507 Lighthouse Rd #507, Panama City Beach, FL, 32407
About This Home
SHORT TERM RENTALS ALLOWED. Don't miss out on this freshly remodeled Fully Furnished bottom floor 2BR 2BA condo centrally located in Panama City Beach. Nautilus Cove is a gated condominium community in the heart of beautiful Panama City Beach. Nautilus Cove offers several amenities including a large resort style pool, fitness center, club house with full kitchen, children's playground, and pet friendly walking stations. Located in central Panama City Beach you are close distance to the beautiful Emerald waters of the Gulf and less than 2 miles from Pier Park where you will find great restaurants, entertainment and shopping.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Construction Complete
- Year built: 2006
Type & Style
- Home type: Condo
- Property subType: Condominium
Interior
Bedroom
- Level: First
- Area: 121
- Dimensions: 11 x 11
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Cooling
- Cooling features: Central Air
Dining Area
- Level: First
- Area: 144
- Dimensions: 12 x 12
Interior Area
- Total structure area: 935
- Total interior livable area: 935 sqft
Kitchen
- Level: First
- Area: 180
- Dimensions: 12 x 15
Other
- Level: First
- Area: 121
- Dimensions: 11 x 11
Property
Details
- Parcel number: 40000100040
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Hurricane
- Lightning
- Tornado
- Cold Wave
- Heat Wave
- Strong Wind
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Bay County and Florida
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,077 | $12,924 |
| Home Insurance * | $76 | $912 |
| Property Taxes | $104 | $1,248 |
| Electricity | $197 | $2,366 |
| Total | $1,454 | $17,448 |
Income You'd Need if You Spent...
Florida FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-10 | Pending sale | $213,000 |
| 2026-03-16 | Price change | $213,000 |
| 2025-07-08 | Price change | $214,000 |
| 2025-06-07 | Price change | $215,000 |
| 2025-04-13 | Price change | $225,000 |
| 2025-01-20 | Price change | $239,000 |
| 2024-12-05 | Listed for sale | $242,000 |
| 2022-03-31 | Sold | $185,000 |
| 2018-08-21 | Sold | $122,000 |
| 2016-08-30 | Sold | $94,000 |
| 2016-08-15 | Price change | $111,900 |
| 2016-07-06 | Price change | $115,900 |
| 2016-03-16 | Listed for sale | $119,000 |
View on Zillow