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For sale
    • $197,999

    512 Lighthouse Rd, Panama City Beach, FL 32407

    2beds
    965sqft
    : 
    Condominium
    Built in 2006
    -- sqft lot
    $187,500 Zestimate®
    $205/sqft
    $-- HOA

    What's special

    Bbq areaFitness centerFilled with natural lightGreen space for pets
    This unit allows rentals with a 3-month minimum, making this 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 summer season. It's the perfect balance of personal use and smart investment potential. 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 second home, this condo delivers location, lifestyle, and flexibility in the heart of Panama City Beach.
    253 days
    |
    573
    |
    27
    |

    Zillow last checked: 8 hours ago

    Listing updated: 18 hours ago

    Listed by:

    Amy L Killian 850-381-5249,

    Beachy Beach Real Estate

    Source: CPAR,MLS#: 775173MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

    Tour with a local agent

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: Bedroom, Living Room
    Bedroom
    • Description: Buyer to verify
    • Level: Second
    • Dimensions: 0 x 0
    Living room
    • Description: Buyer to verify
    • Level: Second
    • Dimensions: 0 x 0
    Heating
    • Central, Electric
    Cooling
    • Central Air
    Appliances
    • Included: Electric Range, Electric Water Heater
    Interior area
    • Total structure area: 965
    • Total interior livable area: 965 sqft

    Property

    Parking
    • Parking features: Paved, Parking Lot, Gated
    Features
    • Pool features: In Ground, Community
    Lot
    • Features: Paved
    Details
    • Parcel number: 40000100045
    • Zoning description: Resid Multi-Family
    • Special conditions: Listed As-Is

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Low Rise
    • Property subtype: Condominium
    Condition
    • New construction: No
    • Year built: 2006

    Utilities & green energy

    • Sewer: Public Sewer

    Community & HOA

    Community
    • Features: Playground, Park, Pool, Community Pool
    • Security: Security Gate
    • Subdivision: Nautilus Cove Condo
    HOA
    • Has HOA: Yes
    • Amenities included: Gated, Barbecue, Picnic Area
    Location
    • Region: Panama City Beach

    Financial & listing details

    • Price per square foot: $205/sqft
    • Tax assessed value: $164,050
    • Annual tax amount: $2,038
    • Date on market: 12/13/2025
    • Cumulative days on market: 254 days
    Get pre-qualifiedBe ready to make an offer.
    Connect with an agentGet info on this home, tour, and more.
    Calculate monthly paymentSee if you can afford this home.

    Estimated market value

    $187,500

    $178,000 - $197,000

    $1,684/mo

    Price history

    Price history
    DateEventPrice
    2/27/2026Price change$197,9990%$205/sqft
    Source: CPAR #775173 Report a problem
    2/13/2026Price change$198,000+0.1%$205/sqft
    Source: CPAR #775173 Report a problem
    2/7/2026Price change$197,900-0.1%$205/sqft
    Source: CPAR #775173 Report a problem
    1/16/2026Price change$198,000-0.5%$205/sqft
    Source: CPAR #775173 Report a problem
    1/2/2026Price change$198,999+0%$206/sqft
    Source: CPAR #775173 Report a problem
    11/28/2025Price change$198,9970%$206/sqft
    Source: CPAR #775173 Report a problem
    11/26/2025Price change$198,9980%$206/sqft
    Source: CPAR #775173 Report a problem
    11/14/2025Price change$198,999-0.5%$206/sqft
    Source: CPAR #775173 Report a problem
    10/31/2025Price change$200,000-0.5%$207/sqft
    Source: CPAR #775173 Report a problem
    10/24/2025Price change$201,000-0.2%$208/sqft
    Source: CPAR #775173 Report a problem
    10/18/2025Price change$201,500-0.2%$209/sqft
    Source: CPAR #775173 Report a problem
    10/10/2025Price change$202,000-0.5%$209/sqft
    Source: CPAR #775173 Report a problem
    10/3/2025Price change$203,000-0.2%$210/sqft
    Source: CPAR #775173 Report a problem
    9/25/2025Price change$203,500-0.2%$211/sqft
    Source: CPAR #775173 Report a problem
    9/19/2025Price change$204,000-0.2%$211/sqft
    Source: CPAR #775173 Report a problem
    9/12/2025Price change$204,500-0.2%$212/sqft
    Source: CPAR #775173 Report a problem
    9/2/2025Price change$205,000-0.5%$212/sqft
    Source: CPAR #775173 Report a problem
    8/16/2025Price change$206,000-0.5%$213/sqft
    Source: CPAR #775173 Report a problem
    7/4/2025Price change$207,000-1%$215/sqft
    Source: CPAR #775173 Report a problem
    6/19/2025Listed for sale$209,000+13%$217/sqft
    Source: CPAR #775173 Report a problem
    4/11/2024Sold$185,000-2.4%$192/sqft
    Source: CPAR #751643 Report a problem
    3/29/2024Pending sale$189,500$196/sqft
    Source: CPAR #751643 Report a problem
    3/13/2024Price change$189,500-2.8%$196/sqft
    Source: CPAR #751643 Report a problem
    2/21/2024Price change$195,000-2%$202/sqft
    Source: CPAR #751643 Report a problem
    2/10/2024Price change$199,000-7.4%$206/sqft
    Source: CPAR #751643 Report a problem
    2/1/2024Listed for sale$215,000+58.7%$223/sqft
    Source: CPAR #751643 Report a problem
    6/19/2019Sold$135,500+21%$140/sqft
    Source: ECAOR #825775 Report a problem
    3/21/2017Sold$112,000+60.2%$116/sqft
    Source: Public Record Report a problem
    7/13/2010Sold$69,900+37.1%$72/sqft
    Source: Public Record Report a problem
    5/26/2010Sold$51,000$53/sqft
    Source: Public Record Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax 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

    BuyAbility℠ payment

    Est. payment
    $1,122/mo
    Principal & interest
    $912
    Property taxes
    $210

      Climate risks

      Neighborhood: 32407

      Getting around

      24 / 100
      Car-Dependent
      48 / 100
      Somewhat Bikeable

      Nearby schools

      GreatSchools rating
      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.

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