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For sale
    • Price cut: $5K (3/18)
    $194,000

    503 Lighthouse Rd, Panama City Beach, FL 32407

    2beds
    935sqft
    : 
    Condominium
    Built in 2006
    -- sqft lot
    $-- Zestimate®
    $207/sqft
    $-- HOA

    What's special

    Furnished unitDownstairs unitLarge lagoon style pool
    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.
    417 days
    |
    400
    |
    23
    |

    Zillow last checked: 7 hours ago

    Listing updated: March 18, 2026 at 01:38pm

    Listed by:

    Tina Lamonica 850-832-7162,

    Think Real Estate

    Source: CPAR,MLS#: 768954MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Rooms
      • Room types: Bedroom, Kitchen, Living Room
      Bedroom
      • Level: First
      • Dimensions: 11 x 12
      Bedroom
      • Level: First
      • Dimensions: 11 x 12
      Kitchen
      • Level: First
      • Dimensions: 5 x 9.5
      Living room
      • Level: First
      • Dimensions: 14 x 14
      Interior area
      • Total structure area: 935
      • Total interior livable area: 935 sqft

      Property

      Features
      • Pool features: Community
      Details
      • Parcel number: 40000100036

      Construction

      Type & style
      • Home type: Condo
      • Architectural style: Low Rise
      • Property subtype: Condominium
      Condition
      • New construction: No
      • Year built: 2006

      Utilities & green energy

      • Sewer: Public Sewer

      Community & HOA

      Community
      • Features: Community Pool, Short Term Rental Allowed
      • Subdivision: Nautilus Cove Condo
      HOA
      • Has HOA: Yes
      • Amenities included: Gated
      Location
      • Region: Panama City Beach

      Financial & listing details

      • Price per square foot: $207/sqft
      • Tax assessed value: $170,000
      • Annual tax amount: $2,239
      • Date on market: 11/4/2025
      • Cumulative days on market: 418 days
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        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,713/mo

        Price history

        Price history
        DateEventPrice
        3/18/2026Price change$194,000-2.5%$207/sqft
        Source: CPAR #768954 Report a problem
        11/4/2025Listed for sale$199,000$213/sqft
        Source: CPAR #768954 Report a problem
        10/24/2025Pending sale$199,000$213/sqft
        Source: CPAR #768954 Report a problem
        7/2/2025Price change$199,000-9.5%$213/sqft
        Source: CPAR #768954 Report a problem
        5/19/2025Listed for sale$220,000$235/sqft
        Source: CPAR #768954 Report a problem
        5/15/2025Contingent$220,000$235/sqft
        Source: CPAR #768954 Report a problem
        4/19/2025Price change$220,000-7.9%$235/sqft
        Source: CPAR #768954 Report a problem
        2/17/2025Listed for sale$239,000$256/sqft
        Source: CPAR #768954 Report a problem
        11/13/2024Listing removed$239,000$256/sqft
        Source: CPAR #764661 Report a problem
        11/5/2024Listed for sale$239,000$256/sqft
        Source: CPAR #764661 Report a problem
        10/21/2024Listing removed$239,000$256/sqft
        Source: CPAR #753241 Report a problem
        6/11/2024Price change$239,000-4%$256/sqft
        Source: CPAR #753241 Report a problem
        4/30/2024Price change$249,000-3.3%$266/sqft
        Source: CPAR #753241 Report a problem
        2/23/2024Listed for sale$257,500+39.2%$275/sqft
        Source: CPAR #753241 Report a problem
        6/16/2023Sold$185,000+43.4%$198/sqft
        Source: Public Record Report a problem
        3/29/2018Sold$129,000-0.7%$138/sqft
        Source: CPAR #664360 Report a problem
        3/2/2018Pending sale$129,900$139/sqft
        Source: Counts Real Estate Group Inc #664360 Report a problem
        2/9/2018Listed for sale$129,900$139/sqft
        Source: Counts Real Estate Group Inc #664360 Report a problem
        1/2/2018Pending sale$129,900$139/sqft
        Source: Counts Real Estate Group Inc #664360 Report a problem
        10/21/2017Listed for sale$129,900+5.7%$139/sqft
        Source: Counts Real Estate Group Inc #664360 Report a problem
        7/25/2017Listing removed$122,900$131/sqft
        Source: Allison James Estates & Homes #659377 Report a problem
        6/29/2017Price change$122,900-4.7%$131/sqft
        Source: Allison James Estates & Homes #659377 Report a problem
        6/1/2017Listed for sale$129,000+29%$138/sqft
        Source: Allison James Estates & Homes #659377 Report a problem
        12/30/2016Sold$100,000-4.8%$107/sqft
        Source: CPAR #648942 Report a problem
        12/14/2016Price change$105,000-6.2%$112/sqft
        Source: Keller Williams - Panama City Beach #648942 Report a problem
        11/22/2016Listed for sale$111,900-25.4%$120/sqft
        Source: Keller Williams - Panama City Beach #648942 Report a problem
        11/13/2006Sold$149,900$160/sqft
        Source: Public Record Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2024$2,239 +92.8%$170,000 +50.8%
        2023$1,161 +13%$112,721 +3%
        2022$1,027 $109,438
        2021-- --
        2020$1,024 +4.1%$109,129 +2.3%
        2019$983 $106,675 +31.7%
        2018$983 -12%$80,975 -1.8%
        2017$1,117 +12.5%$82,450 +52.4%
        2016$993 +181.5%$54,097 +0.7%
        2015$353 $53,721 +0.8%
        2014$353 $53,295
        2013-- $53,295 -12.3%
        2012-- $60,775
        2011-- $60,775 -39.1%
        2010-- $99,791 -12%
        2009-- $113,399 -11%
        2008-- $127,415
        2007-- $127,415

        Find assessor info on the county website

        Monthly payment

        Est. payment
        $1,205/mo
        Principal & interest
        $1000
        Property taxes
        $205
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          Climate risks

          Neighborhood: 32407

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • Elementary: Hutchison Beach
          • Middle: Surfside
          • High: Arnold

          Source: CPAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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