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Sold

501 Albatross Street

501 Albatross Street, Panama City Beach, FL 32413

$2,100,000
UNDER CONTRACT.SELLER ACCEPTING BACKUP OFFERS Looking for a Luxury Vacation 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 is ready to cash flow. This luxury beach home sleeps up to 22 guests, with vacation rental income projections estimated at $250K- $260K annually.

8
beds

8
baths

4,292 Sq.Ft. LIVING AREA

8,973 Sq.Ft. lot

Rachel Warrell

Rachel Warrell

Features & Amenities

Interior

  • total bedrooms8
  • Total bathrooms8
  • full bathrooms7
  • half bathroom1
  • Laundry room Washer Hookup, Dryer Hookup
  • APPLIANCES Dryer, Dishwasher, ENERGY STAR Qualified Appliances, Gas Cooktop, Gas Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator, Washer
  • other interior Features Breakfast Bar, High Ceilings, Kitchen Island, Pantry, Paneling/Wainscoting, Recessed Lighting, Split Bedrooms, Natural Woodwork

Area & Lot

  • Status Sold
  • Living Area4,292 Sq.Ft.
  • Lot Area8,973 Sq.Ft.
  • MLS® ID729361
  • TypeResidential
  • YEAR BUILT2023
  • NeighborhoodSouth Walton County
  • Architecture StylesCoastal
  • View DescriptionGulf, Other
  • Elementary SchoolHutchison Beach
  • Middle SchoolSurfside
  • High SchoolArnold

Exterior

  • STORIES3
  • Garage Space1.0
  • utilitiesSewer Connected, Water Connected
  • PoolFenced, In Ground, Private, Salt Water, Pool
  • roofMetal
  • lot featuresCleared, Corner Lot, Other
  • parkingAttached, Driveway, Garage, Golf Cart Garage, Paved
  • HEAT TYPECentral, Electric
  • AIR CONDITIONINGCentral Air, Electric, ENERGY STAR Qualified Equipment, Heat Pump, Multi Units
  • SubstructureSlab
  • HOA AmenitiesBeach Rights
  • security FeaturesPrewired, Smoke Detector(s)
  • other exterior FeaturesBalcony, Outdoor Living Area, Outdoor Shower, Pool, Porch, Patio, Rain Gutters

Financial

  • Sales Price$2,100,000
  • Real Estate Tax $1,820/yr
  • HOA $100/yr

South Walton County

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