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512 Lighthouse Road
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PRICED AT ONLY: $189,999

Address: 512 Lighthouse Road, Panama City Beach, FL 32407

Description

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 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.

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  • MLS#: 775173 ( Residential )
  • Street Address: 512 Lighthouse Road
  • Viewed: 105
  • Price: $189,999
  • Price sqft: $197
  • Waterfront: No
  • Year Built: 2006
  • Bldg sqft: 965
  • Bedrooms: 2
  • Total Baths: 2
  • Full Baths: 2
  • Days On Market: 302

Description

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 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.
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Living Area: 0.00
Land Information
  • Lot Features: Paved
School Information
  • High School: Arnold
  • Middle School: Surfside
  • School Elementary: Hutchison Beach
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
  • Parking Features: Paved, ParkingLot, Gated
Eco-Communities
  • Pool Features: InGround, Community
Utilities
  • Carport Spaces: 0.00
  • Cooling: CentralAir
  • Heating: Central, Electric
  • Road Frontage Type: Highway
  • Sewer: PublicSewer
Amenities
  • Association Amenities: Gated, Barbecue, PicnicArea
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Pet Deposit: 0.00
  • Security Deposit: 0.00
  • Tax Year: 2024
  • Trash Expense: 0.00
Other Features
  • Appliances: ElectricRange, ElectricWaterHeater
  • Legal Description: NAUTILUS COVE CONDO PHASE 4 UNIT 512 ORB 2832 P 523 2ND FLOOR 2BR/2BA ORB 4136 P 92 965 SQ.FT.
  • Area Major: 03 - Bay County - Beach
  • Occupant Type: Vacant
  • Parcel Number: 40000-100-045
  • Style: LowRise
  • The Range: 0.00
  • Views: 105
Nearby Subdivisions
[no Recorded Subdiv]   Bahama Beach Villas   Beachview Villas   Edgewater Beach   Edgewater Golf Villas 1   Edgewater Golf Villas 3a   Edgewater Golf Villas 4b   Edgewater Golf Villas 5 A   Edgewater Golf Villas 5 B   Edgewater Golf Villas 6 B   Edgewater Golf Villas Iii   Edgewater Golf Villas Iii-a   Edgewater Golf Villas Iv   Edgewater Golf Villas V-a   Edgewater Golf Villas V-b   Edgewater Golf Villas V-c   Edgewater Tower I   Edgewater Tower Ii   Edgewater Tower Iii   Grand Panama Beach Resort   Grandview East At Long Beach   Gulf Highlands Beach Resort   Gulf Highlands I   Hibiscus By The Bay   Hombre Golf Village   Island Reserve   Laketown Wharf   Leeward/windward Condo   Leisure #1 Condo   Long Beach Towers I   Long Beach Towers Ii   Long Beach Towers Iii   Long Beach Towers Iv   Majestic Beach Tower I   Majestic Beach Tower Ii   Marina Landing   Marisol Condo   Nautilus Condo   Nautilus Cove Condo   Ocean Ritz   Ocean Villa   Palm Cove   River Oaks Tennis Villas   Sand Castles Villa   Shores Of Panama   Somerset Condo   Sterling Reef   Twin Palms Resort   Wimbledon Tennis Villas  
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