**Seller offering $5000 toward buyer closing costs** Enjoy the beach life in Nautilus Cove! This rare, one owner condo is located in Nautilus Cove in beautiful Panama City Beach, Florida. Perfect for anyone seeking comfort, convenience, and easy access to everything the Gulf Coast has to offer.
Two generously sized bedrooms and two full bathrooms provide plenty of room for relaxation and privacy. Enjoy bright, freshly painted, open living spaces ideal for unwinding after a day at the beach.
Steps away from this unit you will find a resort-style swimming pool and a playground for the kids surrounded by well-maintained grounds and landscaping. The property includes a fitness center as well as a clubhouse with a full kitchen. Gated security is provided for peace of mind.
Located at the heart of Panama City Beach, you're just minutes from world-class white-sand beaches, Pier Park for shopping and dining, and endless attractions. Spend your days sunning at the beach, parasailing, visiting St. Andrews State Park, or exploring local restaurants and entertainment--all within easy reach.
Whether you're looking for a primary residence or a second home, this Nautilus Cove condo delivers the perfect blend of resort-style living and convenience. Don't miss your chance to own a slice of paradise in one of Florida's most popular beach destinations!
For sale
Price cut: $3K (8/14)
$187,000
514 Lighthouse Rd, Panama City Beach, FL 32407
2beds
965sqft
Condominium
Built in 2006
-- sqft lot
$176,700 Zestimate®
$194/sqft
$469/mo HOA
What's special
Resort-style swimming poolGated securityTwo generously sized bedroomsWell-maintained grounds and landscapingPlayground for the kids
- 79 days
- 528
- 48
Zillow last checked:
Listing updated:
Listed by:
Roxanne Hayes 850-319-5834,
World Impact Real Estate,
Matthew R Finch 850-541-4042,
World Impact Real Estate
Source: CPAR,MLS#: 791189
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
Rooms
- Room types: Bedroom, Primary Bedroom
Primary bedroom
- Description: Owner measured, buyer verify if important
- Level: Second
- Dimensions: 11 x 11
Bedroom
- Description: Owner measured, buyer verify if important
- Level: Second
- Dimensions: 11 x 11
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Electric Oven, Electric Range
Features
- Upper Level Primary
Interior area
- Total structure area: 965
- Total interior livable area: 965 sqft
Property
Parking
- Parking features: Additional Parking, Gated
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered, Patio
- Pool features: In Ground, Community
Details
- Parcel number: 40000100047
- 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: Barbecue, Clubhouse, Fitness Center, Playground, Park, Pool, Community Pool, Gated
- Security: Security Gate, Gated Community
- Subdivision: Nautilus Cove Condo
HOA
- Has HOA: Yes
- Amenities included: Gated, Barbecue, Picnic Area
- Services included: Clubhouse, Fitness Facility, Insurance, Maintenance Grounds, Playground, Pool(s), Sewer, Trash, Water
- HOA fee: $1,408 quarterly
Location
- Region: Panama City Beach
Financial & listing details
- Price per square foot: $194/sqft
- Tax assessed value: $164,050
- Annual tax amount: $774
- Date on market: 6/11/2026
- Cumulative days on market: 80 days
Estimated market value
$176,700
$168,000 - $186,000
$1,609/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/14/2026 | Price change | $187,000-1.6%$194/sqft |
Source:  CPAR #791189 Report a problem | ||
| 6/11/2026 | Listed for sale | $190,000+35.7%$197/sqft |
Source: CPAR #791189 Report a problem | ||
| 3/13/2008 | Sold | $140,000$145/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $774 +5.9% | $73,688 +3% |
| 2023 | $730 +13.1% | $71,542 +3% |
| 2022 | $646 | $69,458 |
| 2021 | -- | -- |
| 2020 | $607 +3.3% | $66,504 +2.3% |
| 2019 | $587 | $65,009 +1.9% |
| 2018 | $587 -0.2% | $63,797 +2.1% |
| 2017 | $589 +37.8% | $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
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 32407
Nearby schools
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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