7 months on rocket

505 Lighthouse Rd, Panama City Beach, FL, 32407

$235,000

Home List Price

$2,791*

Closing Credit

2 Bedrooms
2 Full Baths
935 SqFt
$251/SqFt
Condo

Location

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505 Lighthouse Rd, Panama City Beach$235,000

Buyer Closing Credits

$2,791*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAdditional Parking, Assigned, Paved
Year Built2006
HeatingCentral
CoolingCentral Air
MLS #757379
StatusActive

About 505 Lighthouse Rd

SHORT-TERM RENTALS ALLOWED. Great source of short term rental income. Don't miss this newly remodeled 2 Bedroom, 2 Bath condo in the heart of Panama City Beach. Nautilus Cove is a gated community offering a resort-style pool, fitness center, clubhouse with kitchen, children's playground, and pet-friendly walking stations. Hurricane-proof windows and a new exterior door. Perfectly located close to the Gulf waters and sugary sand beaches and less than 2 miles from Pier Park, featuring excellent dining, entertainment, and shopping.

Property Details

Property Features

Property Information:

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

Listing Office:

  • Office Name: ERA Neubauer Real Estate Inc

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Electric Cooktop, Electric Oven, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Parking: Additional Parking, Assigned, Paved

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From the Hathaway bridge take HWY 98 West to 13700 Panama City Beach Parkway. Nautilus Cove Condominium entrance is on the right (north side of HWY 98). Go through the gate, take a right and follow the circle. Unit 505 will be on your left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $235,000
  • Price Per SqFt: $251/SqFt

HOA Fees:

  • Amount: $1096
  • Frequency: Quarterly
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Housing Market Comparison

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

Med. Sold Price

$454.5K

Med. Price/SqFt

$321

Avg. Days On Market

104

# of Sold Homes

123

505 Lighthouse Rd vs Panama City Beach

215 DAYS ON ROCKET

+111 Days

$235,000

-$219.5K Less

$251/SqFt

-$70 Less

KEY TAKEAWAY

This property is $219.5K less than the Median Sold Price and $70/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: #757379

Listing Office:

  • Office Name: ERA Neubauer Real Estate Inc

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, 4:20:58 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$1,605

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$771

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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-876723
5
/10
  • Hutchison Beach Elementary School

  • 12900 Hutchison Blvd

  • 0.89 miles

  • Public District Grades KG-5

school-card-donut-876724
7
/10
  • West Bay Elementary School

  • 14813 School Dr

  • 5.50 miles

  • Public District Grades KG-5

school-card-donut-876725
7
/10
  • Patronis Elementary School

  • 7400 Patronis Dr

  • 5.57 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $79,383. Typical income of Panama City Beach, FL residents is between $35k-100k annually. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 505 Lighthouse Rd

What is the listing price of this property?

The listing price of 505 Lighthouse Rd property is $235,000.

What type of property is this?

The property 505 Lighthouse Rd is a condo located in Panama City Beach, Florida, 32407.

Is this property for sale now?

Active Listing: 505 Lighthouse Rd is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 505 Lighthouse Rd has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 505 Lighthouse Rd is 935 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 505 Lighthouse Rd is 2006.

Rocket HomesFloridaBay CountyPanama City Beach32407505 Lighthouse Rd

This home is located at 505 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 May 20, 2024 and is currently priced at $235,000.

Panama City Beach, FL housing market in November 2024 saw over 8 listings sold above listed price, more than 25 sold at listed price and over 90 sold below. The number of homes for sale in Panama City Beach, FL increased by 1% between October 2024 and November 2024. In November 2024, listings were on the market for 104 days. During the same period, the median list price in this real estate market was $454,516.

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

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