Homes for sale - 503 Albatross ST, Panama City Beach, FL 32413

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LPT Realty

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$ 2,650,000

Est. payment | -/mo

8 Beds

8 Baths

3,945 SqFt

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$ 2,650,000

Est. payment | -/mo

Save

8 Beds

8 Baths

3,945 SqFt

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 3,945 sqft

Price per Sqft $671

Subdivision Bid-A-Wee

MLS Listing ID 759527

Style Coastal

Bedrooms 8

Full Baths 7

Half Baths 1

HOA Fees $100/ann

HOA Y/N Yes

Year Built 2023

Annual Tax Amount $2,593

Tax Year 2023

Lot Size 9,147 Sqft

Acres 0.21

Property Description

Introducing 503 Albatross, an epitome of luxury and elegance nestled in the heart of Panama City Beach's coveted Bid-a-Wee community. This magnificent three-story masterpiece is not just a home; it's a gateway to a lifestyle marked by breathtaking Gulf views, unparalleled amenities, and an enviable proximity to a private, deeded beach access and the vibrant Margaritaville Resort.Designed with a discerning eye for detail, this sprawling 8-bedroom, 7.5-bath home exudes sophistication and comfort. Each floor has been meticulously crafted to offer ample space and privacy, making it ideal for large families or groups seeking a serene retreat. The third floor boasts a spacious family room complete with an oversized sectional, a foosball table, and stunning coastal furnishings that perfectly complement the home's elegant aesthetic.The heart of this home is its state-of-the-art kitchen, featuring top-of-the-line GE Cafe appliances and pristine quartz countertops. Custom trim and woodwork accentuate the space, creating an inviting environment for both casual meals and gourmet feasts. The open layout ensures that the kitchen flows seamlessly into the dining and living areas, making it perfect for entertaining.Step outside to discover your private haven. The expansive backyard is a paradise for outdoor enthusiasts, featuring an oversized saltwater pool, a sprawling patio, and ample seating areas for sunbathing or alfresco dining. The outdoor ping pong table and basketball games add a touch of fun for guests of all ages, ensuring every moment spent here is filled with joy. No detail has been overlooked in ensuring your comfort. Each bedroom is a sanctuary, offering ample space, cozy seating areas, and individual TVs. Dual washer and dryer sets on the second and third floors provide convenience, while the garage and drive offer parking for up to seven vehicles.This property is not only a dream home but also a lucrative investment opportunity. With short-term rentals allowed and a location in the highly popular Panama City Beach vacation market, projections indicate an impressive annual return of over $290K. The home's turn-key readiness, with elegant coastal furnishings and every conceivable amenity, ensures that it stands out in the rental market.Located just minutes from Pier Park, 30A and a short walk from your private deeded beach access, 503 Albatross places you at the heart of all that Panama City Beach has to offer. Whether you're seeking a tranquil escape or an active coastal lifestyle, this home provides the perfect balance of both.

Location

State FL

County Bay

Community Short Term Rental Allowed

Area 03 - Bay County - Beach

Interior

Interior Features Wet Bar, Breakfast Bar, Pantry

Heating Central, Electric

Cooling Central Air, Ceiling Fan(s), Electric

Furnishings Furnished

Fireplace No

Appliance Bar Fridge, Dryer, Dishwasher, Disposal, Gas Oven, Gas Range, Gas Water Heater, Ice Maker, Microwave, Refrigerator, Range Hood, Tankless Water Heater, Washer

Exterior

Exterior Feature Balcony, Sprinkler/Irrigation, Outdoor Shower, Patio, Columns, Rain Gutters

Parking Features Attached, Driveway, Garage, Garage Door Opener, Paved

Garage Spaces 1.0

Garage Description 1.0

Fence Fenced

Pool Fenced, Gunite, Gas Heat, In Ground, Salt Water

Community Features Short Term Rental Allowed

Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Water Connected

Amenities Available Beach Rights

View Y/N Yes

View Gulf

Roof Type Metal

Porch Balcony, Covered, Open, Patio, Porch

Building

Lot Description Cleared

Architectural Style Coastal

Schools

Elementary Schools Hutchison Beach

Middle Schools Surfside

High Schools Arnold

Others

Tax ID 34760-000-000

Security Features Fire Alarm,Fire Sprinkler System

Listed by Compass Florida, LLC

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+1(877) 366-2213

support@lpt.com

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