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503 Lighthouse Rd, Panama City Beach, FL, 32407

$239,000

Home List Price

$2,838*

Closing Credit

2 Bedrooms
2 Full Baths
935 SqFt
$256/SqFt
Condo

Location

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503 Lighthouse Rd, Panama City Beach$239,000

Buyer Closing Credits

$2,838*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingPaved, Parking Lot
Year Built2006
HeatingCentral
CoolingCentral Air
MLS #764661
StatusActive

About 503 Lighthouse Rd

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.

Property Details

Property Features

Property Information:

  • Architectural Style: Low Rise
  • Year Built: 2006
  • Living Area: 935 SqFt

Listing Office:

  • Office Name: Think Real Estate

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Refrigerator

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Parking: Paved, Parking Lot

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From Hathaway Bridge, travel west on PCB Pkwy, right into the Nautilus Cove Condo complex, turn right. Downstairs Unit located in building 5.

Price Information

Listing Price Info

Price Summary:

  • List Price: $239,000
  • Price Per SqFt: $256/SqFt

HOA Fees:

  • Amount: $1416
  • Frequency: Quarterly

Tax Information:

  • Annual Amount: $1,024
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Panama City Beach, FL.

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Panama City Beach, FL

City

Med. Sold Price

$454.5K

Med. Price/SqFt

$321

Avg. Days On Market

104

# of Sold Homes

123

503 Lighthouse Rd vs Panama City Beach

38 DAYS ON ROCKET

-66 Days

$239,000

-$215.5K Less

$256/SqFt

-$65 Less

KEY TAKEAWAY

This property is $215.5K less than the Median Sold Price and $65/SqFt less than other homes in Panama City Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BCAR
  • MLS Number: #764661

Listing Office:

  • Office Name: Think Real Estate

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange program of Central Panhandle Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Properties subject to prior sale, change, withdrawal or rental. Copyright© 2024 Central Panhandle Association of REALTORS.© All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/22/2024, 5:20:59 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 02, 2018Home Sold
$129,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,024$109,650
2018$1,117$80,975
2017$993$82,450

History based on county public records data.

Payment Calculator

$1,732

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$783

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-883371
5
/10

  • Hutchison Beach Elementary School

  • 12900 Hutchison Blvd

  • 0.88 miles

  • Public District Grades KG-5

school-card-donut-883372
7
/10

  • West Bay Elementary School

  • 14813 School Dr

  • 5.51 miles

  • Public District Grades KG-5

school-card-donut-883373
7
/10

  • Patronis Elementary School

  • 7400 Patronis Dr

  • 5.57 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $79,383. Residents of Panama City Beach, FL typically earn between $35k-100k each year. Typical family type is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 503 Lighthouse Rd

What is the listing price of this property?

The listing price of 503 Lighthouse Rd property is $239,000.

What type of property is this?

The property 503 Lighthouse Rd is a condo located in Panama City Beach, Florida, 32407.

Is this property for sale now?

Active Listing: 503 Lighthouse Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,024 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on April 2, 2018 for $129,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 503 Lighthouse Rd has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 503 Lighthouse Rd is 935 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 503 Lighthouse Rd is 2006.

Rocket Homes›Florida›Bay County›Panama City Beach›32407›503 Lighthouse Rd

This home is located at 503 Lighthouse Rd in Panama City Beach, FL and zip code 32407. This 935 square foot home was built in 2006. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 13, 2024 and is currently priced at $239,000.

In November 2024, from all listings sold in Panama City Beach, FL there were more than 8 sold above asking price, over 90 sold below and more than 25 were sold right at the asked price. Between October 2024 and November 2024, Panama City Beach, FL real estate market has seen increase in the number of listings by 1%. In November 2024 median list price was $454,516 and the average listing age was 104 days.

From Rocket Homes Real Estate and based on county public records data.

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