512 Lighthouse Road, Panama City Beach, FL 32407 (MLS# 775173)

HOA Fee: Yes

HOA Amount: 1481.79

HOA Frequency: Quarterly

HOA Annual Amount: 5927.16

New Buyer Fee: No

Last Taxes: 2038

Last Tax Year: 2024

Brokerage Interest: No Interest

Condo Doc: Yes

List Price/SqFt: 196.89

Status: Active

List Date: 2025-06-19

List Price: $189,999

Current Price: $189,999

Sub Area: 0321 - Beach - North Central

Community/Resort: None

Waterfront: No

Elementary School: Hutchison Beach

Middle School: Surfside

High School: Arnold

Directions: Start on US-98 / Panama City Beach Parkway, heading west. Continue straight past Richard Jackson Blvd. Proceed until you reach the north side of the Parkway at the entrance for Nautilus Cove Condominiums. Turn right into the complex entrance.

Area: 03 - Bay County - Beach

Street #: 512

Street Name: Lighthouse

Street Suffix: Road

State: FL

Zip Code: 32407

County: Bay

Subdivision: Nautilus Cove Condo

Parcel ID: 40000-100-045

Legal Description: NAUTILUS COVE CONDO PHASE 4 UNIT 512 ORB 2832 P 523 2ND FLOOR 2BR/2BA ORB 4136 P 92 965 SQ.FT.

Floor Number: 2

Design: Low-Rise (1-3 floors)

Apx SqFt(Htd/Cooled): 965

Immediate Occupancy: Yes

Construction Status: Construction Complete

SqFt Source: Prop App Site

Lot Dimensions: 0x0

New Construction: No

Garage Y/N: No

Pool: Yes

Pool Type: Community

Sub-Type: Condominium

Bedrooms: 2

Full Baths: 2

Total Baths: 2

Year Built: 2006

Remarks: 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.

Inground: 1

Dishwasher: 1

Disposal: 1

Dryer: 1

Freezer: 1

Microwave: 1

Range - Electric: 1

Refrigerator: 1

Washer: 1

Water Heater - Electric: 1

Breakfast Bar: 1

Ceiling - Raised: 1

Ceiling - Vaulted: 1

Floor - Laminate: 1

Floor - Tile: 1

Split Bedroom: 1

Window - Treatment All: 1

Accounting: 1

BBQ Pit/Grill: 1

Community Room: 1

Dumpster: 1

Exercise Room: 1

Gated Community: 1

Ground Keeping: 1

Insurance: 1

Picnic Area: 1

Playground: 1

Pool: 1

Sewer: 1

Water: 1

Cash: 1

Conventional: 1

FHA: 1

VA: 1

Furnished: 1

Second: 1

Covenants & Rescrictions: 1

Gated Access: 1

State Highway: 1

Paved Road: 1

Assigned: 1

Parking Lot: 1

Paved: 1

MBed Walk-in Closet: 1

MBath Shower/Tub Combo: 1

Resid Multi-Family: 1

Picnic Area: 1

Playground: 1

Pool: 1

Bedroom: 1

Living Room: 1

Electricity - Connected: 1

Public Sewer - Connected: 1

Public Water - Connected: 1

As Is: 1

Second: 1

Central Air: 1

Central: 1

Electric: 1