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 2-bedroom, 2nd-floor condo is filled with natural light and offers extra privacy with no upstairs neighbors.
Recent updates include a 2023 HVAC system, and your low-maintenance lifestyle is made easy with HOA fees that cover water, sewer, garbage, landscaping, and community amenities.
Enjoy resort-style living with a pool, clubhouse, fitness center, BBQ area, playground, and plenty of green space for pets—with the playground and pool right outside your door.
Perfectly located less than a mile from the beach and only 2 miles to Pier Park, you'll be close to shopping, dining, schools, and entertainment. Attractions like Top Golf, Dolly Parton's Pirate Voyage, and Camp Helen State Park are just minutes away.
Whether you're looking for a primary residence, second home, or investment property, this condo has the location, amenities, and updates you've been searching for.
For sale
$198,997
512 Lighthouse Rd, Panama City Beach, FL 32407
2beds
965sqft
Est.:
Condominium
Built in 2006
-- sqft lot
$192,200 Zestimate®
$206/sqft
$-- HOA
What's special
Bbq areaFitness centerFilled with natural lightGreen space for pets
- 190 days |
- 223 |
- 18 |
Zillow last checked: 8 hours ago
Listing updated: December 19, 2025 at 08:26am
Listed by:
Amy L Killian 850-381-5249,
Beachy Beach Real Estate
Source: CPAR,MLS#: 775173
Originating MLS: Central Panhandle Association of REALTORS
Originating MLS: Central Panhandle Association of REALTORSTour 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
- 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: $206/sqft
- Tax assessed value: $164,050
- Annual tax amount: $2,038
- Date on market: 12/13/2025
- Cumulative days on market: 191 days
Estimated market value
$192,200
$183,000 - $202,000
$1,730/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/28/2025 | Price change | $198,9970%$206/sqft |
Source:  CPAR #775173 Report a problem | ||
| 11/26/2025 | Price change | $198,9980%$206/sqft |
Source: CPAR #775173 Report a problem | ||
| 11/14/2025 | Price change | $198,999-0.5%$206/sqft |
Source: CPAR #775173 Report a problem | ||
| 10/31/2025 | Price change | $200,000-0.5%$207/sqft |
Source: CPAR #775173 Report a problem | ||
| 10/24/2025 | Price change | $201,000-0.2%$208/sqft |
Source: CPAR #775173 Report a problem | ||
Public tax history
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 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$1,238/mo
Principal & interest
$957
Property taxes
$211
Home insurance
$70
Climate risks
Neighborhood: 32407
Nearby schools
GreatSchools rating
- 8/10Hutchison Beach Elementary SchoolGrades: K-5Distance: 0.9 mi
- 7/10Surfside Middle SchoolGrades: 6-8Distance: 0.4 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.
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