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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