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$2,350,000
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Property Description
Crafted in 2023 with a flawless eye for coastal elegance, this three-story residence in Bid-A-Wee Beach elevates beach living with both sophistication and ease. Just a block from a private, deeded beach access, the home offers sweeping gulf views, proximity to the lively Margaritaville Resort, and a lifestyle that seamlessly balances relaxation with entertainment. The home spans eight bedrooms and seven-and-a-half baths, thoughtfully designed for multi-generational families or large groups. On the first floor, a king suite provides accessible comfort, while the upper levels host expansive bedrooms with cozy sitting areas and individual TVs. The third-floor family room is a retreat of its own, complete with coastal furnishings, an oversized sectional, and foosball for laid-back evenings. At the heart of the home lies a chef-inspired kitchen with GE Café appliances, quartz countertops, and custom woodwork. Open living and dining spaces create effortless flow, ideal for gathering and celebrating. Dual washer and dryer sets add convenience for extended stays, while a garage and drive accommodate up to seven vehicles. Outdoors, the resort atmosphere continues with a heated saltwater pool featuring a slide, a summer kitchen, and ample patio space for lounging and alfresco dining. Ping pong and basketball keep every age entertained, while the neighborhood's beach gate at the end of Albatross Street ensures the shore is always within reach. With short-term rentals permitted and gross rentals of $250,000 annually, this property is as much an investment as it is a retreat. Offered fully furnished and turnkey, it stands ready to deliver unforgettable coastal experiences just minutes from 30A and the best of Panama City Beach.
Full Property Details
Full Property Details for 503 Albatross St
General
- Sold For: $2,350,000
- Taxes: $19,688 (2024)
- Status: Closed
- Type: Single Family
- Source: Emerald_Coast
- MLS ID: 988253
- Added to Site: 85 day(s) ago
Interior
- Rooms/Areas: Bedroom, Family Room, Great Room, Master Bedroom, Recreation Room
- Interior Features: Breakfast Bar, Ceiling Tray/Cofferd, Floor Tile, Furnished - All, Kitchen Island, Lighting Recessed, Owner's Closet, Pantry, Wet Bar, Window Treatment All
- Appliances: Auto Garage Door Opn, Dishwasher, Disposal, Dryer, Fire Alarm/Sprinkler, Microwave, Range Hood, Refrigerator W/IceMk, Security System, Stove/Oven Gas, Washer
Rooms
Bathrooms
- Total Bathrooms: 8
- Full Bathrooms: 8
Bedrooms
- Total Bedrooms: 8
Other Rooms
- Great Room: Great Room
- Family Room: Family Room
- Game room: Yes
- Game Room: Recreation Room
- Rec Room: Yes
Additional Information
- Shared Amenities: Beach, Short Term Rental - Allowed
- Pool: Yes
Exterior
- Exterior Features: Balcony, Deck Covered, Fenced Back Yard, Fenced Privacy, Patio Covered, Patio Open, Pool - Heated, Pool - In-Ground, Rain Gutter, Summer Kitchen
Parking
- Garage: Yes
- Garage Spaces: 1
- Parking: Garage Attached
Location
- Area: 27 - Bay County
- County: Bay
- Subdivision: Bid-A-Wee S/D
- Driving Directions: From the intersection of Front Beach Road and Albatross Street, proceed north on Albatross Street. In 700 feet, the destination will be on your right.
School Information
- Elementary School: Hutchinson Beach
- Middle School: Surfside
- High School: Arnold
Heating & Cooling
- Heating/Cooling: AC - 2 or More, Ceiling Fans, Heat Cntrl Electric, Water Heater - Tnkls
Utilities
- Utility Description: Electric, Gas - Natural, Public Sewer, Public Water
Structural Information
- Architectural Style: Beach House
- Construction: Roof Metal, Siding CmntFbrHrdBrd
- Stories/Levels: 3
- Square Feet: 3,945
- Sq. Ft. Source: County PA Records
- Year Built: 2023
Lot Features
- Property View: Gulf
- Lot Size (Acres): 0.21
- Lot Dimensions: 60 x 150
- Street/Road Desc.: City Road
- Lot Features: Within 1/2 Mile to Water
- Zoning: City
Financial Considerations
- Assessment Amount: $100
- Assmt Payment Freq: Annually
- Tax Amount: $19,688
- Tax Year: 2024
Disclosures and Reports
- Legal Description: BID-A-WEE SUBDIV. LOT 8 BLK N ORB 4676 P 1945
- Assessment: Yes
- APN: 34760-000-000
Listed by Scenic Sotheby's International Realty
Sold by ECN - Unknown Office
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Schools
Schools serving 503 Albatross St
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
Hutchison Beach Elementary School 12900 Middle Beach Rd, Panama City, FL 32407 | K-5 | 0.6 mi |
Surfside Middle School 300 Nautilus Street, Panama City Beach, FL 32413 | 6-8 | 0.5 mi |
J.R. Arnold High School 550 North Alf Coleman Road, Panama City Beach, FL 32407 | 9-12 | 2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 503 Albatross St
Date
Details
Price
Change
Source
12/19/2025
Sold
$2,350,000
-5.81%
MLS
10/24/2025
Listed
$2,495,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
503 Albatross Street, Panama City Beach, FL 32413 (MLS# 988253) is a Single Family property that was sold at $2,350,000 on December 19, 2025. Want to learn more about 503 Albatross Street? Do you have questions about finding other Single Family real estate for sale in Panama City Beach? You can browse all Panama City Beach real estate or contact a Coldwell Banker agent to request more information.

