501 Albatross Street
Panama City Beach, FL 32413
MLS# 729361
Status:
Sold8 beds | 8 baths | 4292 sqft
Property DescriptionUNDER CONTRACT.SELLER ACCEPTING BACKUP OFFERS Looking for a Luxury Vacation Home that's Income Producing? Welcome to your stunning, three-story, 8 Bed/ 7.5 Bath luxury beach home with gorgeous views of the Gulf of Mexico. Indoor and outdoor living collide gracefully in the main living area, which features glass sliding doors that open up to the private pool/spa, outdoor shower, and fenced-in backyard. Located in the quiet beach community of Bid-A-Wee Beach, in the heart of Panama City Beach, Florida, you'll have PRIVATE, GATED BEACH ACCESS down the street. This luxury beach home is ready to cash flow. This luxury beach home sleeps up to 22 guests, with vacation rental income projections estimated at $250K- $260K annually.
Homestead: No
HOA Fee: Yes
HOA Amount: 100
HOA Frequency: Annually
HOA Annual Amount: 100
Senior Community: No
New Buyer Fee: No
Last Taxes: 1820
Last Tax Year: 2021
Brokerage Interest: No Interest
List Price/SqFt: 559.18
Status: Sold
List Date: 2022-07-12
List Price: $2,400,000
Current Price: $2,100,000
Sub Area: 0320 - Beach - Middle Central
Community/Resort: Bid a Wee
Waterfront: No
Elementary School: Hutchison Beach
Middle School: Surfside
High School: Arnold
Directions: From Panama City Beach Pkwy, head South on Nautilus to Front Beach Road. Turn left on Front Beach then look for Albatross after traffic light. From Front Beach Road heading east, turn left on Albatross, house is on the right on the corner lot.
Area: 03 - Bay County - Beach
Street #: 501
Street Name: Albatross
Street Suffix: Street
State: FL
Zip Code: 32413
County: Bay
Subdivision: Bid A Wee
Parcel ID: 34761-000-000
Legal Description: see attached deed in documents section
Acreage: 0.21
Design: Beach House
Lot Size (SqFt): 8973
Apx SqFt(Htd/Cooled): 4292
Construction Status: Under Construction
SqFt Source: Builders Plans
Half Baths: 1
# of Stories in Building: 3
Lot Dimensions: 60x150
Garage Y/N: Yes
Garage Spaces: 1
Covered Spaces: 1
Driveway Spaces: 7
Sub-Type: Detached Single Family
Total Baths: 8
Year Built: 2023
Remarks: UNDER CONTRACT.SELLER ACCEPTING BACKUP OFFERS Looking for a Luxury Vacation Home that's Income Producing? Welcome to your stunning, three-story, 8 Bed/ 7.5 Bath luxury beach home with gorgeous views of the Gulf of Mexico. Indoor and outdoor living collide gracefully in the main living area, which features glass sliding doors that open up to the private pool/spa, outdoor shower, and fenced-in backyard. Located in the quiet beach community of Bid-A-Wee Beach, in the heart of Panama City Beach, Florida, you'll have PRIVATE, GATED BEACH ACCESS down the street. This luxury beach home is ready to cash flow. This luxury beach home sleeps up to 22 guests, with vacation rental income projections estimated at $250K- $260K annually.
Sold Price/SqFt: 489.28
Sold Price/Acre: 10000000
Under Contract Date: 2023-01-24
Sold Date: 2023-02-23
Cooktop - Gas: 1
Dishwasher: 1
Dryer: 1
ENERGY STAR Qualified Appliances: 1
Microwave: 1
Oven - Gas: 1
Range - Gas: 1
Refrigerator: 1
Washer: 1
Water Heater - Gas: 1
Washer/Dryer Hookup: 1
Breakfast Bar: 1
Ceiling - Raised: 1
Closet Owner: 1
Floor - Tile: 1
Floor - Vinyl Plank: 1
Kitchen Island: 1
Lighting - Recessed: 1
Lock Out Closet: 1
Pantry: 1
Split Bedroom: 1
Walls Wainscoting: 1
Foundation - Slab on Grade: 1
Frame: 1
Roof - Gutters: 1
Roof - Metal: 1
Siding - Hardie Board: 1
Trim - Hardie Board: 1
Fenced Lot-Part: 1
Fenced Privacy: 1
Shower: 1
Patio Covered: 1
Separate Living Area: 1
Storm Windows: 1
Bonus Room: 1
Bunk Room: 1
Dedicated Beach: 1
Near Beach Access: 1
Within 1/2 Mile to Water: 1
Other - See Remarks: 1
Driveway: 1
Garage Attached: 1
Golf Cart Garage: 1
Paved: 1
MBath Double Vanity: 1
MBath Separate Shwr: 1
MBath Tile: 1
MBed First Floor: 1
MBed Walk-in Closet: 1
See Remarks: 1
Beach: 1
Other - See Remarks: 1
Great Room: 1
Recreation Room: 1
All Utilities: 1
Public Sewer - Connected: 1
Gulf: 1
Other - See Remarks: 1
Accept Backup Offers: 1
As Is: 1
Central Air: 1
Electric: 1
ENERGY STAR Qualified Equipment: 1
Heat Pump: 1
Prewired: 1
Smoke Detector(s): 1
Appliances: Cooktop - Gas; Dishwasher; Dryer; ENERGY STAR Qualified Appliances; Microwave; Oven - Gas; Range - Gas; Refrigerator; Washer; Water Heater - Gas
Bedroom: First; Second; Third
Cooling: Central Air; Electric; ENERGY STAR Qualified Equipment; Heat Pump; Multi Units
Heating: Central; Electric
Exterior: Balcony; Deck Open; Fenced Lot-Part; Fenced Privacy; Shower; Patio Covered; Patio Open; Pool; Porch; Porch Covered; Separate Living Area; Storm Windows
Association Fees Include: Beach
Financing: Cash; Conventional
Interior: Bonus Room; Bunk Room; Insulated Doors
Lot Features: Cleared; Corner Lot; Dedicated Beach; Near Beach Access; Within 1/2 Mile to Water; Other - See Remarks
Pool Features: Fenced; Inground; Saltwater
Recreation Room: Second; Third
Security Features: Prewired; Smoke Detector(s)
Parking Features: Driveway; Garage Attached; Golf Cart Garage; Paved
Other Structures: Storage; See Remarks
Association Amenities: Beach; Other - See Remarks
Rooms: Bedroom; Garage; Great Room; Recreation Room
Sale Type: Accept Backup Offers; As Is
Special List Prov: Other-See Remarks
Utilities: All Utilities; Public Sewer - Connected; Water Connected
Waterview: Gulf; Other - See Remarks
Outside, the private saltwater pool takes center stage and is perfect for enjoying barbecues and entertaining friends and family. On the first level, you'll find an expansive living and dining area and a spectacular chef's kitchen offering custom cabinetry, High-End GE cafe appliances, a natural gas stove, a 48-inch GE Cafe refrigerator, and quartz countertops. This luxury beach home features multiple primary bedroom suites, with 4 of the 8 bedrooms having their own private ensuite bathrooms. The third floor offer three bedrooms, and a large rec room, as well as an expansive private balcony that showcases stunning views of the Gulf of Mexico. This beach home also features a small attached garage, which is perfect for parking your golf cart, or storing beach equipment. Life is truly a vacation when you're just a short golf cart ride away from Bid-A-Wee's gated beach access with over 2200 feet of Dedicated Beach. This home is currently under construction and is expected to be completed February 2023. Designed and built by Mulder & Company, a locally owned, trusted builder known for their exceptional craftsmanship and attention to detail. **All interior listing photos are pictures of a model home that has similar finishes to this home, once construction is complete.** Floor plans and a list of all the upgrades and the specs for this home are available upon request. Call today to see this beautiful beach home in person!
| Room Name | Level | Dimensions | Length | Width | Dimensions | Remarks |
| Bedroom | First | 14 x 12.6 | 14.00 | 12.60 | 14 x 12.6 | Bedroom #1 also has private bath 9x6 with shower |
| Bedroom | Second | 14 x 12 | 14.00 | 12.00 | 14 x 12 | Bedroom #2 with Private bath (shower) |
| Bedroom | Second | 11 x 10 | 11.00 | 10.00 | 11 x 10 | Bedroom #3 with private bathroom, shower |
| Bedroom | Second | 15 x 12 | 15.00 | 12.00 | 15 x 12 | Bedroom #4 |
| Bedroom | Second | 15 x 12 | 15.00 | 12.00 | 15 x 12 | Bedroom #5 with private bath |
| Bedroom | Third | 12 x 12 | 12.00 | 12.00 | 12 x 12 | Bedroom #6 with shared bath |
| Bedroom | Third | 12 x 12 | 12.00 | 12.00 | 12 x 12 | Bedroom #7 with shared bath |
| Bedroom | Third | 12 x 12 | 12.00 | 12.00 | 12 x 12 | Bedroom #8 with shared bath |
| Great Room | First | 40 x 32 | 40.00 | 32.00 | 40 x 32 | Great Room, includes Kitchen, Living Room, Dining |
| Recreation Room | Second | 14 x 13 | 14.00 | 13.00 | 14 x 13 | 2nd Floor Rec Room |
| Recreation Room | Third | 12 x 30 | 12.00 | 30.00 | 12 x 30 | Third floor Rec Room |
| Garage | First | 15 x 12 | 15.00 | 12.00 | 15 x 12 | |
Listing Office: eXp Realty, LLC
Last Updated: September - 24 - 2024
Information deemed reliable but not guaranteed.