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$199,000

  • For Sale
  • Active
  • Condo / Townhouse
  • 2 Beds
  • 2 Full Baths
  • 935 Sq. Ft.
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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.

Full Property Details for 503 Lighthouse Rd #503

General

  • Price: $199,000
  • Taxes: $2,238 (2024)
  • Status: Active
  • Type: Condo /Townhouse
  • Source: Emerald_Coast
  • MLS ID: 977500
  • Updated: 11/4/2025
  • Added to Site: 233 day(s) ago

Interior

  • Rooms/Areas: Bedroom, Kitchen, Living Room
  • Appliances: Dishwasher, Dryer, Refrigerator, Stove/Oven Electric, Washer

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 2

Other Rooms

  • Living Room: Living Room
  • Kitchen: Kitchen

Additional Information

  • Shared Amenities: Pool
  • Pool: Yes

Location

  • Area: 27 - Bay County
  • County: Bay
  • Subdivision: Nautilus Cove Condo
  • Driving Directions: From Hathaway Bridge, travel west on PCB Pkwy, right into the Nautilus Cove Condo complex, turn right. Downstairs Unit located in building 5.

School Information

  • Elementary School: Breakfast Point
  • Middle School: Breakfast Point
  • High School: Arnold

Heating & Cooling

  • Heating/Cooling: AC - Central Elect, Heat Cntrl Electric, Water Heater - Elect

Utilities

  • Utility Description: Electric, Public Sewer, Public Water

Structural Information

  • Construction: Siding CmntFbrHrdBrd
  • Stories/Levels: 0
  • Square Feet: 935
  • Sq. Ft. Source: County PA Records
  • Year Built: 2006

Financial Considerations

  • Assessment Amount: $1,481
  • Assmt Payment Freq: Quarterly
  • Tax Amount: $2,238
  • Tax Year: 2024
  • Terms: Conventional, VA

Disclosures and Reports

  • Legal Description: NAUTILUS COVE CONDO PHASE 4 UNIT 503 ORB 2832 P 523 1ST FLOOR 2BR/2BA ORB 4700 P 379 935 SQ.FT.
  • Assessment: Yes
  • APN: 40000-100-036

Listed by Think Real Estate

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— 503 Lighthouse Rd #503 —

  • Think Real Estate

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 503 Lighthouse Rd #503

School District:Bay County School District
NameGradesDistance
Hutchison Beach Elementary School
12900 Middle Beach Rd, Panama City, FL 32407
K-50.9 mi
Surfside Middle School
300 Nautilus Street, Panama City Beach, FL 32413
6-80.4 mi
J.R. Arnold High School
550 North Alf Coleman Road, Panama City Beach, FL 32407
9-121.9 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 Lighthouse Rd #503 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/02/2025
Price Reduced
$199,000
-9.55%
MLS
5/29/2025
Listed
$220,000
18.92%
MLS
6/12/2023
Sold
$185,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 503 Lighthouse Rd #503

Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,239
93%
$170,000
-2%
2023
$1,161
13%
$174,250
24%
2022
$1,027
-27%
$140,250
32%
2021
$1,404
—
$106,250
-3%
2021
$1,404
43%
$109,650
3%
2019
$983
-12%
$106,675
32%
2018
$1,117
12%
$80,975
-2%
2017
$993
189%
$82,450
52%
2016
$344
-3%
$54,097
1%
2015
$353
1%
$53,721
1%
2014
$349
9%
$53,295
—
2013
$321
—
$53,295
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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503 Lighthouse Road #503, Panama City Beach, FL 32407 (MLS# 977500) is a Condo / Townhouse property with 2 bedrooms and 2 full bathrooms. 503 Lighthouse Road #503 is currently listed for $199,000 and was received on May 29, 2025. Want to learn more about 503 Lighthouse Road #503? Do you have questions about finding other Condo / Townhouse 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.

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