512 Lighthouse Rd

Panama City Beach, FL 32407

$189,998
Price
2
Beds
965 Sq. Ft.
$197 / Sq. Ft.
965
Sq. Ft.
$197
per Sq. Ft.
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Description

This unit allows rentals with a 3-month minimum, making it an ideal opportunity for snowbirds and second-home owners who want to spend the winter months soaking up Panama City Beach sunshine, then generate income during peak seasons. It also presents a strong option for investors seeking long-term rental potential, with projected rental income of approximately $1,500 per month--offering a reliable and steady return. Live the beach life at Nautilus Cove, a gated condo community in Panama City Beach...This unit allows rentals with a 3-month minimum, making it an ideal opportunity for snowbirds and second-home owners who want to spend the winter months soaking up Panama City Beach sunshine, then generate income during peak seasons. It also presents a strong option for investors seeking long-term rental potential, with projected rental income of approximately $1,500 per month--offering a reliable and steady return. Live the beach life at Nautilus Cove, a gated condo community in Panama City Beach just ½ mile from the Gulf's white sandy beaches. This light-filled 2-bedroom, 2nd-floor condo offers added privacy with no upstairs neighbors and a comfortable, low-maintenance coastal lifestyle. Recent updates include a 2023 HVAC system, and the HOA makes ownership easy by covering water, sewer, garbage, landscaping, and access to community amenities. Enjoy resort-style living with a pool, clubhouse, fitness center, BBQ area, playground, and plenty of green space for pets--with the pool and playground conveniently located right outside your door. Located only 2 miles to Pier Park, you're close to shopping, dining, schools, and entertainment. TopGolf, Dolly Parton's Pirate Voyage, and Camp Helen State Park are all just minutes away. Whether you're searching for a primary residence, winter retreat, or income-producing investment, this condo delivers location, lifestyle, and flexibility in the heart of Panama City Beach.
  1. Listed by Amy L Killian • Beachy Beach Real Estate

Property Details for 512 Lighthouse Road

Architectural Style
Low Rise
Waterfront
No
Parking Features
Paved, Parking Lot, Gated
Subdivision Name
Nautilus Cove Condo
Zoning Description
Resid Multi-Family
LISTING UPDATED: 04/24/2026 07:57 AM

Property Details for 512 Lighthouse Road

StatusActive
MLS #775173
Days on Market318
Taxes$2,038 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeCondo
MLS TypeResidential / Condominium / Condominium
Year Built2006
CountyBay County
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Location

Listing Courtesy of Beachy Beach Real Estate
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Building Information for 512 Lighthouse Road

Building/Complex512 Lighthouse RdFloor-Stories-Residences-Pet Policy-Pet Policy Details-Year Built2006

Payment Calculator

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$1,127 per month

30 year fixed, 6.46% Interest

Principal and Interest

$957

Property Taxes

$170

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 512 Lighthouse Road

Summary
Location and General Information
  • City: Panama City Beach
  • County Or Parish: Bay
  • Directions: Start on US-98 / Panama City Beach Parkway, heading west. Continue straight past Richard Jackson Blvd. Proceed until you reach the north side of the Parkway at the entrance for Nautilus Cove Condominiums. Turn right into the complex entrance.
  • State Region: FL
  • Postal Code: 32407
  • Latitude: 30.21017
  • Longitude: -85.845455
  • State Or Province: FL
  • Road Frontage Type: Highway
  • MLS Area Major: 03 - Bay County - Beach
  • MLS Area Minor: 0321 - Beach - North Central
Taxes and HOA Information
  • Parcel Number: 40000-100-045
  • Association: Yes
  • Tax Annual Amount: $2,038.00
  • Tax Legal Description: NAUTILUS COVE CONDO PHASE 4 UNIT 512 ORB 2832 P 523 2ND FLOOR 2BR/2BA ORB 4136 P 92 965 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: 965.0
  • Lot Features: Paved
  • Lot Size Dimensions: 0x0
  • Living Area Source: Appraiser
Property and Assessments
  • Year Built: 2006
  • New Construction: No
  • Human Modified: No
Utilities
  • Sewer: Public Sewer
Interior and Exterior Features
Exterior Features
  • Pool Features: In Ground, Community
  • Association Amenities: Gated, Barbecue, Picnic Area
  • Community Features: Playground, Park, Pool, Community Pool
  • Security Features: Security Gate
Interior Features
  • Bathrooms Full: 2
  • Bathrooms Total: 2
  • Bedrooms Total: 2
  • Rooms Total: 2
  • Cooling: Yes
  • Cooling: Central Air
  • Heating: Yes
  • Heating: Central, Electric
  • Appliances: Electric Range, Electric Water Heater
Room Information
Room 1
  • Room Description: Buyer to verify
  • Room Dimensions: 0 x 0
  • Room Level: Second
  • Room Type: Bedroom
Room 2
  • Room Description: Buyer to verify
  • Room Dimensions: 0 x 0
  • Room Level: Second
  • Room Type: Living Room
Multi Family
Multi-Family Information
  • Units Furnished: All Units
Mobile Home
Mobile Home Information
  • Mobile Dim Units: Feet
Rental
Rental Information
  • Occupant Type: Vacant

Property History for 512 Lighthouse Road

DateEvent & SourcePriceAppreciation
Nov 26, 2025

Price Change

CPAR #775173

$198,998—
Nov 14, 2025

Price Change

CPAR #775173

$198,999—
Oct 31, 2025

Price Change

CPAR #775173

$200,000—
DateEvent & SourcePrice
11/26/2025

Price Change

CPAR #775173

$198,998
11/14/2025

Price Change

CPAR #775173

$198,999
10/31/2025

Price Change

CPAR #775173

$200,000

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

Public Records for 512 Lighthouse Road

Taxable ValueLand-Additions$157,250Total-
Tax Record2025$1,716 ($143 / month)
Home Facts
Beds2Total Finished SqFt965 SqFtAbove Grade Finished SqFt965 SqFtStyleCondominiumYear Built2006CountyBAYAPN40000-100-045

Schools near 512 Lighthouse Road

This home is within Bay.
Rating
School
Type
Grades
Distance
Surfside Middle School
Public - PK to 12
Hutchison Beach Elementary School
Public - K to 5
J.R. Arnold High School
Public - 9 to 12
A. Gary Walsingham Academy
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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More information about 512 Lighthouse Road, Panama City Beach, FL 32407

512 Lighthouse Road is a condo for sale in Panama City Beach, FL 32407. This property was listed for sale on June 19, 2025 by Beachy Beach Real Estate, it's currently listed at $189,998. It has been on the market for a total of 318 days and was last sold on April 12, 2024. This listing's school district is Bay. Nearby schools include Surfside Middle School, Hutchison Beach Elementary School and J.R. Arnold High School. 512 Lighthouse Road is a 2-bed, 2-bath, 965 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 Beachy Beach 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© 2026 Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. All Rights Reserved.