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.
For sale
Price cut: $21K (7/2)
$199,000
503 Lighthouse Rd, Panama City Beach, FL 32407
2beds
935sqft
Est.:
Condominium
Built in 2006
-- sqft lot
$193,900 Zestimate®
$213/sqft
$494/mo HOA
What's special
Furnished unitDownstairs unitLarge lagoon style pool
- 172 days
- on Zillow |
- 197 |
- 17 |
Zillow last checked: 7 hours ago
Listing updated: July 02, 2025 at 11:38am
Listed by:
Tina Lamonica 850-832-7162,
Think Real Estate
Source: CPAR,MLS#: 768954
Originating MLS: Central Panhandle Association of REALTORS

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Bedroom, Kitchen, Living Room
Bedroom
- Level: First
- Area: 132
- Dimensions: 11 x 12
Bedroom
- Level: First
- Area: 132
- Dimensions: 11 x 12
Kitchen
- Level: First
- Area: 47.5
- Dimensions: 5 x 9.5
Living room
- Level: First
- Area: 196
- Dimensions: 14 x 14
Features
- Furnished: Yes
Interior area
- Total interior livable area: 935 sqft
Property
Features
- Pool features: Community, Pool
Details
- Parcel number: 40000100036
Construction
Type & style
- Home type: Condo
- Architectural style: Low Rise
- Property subtype: Condominium
Condition
- Year built: 2006
Community & HOA
Community
- Features: Short Term Rental Allowed, Pool
- Subdivision: Nautilus Cove Condo
HOA
- Has HOA: Yes
- Amenities included: Gated
- Services included: Association Management, Legal/Accounting, Maintenance Grounds, Pool(s), Trash, Water
- HOA fee: $1,482 quarterly
Location
- Region: Panama City Beach
Financial & listing details
- Price per square foot: $213/sqft
- Tax assessed value: $170,000
- Annual tax amount: $2,239
- Date on market: 2/17/2025
- Loading
- Loading