503 Lighthouse Road

Panama City Beach, FL 32407

$249,000
Price
2
Beds
2
Baths
935 Sq. Ft.
$266 / Sq. Ft.
935
Sq. Ft.
$266
per Sq. Ft.

Description

Short term rentals allowed! Projected annual revenue for this rental machine is appx $48K. Welcome to the heart of Panama City Beach! Nautilus Cove Condos offer 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 2 bedroom 2 bath downstairs unit allows short term rentals. The flooring was recently updated and kitchen/baths have granite counter tops. Whether...Short term rentals allowed! Projected annual revenue for this rental machine is appx $48K. Welcome to the heart of Panama City Beach! Nautilus Cove Condos offer 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 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

Property Details for 503 Lighthouse Road

Architectural Style
Low Rise
Waterfront
No
Parking Features
Paved, Parking Lot
Subdivision Name
Nautilus Cove Condo

Location

Listing Courtesy of Think Real Estate
Add your commute
LISTING UPDATED: 04/30/2024 11:08 AM

Property Details for 503 Lighthouse Road

StatusActive
MLS #753241
Days on Market82
Taxes$1,161 / year
HOA Fees$1,416 / quarter
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeResidential / Condominium / Condominium
Year Built2006
CountyBay County

Location

Listing Courtesy of Think Real Estate
Add your commute

Building Information for 503 Lighthouse Road

Building/Complex503 Lighthouse RdFloor-Stories-Residences-Pet Policy-Year Built2006

Payment Calculator

$1,928 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,359

Property Taxes

$97

HOA Dues

$472

The Payment Calculator is for illustrative purposes only.

Property Information for 503 Lighthouse Road

Summary
Location and General Information
  • City: Panama City Beach
  • County Or Parish: Bay
  • Directions: From Hathaway Bridge, travel west on PCB Pkwy, right into the Nautilus Cove Condo complex, turn right. Downstairs Unit located in building 5.
  • Postal Code: 32407
  • Latitude: 30.210061
  • Longitude: -85.845392
  • State Or Province: FL
  • MLS Area Major: 03 - Bay County - Beach
  • MLS Area Minor: 0321 - Beach - North Central
Taxes and HOA Information
  • Parcel Number: 40000-100-036
  • Association Fee: $1,416.26
  • Association Fee Frequency: Quarterly
  • Association Fee Includes: Legal Accounting, Playground, Pools, Trash, Water
  • Association: Yes
  • Tax Annual Amount: $1,161.00
  • 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.
  • Tax Year: 2023
School Information
  • Elementary School: Hutchison Beach
  • High School: Arnold
  • Middle Or Junior School: Surfside
Parking
  • Garage: No
Property
Lot Information
  • Lot Size Dimensions: 0x0
  • Living Area: 935.0
  • Living Area Source: Appraiser
Property and Assessments
  • Year Built: 2006
  • Human Modified: No
Utilities
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Association Amenities: Gated
  • Community Features: Short Term Rental Allowed
Interior Features
  • Bathrooms Full: 2
  • Bathrooms Total: 2
  • Bedrooms Total: 2
  • Cooling: Yes
  • Cooling: Central Air
  • Heating: Yes
  • Heating: Central
  • Furnished: Furnished
Room Information
Room 1
  • Room Area: 132.0
  • Room Dimensions: 11 x 12
  • Room Length: 11.0
  • Room Level: First
  • Room Type: Bedroom
  • Room Width: 12.0
Room 2
  • Room Area: 132.0
  • Room Dimensions: 11 x 12
  • Room Length: 11.0
  • Room Level: First
  • Room Type: Bedroom
  • Room Width: 12.0
Room 3
  • Room Area: 196.0
  • Room Dimensions: 14 x 14
  • Room Length: 14.0
  • Room Level: First
  • Room Type: Living Room
  • Room Width: 14.0
Rental
Rental Information
  • Occupant Type: Tenant

Property History for 503 Lighthouse Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 503 Lighthouse Road

Taxable ValueLand-Additions-Total-
Tax Record2023$1,161 ($97 / month)
Home Facts
Beds2Total Finished SqFt935 SqFtAbove Grade Finished SqFt935 SqFtStyleCondominiumYear Built2006CountyBAYAPN40000-100-036

Schools near 503 Lighthouse Road

This home is within Bay.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 12
Public - 6 to 8
Charter - 6 to 12
Rating
School
Distance
Hutchison Beach Elementary School
PublicPK to 5

J.R. Arnold High School
PublicPK to 12

Surfside Middle School
Public6 to 8

Palm Bay Preparatory Academy 6-12
Charter6 to 12

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.

Similar Homes

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Similar Sold Homes

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503 Lighthouse Road is a condo for sale in Panama City Beach, FL 32407. This property was listed for sale on February 23, 2024 by Think Real Estate, it's currently listed at $249,000. It has been on the market for a total of 82 days and was last sold on June 12, 2023. This listing's school district is Bay. Nearby schools include Hutchison Beach Elementary School, J.R. Arnold High School and Surfside Middle School. 503 Lighthouse Road 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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. 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© 2024 Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. All Rights Reserved.