Welcome to Nautilus Cove, one of Panama City Beach's best-kept secrets! This fully furnished 2-bedroom, 2-bath condo offers the perfect blend of comfort, convenience, and coastal living. Located in a gated, beautifully maintained community, this move-in or rental-ready unit is just minutes from the sugar-white beaches of the Gulf and all the excitement of Pier Park, featuring shopping, dining, entertainment, and attractions.
Enjoy resort-style amenities including a clubhouse, fitness center, sparkling community pool, playground, and pet walking station--making it ideal as a full-time residence, vacation getaway, or investment property. With its prime location, charming community feel, and turnkey furnishings, this is your chance to own an affordable slice of paradise in Panama City Beach!
For sale
$175,000
512 Lighthouse Rd, Panama City Beach, FL 32407
2beds
965sqft
Condominium
Built in 2006
-- sqft lot
$169,700 Zestimate®
$181/sqft
$-- HOA
What's special
Gated beautifully maintained communityTurnkey furnishingsSparkling community poolPet walking stationFitness center
- 3 days |
- 302 |
- 28 |
Zillow last checked:
Listing updated:
Listed by:
John J Arroyo 850-943-7777,
LPT Realty LLC
Source: CPAR,MLS#: 791482
Originating MLS: Central Panhandle Association of REALTORS
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Bedroom, Primary Bedroom
Primary bedroom
- Level: Second
- Dimensions: 12.9 x 11
Bedroom
- Level: Second
- Dimensions: 11.8 x 10.1
Features
- Upper Level Primary
Interior area
- Total structure area: 965
- Total interior livable area: 965 sqft
Property
Features
- Pool features: Community
Details
- Parcel number: 40000100045
Construction
Type & style
- Home type: Condo
- Architectural style: Low Rise
- Property subtype: Condominium
Condition
- New construction: No
- Year built: 2006
Utilities & green energy
- Utilities for property: Electricity Available
Community & HOA
Community
- Features: Community Pool
- Subdivision: Nautilus Cove Condo
HOA
- Has HOA: Yes
Location
- Region: Panama City Beach
Financial & listing details
- Price per square foot: $181/sqft
- Tax assessed value: $164,050
- Annual tax amount: $2,092
- Date on market: 6/17/2026
- Electric utility on property: Yes
Estimated market value
$169,700
$161,000 - $178,000
$1,612/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/17/2026 | Listed for sale | $175,000-2.7%$181/sqft |
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| 5/17/2026 | Listing removed | $179,900$186/sqft |
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| 5/5/2026 | Price change | $179,900-5.3%$186/sqft |
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| 4/24/2026 | Price change | $189,9980%$197/sqft |
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| 4/17/2026 | Price change | $189,9990%$197/sqft |
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| 4/9/2026 | Price change | $190,000-2.5%$197/sqft |
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| 3/27/2026 | Price change | $194,900-1.1%$202/sqft |
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| 3/20/2026 | Price change | $197,000-0.5%$204/sqft |
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| 3/13/2026 | Price change | $198,000+0.3%$205/sqft |
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| 3/6/2026 | Price change | $197,500-0.3%$205/sqft |
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| 2/27/2026 | Price change | $197,9990%$205/sqft |
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| 2/13/2026 | Price change | $198,000+0.1%$205/sqft |
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| 2/7/2026 | Price change | $197,900-0.1%$205/sqft |
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| 1/16/2026 | Price change | $198,000-0.5%$205/sqft |
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| 1/2/2026 | Price change | $198,999+0%$206/sqft |
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| 11/28/2025 | Price change | $198,9970%$206/sqft |
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| 11/26/2025 | Price change | $198,9980%$206/sqft |
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| 11/14/2025 | Price change | $198,999-0.5%$206/sqft |
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| 10/31/2025 | Price change | $200,000-0.5%$207/sqft |
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| 10/24/2025 | Price change | $201,000-0.2%$208/sqft |
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| 10/18/2025 | Price change | $201,500-0.2%$209/sqft |
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| 10/10/2025 | Price change | $202,000-0.5%$209/sqft |
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| 10/3/2025 | Price change | $203,000-0.2%$210/sqft |
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| 9/25/2025 | Price change | $203,500-0.2%$211/sqft |
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| 9/19/2025 | Listed for sale | $204,000+10.3%$211/sqft |
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| 4/11/2024 | Sold | $185,000+36.5%$192/sqft |
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| 6/19/2019 | Sold | $135,500+21%$140/sqft |
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| 3/21/2017 | Sold | $112,000+60.2%$116/sqft |
Source: Public Record Report a problem | ||
| 7/13/2010 | Sold | $69,900+37.1%$72/sqft |
Source: Public Record Report a problem | ||
| 5/26/2010 | Sold | $51,000$53/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,038 +3.1% | $141,419 +10% |
| 2023 | $1,977 +20.7% | $128,563 +10% |
| 2022 | $1,638 | $116,875 |
| 2021 | -- | -- |
| 2020 | $1,458 +3.7% | $113,050 +6.5% |
| 2019 | $1,407 | $106,123 +10% |
| 2018 | $1,407 +8.2% | $96,475 +54.4% |
| 2017 | $1,300 +204.4% | $62,485 +2.1% |
| 2016 | $427 +6.4% | $61,200 +0.7% |
| 2015 | $401 | $60,775 +10% |
| 2014 | $401 | $55,250 |
| 2013 | -- | $55,250 -11.9% |
| 2012 | -- | $62,725 |
| 2011 | -- | $62,725 -39.2% |
| 2010 | -- | $103,120 -12% |
| 2009 | -- | $117,182 -11% |
| 2008 | -- | $131,665 |
| 2007 | -- | $131,665 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 32407
Nearby schools
GreatSchools rating
- 7/10Surfside Middle SchoolGrades: PK-12Distance: 0.4 mi
- 8/10Hutchison Beach Elementary SchoolGrades: K-5Distance: 1 mi
- 4/10J.R. Arnold High SchoolGrades: 9-12Distance: 1.9 mi
Schools provided by the listing agent
- Elementary: Hutchison Beach
- Middle: Surfside
- High: Arnold
Source: CPAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Florida
- Bay County
- Panama City Beach
- 32407
- 512 Lighthouse Rd
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