3 months on rocket

507 Lighthouse Rd, Panama City Beach, FL, 32407

$242,500

Home List Price

$2,880*

Closing Credit

2 Bedrooms
2 Full Baths
935 SqFt
$259/SqFt
Condo

Location

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507 Lighthouse Rd, Panama City Beach$242,500

Buyer Closing Credits

$2,880*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAdditional Parking, Assigned
Year Built2006
HeatingElectric
CoolingCentral Air
MLS #763498
StatusActive

About 507 Lighthouse Rd

SHORT TERM RENTALS ALLOWED. Don't miss out on this freshly remodeled Fully Furnished bottom floor 2BR 2BA condo centrally located in Panama City Beach. Nautilus Cove is a gated condominium community in the heart of beautiful Panama City Beach. Nautilus Cove offers several amenities including a large resort style pool, fitness center, club house with full kitchen, children's playground, and pet friendly walking stations. Located in central Panama City Beach you are close distance to the beautiful Emerald waters of the Gulf and less than 2 miles from Pier Park where you will find great restaurants, entertainment and shopping.

Property Details

Property Features

Property Information:

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

Listing Office:

  • Office Name: Counts Real Estate Group Inc

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Electric Range, Refrigerator, Washer

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Parking: Additional Parking, Assigned

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Central Air

Other

Directions Information:

  • Directions: from 98 eastbound and 79 go past pier park. turn into the gate stay right last building on the left. Or GPS will take you right there

Price Information

Listing Price Info

Price Summary:

  • List Price: $242,500
  • Price Per SqFt: $259/SqFt

HOA Fees:

  • Amount: $1416
  • Frequency: Quarterly

Tax Information:

  • Annual Amount: $1,419
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$450.5K

Med. Price/SqFt

$316

Avg. Days On Market

129

# of Sold Homes

125

507 Lighthouse Rd vs Panama City Beach

93 DAYS ON ROCKET

-36 Days

$242,500

-$208K Less

$259/SqFt

-$57 Less

KEY TAKEAWAY

This property is $208K less than the Median Sold Price and $57/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: #763498

Listing Office:

  • Office Name: Counts Real Estate Group 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© 2025 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: 1/9/2025, 10:21:00 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

Aug 31, 2016Home Sold
$94,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,419$109,650
2018$1,117$80,975
2017$993$82,450

History based on county public records data.

Payment Calculator

$1,750

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$794

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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-1497471
5
/10
  • Hutchison Beach Elementary School

  • 12900 Hutchison Blvd

  • 0.89 miles

  • Public District Grades KG-5

school-card-donut-1497472
7
/10
  • West Bay Elementary School

  • 14813 School Dr

  • 5.49 miles

  • Public District Grades KG-5

school-card-donut-1497473
7
/10
  • Patronis Elementary School

  • 7400 Patronis Dr

  • 5.58 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. The most common annual income of people living in Panama City Beach, FL is between $35k-100k. The most common type of family is 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 507 Lighthouse Rd

What is the listing price of this property?

The listing price of 507 Lighthouse Rd property is $242,500.

What type of property is this?

The property 507 Lighthouse Rd is a condo located in Panama City Beach, Florida, 32407.

Is this property for sale now?

Active Listing: 507 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 $1,419 (source: MLS/based on county public records data).

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

The last sale was on August 31, 2016 for $94,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 507 Lighthouse Rd has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 507 Lighthouse Rd is 935 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 507 Lighthouse Rd is 2006.

Rocket HomesFloridaBay CountyPanama City Beach32407507 Lighthouse Rd

This home is located at 507 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 October 07, 2024 and is currently priced at $242,500.

In December 2024 more than 6 listings in Panama City Beach, FL were sold above the asking price. During the same period more than 11 listings were sold at asking price, while more than 108 were sold below. Between November 2024 and December 2024, Panama City Beach, FL real estate market has seen decrease in the number of listings by 1%. In December 2024 median list price was $450,514 and the average listing age was 129 days.

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

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