SHORT TERM RENTALS ALLOWED FOR THIS UNIT in Nautilus Cove. A charming coastal retreat in the heart of Panama City Beach. This well-maintained ground floor unit features an open living area, spacious kitchen, and inviting bedrooms designed for comfort. Enjoy the community's resort-style amenities including a sparkling pool, tennis courts, clubhouse, and beautifully landscaped grounds. Perfectly located just minutes from the beach, shopping, dining, and entertainment this property offers the ideal blend of relaxation and convenience for an investment property, second home or primary residence. Schedule your showing today.
New HVAC in 2025 (inside unit)
New Water heater 2023
New Refrigerator 2025
Sold for $175,000 on 10/31/25
$175,000
505 Lighthouse Rd, Panama City Beach, FL 32407
2beds
935sqft
Condominium
Built in 2006
-- sqft lot
$175,600 Zestimate®
$187/sqft
$1,784 Estimated rent
Home value
$175,600
$163,000 - $188,000
$1,784/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: November 01, 2025 at 06:52am
Listed by:
Angela Hale 850-252-5227,
ERA Neubauer Real Estate, Inc
Bought with:
Non Member
NON-MEMBER OFFICE
Source: CPAR,MLS#: 778289
Originating MLS: Central Panhandle Association of REALTORS
Originating MLS: Central Panhandle Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Bedroom
- Level: First
- Dimensions: 12 x 10
Bedroom
- Level: First
- Dimensions: 12 x 10
Heating
- Electric
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal
Features
- Split Bedrooms
- Flooring: Luxury Vinyl Plank
Interior area
- Total structure area: 935
- Total interior livable area: 935 sqft
Property
Parking
- Parking features: Assigned, Gated
Features
- Pool features: Gunite, In Ground, Community
Details
- Parcel number: 40000100038
- Zoning description: Resid Multi-Family
- Special conditions: Listed As-Is
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
- Utilities for property: Electricity Available, Trash Collection
Community & neighborhood
Security
- Security features: Gated Community, Security Gate
Community
- Community features: Playground, Pool, Gated, Short Term Rental Allowed
Location
- Region: Panama City Beach
- Subdivision: Nautilus Cove Condo
HOA & financial
HOA
- Has HOA: Yes
- Amenities included: Picnic Area
- Services included: Fitness Facility, Maintenance Grounds, Pest Control, Pool(s), Sewer, Water
Other
Other facts
- Listing terms: Cash
Price history
| Date | Event | Price |
|---|---|---|
| 10/31/2025 | Sold | $175,000-2.2%$187/sqft |
Source:  CPAR #778289 Report a problem | ||
| 10/4/2025 | Pending sale | $179,000$191/sqft |
Source: CPAR #778289 Report a problem | ||
| 8/28/2025 | Listed for sale | $179,000-23.8%$191/sqft |
Source: CPAR #778289 Report a problem | ||
| 12/2/2024 | Listing removed | $235,000$251/sqft |
Source: CPAR #757379 Report a problem | ||
| 7/7/2024 | Price change | $235,000-3.7%$251/sqft |
Source: CPAR #757379 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,239 +11.6% | $170,000 +32.2% |
| 2023 | $2,007 +25.2% | $128,563 +10% |
| 2022 | $1,603 | $116,875 |
Find assessor info on the county website
Neighborhood: 32407
Nearby schools
GreatSchools rating
- 8/10Hutchison Beach Elementary SchoolGrades: K-5Distance: 0.9 mi
- 7/10Surfside Middle SchoolGrades: 6-8Distance: 0.4 mi
- 4/10J.R. Arnold High SchoolGrades: 9-12Distance: 1.9 mi
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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Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$175,600
2% more+ $3,512
With Zillow Showcase(estimated)
$179,112