503 Albatross Street

Panama City Beach, FL 32413

$2,650,000
Price
8
Beds
7
Baths
1
1/2 Bath
3,945 Sq. Ft.
$672 / Sq. Ft.
3,945
Sq. Ft.
$672
per Sq. Ft.

Listed By Compass

Listed By Compass

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...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.

Listing Agent

  1. Clay Owens

    Clay Owens

    Listing Agent

    Compass

    clay.owens@compass.com

    P: (850)-890-9195

    CallTextEmail

Property Details for 503 Albatross Street

Architectural Style
Coastal
Waterfront
No
Parking Features
Attached, Driveway, Garage, Garage Door Opener, Paved
Subdivision Name
Bid-A-Wee
View
Gulf
Zoning Description
Resid Single Family
View
Yes
LISTING UPDATED: 12/14/2024 02:04 PM

Property Details for 503 Albatross Street

StatusActive
MLS #759527
Days on Market153
Taxes$2,593 / year
HOA Fees$100 / year
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Detached / Detached
Year Built2023
Lot Size0.21 AC / 9,147 SF
CountyBay County

Building Information for 503 Albatross Street

Stories-Year Built2023Building Size-Lot Size0.21 AC / 9,147 SF

Property Information for 503 Albatross Street

Summary
Location and General Information
  • City: Panama City Beach
  • County Or Parish: Bay
  • Directions: From the intersection of Front Beach Road and Albatross Street, proceed north on Albatross Street. In 700 feet, the destination will be on your right.
  • Road Surface Type: Paved
  • Postal Code: 32413
  • Latitude: 30.202026
  • Longitude: -85.847259
  • State Or Province: FL
  • Road Frontage Type: City Street
  • MLS Area Major: 03 - Bay County - Beach
  • MLS Area Minor: 0320 - Beach - Middle Central
Taxes and HOA Information
  • Parcel Number: 34760-000-000
  • Association Fee: $100.00
  • Association Fee Frequency: Annually
  • Association: Yes
  • Tax Annual Amount: $2,593.00
  • Tax Legal Description: BID-A-WEE SUBDIV. LOT 8 BLK N ORB 4676 P 1945
  • Tax Year: 2023
School Information
  • Elementary School: Hutchison Beach
  • High School: Arnold
  • Middle Or Junior School: Surfside
Parking
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Garage: Yes
  • Other Parking: Driveway Spaces:6.00
Property
Lot Information
  • Lot Features: Cleared
  • Lot Size Acres: 0.21
  • Lot Size Dimensions: 60 x 150
  • Lot Size Square Feet: 9148.0
  • Living Area: 3945.0
  • Living Area Source: Appraiser
Property and Assessments
  • Year Built: 2023
  • Property Attached: No
  • Human Modified: No
Utilities
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Water Connected
Interior and Exterior Features
Exterior Features
  • Exterior Features: Balcony, Sprinkler Irrigation, Outdoor Shower, Patio, Columns, Rain Gutters
  • Fencing: Fenced
  • Pool Features: Fenced, Gunite, Gas Heat, In Ground, Salt Water
  • Association Amenities: Beach Rights
  • Community Features: Short Term Rental Allowed
  • Construction Materials: Hardiplank Type
  • Patio And Porch Features: Balcony, Covered, Open, Patio, Porch
  • Security Features: Fire Alarm, Fire Sprinkler System
  • Roof: Metal
Interior Features
  • Bathrooms Full: 7
  • Bathrooms Half: 1
  • Bathrooms Total: 8
  • Bedrooms Total: 8
  • Cooling: Yes
  • Cooling: Central Air, Ceiling Fans, Electric
  • Heating: Yes
  • Heating: Central, Electric
  • Furnished: Furnished
  • Appliances: Bar Fridge, Dryer, Dishwasher, Disposal, Gas Oven, Gas Range, Gas Water Heater, Ice Maker, Microwave, Refrigerator, Range Hood, Tankless Water Heater, Washer
  • Interior Features: Wet Bar, Breakfast Bar, Pantry
Room Information
Room 1
  • Room Area: 144.0
  • Room Dimensions: 12 x 12
  • Room Length: 12.0
  • Room Level: Third
  • Room Type: Bedroom
  • Room Width: 12.0
Room 2
  • Room Area: 144.0
  • Room Dimensions: 12 x 12
  • Room Length: 12.0
  • Room Level: Third
  • Room Type: Bedroom
  • Room Width: 12.0
Room 3
  • Room Area: 144.0
  • Room Dimensions: 12 x 12
  • Room Length: 12.0
  • Room Level: Third
  • Room Type: Bedroom
  • Room Width: 12.0
Room 4
  • Room Area: 180.0
  • Room Dimensions: 15 x 12
  • Room Length: 15.0
  • Room Level: Second
  • Room Type: Bedroom
  • Room Width: 12.0
Room 5
  • Room Area: 180.0
  • Room Dimensions: 15 x 12
  • Room Length: 15.0
  • Room Level: Second
  • Room Type: Bedroom
  • Room Width: 12.0
Room 6
  • Room Area: 110.0
  • Room Dimensions: 11 x 10
  • Room Length: 11.0
  • Room Level: Second
  • Room Type: Bedroom
  • Room Width: 10.0
Room 7
  • Room Area: 168.0
  • Room Dimensions: 14 x 12
  • Room Length: 14.0
  • Room Level: Second
  • Room Type: Bedroom
  • Room Width: 12.0
Room 8
  • Room Area: 175.0
  • Room Dimensions: 14 x 12.5
  • Room Length: 14.0
  • Room Level: First
  • Room Type: Primary Bedroom
  • Room Width: 12.5
Room 9
  • Room Area: 360.0
  • Room Dimensions: 30 x 12
  • Room Length: 30.0
  • Room Level: Third
  • Room Type: Recreation
  • Room Width: 12.0
Room 10
  • Room Area: 195.0
  • Room Dimensions: 15 x 13
  • Room Length: 15.0
  • Room Level: Second
  • Room Type: Family Room
  • Room Width: 13.0
Room 11
  • Room Area: 1280.0
  • Room Dimensions: 40 x 32
  • Room Length: 40.0
  • Room Level: First
  • Room Type: Great Room
  • Room Width: 32.0
Rental
Rental Information
  • Occupant Type: Tenant

Property History for 503 Albatross Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 503 Albatross Street

Taxable ValueLand$244,757Additions-Total$244,757
Tax Record2023$2,593 ($216 / month)
Home Facts
Beds2Stories1Lot Size8,973 SqFtStyleResidentialZoningPCB16CountyBAYAPN34760-000-000

Schools near 503 Albatross Street

This home is within Bay.
Rating
School
Type
Grades
Distance
Hutchison Beach Elementary School
Public - K to 5
Surfside Middle School
Public - 6 to 8
J.R. Arnold High School
Public - 9 to 12
A. Gary Walsingham Academy
Public - PK to 3
Rating
School
Distance
Hutchison Beach Elementary School
PublicK to 5

Surfside Middle School
Public6 to 8

J.R. Arnold High School
Public9 to 12

A. Gary Walsingham Academy
PublicPK to 3

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 503 Albatross Street, Panama City Beach, FL 32413

503 Albatross Street is a single family home for sale in Panama City Beach, FL 32413. This property was listed for sale on July 4, 2024 by Compass, it's currently listed at $2,650,000. It has been on the market for a total of 153 days and was last sold on April 7, 2023. This listing's school district is Bay. Nearby schools include Hutchison Beach Elementary School, Surfside Middle School and J.R. Arnold High School. 503 Albatross Street is a 8-bed, 7.5-bath, 3,945 sqft single family home built in 2023.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Information deemed reliable but not guaranteed. Copyright© 2024 Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. All Rights Reserved.