505 Lighthouse Rd

Off Market

505 Lighthouse Rd

Panama City Beach FL 32413

935 sq. ft.

Condo

Last sold for $175,000

Angela Hale, last sold this property on 31 October 2025 after 528 days on market.

Overview

SHORT TERM RENTALS ALLOWED FOR THIS UNIT in Nautilus Cove. A charming coastal retreat in the heart of Panama City Beach. This well-maintained ground floor unit features an open living area, spacious kitchen, and inviting bedrooms designed for comfort. Enjoy the community's resort-style amenities including a sparkling pool, tennis courts, clubhouse, and beautifully landscaped grounds. Perfectly located just minutes from the beach, shopping, dining, and entertainment this property offers the ideal blend of relaxation and convenience for an investment property, second home or primary residence. Schedule your showing today. New HVAC in 2025 (inside unit) New Water heater 2023 New Refrigerator 2025

Features

2 bedrooms

2 bathrooms

935 sq. ft. floor area

Condo

Estimated Value

Based on this property and similar 2 bedroom condos sold in Panama City Beach over the last 12 months, the estimated median property value of 505 Lighthouse Rd is $470k.

Median value

$470k

Estimated value range

$170k - $2.7m

Median days on market

Estimated value trend

-7%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Panama City Beach. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 505 Lighthouse Rd

2025

Sold

$175,000

31 Oct 2025 by Angela Hale, of ERA Neubauer Real Estate, Inc

2023

Sold

$255,000

15 Sep 2023 by Diana Ihnatyshyn, of Oceanside Realty and Property Managment LLC

2023

Rented

Undisclosed

15 Sep 2023 by Oceanside Realty and Property Managment LLC

Happy sellers in Panama City Beach

80%

80% of sellers in Panama City Beach reported that their sale price either exceeded or met their price expectations.

Panama City Beach stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 22 reviews in Panama City Beach over the last 12 months.

Local market activity for 2 bedroom condos in Panama City Beach

In the last 12 months, 216 two-bedroom condos similar to 505 Lighthouse Rd, have been sold.

This represents a 25% decrease in two-bedroom condos sales when compared to the previous 12 months.

Sold

For Sale

Interested in selling?

People are reaching out to these agents in Panama City Beach for a market analysis.

Beth Mulvey

at Beach House Sales and Development

(125 reviews)

Get a market analysis

Britta Kepple

at Realty ONE Group Emerald Coast | Panama City

(27 reviews)

Get a market analysis

Matthew Jones

at Coastal Heritage Real Estate LLC

4.9

(25 reviews)

Get a market analysis

Michele Bailey

at Compass

(21 reviews)

Get a market analysis

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Panama City Beach

Beth Mulvey

Sellers who recommend Beth Mulvey have praised them for being local expert, responsive, clear communication, supportive, friendly, dedicated, and detail-oriented

5 (125 reviews)
5 Reviews in Panama City Beach
3 Sales in Panama City Beach

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Britta Kepple

Britta Kepple is a recommended agent for Panama City Beach. They have collected 5 local reviews across the last 12 months.

5 (27 reviews)
5 Reviews in Panama City Beach

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Matthew Jones

Matthew Jones is a recommended agent for Panama City Beach. They have 15 local sales and collected 4 local reviews across the last 12 months.

4.9 (25 reviews)
4 Reviews in Panama City Beach
15 Sales in Panama City Beach

View profile

Michele Bailey

Michele Bailey is an award winning recommended agent for Panama City Beach. They have 6 local sales and collected 4 local reviews across the last 12 months.