Hi There! Is this Your First Time?

Did you know if you Register you have access to free search tools including the ability to save listings and property searches? Did you know that you can bypass the search altogether and have listings sent directly to your email address or Facebook? Check out our how-to page for more info. Also, LIKE and follow us @gulfcondos to receive local info including aerial imagery, event and entertainment news and helpful local information.

  • Price$2,850,000
  • Beds8
  • Baths8
  • SQ. Feet3,945
  • Acres0.21
  • Built2023

503 Albatross St, PANAMA CITY BEACH

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 thatperfectly complement the home's elegant aesthetic. The heart of this home is its state-of-the-art kitchen, featuring top-of-the-line GE Café 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 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.

Essential Information

  • MLS® #953911
  • Price$2,850,000
  • Bedrooms8
  • Bathrooms8.00
  • Full Baths7
  • Half Baths1
  • Square Footage3,945
  • Acres0.21
  • Year Built2023
  • TypeResidential
  • Sub-TypeDetached Single Family
  • StyleBeach House
  • StatusActive

Amenities

  • AmenitiesShort Term Rental - Allowed
  • UtilitiesElectric Available, Public Sewer Available, Public Water Available, Gas - Natural, TV Cable Available
  • Parking Spaces1
  • ParkingGarage, Garage: Attached
  • # of Garages1
  • Has PoolYes
  • PoolPool - In-Ground, Private, Pool - Gunite Concrt, Pool - Heated, Community

Exterior

  • ExteriorSiding CmntFbrHrdBrd, Roof Metal
  • Exterior FeaturesFenced Back Yard, Fenced Privacy, Patio Covered, Patio Open, Pool - In-Ground, Sprinkler System, Balcony, Columns, Pool - Gunite Concrt, Pool - Heated, Shower, Rain Gutter
  • RoofRoof Metal

Additional Information

  • Days on Website10
  • ZoningResidential Single Family
  • HOA Fees100.00
  • HOA Fees Freq.Annually

Community Information

  • Address503 Albatross St
  • AreaBay County
  • SubdivisionBID-A-WEE S/D
  • CityPANAMA CITY BEACH
  • CountyBAY
  • StateFL
  • Zip Code32413

Interior

  • Interior FeaturesCeiling Tray/Cofferd, Furnished - All, Kitchen Island, Owner's Closet, Pantry, Washer/Dryer Hookup, Wet Bar, Window Treatment All, Breakfast Bar
  • AppliancesAuto Garage Door Opn, Dishwasher, Disposal, Dryer, Microwave, Range Hood, Refrigerator, Refrigerator W/Ice Maker, Washer, Fire Alarm/Sprinkler, Security System, Stove/Oven Gas
  • HeatingHeat: Central Electric
  • CoolingA/C: Central Electric, Ceiling Fans
  • # of Stories3

School Information

  • ElementaryHUTCHISON BEACH
  • MiddleSurfside
  • HighARNOLD

Listing Details

  • Listing OfficeCompass
Please provide a valid email address.

DISCLAIMER: Information Deemed Reliable but not guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright2024, All rights reserved.