503 Albatross Street, Panama City Beach, FL 32413
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Address: 503 Albatross Street, Panama City Beach, FL 32413
Property Location and Similar Properties
- MLS#: 759527 ( Residential )
- Street Address: 503 Albatross Street
- Viewed: 31
- Price: $2,650,000
- Price sqft: $0
- Waterfront: No
- Year Built: 2023
- Bldg sqft: 0
- Bedrooms: 8
- Total Baths: 8
- Full Baths: 7
- 1/2 Baths: 1
- Garage / Parking Spaces: 1
- Days On Market: 178
- Additional Information
- Geolocation: 30.202 / -85.8473
- County: BAY
- City: Panama City Beach
- Zipcode: 32413
- Subdivision: Bid A Wee
- Elementary School: Hutchison Beach
- Middle School: Surfside
- High School: Arnold
- Provided by: Compass Florida, LLC
- DMCA Notice
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DescriptionIntroducing 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.
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Features
Building and Construction
- Covered Spaces: 0.00
- Exterior Features: Balcony, SprinklerIrrigation, OutdoorShower, Patio, Columns, RainGutters
- Fencing: Fenced
- Living Area: 3945.00
- Roof: Metal
Land Information
- Lot Features: Cleared
School Information
- High School: Arnold
- Middle School: Surfside
- School Elementary: Hutchison Beach
Garage and Parking
- Garage Spaces: 1.00
- Open Parking Spaces: 0.00
- Parking Features: Attached, Driveway, Garage, GarageDoorOpener, Paved
Eco-Communities
- Pool Features: Fenced, Gunite, GasHeat, InGround, SaltWater
Utilities
- Carport Spaces: 0.00
- Cooling: CentralAir, CeilingFans, Electric
- Heating: Central, Electric
- Road Frontage Type: CityStreet
- Utilities: CableConnected, ElectricityConnected, NaturalGasConnected, PhoneAvailable, WaterConnected
Amenities
- Association Amenities: BeachRights
Finance and Tax Information
- Home Owners Association Fee: 100.00
- Insurance Expense: 0.00
- Net Operating Income: 0.00
- Other Expense: 0.00
- Pet Deposit: 0.00
- Security Deposit: 0.00
- Tax Year: 2023
- Trash Expense: 0.00
Other Features
- Appliances: BarFridge, Dryer, Dishwasher, Disposal, GasOven, GasRange, GasWaterHeater, IceMaker, Microwave, Refrigerator, RangeHood, TanklessWaterHeater, Washer
- Furnished: Furnished
- Interior Features: WetBar, BreakfastBar, Pantry
- Legal Description: BID-A-WEE SUBDIV. LOT 8 BLK N ORB 4676 P 1945
- Area Major: 03 - Bay County - Beach
- Occupant Type: Tenant
- Parcel Number: 34760-000-000
- Style: Coastal
- The Range: 0.00
- View: Gulf
- Views: 31
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- John Holtje
- Tropic Shores Realty
- 352.587.3980
- bigjohnholtje@gmail.com