503 Lighthouse Road 503
Panama City Beach, FL 32407
MLS# 977500
2 beds | 2 baths | 935 sqft
Property DescriptionSHORT TERM RENTALS ALLOWED!! Welcome to the heart of Panama City Beach! Nautilus Cove Condos offers 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 delightful 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.
Listing Board: Emerald Coast
List Price/SqFt: 207.49
List Date: 2025-02-17
Current Price: $194,000
Unit #: 503
Sub Area: 2721 - Beach - North Central
Elementary School: Breakfast Point
Middle School: Breakfast Point
High School: Arnold
Legal Description: NAUTILUS COVE CONDO PHASE 4 UNIT 503 ORB 2832 P 523 1ST FLOOR 2BR/2BA ORB 4700 P 379 935 SQ.FT.
Sub-Type: Condominium
Design: N/A
SqFt Source: County PA Records
Stories In Unit: 2
Unit Floors Above Ground: 1
Garage: No
Pool Type: Community
Apx SqFt(Htd/Cooled): 935
Total Bathrooms: 2
Year Built: 2006
Is Subject Leased: No
Assessment Fees: Yes
Assessment Amount: 1508
Annual Assessment Amount: 6032
Assessment Paid: Quarterly
New Buyer Fee: No
Last Taxes: 2238.58
Last Tax Year: 2024
Brokerage Interest: Owner Outside Licensee - Owner is a licensed real estate broker or salesperson.
As Is: Yes
Remarks: SHORT TERM RENTALS ALLOWED!! Welcome to the heart of Panama City Beach! Nautilus Cove Condos offers 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 delightful 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.
Electric: 1
Public Sewer: 1
Refrigerator: 1
Stove/Oven Electric: 1
AC - Central Elect: 1
Heat Cntrl Electric: 1
Accounting: 1
Ground Keeping: 1
Area: 27 - Bay County
Street #: 503
Street Name: Lighthouse
Street Suffix: Road
County: Bay
Project Name/Subdivision: Nautilus Cove Condo
Construction Status: Construction Complete
Appliances: Dishwasher; Dryer; Refrigerator; Stove/Oven Electric; Washer
Utilities: Electric; Public Sewer; Public Water
Energy: AC - Central Elect; Heat Cntrl Electric; Water Heater - Elect
Rooms: Bedroom; Kitchen; Living Room
Financing: Conventional; VA
Fees Include: Accounting; Ground Keeping; Trash; Water
| Room Name | Level | Dimensions | Length | Width | Dimensions |
| Bedroom | First | 11 x 12 | 11.00 | 12.00 | 11 x 12 |
| Bedroom | First | 11 x 12 | 11.00 | 12.00 | 11 x 12 |
| Living Room | First | 14 x 14 | 14.00 | 14.00 | 14 x 14 |
| Kitchen | First | 5 x 9.5 | 5.00 | 9.50 | 5 x 9.5 |
Listing Office: Think Real Estate
Last Updated: March - 18 - 2026
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.