Single Family for Sale: 503 Albatross, Panama City Beach, FL 32413

8 beds
7 full, 1 half baths
3945
$2,850,000
$2,850,000
503 Albatross, Panama City Beach, FL 32413
8 beds
7 full, 1 half baths
3945
$2,850,000
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Price:
$2,850,000

Type Single Family
Style Coastal
Beds 8
Bathrooms 8
Square Footage 3,945 sqft
Lot Size 0.21 acres
Year Built 2023
Assoc Fee $100
Assoc Fee Freq Annually

City Panama City Beach
County Bay
Subdivision Bid-A-Wee
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.

Room Features

Bedroom 14 x 12 Second
Bedroom 2 11 x 10 Second
Bedroom 3 15 x 12 Second
Bedroom 4 15 x 12 Second
Bedroom 5 12 x 12 Third
Bedroom 6 12 x 12 Third
Bedroom 7 12 x 12 Third
Family Room 15 x 13 Second
Great Room 40 x 32 First
Primary Bedroom 14 x 12.5 First
Recreation 30 x 12 Third

Lot & Building Features

Appliances Bar Fridge, Washer, Tankless Water Heater, Refrigerator, Range Hood, Microwave, Ice Maker, Gas Water Heater, Gas Range, Gas Oven, Dryer, Disposal, Dishwasher
Association Amenities Beach Rights
Style Coastal
Assoc Fee $100
Construction Materials Hardi Plank Type
Cooling Ceiling Fans, Electric, Central Air
Heating Central, Electric
Parking Features Attached, Paved, Garage Door Opener, Garage, Driveway
Tax Year 2023
Lot Dimensions 60 x 150

Community and Schools

Elementary School Hutchison Beach
Junior High School Surfside
Senior High School Arnold

Map of 503 Albatross, Panama City Beach, FL

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503 Albatross (MLS #759527) is a coastal single family home located in Panama City Beach, FL. This single family home is 3,945 sqft and on a lot of 9,148 sqft (or 0.21 acres) with 8 bedrooms, 8 baths and is 1 years old. This property was listed on 07/04/2024 and has been priced for sale at $2,850,000.

Nearby zip codes are 32407 and 32408. This property neighbors other cities such as Panama City.

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

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