501 Albatross Street, Panama City Beach, FL 32413 (MLS# 729361)


$2,100,000
501 Albatross Street
Panama City Beach, FL 32413
MLS# 729361
Status: Sold
8 beds  |  8 baths  |  4292 sqft


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Property Description
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.

Details
Maps
Listing Info, Tax and Legal
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
As Is: Yes
Contract Info
List Price/SqFt: 559.18
Status: Sold
List Date: 2022-07-12
List Price: $2,400,000
Current Price: $2,100,000
Location
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
General Property Info
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
Bedrooms: 8
Full Baths: 7
Total Baths: 8
Year Built: 2023
Remarks & Misc
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.
Status Change Info
Sold Price/SqFt: 489.28
Sold Price/Acre: 10000000
Under Contract Date: 2023-01-24
Sold Date: 2023-02-23
Sold Price: $2,100,000
Garage
First: 1
Great Room
First: 1
Pool Features
Fenced: 1
Inground: 1
Saltwater: 1
Recreation Room
Second: 1
Third: 1
Appliances
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
Interior Features
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
Woodwork Painted: 1
Assumable Mtg Typ
None: 1
Construction/Siding
Foundation - Slab on Grade: 1
Frame: 1
Roof - Gutters: 1
Roof - Metal: 1
Siding - Hardie Board: 1
Trim - Hardie Board: 1
Exterior
Balcony: 1
Deck Open: 1
Fenced Lot-Part: 1
Fenced Privacy: 1
Shower: 1
Patio Covered: 1
Patio Open: 1
Pool: 1
Porch: 1
Porch Covered: 1
Separate Living Area: 1
Storm Windows: 1
Other Structures
Storage: 1
See Remarks: 1
Association Fees Include
Beach: 1
Financing
Cash: 1
Conventional: 1
Furnished
Unfurnished: 1
Interior
Bonus Room: 1
Bunk Room: 1
Insulated Doors: 1
Lot Features
Cleared: 1
Corner Lot: 1
Dedicated Beach: 1
Near Beach Access: 1
Within 1/2 Mile to Water: 1
Other - See Remarks: 1
Lot Access
Paved Road: 1
Parking Features
Driveway: 1
Garage Attached: 1
Golf Cart Garage: 1
Paved: 1
Mstr Bath / Mstr Bdrm
MBath Double Vanity: 1
MBath Separate Shwr: 1
MBath Tile: 1
MBed First Floor: 1
MBed Walk-in Closet: 1
See Remarks: 1
Present Zoning
City: 1
Association Amenities
Beach: 1
Other - See Remarks: 1
Rooms
Bedroom: 1
Garage: 1
Great Room: 1
Recreation Room: 1
Showing
ShowingTime: 1
Utilities
All Utilities: 1
Public Sewer - Connected: 1
Water Connected: 1
Waterview
Gulf: 1
Other - See Remarks: 1
Sale Type
Accept Backup Offers: 1
As Is: 1
Bedroom
First: 1
Second: 1
Third: 1
Cooling
Central Air: 1
Electric: 1
ENERGY STAR Qualified Equipment: 1
Heat Pump: 1
Multi Units: 1
Heating
Central: 1
Electric: 1
Security Features
Prewired: 1
Smoke Detector(s): 1
Special List Prov
Other-See Remarks: 1
Property Features
Appliances: Cooktop - Gas; Dishwasher; Dryer; ENERGY STAR Qualified Appliances; Microwave; Oven - Gas; Range - Gas; Refrigerator; Washer; Water Heater - Gas
Assumable Mtg Typ: None
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
Furnished: Unfurnished
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
Lot Access: Paved Road
Great Room: First
Garage: First
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
Showing: ShowingTime
Special List Prov: Other-See Remarks
Utilities: All Utilities; Public Sewer - Connected; Water Connected
Waterview: Gulf; Other - See Remarks
Supplements
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 Information
Room Name Level Dimensions Length Width Dimensions Remarks
BedroomFirst14 x 12.614.0012.6014 x 12.6Bedroom #1 also has private bath 9x6 with shower
BedroomSecond14 x 1214.0012.0014 x 12Bedroom #2 with Private bath (shower)
BedroomSecond11 x 1011.0010.0011 x 10Bedroom #3 with private bathroom, shower
BedroomSecond15 x 1215.0012.0015 x 12Bedroom #4
BedroomSecond15 x 1215.0012.0015 x 12Bedroom #5 with private bath
BedroomThird12 x 1212.0012.0012 x 12Bedroom #6 with shared bath
BedroomThird12 x 1212.0012.0012 x 12Bedroom #7 with shared bath
BedroomThird12 x 1212.0012.0012 x 12Bedroom #8 with shared bath
Great RoomFirst40 x 3240.0032.0040 x 32Great Room, includes Kitchen, Living Room, Dining
Recreation RoomSecond14 x 1314.0013.0014 x 132nd Floor Rec Room
Recreation RoomThird12 x 3012.0030.0012 x 30Third floor Rec Room
GarageFirst15 x 1215.0012.0015 x 12

Listing Office: eXp Realty, LLC

Last Updated: September - 24 - 2024

Information deemed reliable but not guaranteed.