503 Lighthouse Road, Unit 503

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, Unit 503

Subdivision
Nautilus Cove Condo
MLS Sub Area
2721 - Beach - North Central

Location

Listing Courtesy of Think Real Estate
Add your commute
LISTING UPDATED: 04/30/2024 11:09 AM

Property Details for 503 Lighthouse Road, Unit 503

StatusActive
MLS #943037
Days on Market82
Taxes$1,161 / year
HOA Fees$1,416 / quarter
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeResidential / Condominium
Year Built2006
CountyBay County

Location

Listing Courtesy of Think Real Estate
Add your commute

Building Information for 503 Lighthouse Road, Unit 503

Building/Complex503 Lighthouse RdFloor5Stories-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, Unit 503

Summary
Location and General Information
  • Absolute Longitude: 85.846428
  • Asscociate Mangment Name: Diane Allewelt, CAM
  • Directions: From Inlet Beach, travel east on 98/PCB Pkway, left into the Nautilus Cove Condo complex, turn right, downstairs unit is located in building 5.
  • Longitude: -85.846428
  • Latitude: 30.210569
Taxes and HOA Information
  • Assessment Fees: Yes
  • Assessment Paid: Quarterly
  • Last Tax Year: 2023
  • Assessment Amount: $1,416
School Information
  • Elementary School: Hutchinson Beach
  • High School: Arnold
  • Middle School: Surfside
Utilities
  • Utilities: Public Sewer,Public Water
Parking
  • Garage YN: No
Property
Parking
  • Carport YN: No
Lot Information
  • Area: 27 - Bay County
  • Building Design: N/A
Property and Assessments
  • Project Facilities: Dumpster,Exercise Room,Playground,Pool,Short Term Rental - Allowed
  • Property Type: Residential
Interior and Exterior Features
Exterior Features
  • Pool: Yes
  • Pool Type: Community
Interior Features
  • Energy: AC - Central Elect,Heat Cntrl Electric
Room Information
Room Information
  • Bedroom: First
  • Living Room: First
  • Rooms: Bedroom,Kitchen,Living Room
Kitchen
  • Kitchen: First
Room 1
  • Dimensions: 14 x 14
  • Length: 14.0
  • Width: 14.0
  • Level: 1
  • Area: 196.0
Room 2
  • Dimensions: 11 x 12
  • Length: 11.0
  • Width: 12.0
  • Level: 1
  • Area: 132.0
Room 3
  • Dimensions: 11 x 12
  • Length: 11.0
  • Width: 12.0
  • Level: 1
  • Area: 132.0
Room 4
  • Dimensions: 9.5 x 5
  • Length: 9.5
  • Width: 5.0
  • Level: 1
  • Area: 47.5
Multi Family
Unit Information
  • Stories In Unit: 2
Rental
Rental Information
  • Is Subject Leased: No

Property History for 503 Lighthouse Road, Unit 503

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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 - 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, Unit 503 is a condo for sale in Panama City Beach, FL 32407. This property was listed for sale on February 14, 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 14, 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, 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 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.