Our credit card system is down. We are actively working on this issue. If you would like to make a reservation please call 850-234-7151 9 am - 4 pm OR email us with your contact info, unit and dates. We will get a block in for you until we can resolve this!

logo ×

  • This field is for validation purposes and should be left unchanged.

501 Albatross Street, Panama City Beach, FL 32413

$2,100,000
Property Type: Residential Bedrooms: 8 Baths: 8 Square Footage: 4,292 Lot Size (sq. ft.): 8,973 Status: Sold
Current Price: $2,400,000 List Date: 7/12/2022 Last Modified: 9/24/2024

Description

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.

Supplements: 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. The third floor offer 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!

More Information MLS# 729361

Listing Info, Tax and Legal

Homestead: No HOA Fee: Yes HOA Amount: 100 HOA Frequency: Annually HOA Annual Amount: 100 Senior Community: No New Buyer Fee: No Last Taxes: 1820 Last Tax Year: 2021 Brokerage Interest: No Interest As Is: Yes

Contract Info

List Price/SqFt: 559.18 Status: Sold List Date: 2022-07-12 List Price: $2,400,000 Current Price: $2,100,000

Location

Sub Area: 0320 - Beach - Middle Central Community/Resort: Bid a Wee Waterfront: No Elementary School: Hutchison Beach Middle School: Surfside High School: Arnold Directions: From Panama City Beach Pkwy, head South on Nautilus to Front Beach Road. Turn left on Front Beach then look for Albatross after traffic light. From Front Beach Road heading east, turn left on Albatross, house is on the right on the corner lot. Area: 03 - Bay County - Beach Street #: 501 Street Name: Albatross Street Suffix: Street State: FL Zip Code: 32413 County: Bay Subdivision: Bid A Wee Parcel ID: 34761-000-000 Legal Description: see attached deed in documents section

General Property Info

Acreage: 0.21 Design: Beach House Lot Size (SqFt): 8973 Apx SqFt(Htd/Cooled): 4292 Construction Status: Under Construction SqFt Source: Builders Plans Half Baths: 1 # of Stories in Building: 3 Lot Dimensions: 60x150 Garage Y/N: Yes Garage Spaces: 1 Covered Spaces: 1 Driveway Spaces: 7 Sub-Type: Detached Single Family Bedrooms: 8 Full Baths: 7 Total Baths: 8 Year Built: 2023

Remarks & Misc

Remarks: 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.

Status Change Info

Sold Price/SqFt: 489.28 Sold Price/Acre: 10000000 Under Contract Date: 2023-01-24 Sold Date: 2023-02-23 Sold Price: $2,100,000

Garage

First: 1

Great Room

First: 1

Pool Features

Fenced: 1 Inground: 1 Saltwater: 1

Recreation Room

Second: 1 Third: 1

Appliances

Cooktop - Gas: 1 Dishwasher: 1 Dryer: 1 ENERGY STAR Qualified Appliances: 1 Microwave: 1 Oven - Gas: 1 Range - Gas: 1 Refrigerator: 1 Washer: 1 Water Heater - Gas: 1

Interior Features

Washer/Dryer Hookup: 1 Breakfast Bar: 1 Ceiling - Raised: 1 Closet Owner: 1 Floor - Tile: 1 Floor - Vinyl Plank: 1 Kitchen Island: 1 Lighting - Recessed: 1 Lock Out Closet: 1 Pantry: 1 Split Bedroom: 1 Walls Wainscoting: 1 Woodwork Painted: 1

Assumable Mtg Typ

None: 1

Construction/Siding

Foundation - Slab on Grade: 1 Frame: 1 Roof - Gutters: 1 Roof - Metal: 1 Siding - Hardie Board: 1 Trim - Hardie Board: 1

Exterior

Balcony: 1 Deck Open: 1 Fenced Lot-Part: 1 Fenced Privacy: 1 Shower: 1 Patio Covered: 1 Patio Open: 1 Pool: 1 Porch: 1 Porch Covered: 1 Separate Living Area: 1 Storm Windows: 1

Other Structures

Storage: 1 See Remarks: 1

Association Fees Include

Beach: 1

Financing

Cash: 1 Conventional: 1

Furnished

Unfurnished: 1

Interior

Bonus Room: 1 Bunk Room: 1 Insulated Doors: 1

Lot Features

Cleared: 1 Corner Lot: 1 Dedicated Beach: 1 Near Beach Access: 1 Within 1/2 Mile to Water: 1 Other - See Remarks: 1

Lot Access

Paved Road: 1

Parking Features

Driveway: 1 Garage Attached: 1 Golf Cart Garage: 1 Paved: 1

Mstr Bath / Mstr Bdrm

MBath Double Vanity: 1 MBath Separate Shwr: 1 MBath Tile: 1 MBed First Floor: 1 MBed Walk-in Closet: 1 See Remarks: 1

Present Zoning

City: 1

Association Amenities

Beach: 1 Other - See Remarks: 1

Rooms

Bedroom: 1 Garage: 1 Great Room: 1 Recreation Room: 1

Showing

ShowingTime: 1

Utilities

All Utilities: 1 Public Sewer - Connected: 1 Water Connected: 1

Waterview

Gulf: 1 Other - See Remarks: 1

Sale Type

Accept Backup Offers: 1 As Is: 1

Bedroom

First: 1 Second: 1 Third: 1

Cooling

Central Air: 1 Electric: 1 ENERGY STAR Qualified Equipment: 1 Heat Pump: 1 Multi Units: 1

Heating

Central: 1 Electric: 1

Security Features

Prewired: 1 Smoke Detector(s): 1

Special List Prov

Other-See Remarks: 1

Property Features

Appliances: Cooktop - Gas; Dishwasher; Dryer; ENERGY STAR Qualified Appliances; Microwave; Oven - Gas; Range - Gas; Refrigerator; Washer; Water Heater - Gas Assumable Mtg Typ: None Bedroom: First; Second; Third Cooling: Central Air; Electric; ENERGY STAR Qualified Equipment; Heat Pump; Multi Units Heating: Central; Electric Exterior: Balcony; Deck Open; Fenced Lot-Part; Fenced Privacy; Shower; Patio Covered; Patio Open; Pool; Porch; Porch Covered; Separate Living Area; Storm Windows Association Fees Include: Beach Financing: Cash; Conventional Furnished: Unfurnished Interior: Bonus Room; Bunk Room; Insulated Doors Lot Features: Cleared; Corner Lot; Dedicated Beach; Near Beach Access; Within 1/2 Mile to Water; Other - See Remarks Lot Access: Paved Road Great Room: First Garage: First Pool Features: Fenced; Inground; Saltwater Recreation Room: Second; Third Security Features: Prewired; Smoke Detector(s) Parking Features: Driveway; Garage Attached; Golf Cart Garage; Paved Other Structures: Storage; See Remarks Association Amenities: Beach; Other - See Remarks Rooms: Bedroom; Garage; Great Room; Recreation Room Sale Type: Accept Backup Offers; As Is Showing: ShowingTime Special List Prov: Other-See Remarks Utilities: All Utilities; Public Sewer - Connected; Water Connected Waterview: Gulf; Other - See Remarks

Room Information

Bedroom Level: First Dimensions: 14 x 12.6 Length: 14.00 Width: 12.60 Dimensions: 14 x 12.6 Remarks: Bedroom #1 also has private bath 9x6 with shower Bedroom Level: Second Dimensions: 14 x 12 Length: 14.00 Width: 12.00 Dimensions: 14 x 12 Remarks: Bedroom #2 with Private bath (shower) Bedroom Level: Second Dimensions: 11 x 10 Length: 11.00 Width: 10.00 Dimensions: 11 x 10 Remarks: Bedroom #3 with private bathroom, shower Bedroom Level: Second Dimensions: 15 x 12 Length: 15.00 Width: 12.00 Dimensions: 15 x 12 Remarks: Bedroom #4 Bedroom Level: Second Dimensions: 15 x 12 Length: 15.00 Width: 12.00 Dimensions: 15 x 12 Remarks: Bedroom #5 with private bath Bedroom Level: Third Dimensions: 12 x 12 Length: 12.00 Width: 12.00 Dimensions: 12 x 12 Remarks: Bedroom #6 with shared bath Bedroom Level: Third Dimensions: 12 x 12 Length: 12.00 Width: 12.00 Dimensions: 12 x 12 Remarks: Bedroom #7 with shared bath Bedroom Level: Third Dimensions: 12 x 12 Length: 12.00 Width: 12.00 Dimensions: 12 x 12 Remarks: Bedroom #8 with shared bath Great Room Level: First Dimensions: 40 x 32 Length: 40.00 Width: 32.00 Dimensions: 40 x 32 Remarks: Great Room, includes Kitchen, Living Room, Dining Recreation Room Level: Second Dimensions: 14 x 13 Length: 14.00 Width: 13.00 Dimensions: 14 x 13 Remarks: 2nd Floor Rec Room Recreation Room Level: Third Dimensions: 12 x 30 Length: 12.00 Width: 30.00 Dimensions: 12 x 30 Remarks: Third floor Rec Room Garage Level: First Dimensions: 15 x 12 Length: 15.00 Width: 12.00 Dimensions: 15 x 12
Listing Office: eXp Realty, LLC
Last Updated: September - 24 - 2024
Information deemed reliable but not guaranteed.