Sold
501 Albatross Street
Panama City Beach FL, 32413
$2,100,000
$489.28 per sqft
Sold
8 Beds
7.5 Baths
4,292 sqft
Residential
Built in 2023
UNDER CONTRACT.SELLER ACCEPTING BACKUP OFFERS Looking for a Luxury Vacation Beach Home that's Income Producing? Welcome to your stunning, three-story, 8 Bed/ 7.5 Bath luxury beach home with gorgeous views of the Gulf of Mexico. Indoor and outdoor living collide gracefully in the main living area, which features glass sliding doors that open up to the private pool/spa, outdoor shower, and fenced-in backyard. Located in the quiet beach community of Bid-A-Wee Beach, in the heart of Panama City Beach, Florida, you'll have PRIVATE, GATED BEACH ACCESS down the street. This luxury beach home comes is ready to cash flow. This luxury beach home sleeps up to 22 guests, with vacation rental income projections estimated at $250K-$260K annually. Outside, the private saltwater pool takes center stage and is perfect for enjoying barbecues and entertaining friends and family. On the first level, you'll find an expansive living and dining area and a spectacular chef's kitchen offering custom cabinetry, High-End GE cafe appliances, a natural gas stove, a 48-inch GE Cafe refrigerator, and quartz countertops. This luxury beach home features multiple primary bedroom suites, with 4 of the 8 bedrooms having their own private ensuite bathrooms. There are two (2) separate laundry rooms, the first laundry room is on the 2nd floor, and the third laundry room on the 3rd floor. The third floor offers three bedrooms, and a large rec room, as well as an expansive private balcony that showcases stunning views of the Gulf of Mexico. This beach home also features a small attached garage, which is perfect for parking your golf cart, or storing beach equipment. Life is truly a vacation when you're just a short golf cart ride away from Bid-A-Wee's gated beach access with over 2200 feet of Dedicated Beach. This home is currently under construction and is expected to be completed February 2023. Designed and built by Mulder & Company, a locally owned, trusted builder known for their exceptional craftsmanship and attention to detail. **All interior listing photos are pictures of a model home that has similar finishes to this home, once construction is complete.** Floor plans and a list of all the upgrades and the specs for this home are available upon request. Call today to see this beautiful beach home in person!
903450
MLSⓇ ID
July 12, 2022
Listed
March 10, 2024
Updated
Map
501 Albatross Street
Panama City Beach FL, 32413
Interior Features
Total Stories
3
Bedrooms
8 Beds
Bathrooms
7.5 Baths
Interior Features
Breakfast Bar, Ceiling Raised, Floor Tile, Floor Vinyl, Furnished - None, Kitchen Island, Lighting Recessed, Owners Closet, Pantry, Split Bedroom, Walls Wainscoting, Washer/Dryer Hookup, Woodwork Painted
Appliances
Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Gas, Washer
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Central
Exterior/Building Features
Lot Size
0.21 Acres
Exterior Features
Balcony, Fenced Back Yard, Fenced Lot-Part, Fenced Privacy, Patio Covered, Patio Open, Pool - In-Ground, Porch Open, Shower
Lot Features
Corner, Easements, Within 1/2 Mile to Water, See Remarks
Architectual Style
Beach House
School Information
High School
Arnold
Elementary School
Hutchinson Beach
Other Property Details
Area Name
27 - Bay County
Taxes
$1,820
Tax Frequency
Annually
Days on Market
196
Association Fee
Not Listed
Garage
Yes
Garage Spaces
1
Parking
Golf Cart Enclosed, See Remarks, Other
View
Yes
View Description
Gulf
County
Bay
Pool
Yes
Pool Features
Pool Type
Zoning
City
Listing History
Date | Event | Price |
---|---|---|
6/30/2023 | Sold | $2,100,000 |
Courtesy of EXP Realty LLC, Rachel N Warrell,
Listing Contact:
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