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For sale
    • $189,998

    512 Lighthouse Rd, Panama City Beach, FL 32407

    2beds
    965sqft
    : 
    Condominium
    Built in 2006
    -- sqft lot
    $-- Zestimate®
    $197/sqft
    $-- HOA

    What's special

    Gated condo communityBbq areaFitness center
    This unit allows rentals with a 3-month minimum, making it an ideal opportunity for snowbirds and second-home owners who want to spend the winter months soaking up Panama City Beach sunshine, then generate income during peak seasons. It also presents a strong option for investors seeking long-term rental potential, with projected rental income of approximately $1,500 per month--offering a reliable and steady return. Live the beach life at Nautilus Cove, a gated condo community in Panama City Beach just ½ mile from the Gulf's white sandy beaches. This light-filled 2-bedroom, 2nd-floor condo offers added privacy with no upstairs neighbors and a comfortable, low-maintenance coastal lifestyle. Recent updates include a 2023 HVAC system, and the HOA makes ownership easy by covering water, sewer, garbage, landscaping, and access to community amenities. Enjoy resort-style living with a pool, clubhouse, fitness center, BBQ area, playground, and plenty of green space for pets--with the pool and playground conveniently located right outside your door. Located only 2 miles to Pier Park, you're close to shopping, dining, schools, and entertainment. TopGolf, Dolly Parton's Pirate Voyage, and Camp Helen State Park are all just minutes away. Whether you're searching for a primary residence, winter retreat, or income-producing investment, this condo delivers location, lifestyle, and flexibility in the heart of Panama City Beach.
    316 days
    |
    476
    |
    35
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Amy L Killian 850-381-5249,

    Beachy Beach Real Estate

    Source: CPAR,MLS#: 775173MLS 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, Living Room
      Bedroom
      • Description: Buyer to verify
      • Level: Second
      • Dimensions: 0 x 0
      Living room
      • Description: Buyer to verify
      • Level: Second
      • Dimensions: 0 x 0
      Heating
      • Central, Electric
      Cooling
      • Central Air
      Appliances
      • Included: Electric Range, Electric Water Heater
      Interior area
      • Total structure area: 965
      • Total interior livable area: 965 sqft

      Property

      Parking
      • Parking features: Paved, Parking Lot, Gated
      Features
      • Pool features: In Ground, Community
      Lot
      • Features: Paved
      Details
      • Parcel number: 40000100045
      • 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

      Community & HOA

      Community
      • Features: Playground, Park, Pool, Community Pool
      • Security: Security Gate
      • Subdivision: Nautilus Cove Condo
      HOA
      • Has HOA: Yes
      • Amenities included: Gated, Barbecue, Picnic Area
      Location
      • Region: Panama City Beach

      Financial & listing details

      • Price per square foot: $197/sqft
      • Tax assessed value: $164,050
      • Annual tax amount: $2,038
      • Date on market: 12/13/2025
      • Cumulative days on market: 317 days
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      Calculate monthly paymentSee if you can afford this home.

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,574/mo

        Price history

        DateEventPrice
        4/24/2026Price change$189,9980%$197/sqft
        Source: CPAR #775173 Report a problem
        4/17/2026Price change$189,9990%$197/sqft
        Source: CPAR #775173 Report a problem
        4/9/2026Price change$190,000-2.5%$197/sqft
        Source: CPAR #775173 Report a problem
        3/27/2026Price change$194,900-1.1%$202/sqft
        Source: CPAR #775173 Report a problem
        3/20/2026Price change$197,000-0.5%$204/sqft
        Source: CPAR #775173 Report a problem
        3/13/2026Price change$198,000+0.3%$205/sqft
        Source: CPAR #775173 Report a problem
        3/6/2026Price change$197,500-0.3%$205/sqft
        Source: CPAR #775173 Report a problem
        2/27/2026Price change$197,9990%$205/sqft
        Source: CPAR #775173 Report a problem
        2/13/2026Price change$198,000+0.1%$205/sqft
        Source: CPAR #775173 Report a problem
        2/7/2026Price change$197,900-0.1%$205/sqft
        Source: CPAR #775173 Report a problem
        1/16/2026Price change$198,000-0.5%$205/sqft
        Source: CPAR #775173 Report a problem
        1/2/2026Price change$198,999+0%$206/sqft
        Source: CPAR #775173 Report a problem
        11/28/2025Price change$198,9970%$206/sqft
        Source: CPAR #775173 Report a problem
        11/26/2025Price change$198,9980%$206/sqft
        Source: CPAR #775173 Report a problem
        11/14/2025Price change$198,999-0.5%$206/sqft
        Source: CPAR #775173 Report a problem
        10/31/2025Price change$200,000-0.5%$207/sqft
        Source: CPAR #775173 Report a problem
        10/24/2025Price change$201,000-0.2%$208/sqft
        Source: CPAR #775173 Report a problem
        10/18/2025Price change$201,500-0.2%$209/sqft
        Source: CPAR #775173 Report a problem
        10/10/2025Price change$202,000-0.5%$209/sqft
        Source: CPAR #775173 Report a problem
        10/3/2025Price change$203,000-0.2%$210/sqft
        Source: CPAR #775173 Report a problem
        9/25/2025Price change$203,500-0.2%$211/sqft
        Source: CPAR #775173 Report a problem
        9/19/2025Price change$204,000-0.2%$211/sqft
        Source: CPAR #775173 Report a problem
        9/12/2025Price change$204,500-0.2%$212/sqft
        Source: CPAR #775173 Report a problem
        9/2/2025Price change$205,000-0.5%$212/sqft
        Source: CPAR #775173 Report a problem
        8/16/2025Listed for sale$206,000+11.4%$213/sqft
        Source: CPAR #775173 Report a problem
        4/11/2024Sold$185,000+36.5%$192/sqft
        Source: CPAR #751643 Report a problem
        6/19/2019Sold$135,500+21%$140/sqft
        Source: ECAOR #825775 Report a problem
        3/21/2017Sold$112,000+60.2%$116/sqft
        Source: Public Record Report a problem
        7/13/2010Sold$69,900+37.1%$72/sqft
        Source: Public Record Report a problem
        5/26/2010Sold$51,000$53/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$2,038 +3.1%$141,419 +10%
        2023$1,977 +20.7%$128,563 +10%
        2022$1,638 $116,875
        2021-- --
        2020$1,458 +3.7%$113,050 +6.5%
        2019$1,407 $106,123 +10%
        2018$1,407 +8.2%$96,475 +54.4%
        2017$1,300 +204.4%$62,485 +2.1%
        2016$427 +6.4%$61,200 +0.7%
        2015$401 $60,775 +10%
        2014$401 $55,250
        2013-- $55,250 -11.9%
        2012-- $62,725
        2011-- $62,725 -39.2%
        2010-- $103,120 -12%
        2009-- $117,182 -11%
        2008-- $131,665
        2007-- $131,665

        Find assessor info on the county website

        Monthly payment

        Est. payment
        $1,167/mo
        Principal & interest
        $966
        Property taxes
        $201
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          Climate risks

          Neighborhood: 32407

          Getting around

          24 / 100
          Car-Dependent
          48 / 100
          Somewhat Bikeable

          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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