider backup offers. Move-in ready condo with new carpet, fresh paint, and deep clean completed by mid-February 2023. Nautilus Cove is a gated condominium community in the heart of beautiful Panama City Beach. Nautilus Cove offers several amenities including a large resort style pool, fitness center, club house with full kitchen, children's playground, and pet friendly walking stations. Located in central Panama City Beach you are close distance to the beautiful...Currently under contract, seller will consider backup offers. Move-in ready condo with new carpet, fresh paint, and deep clean completed by mid-February 2023. Nautilus Cove is a gated condominium community in the heart of beautiful Panama City Beach. Nautilus Cove offers several amenities including a large resort style pool, fitness center, club house with full kitchen, children's playground, and pet friendly walking stations. Located in central Panama City Beach you are close distance to the beautiful Emerald waters of the Gulf and less than 2 miles from Pier Park where you will find great restaurants, entertainment and shopping. All measurements and information to be verified by buyer. Long-term renters are in place, currently, on a month-to-month basis. Short-term rentals are all
  • Listed by: Jana Morgan • Counts Real Estate Group Inc
Listing closed: 02/07/2023 12:00 AM • Source: CPAR, MLS#: 735789

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Recent comparable sales

Median sold price

$175,000

Avg days on market

175

Sale-to-list ratio

90.5%

Panama City Beach, FL

9 comparable properties found

$175,000 | 505 Lighthouse Road, Panama City Beach, FL 32407
1/41
1

$175,000

Sold 10/31/25

2
Bedrooms
935
Square Feet
Unavailable
Acres
$170,000 | 512 Lighthouse Road, Panama City Beach, FL 32407
1/32
2

$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
3

$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
4

$175,000

Sold 06/05/26

2
Bedrooms
935
Square Feet
Unavailable
Acres
$205,000 | 112 Fairway Boulevard, Unit 103, Panama City Beach, FL 32407
1/27
5

$205,000

Sold 11/06/24

2
Bedrooms
1,200
Square Feet
Unavailable
Acres
$179,000 | 112 Fairway Boulevard, Unit 110, Panama City Beach, FL 32407
1/39
6

$179,000

Sold 05/14/26

2
Bedrooms
1,200
Square Feet
Unavailable
Acres
a view of city
1/33
7

$160,000

Sold 06/05/26

2
Bedrooms
1,200
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
$330,000 | 13020 Front Beach Road, Unit 205, Panama City Beach, FL 32407
1/27
9

$330,000

Sold 11/08/24

2
Bedrooms
1,025
Square Feet
Unavailable
Acres

Location

Listing Courtesy of Counts Real Estate Group Inc

Sold By Oceanside Realty and Property Managment LLC

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Payment Calculator

$1,135 per month

30 year fixed, 7.03% Interest

Principal and Interest

$1,001

Property Taxes

$134

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 505 Lighthouse Road, Unit 505

Property Details
  • Taxes: $1,603 / year
  • MLS Type: Residential / Condominium / Condominium
  • County: Bay County
  • Architectural Style: Low Rise
  • Waterfront: No
  • Subdivision Name: Nautilus Cove Condo
Building Information
  • Building/Complex: 505 Lighthouse Rd
  • Floor: 5
  • Year Built: 2006
Summary
Location and General Information
  • City: Panama City Beach
  • County Or Parish: Bay
  • Directions: From the Hathaway bridge take HWY 98 West to 13700 Panama City Beach Parkway. Nautilus Cove Condominium is on the north side of HWY 98. Go through the gate ( no gate code needed) take a right ad follow 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
  • Road Frontage Type: City Street, Private Road
  • Road Responsibility: Public Maintained Road
  • 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: $1,603.00
  • Tax Legal Description: NAUTILUS COVE CONDO PHASE 4 UNIT 505 ORB 3977 P 1595 1ST FLOOR 2BR/2BA . 935 SQ.FT.
  • Tax Year: 2022
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: 0
  • Living Area Source: Appraiser
Property and Assessments
  • Year Built: 2006
  • Human Modified: No
Utilities
  • Sewer: Public Sewer
  • Utilities: Water Connected
Interior and Exterior Features
Exterior Features
  • Building Features: Dumpster
  • Pool Features: Community
  • Association Amenities: Other, See Remarks, Gated, Picnic Area
  • Community Features: Barbecue, Fitness Center, Gated, Park, Pool, Short Term Rental Allowed
  • Construction Materials: Stucco
  • Security Features: Smoke Detectors, Security Service
  • Roof: Composition, Shingle
Interior Features
  • Bathrooms Full: 2
  • Bathrooms Total: 2
  • Bedrooms Total: 2
  • Rooms Total: 6
  • Cooling: Yes
  • Cooling: Central Air
  • Appliances: Electric Range
Room Information
Room 1
  • Room Dimensions: 10 x 8
  • Room Length: 10.0
  • Room Level: First
  • Room Type: Full Bath
  • Room Width: 8.0
Room 2
  • Room Dimensions: 10 x 8
  • Room Length: 10.0
  • Room Level: First
  • Room Type: Full Bath
  • Room Width: 8.0
Room 3
  • Room Dimensions: 12 x 12
  • Room Length: 12.0
  • Room Level: First
  • Room Type: Family Room
  • Room Width: 12.0
Room 4
  • Room Dimensions: 20 x 10
  • Room Length: 20.0
  • Room Level: First
  • Room Type: Dining Room
  • Room Width: 10.0
Room 5
  • Room Dimensions: 12 x 10
  • Room Length: 12.0
  • Room Level: First
  • Room Type: Bedroom
  • Room Width: 10.0
Room 6
  • Room Dimensions: 12 x 10
  • Room Length: 12.0
  • Room Level: First
  • Room Type: Primary 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: Occupied
  • Lease Expiration: 12-31-2022
  • Land Lease: Yes

Property History for 505 Lighthouse Road, Unit 505

DateEvent & SourcePriceAppreciation
Feb 7, 2023

Sold

CPAR #735789

$187,500—
Jan 18, 2023

Pending

CPAR #735789

—
Dec 28, 2022

Listed (Active)

CPAR #735789

$199,500—
DateEvent & SourcePrice
02/07/2023

Sold

CPAR #735789

$187,500
01/18/2023

Pending

CPAR #735789

—
12/28/2022

Listed (Active)

CPAR #735789

$199,500

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

Public Records for 505 Lighthouse Road, Unit 505

Taxable ValueLand-Additions$109,650Total-
Tax Record2021$1,404 ($117 / month)
Home Facts
Beds2Total Finished SqFt935 SqFtAbove Grade Finished SqFt935 SqFtStyleCondominiumYear Built2006Year Renovated2006CountyBAYAPN40000-100-038

Schools near 505 Lighthouse Road, Unit 505

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 Counts Real Estate Group 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.